617 result(s) for forint rate
Orbán Wants ‘Attractive’ Hungary That Entices Citizens Back Home
- 24 Feb 2016 3:00 AM
- current affairs
Political leaders must turn Hungary into a country that entices its citizens living abroad to return, Prime Minister Viktor Orbán said in an interview on local television in Szekszárd, in southern Hungary. “We need to create an environment in which young people feel comfortable, and one that they view ... as a highly exciting, interesting and civilised part of the world with a high quality of ...
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
New Tax System To Leave HUF 850 Bn With Tax Payers In 2016
- 18 Jan 2016 11:00 AM
- business
Hungary’s reformed tax system is set to leave 850 billion forints (EUR 2.7bn) with taxpayers in 2016 in comparison with 2010, the daily Magyar Idők said. Economy Minister Mihály Varga told the paper that the government’s main aim when it comes to reforming the tax system is to make sure more money stays in people’s pockets.
Hungary Nov Construction Sector Output Down 0.2%
- 18 Jan 2016 8:00 AM
- property
Output of Hungary’s construction sector fell by an annual 0.2% in November 2015, the Central Statistical Office said on Friday. The decrease followed a 7.8% fall in the preceding month. Output of the buildings segment rose by 10.2% in November but output of the civil engineering segment slumped by 8%. In absolute terms, construction sector output came to 212.28 billion forints (EUR 674.4m).
More Than 50,000 Jobs Added In Hungary
- 5 Jan 2016 3:00 AM
- business
Commenting on the jobs data, ING Bank chief analyst András Balatoni said the more than 50,000 jobs added on the primary labour market showed the spill-over effect of economic growth. Takarékbank analyst Gergely Suppan said the latest gauges of business confidence suggest employment could rise further in future. Erste analyst Gergely Ürmössy said the unemployment rate is better than earlier ...
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Orbán Wants ‘Attractive’ Hungary That Entices Citizens Back Home
- 24 Feb 2016 3:00 AM
- current affairs
Political leaders must turn Hungary into a country that entices its citizens living abroad to return, Prime Minister Viktor Orbán said in an interview on local television in Szekszárd, in southern Hungary. “We need to create an environment in which young people feel comfortable, and one that they view ... as a highly exciting, interesting and civilised part of the world with a high quality of ...
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
New Tax System To Leave HUF 850 Bn With Tax Payers In 2016
- 18 Jan 2016 11:00 AM
- business
Hungary’s reformed tax system is set to leave 850 billion forints (EUR 2.7bn) with taxpayers in 2016 in comparison with 2010, the daily Magyar Idők said. Economy Minister Mihály Varga told the paper that the government’s main aim when it comes to reforming the tax system is to make sure more money stays in people’s pockets.
Hungary Nov Construction Sector Output Down 0.2%
- 18 Jan 2016 8:00 AM
- property
Output of Hungary’s construction sector fell by an annual 0.2% in November 2015, the Central Statistical Office said on Friday. The decrease followed a 7.8% fall in the preceding month. Output of the buildings segment rose by 10.2% in November but output of the civil engineering segment slumped by 8%. In absolute terms, construction sector output came to 212.28 billion forints (EUR 674.4m).
More Than 50,000 Jobs Added In Hungary
- 5 Jan 2016 3:00 AM
- business
Commenting on the jobs data, ING Bank chief analyst András Balatoni said the more than 50,000 jobs added on the primary labour market showed the spill-over effect of economic growth. Takarékbank analyst Gergely Suppan said the latest gauges of business confidence suggest employment could rise further in future. Erste analyst Gergely Ürmössy said the unemployment rate is better than earlier ...
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).