777 result(s) for income
Hungary Net External Financing Capacity At 9% Of GDP In Q3
- 24 Dec 2015 8:00 AM
- business
Adjusted for seasonal effects, Hungary’s net external financing capacity was 2.502 billion Euros or 9% of quarterly GDP in the third quarter, balance of payment data published by the National Bank of Hungary on Wednesday show. The adjusted Q3 surplus was down from the second quarter when it reached 2.621 billion Euros. It was up 668 million Euros from a year earlier.
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).
Hungary To Request Chimney Cake Receive Traditional Speciality Product Designation
- 18 Dec 2015 8:00 AM
- food & drink
Hungary is expected to submit a request to have chimney cake be designated a traditional speciality product within the European Union at the end of the first quarter of next year, the Ministry of Agriculture’s Deputy State Secretary for Origin Protection announced at a press conference in Budapest on Monday.
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
PM Advisor’s Habony Deleted From Nightclub Video
- 14 Dec 2015 8:00 AM
- current affairs
Scenes featuring unofficial prime ministerial advisor Árpád Habony in a promotional video for the elite Heart nightclub on Ibiza have been deleted, RTL Klub reported on Friday. Democratic Coalition politician Zsolt Gréczy said the re-editing of the video proves that the recording is embarrassing for Habony. Jobbik initiated an audit by the Tax Office into Habony’s wealth to clarify from what ...
Orbán: Hungary’s Education Policy Remains Open To Foreigners Despite Migrant Crisis
- 11 Dec 2015 8:00 AM
- community & culture
Hungary’s education policy will remain open despite the migrant crisis and “we continue to welcome international students”, Prime Minister Viktor Orbán said, adding the government will expand the Stipendium Hungaricum scholarship scheme. Orbán told a reception for Stipendium Hungaricum recipients that they have all arrived in Hungary in a regulated way, they abide by the country’s laws and ...
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Retail Sector Continues To Record Sales Growth Above The EU Average, September 2015
- 30 Nov 2015 8:00 AM
- shopping
In September 2015, the volume of retail sales grew by 5.1 percent year-on-year, and thus the sector’s positive sales trend has been in place for the 28th consecutive month. In the initial nine months of the year, the volume of sales was up by 5.9 percent year-on-year. These growth figures exceed both the EU and the Euro-zone averages.
Almost 45% Of Hungarians Live In Overcrowded Homes
- 24 Nov 2015 8:00 AM
- property
Almost 45% of Hungarians lived in overcrowded homes, according to a fresh report by Eurostat. Overcrowded is understood in the study to mean homes which do not have at least one living room as well as one room for every couple, every two children up to the age of twelve, and over the age of twelve if they are of the same gender, and every single adult. The data from 2014 show 68% of Hungarians ...
Hungary Net External Financing Capacity At 9% Of GDP In Q3
- 24 Dec 2015 8:00 AM
- business
Adjusted for seasonal effects, Hungary’s net external financing capacity was 2.502 billion Euros or 9% of quarterly GDP in the third quarter, balance of payment data published by the National Bank of Hungary on Wednesday show. The adjusted Q3 surplus was down from the second quarter when it reached 2.621 billion Euros. It was up 668 million Euros from a year earlier.
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).
Hungary To Request Chimney Cake Receive Traditional Speciality Product Designation
- 18 Dec 2015 8:00 AM
- food & drink
Hungary is expected to submit a request to have chimney cake be designated a traditional speciality product within the European Union at the end of the first quarter of next year, the Ministry of Agriculture’s Deputy State Secretary for Origin Protection announced at a press conference in Budapest on Monday.
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
PM Advisor’s Habony Deleted From Nightclub Video
- 14 Dec 2015 8:00 AM
- current affairs
Scenes featuring unofficial prime ministerial advisor Árpád Habony in a promotional video for the elite Heart nightclub on Ibiza have been deleted, RTL Klub reported on Friday. Democratic Coalition politician Zsolt Gréczy said the re-editing of the video proves that the recording is embarrassing for Habony. Jobbik initiated an audit by the Tax Office into Habony’s wealth to clarify from what ...
Orbán: Hungary’s Education Policy Remains Open To Foreigners Despite Migrant Crisis
- 11 Dec 2015 8:00 AM
- community & culture
Hungary’s education policy will remain open despite the migrant crisis and “we continue to welcome international students”, Prime Minister Viktor Orbán said, adding the government will expand the Stipendium Hungaricum scholarship scheme. Orbán told a reception for Stipendium Hungaricum recipients that they have all arrived in Hungary in a regulated way, they abide by the country’s laws and ...
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Retail Sector Continues To Record Sales Growth Above The EU Average, September 2015
- 30 Nov 2015 8:00 AM
- shopping
In September 2015, the volume of retail sales grew by 5.1 percent year-on-year, and thus the sector’s positive sales trend has been in place for the 28th consecutive month. In the initial nine months of the year, the volume of sales was up by 5.9 percent year-on-year. These growth figures exceed both the EU and the Euro-zone averages.
Almost 45% Of Hungarians Live In Overcrowded Homes
- 24 Nov 2015 8:00 AM
- property
Almost 45% of Hungarians lived in overcrowded homes, according to a fresh report by Eurostat. Overcrowded is understood in the study to mean homes which do not have at least one living room as well as one room for every couple, every two children up to the age of twelve, and over the age of twelve if they are of the same gender, and every single adult. The data from 2014 show 68% of Hungarians ...