4,344 result(s) for increase
Hungary Top European Destination In 2015
- 5 Jan 2016 8:15 AM
- travel
Hungary has got top marks as a European tourist destination, with the largest increase in the number of tourists visiting in 2015, the Hungarian tourism promotion agency Magyar Turizmus said, citing a report by the World Tourism Organisation (UNWTO) from December last year.
Hungary’s Fourth Biggest City Miskolc Mass Transport Strike Likely
- 5 Jan 2016 8:00 AM
- getting around
The Miskolc bus and tram drivers union will begin talks with the city tomorrow on providing minimum services during a strike, as the two sides have failed to reach agreement on 2015 wages. The union and Miskolc Holding agreed last April on a 3% wage hike for 2015, retroactive to January, for all 3,000 workers of the public transport company. However, the raises were never paid, due to “liquidity ...
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Defence Minister: Hungarian Soldiers Stand Ground In Crises
- 4 Jan 2016 8:00 AM
- current affairs
Hungarian soldiers have “proved in recent crisis situations that they can hold their ground and serve the homeland,” the defence minister said, adding that the military deserves further support. Interviewed by MTI, István Simicskó said that Hungarian soldiers had worked hard building an iron fence along sections of the southern borders, and have patrolled the borders and several cities since the ...
Mandatory Use Of Online Tills For Hairdressers, Cosmeticians In Hungary
- 3 Jan 2016 8:00 AM
- business
Hairdressers and cosmeticians will be exempt of the mandatory use of tills connected directly to the national tax office, but the industry can expect regular tax inspections as before, daily Magyar Idők said on Wednesday. The government made online tills mandatory for retail shops in 2014 to eliminate VAT fraud as part of its efforts to whiten the economy.
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 Gov’t Adds HUF 5bn To Olympics Budget
- 30 Dec 2015 8:00 AM
- sport
The government will increase funding for Budapest’s 2024 Olympic bid from Ft 10 billion to Ft 15 billion, under a resolution approved before Christmas. The feasibility study for the bid to host the 2024 summer games put the total cost of the bidding effort at Ft 10 billion. In addition, the government aims to raise a further Ft 4 billion through tax breaks for corporate sponsorship, boosting the ...
Xpat Opinion: 64 Hungarian Doctors Against ‘Gratitude Money’ Demand Healthcare Reforms
- 28 Dec 2015 9:00 AM
- health & wellness
As doctors demand higher wages to end so called ‘gratitude payments’ and stop the emigration of health care personnel from Hungary, a centrist columnist thinks that ending the system of illegal payments in hospitals is close to impossible.
In a Facebook initiative, 64 doctors are asking Hungarians to forward their petition in emails addressed to the Ministry of Human Resources. They demand the ...
Hungarian Tourism Sector Engine Of Economic Growth, Says Official
- 28 Dec 2015 3:30 AM
- travel
Tourism is one of Hungary’s engines of economic growth, a sector showing a steady increase between 2010 and 2014, the head of the Hungarian Tourism company said. The number of tourists arriving from other European countries went up by 29% during the period, Péter Faragó said.
Hungary Top European Destination In 2015
- 5 Jan 2016 8:15 AM
- travel
Hungary has got top marks as a European tourist destination, with the largest increase in the number of tourists visiting in 2015, the Hungarian tourism promotion agency Magyar Turizmus said, citing a report by the World Tourism Organisation (UNWTO) from December last year.
Hungary’s Fourth Biggest City Miskolc Mass Transport Strike Likely
- 5 Jan 2016 8:00 AM
- getting around
The Miskolc bus and tram drivers union will begin talks with the city tomorrow on providing minimum services during a strike, as the two sides have failed to reach agreement on 2015 wages. The union and Miskolc Holding agreed last April on a 3% wage hike for 2015, retroactive to January, for all 3,000 workers of the public transport company. However, the raises were never paid, due to “liquidity ...
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
Defence Minister: Hungarian Soldiers Stand Ground In Crises
- 4 Jan 2016 8:00 AM
- current affairs
Hungarian soldiers have “proved in recent crisis situations that they can hold their ground and serve the homeland,” the defence minister said, adding that the military deserves further support. Interviewed by MTI, István Simicskó said that Hungarian soldiers had worked hard building an iron fence along sections of the southern borders, and have patrolled the borders and several cities since the ...
Mandatory Use Of Online Tills For Hairdressers, Cosmeticians In Hungary
- 3 Jan 2016 8:00 AM
- business
Hairdressers and cosmeticians will be exempt of the mandatory use of tills connected directly to the national tax office, but the industry can expect regular tax inspections as before, daily Magyar Idők said on Wednesday. The government made online tills mandatory for retail shops in 2014 to eliminate VAT fraud as part of its efforts to whiten the economy.
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 Gov’t Adds HUF 5bn To Olympics Budget
- 30 Dec 2015 8:00 AM
- sport
The government will increase funding for Budapest’s 2024 Olympic bid from Ft 10 billion to Ft 15 billion, under a resolution approved before Christmas. The feasibility study for the bid to host the 2024 summer games put the total cost of the bidding effort at Ft 10 billion. In addition, the government aims to raise a further Ft 4 billion through tax breaks for corporate sponsorship, boosting the ...
Xpat Opinion: 64 Hungarian Doctors Against ‘Gratitude Money’ Demand Healthcare Reforms
- 28 Dec 2015 9:00 AM
- health & wellness
As doctors demand higher wages to end so called ‘gratitude payments’ and stop the emigration of health care personnel from Hungary, a centrist columnist thinks that ending the system of illegal payments in hospitals is close to impossible.
In a Facebook initiative, 64 doctors are asking Hungarians to forward their petition in emails addressed to the Ministry of Human Resources. They demand the ...
Hungarian Tourism Sector Engine Of Economic Growth, Says Official
- 28 Dec 2015 3:30 AM
- travel
Tourism is one of Hungary’s engines of economic growth, a sector showing a steady increase between 2010 and 2014, the head of the Hungarian Tourism company said. The number of tourists arriving from other European countries went up by 29% during the period, Péter Faragó said.














