• 07 Dec 2023

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23 result(s) for innovation in Finance

'Largest Bank in World' the Industrial & Commercial Bank Of China Aims to Open Branch in Hungary

'Largest Bank in World' the Industrial & Commercial Bank Of China Aims to Open Branch in Hungary

Prime Minister Viktor Orbán met Chen Siqing, head of the board of directors of the Industrial and Commercial Bank of China, the largest bank in the world, for talks in Beijing.
China Construction Bank Opens Branch in Hungary

China Construction Bank Opens Branch in Hungary

China Construction Bank (CCB), the world’s second biggest bank by assets, opened a branch in Hungary.
Hungary's FinMin Criticises EC’s Approach to Erasmus Program, & US Inflation Reduction Act

Hungary's FinMin Criticises EC’s Approach to Erasmus Program, & US Inflation Reduction Act

Should negotiations with the Economic Commission fail, Hungary will bear the costs of the Erasmus student grant programme, Finance Minister Mihály Varga said on Tuesday in Brussels.
Wage Growth Slows To 9.7% in December in Hungary

Wage Growth Slows To 9.7% in December in Hungary

Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Shock Resistant Economy in Hungary, Claims IT Minister

Shock Resistant Economy in Hungary, Claims IT Minister

Hungary’s economy is “shock resistant” and though hit hard by the coronavirus crisis, it was among the first economies in Europe to return to pre-pandemic growth levels, the innovation and technology minister said in Salgótarján, in northern Hungary.
Minimum Wage Agreement Reached in Hungary

Minimum Wage Agreement Reached in Hungary

Employer organisations, unions and the government have reached an agreement on raising the monthly minimum wage to Ft 200,000 per month from Ft 167,400 and the minimum for skilled labour to Ft 260,000 from Ft 219,000 next year, the Innovation and Technology Ministry announced on Wednesday.
Hungarian Gov’t Offers Bigger Tax Cut in Minimum Wage Talks

Hungarian Gov’t Offers Bigger Tax Cut in Minimum Wage Talks

The government is ready to cut the small company tax from 11% to 10% in order to reach an agreement on increasing the minimum wage to Ft 200,000 per month, Innovation and Technology Minister László Palkovics said after negotiations on Wednesday.
Wage Growth at 10.1% in April

Wage Growth at 10.1% in April

Wage growth in Hungary increased by an annual 10.1% in April, picking up from 8.7% in the previous month, the Central Statistical Office (KSH) said.
Basic Income 'Unfair', Would Bring Chaos, Say Gov’t Official

Basic Income 'Unfair', Would Bring Chaos, Say Gov’t Official

Introducing the basic income with no strings attached would lead to an “unfair” situation and result in “chaos”, a government official has said, noting the government’s policy that anyone who wants to work should have access to a job.
'Largest Bank in World' the Industrial & Commercial Bank Of China Aims to Open Branch in Hungary

'Largest Bank in World' the Industrial & Commercial Bank Of China Aims to Open Branch in Hungary

Prime Minister Viktor Orbán met Chen Siqing, head of the board of directors of the Industrial and Commercial Bank of China, the largest bank in the world, for talks in Beijing.
China Construction Bank Opens Branch in Hungary

China Construction Bank Opens Branch in Hungary

China Construction Bank (CCB), the world’s second biggest bank by assets, opened a branch in Hungary.
Hungary's FinMin Criticises EC’s Approach to Erasmus Program, & US Inflation Reduction Act

Hungary's FinMin Criticises EC’s Approach to Erasmus Program, & US Inflation Reduction Act

Should negotiations with the Economic Commission fail, Hungary will bear the costs of the Erasmus student grant programme, Finance Minister Mihály Varga said on Tuesday in Brussels.
Wage Growth Slows To 9.7% in December in Hungary

Wage Growth Slows To 9.7% in December in Hungary

Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Shock Resistant Economy in Hungary, Claims IT Minister

Shock Resistant Economy in Hungary, Claims IT Minister

Hungary’s economy is “shock resistant” and though hit hard by the coronavirus crisis, it was among the first economies in Europe to return to pre-pandemic growth levels, the innovation and technology minister said in Salgótarján, in northern Hungary.
Minimum Wage Agreement Reached in Hungary

Minimum Wage Agreement Reached in Hungary

Employer organisations, unions and the government have reached an agreement on raising the monthly minimum wage to Ft 200,000 per month from Ft 167,400 and the minimum for skilled labour to Ft 260,000 from Ft 219,000 next year, the Innovation and Technology Ministry announced on Wednesday.
Hungarian Gov’t Offers Bigger Tax Cut in Minimum Wage Talks

Hungarian Gov’t Offers Bigger Tax Cut in Minimum Wage Talks

The government is ready to cut the small company tax from 11% to 10% in order to reach an agreement on increasing the minimum wage to Ft 200,000 per month, Innovation and Technology Minister László Palkovics said after negotiations on Wednesday.
Wage Growth at 10.1% in April

Wage Growth at 10.1% in April

Wage growth in Hungary increased by an annual 10.1% in April, picking up from 8.7% in the previous month, the Central Statistical Office (KSH) said.
Basic Income 'Unfair', Would Bring Chaos, Say Gov’t Official

Basic Income 'Unfair', Would Bring Chaos, Say Gov’t Official

Introducing the basic income with no strings attached would lead to an “unfair” situation and result in “chaos”, a government official has said, noting the government’s policy that anyone who wants to work should have access to a job.