840 result(s) for labour
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Retailers Prepare For Strong Year-End
- 17 Nov 2016 8:00 AM
- shopping
Retail sales in December could surpass Ft 1 trillion in turnover, Ft 50 billion more than in the same month of 2015, according to a forecast by retail association OKSZ.
Hungarians Work 32.6 Years On Average
- 15 Nov 2016 8:00 AM
- business
Hungarians work 32.6 years on average, data compiled by Eurostat show. Hungary’s “duration of working life”, which measures the number of years a person aged 15 is expected to be active, either employed or unemployed, in the labour market throughout his or her life, was under the 35.4-year European Union average, but up from 28.4 years a decade earlier. Hungarian men are expected to work 34.9 ...
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Varga: Hungarian Govt, EC See Eye To Eye On Economy
- 11 Nov 2016 8:00 AM
- business
The Hungarian government and the European Commission see the situation of the Hungarian economy in a similar light, Economy Minister Mihály Varga said after meeting Valdis Dombrovskis, the deputy commissioner for the euro and social dialogue, in Budapest.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Retailers Prepare For Strong Year-End
- 17 Nov 2016 8:00 AM
- shopping
Retail sales in December could surpass Ft 1 trillion in turnover, Ft 50 billion more than in the same month of 2015, according to a forecast by retail association OKSZ.
Hungarians Work 32.6 Years On Average
- 15 Nov 2016 8:00 AM
- business
Hungarians work 32.6 years on average, data compiled by Eurostat show. Hungary’s “duration of working life”, which measures the number of years a person aged 15 is expected to be active, either employed or unemployed, in the labour market throughout his or her life, was under the 35.4-year European Union average, but up from 28.4 years a decade earlier. Hungarian men are expected to work 34.9 ...
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Varga: Hungarian Govt, EC See Eye To Eye On Economy
- 11 Nov 2016 8:00 AM
- business
The Hungarian government and the European Commission see the situation of the Hungarian economy in a similar light, Economy Minister Mihály Varga said after meeting Valdis Dombrovskis, the deputy commissioner for the euro and social dialogue, in Budapest.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.