840 result(s) for labour
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Xpat Opinion: Socialist Rally Fails To Attract Crowds On Labour Day
- 4 May 2016 9:00 AM
- current affairs
Pro-government Magyar Idők rejoices, while left-wing Népszava worries about the dismal attendance at the Socialist rally in Budapest on Labour Day.
Kósa Pledges New Rules On Sunday Labour In Sept
- 3 May 2016 9:00 AM
- shopping
The opportunity to draw up rules regulating Sunday working conditions will arise in September, the ruling Fidesz group leader said after talks with retail trade union KDFSZ on the need to set working conditions. Lajos Kósa said that the government was hamstrung by a plan by the opposition Socialists to seek a referendum in connection with Sunday shopping.
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Hungary Jobless Rate 6.0% In Jan-March
- 29 Apr 2016 9:00 AM
- business
Hungary’s average unemployment rate was 6.0% in January-March, down from 6.1% in the previous three-month period, the Central Statistical Office reported. The unemployment rate was down from 7.8% in the same period a year earlier. The number of unemployed averaged 272,800 in January-March.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Socialists Want Parliament To Guarantee No Change In Sunday Shopping Rules
- 19 Apr 2016 9:00 AM
- shopping
Hungary’s parliament should provide guarantees that it would not make substantive changes to rules governing retail activities on Sunday for three years, the head of the opposition Socialists said. József Tóbiás said that if a referendum had decided whether shops should be allowed to open on a Sunday, the resulting law could not be changed for three years.
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Xpat Opinion: Socialist Rally Fails To Attract Crowds On Labour Day
- 4 May 2016 9:00 AM
- current affairs
Pro-government Magyar Idők rejoices, while left-wing Népszava worries about the dismal attendance at the Socialist rally in Budapest on Labour Day.
Kósa Pledges New Rules On Sunday Labour In Sept
- 3 May 2016 9:00 AM
- shopping
The opportunity to draw up rules regulating Sunday working conditions will arise in September, the ruling Fidesz group leader said after talks with retail trade union KDFSZ on the need to set working conditions. Lajos Kósa said that the government was hamstrung by a plan by the opposition Socialists to seek a referendum in connection with Sunday shopping.
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Hungary Jobless Rate 6.0% In Jan-March
- 29 Apr 2016 9:00 AM
- business
Hungary’s average unemployment rate was 6.0% in January-March, down from 6.1% in the previous three-month period, the Central Statistical Office reported. The unemployment rate was down from 7.8% in the same period a year earlier. The number of unemployed averaged 272,800 in January-March.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Socialists Want Parliament To Guarantee No Change In Sunday Shopping Rules
- 19 Apr 2016 9:00 AM
- shopping
Hungary’s parliament should provide guarantees that it would not make substantive changes to rules governing retail activities on Sunday for three years, the head of the opposition Socialists said. József Tóbiás said that if a referendum had decided whether shops should be allowed to open on a Sunday, the resulting law could not be changed for three years.
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.