170 result(s) for labour bill
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 ...
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
Hungarian Government Regards Quota System As Grossly Mistaken
- 25 Sep 2015 9:00 AM
- current affairs
The Government will initiate a parliamentary debate on the quota system in order to acquaint itself with the views of the parliamentary parties on the matter before deciding whether to contest the EU quota decision before a court, János Lázár, the Minister heading the Prime Minister’s Office stated at his press conference “Governmentinfo 24 – What does the Government do and why?” held jointly ...
Budget May Be Amended To Reflect Hungary’s Cost Of Migration Measures
- 15 Sep 2015 9:00 AM
- business
If the migration crisis is sustained it may be necessary to amend the budget, though for the time being measures can be paid for by making internal budget transfers, the economy minister said. Mihály Varga told public service news website hirado. hu that the government had spent almost 30 billion forints (EUR 96m) on fortifying the Serbian-Hungarian border. In addition are extra costs related to ...
Hungarian Government To Discuss Declaring State Of Emergency
- 12 Sep 2015 6:00 AM
- current affairs
At his press conference on Thursday (“Government Info 22 – Government actions explained”) the Minister of the Prime Minister’s Office János Lázár said that the Government utterly rejects any proposal for the setting up of a refugee camp in Hungary under the supervision and control of the European Commission. The Government is unable to accept edicts, he said.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
Rights Orgs Warn Of Distortion Of Immigration Issue In Hungary
- 20 Feb 2015 8:00 AM
- current affairs
The Hungarian Helsinki Committee and five civil organisations have warned of the dangers of "intentionally distorting" information on immigration ahead a parliamentary day of debate devoted to the topic. In an open letter sent to MTI, they said “the government practice” of using immigrants "to generate fear and create scapegoats" is dangerous.
OECD Report On Hungarian Economic Policy Reforms
- 10 Feb 2015 8:00 AM
- business
Going for Growth, an annual study of the Organization for Economic Co-operation and Development (OECD), provides an analysis of the reforms put in place by each member country – among them Hungary – from the aspect of economic growth.
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 ...
Hungary Not At Risk, Says EBRD
- 21 Dec 2015 8:00 AM
- business
The European Bank for Reconstruction and Development has said that there is no risk in connection with Hungary as far as the bank is concerned, the daily Magyar Hírlap said. The bank has so far invested 2.7 billion euros in 170 projects in the country, Antal Nikoletti, member of the board representing Hungary at the London-based credit institution, noted. EBRD investments in Hungary are expected ...
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
Hungarian Government Regards Quota System As Grossly Mistaken
- 25 Sep 2015 9:00 AM
- current affairs
The Government will initiate a parliamentary debate on the quota system in order to acquaint itself with the views of the parliamentary parties on the matter before deciding whether to contest the EU quota decision before a court, János Lázár, the Minister heading the Prime Minister’s Office stated at his press conference “Governmentinfo 24 – What does the Government do and why?” held jointly ...
Budget May Be Amended To Reflect Hungary’s Cost Of Migration Measures
- 15 Sep 2015 9:00 AM
- business
If the migration crisis is sustained it may be necessary to amend the budget, though for the time being measures can be paid for by making internal budget transfers, the economy minister said. Mihály Varga told public service news website hirado. hu that the government had spent almost 30 billion forints (EUR 96m) on fortifying the Serbian-Hungarian border. In addition are extra costs related to ...
Hungarian Government To Discuss Declaring State Of Emergency
- 12 Sep 2015 6:00 AM
- current affairs
At his press conference on Thursday (“Government Info 22 – Government actions explained”) the Minister of the Prime Minister’s Office János Lázár said that the Government utterly rejects any proposal for the setting up of a refugee camp in Hungary under the supervision and control of the European Commission. The Government is unable to accept edicts, he said.
Whitening Economy Increases Revenues To Central Budget
- 12 Mar 2015 2:00 AM
- business
In 2014, tax revenues to Hungary’s central budget were 650 billion forints (EUR 1.99bn) up compared to the previous year, national daily Magyar Nemzet said. The paper quoted the economy ministry as saying that higher tax revenues were the result of a shrinking grey economy.
Rights Orgs Warn Of Distortion Of Immigration Issue In Hungary
- 20 Feb 2015 8:00 AM
- current affairs
The Hungarian Helsinki Committee and five civil organisations have warned of the dangers of "intentionally distorting" information on immigration ahead a parliamentary day of debate devoted to the topic. In an open letter sent to MTI, they said “the government practice” of using immigrants "to generate fear and create scapegoats" is dangerous.
OECD Report On Hungarian Economic Policy Reforms
- 10 Feb 2015 8:00 AM
- business
Going for Growth, an annual study of the Organization for Economic Co-operation and Development (OECD), provides an analysis of the reforms put in place by each member country – among them Hungary – from the aspect of economic growth.


















