653 result(s) for low level
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.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
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 ...
Terror Alert Could Remain At Level 2 For One Or Two Weeks
- 25 Mar 2016 8:00 AM
- current affairs
On Thursday morning György Bakondi, Chief Security Advisor to the Prime Minister, told Hungarian television channel TV2 that the terror alert in Hungary will remain at Level 2 until the circumstances of the Brussels attacks and its potential further strands have been clarified.
Munapest Conference, ELTE, 22 - 26 March
- 24 Mar 2016 8:02 AM
- community & culture
MUNAPEST, the sole university-level MUN conference of Hungary, is taking place this week in the beautiful and historic building of the Faculty of Law of ELTE University. The simulation conference is hosted by the International Diplomatic Student Association.
S+P Affirms Hungary Rating; Outlook Still Stable
- 21 Mar 2016 8:00 AM
- business
Standard and Poor’s Ratings Services affirmed its ‘BB+/B’ long- and shortterm foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S+P said. Hungary’s government reiterated that it expects upgrades by at least two of the three big ratings agencies this year.
Spring Flood Warnings Issued For Budapest & Ten Other Hungarian Counties
- 2 Mar 2016 8:00 AM
- current affairs
More than 15-20 mm of rainfall is expected in the next few days in Hungary as rain hits the country, the Hungarian Meteorological Service reports. For today, a first-degree warning has been issued for the capital Budapest and ten other counties. According to the warning, over 30 millimetres of rain is expected to fall in the North Hungarian Mountains. The rain comes with wind, in many districts ...
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.
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.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
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 ...
Terror Alert Could Remain At Level 2 For One Or Two Weeks
- 25 Mar 2016 8:00 AM
- current affairs
On Thursday morning György Bakondi, Chief Security Advisor to the Prime Minister, told Hungarian television channel TV2 that the terror alert in Hungary will remain at Level 2 until the circumstances of the Brussels attacks and its potential further strands have been clarified.
Munapest Conference, ELTE, 22 - 26 March
- 24 Mar 2016 8:02 AM
- community & culture
MUNAPEST, the sole university-level MUN conference of Hungary, is taking place this week in the beautiful and historic building of the Faculty of Law of ELTE University. The simulation conference is hosted by the International Diplomatic Student Association.
S+P Affirms Hungary Rating; Outlook Still Stable
- 21 Mar 2016 8:00 AM
- business
Standard and Poor’s Ratings Services affirmed its ‘BB+/B’ long- and shortterm foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S+P said. Hungary’s government reiterated that it expects upgrades by at least two of the three big ratings agencies this year.
Spring Flood Warnings Issued For Budapest & Ten Other Hungarian Counties
- 2 Mar 2016 8:00 AM
- current affairs
More than 15-20 mm of rainfall is expected in the next few days in Hungary as rain hits the country, the Hungarian Meteorological Service reports. For today, a first-degree warning has been issued for the capital Budapest and ten other counties. According to the warning, over 30 millimetres of rain is expected to fall in the North Hungarian Mountains. The rain comes with wind, in many districts ...
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.