222 result(s) for measures in Business
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Govt To Focus On Boosting Mobility, Training To Tackle Labour Shortage
- 2 Dec 2016 6:06 AM
- business
In efforts to alleviate labour shortages, the government plans to boost regional mobility and training, an economy ministry official said at a forum organised by the Budapest Chamber of Commerce and Industry and National Trade Association. Péter Cseresnyés, state secretary for labour and training, said that Hungary’s labour market was characterised by both unemployment and a labour shortage.
Central Europe Can Become Engine Of European Growth
- 30 Nov 2016 7:34 AM
- business
Budapest and Warsaw are in agreement that central Europe can become the engine of European growth, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said after meeting his Polish counterpart Witold Waszczykowski. He said they had both agreed that Visegrad Group cooperation should be intensified, given changes taking place around the world, such as in US foreign policy and Brexit.
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.
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 ...
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%.
Xpat Opinion: Fears Over Russian Economic Expansion Dismissed
- 2 Nov 2016 8:00 AM
- business
An economist rejects the claims of a recent CSIS report, according to which Russia has been restoring its economic and political leverage in Central and Eastern Europe.
Jobless Rate 4.9% In July-September
- 28 Oct 2016 9:00 AM
- business
Hungary’s rolling average three-month jobless rate reached 4.9% in July- September, the Central Statistical Office (KSH) reported. The rate, which covers unemployment among 15 to 74-yearolds, was level with that in June-August but fell from 6.4% in the same period a year earlier.
Fidesz Lawmakers Authorise PM To Sign CETA
- 5 Oct 2016 9:00 AM
- business
Lajos Kósa, the head of Fidesz’s parliamentary group, said Fidesz lawmakers authorised the prime minister to give Hungary’s consent to the start of talks on an EU-Canada free trade deal. Kósa said that no temporary measures would take effect under the CETA deal which would require Hungary’s authorisation.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
Govt To Focus On Boosting Mobility, Training To Tackle Labour Shortage
- 2 Dec 2016 6:06 AM
- business
In efforts to alleviate labour shortages, the government plans to boost regional mobility and training, an economy ministry official said at a forum organised by the Budapest Chamber of Commerce and Industry and National Trade Association. Péter Cseresnyés, state secretary for labour and training, said that Hungary’s labour market was characterised by both unemployment and a labour shortage.
Central Europe Can Become Engine Of European Growth
- 30 Nov 2016 7:34 AM
- business
Budapest and Warsaw are in agreement that central Europe can become the engine of European growth, Péter Szijjártó, Hungary’s minister of foreign affairs and trade, said after meeting his Polish counterpart Witold Waszczykowski. He said they had both agreed that Visegrad Group cooperation should be intensified, given changes taking place around the world, such as in US foreign policy and Brexit.
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.
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 ...
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%.
Xpat Opinion: Fears Over Russian Economic Expansion Dismissed
- 2 Nov 2016 8:00 AM
- business
An economist rejects the claims of a recent CSIS report, according to which Russia has been restoring its economic and political leverage in Central and Eastern Europe.
Jobless Rate 4.9% In July-September
- 28 Oct 2016 9:00 AM
- business
Hungary’s rolling average three-month jobless rate reached 4.9% in July- September, the Central Statistical Office (KSH) reported. The rate, which covers unemployment among 15 to 74-yearolds, was level with that in June-August but fell from 6.4% in the same period a year earlier.
Fidesz Lawmakers Authorise PM To Sign CETA
- 5 Oct 2016 9:00 AM
- business
Lajos Kósa, the head of Fidesz’s parliamentary group, said Fidesz lawmakers authorised the prime minister to give Hungary’s consent to the start of talks on an EU-Canada free trade deal. Kósa said that no temporary measures would take effect under the CETA deal which would require Hungary’s authorisation.