258 result(s) for minimum wage
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Hungary Gross Wages Climb 14.4% In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by an annual 14.4% to 297,251 forints (EUR 976) in June, the Central Statistical Office (KSH) said.Net wages grew at the same pace as gross wages did to reach 197,672 forints.
Net Average Wage In Hungary Reaches EUR 649 In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by annual 14.4 percent to 297,251 (EUR 976) forints in June, the Central Statistics Office (KSH) said on Tuesday. Net wages grew at the same pace as gross wages did to reach 197,672 forints (EUR 649).
Retail Sales Growth Accelerates To 6% In May
- 25 Jul 2017 8:20 AM
- shopping
Retail sales in Hungary climbed an annual 6% in May, the Central Statistical Office (KSH) said in a second reading of data. Retail sales rose by 5.5% when adjusted for calendar year effects. The pace of retail sales growth accelerated from an unadjusted and adjusted 3.2% and 1.8%, respectively, in April. Retail sales growth in May was highest since June 2016.
Gross Wages Up 12.9% In May
- 21 Jul 2017 8:48 AM
- business
The average gross monthly wage in Hungary rose by an annual 12.9% to 296,100 forints (EUR 968) in May, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages did, also climbing by 12.9% to 196,900 forints.
Employers Evade Minimum Wage Laws
- 22 Jun 2017 8:14 AM
- business
Employers faced with rising wage costs have found a way to circumvent legal obligations by employing more part-time people, Világgazdaság writes.
LMP Blames Government For ‘Opening Gap’ With Region
- 22 Jun 2017 8:00 AM
- business
The opposition LMP party has blamed the government for Hungarian living standards falling behind other countries in the region. Erzsébet Schmuck, LMP’s deputy group leader, cited Eurostat figures at a press conference held on Tuesday, saying that Hungary’s consumption stood at 63 percent of the European Union average.
Orbán: Border Fence Will Stand As Long As I Am PM
- 13 Jun 2017 8:36 AM
- current affairs
Prime Minister Viktor Orbán has promised that the border fence along Hungary’s southern border would stand as long as he is the prime minister. Addressing parliament, Orbán said that as long as Fidesz and the Christian Democrats governed Hungary, the government will not yield to Brussels’ “blackmails” and will refuse to accept mandatory migrant quotas.
Is Demand For Hungarian Workers Abroad Likely To Futher Increase?
- 23 May 2017 8:30 AM
- business
Demand for Hungarian workers abroad is likely to futher increase and it is therefore important to continue wage increases in Hungary in order to prevent the emigration of workers, the head of the chamber of industry and commerce said in Friday’s daily Magyar Idők. László Parragh said wages for skilled workers should be increased by around 20 percent and the government should further cut taxes.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
Hungary Gross Wages Climb 14.4% In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by an annual 14.4% to 297,251 forints (EUR 976) in June, the Central Statistical Office (KSH) said.Net wages grew at the same pace as gross wages did to reach 197,672 forints.
Net Average Wage In Hungary Reaches EUR 649 In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by annual 14.4 percent to 297,251 (EUR 976) forints in June, the Central Statistics Office (KSH) said on Tuesday. Net wages grew at the same pace as gross wages did to reach 197,672 forints (EUR 649).
Retail Sales Growth Accelerates To 6% In May
- 25 Jul 2017 8:20 AM
- shopping
Retail sales in Hungary climbed an annual 6% in May, the Central Statistical Office (KSH) said in a second reading of data. Retail sales rose by 5.5% when adjusted for calendar year effects. The pace of retail sales growth accelerated from an unadjusted and adjusted 3.2% and 1.8%, respectively, in April. Retail sales growth in May was highest since June 2016.
Gross Wages Up 12.9% In May
- 21 Jul 2017 8:48 AM
- business
The average gross monthly wage in Hungary rose by an annual 12.9% to 296,100 forints (EUR 968) in May, the Central Statistical Office (KSH) said. Net wages grew at the same pace as gross wages did, also climbing by 12.9% to 196,900 forints.
Employers Evade Minimum Wage Laws
- 22 Jun 2017 8:14 AM
- business
Employers faced with rising wage costs have found a way to circumvent legal obligations by employing more part-time people, Világgazdaság writes.
LMP Blames Government For ‘Opening Gap’ With Region
- 22 Jun 2017 8:00 AM
- business
The opposition LMP party has blamed the government for Hungarian living standards falling behind other countries in the region. Erzsébet Schmuck, LMP’s deputy group leader, cited Eurostat figures at a press conference held on Tuesday, saying that Hungary’s consumption stood at 63 percent of the European Union average.
Orbán: Border Fence Will Stand As Long As I Am PM
- 13 Jun 2017 8:36 AM
- current affairs
Prime Minister Viktor Orbán has promised that the border fence along Hungary’s southern border would stand as long as he is the prime minister. Addressing parliament, Orbán said that as long as Fidesz and the Christian Democrats governed Hungary, the government will not yield to Brussels’ “blackmails” and will refuse to accept mandatory migrant quotas.
Is Demand For Hungarian Workers Abroad Likely To Futher Increase?
- 23 May 2017 8:30 AM
- business
Demand for Hungarian workers abroad is likely to futher increase and it is therefore important to continue wage increases in Hungary in order to prevent the emigration of workers, the head of the chamber of industry and commerce said in Friday’s daily Magyar Idők. László Parragh said wages for skilled workers should be increased by around 20 percent and the government should further cut taxes.