47 result(s) for minimum wage agreement
Hungary’s Budget Runs EUR 3.2bn Deficit At The End Of August
- 7 Sep 2017 4:00 AM
- business
Hungary’s cash flow-based budget deficit, excluding local councils, was at 979.9 billion forints (EUR 3.2bn) at the end of August, preliminary data released by the Economy Ministry on Thursday show. The deficit reached 84 percent of the 1,166.4 billion forint full-year target.
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).
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.
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.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
OECD Acknowledges Hungary Reforms, Makes Further Recommendations
- 20 Mar 2017 6:00 AM
- current affairs
The OECD acknowledged structural reforms Hungary’s government has undertaken over the past two years in a report on Friday, but said there is still room to reduce bureaucracy for businesses, improve competition in the service sector and reduce the tax wedge on wages.
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Hungary’s Budget Runs EUR 3.2bn Deficit At The End Of August
- 7 Sep 2017 4:00 AM
- business
Hungary’s cash flow-based budget deficit, excluding local councils, was at 979.9 billion forints (EUR 3.2bn) at the end of August, preliminary data released by the Economy Ministry on Thursday show. The deficit reached 84 percent of the 1,166.4 billion forint full-year target.
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).
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.
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.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
OECD Acknowledges Hungary Reforms, Makes Further Recommendations
- 20 Mar 2017 6:00 AM
- current affairs
The OECD acknowledged structural reforms Hungary’s government has undertaken over the past two years in a report on Friday, but said there is still room to reduce bureaucracy for businesses, improve competition in the service sector and reduce the tax wedge on wages.
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.

















