72 result(s) for minimum wage agreement
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 Retail Sales Up 4.7 pc In Nov 2016
- 9 Jan 2017 8:00 AM
- shopping
Retail sales in Hungary increased by 4.7 percent in November 2016 from the same month a year earlier, up from the final 2.6 percent figure in October, preliminary data released by the Central Statistical Office (KSH) on Friday show. Retail sales also rose by an annual 4.7 percent when adjusted for calendar-year effects.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
National Bank Of Hungary Raises Projections For Household Consumption, Investments
- 23 Dec 2016 8:00 AM
- business
The National Bank of Hungary (NBH) raised markedly its projections for both household consumption and investments next year in a quarterly report released on Thursday.
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.
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
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 Retail Sales Up 4.7 pc In Nov 2016
- 9 Jan 2017 8:00 AM
- shopping
Retail sales in Hungary increased by 4.7 percent in November 2016 from the same month a year earlier, up from the final 2.6 percent figure in October, preliminary data released by the Central Statistical Office (KSH) on Friday show. Retail sales also rose by an annual 4.7 percent when adjusted for calendar-year effects.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
National Bank Of Hungary Raises Projections For Household Consumption, Investments
- 23 Dec 2016 8:00 AM
- business
The National Bank of Hungary (NBH) raised markedly its projections for both household consumption and investments next year in a quarterly report released on Thursday.
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.
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.