395 result(s) for pay in Business
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
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.
ICSID Orders Hungary To Pay EUR 23 Million In Damages To French Company For Violating EU Law
- 20 Dec 2016 9:31 AM
- business
The World Bank’s International Centre for the Settlement of Investment Disputes has ordered Hungary to pay EUR 23 million (more than HUF 7 billion) in damages to the French voucher company Edenred for the unlawful reorganization of the Hungarian food voucher market in 2012, a violation of EU law, reports globenewswire.com.
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.
Bill To Provide ‘Last Chance’ To Declare Foreign Bank Accounts
- 13 Dec 2016 9:00 AM
- business
The government submitted to parliament a package of amendment proposals under which owners of bank accounts in other countries would be granted a “last chance” to declare deposits outside Hungary.
Strong EU Crucial For Hungary’s Success
- 12 Dec 2016 1:14 PM
- hungarymatters.hu
- business
Hungary’s hopes lie in a strong European Union, as the country can only be successful in a strong EU, Hungarian Foreign Minister Péter Szijjártó said in an interview published in the Saturday issue of Austrian daily Die Presse. But in order for the EU to be strong, it must regain its competitiveness, be capable of protecting itself and leave behind political correctness, Szijjártó said.
Hungary’s Grey Economy Shrinking, Says Nézőpont
- 3 Dec 2016 7:15 AM
- business
Hungary’s grey economy has been shrinking over the past 13 years to total about 6.5-7 billion forints (EUR 21-22m) last year, Sámuel Ágoston Mráz, chief executive of the Nézőpont Institute, said, citing fresh data. In 2003 the size of the grey economy was estimated at 25% of gross domestic product (GDP) and this fell to 23.3% in 2010 and 21.9% in 2015, he said.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
MNB Again Warns About Cryptocurrency Risks
- 22 Dec 2016 10:00 AM
- business
The National Bank of Hungary (MNB) is “once again” warning consumers that using virtual currencies, or so-called cryptocurrencies, has many risks, the central bank said in a public announcement today, after having received numerous complaints from users of such payment methods.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
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.
ICSID Orders Hungary To Pay EUR 23 Million In Damages To French Company For Violating EU Law
- 20 Dec 2016 9:31 AM
- business
The World Bank’s International Centre for the Settlement of Investment Disputes has ordered Hungary to pay EUR 23 million (more than HUF 7 billion) in damages to the French voucher company Edenred for the unlawful reorganization of the Hungarian food voucher market in 2012, a violation of EU law, reports globenewswire.com.
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.
Bill To Provide ‘Last Chance’ To Declare Foreign Bank Accounts
- 13 Dec 2016 9:00 AM
- business
The government submitted to parliament a package of amendment proposals under which owners of bank accounts in other countries would be granted a “last chance” to declare deposits outside Hungary.
Strong EU Crucial For Hungary’s Success
- 12 Dec 2016 1:14 PM
- hungarymatters.hu
- business
Hungary’s hopes lie in a strong European Union, as the country can only be successful in a strong EU, Hungarian Foreign Minister Péter Szijjártó said in an interview published in the Saturday issue of Austrian daily Die Presse. But in order for the EU to be strong, it must regain its competitiveness, be capable of protecting itself and leave behind political correctness, Szijjártó said.
Hungary’s Grey Economy Shrinking, Says Nézőpont
- 3 Dec 2016 7:15 AM
- business
Hungary’s grey economy has been shrinking over the past 13 years to total about 6.5-7 billion forints (EUR 21-22m) last year, Sámuel Ágoston Mráz, chief executive of the Nézőpont Institute, said, citing fresh data. In 2003 the size of the grey economy was estimated at 25% of gross domestic product (GDP) and this fell to 23.3% in 2010 and 21.9% in 2015, he said.