134 result(s) for pay cuts
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Retail Turnover Rebounds After Sunday Shopping Restrictions Lifted
- 3 Aug 2016 9:00 AM
- shopping
Large retailers have recovered from the drop in revenue caused by Sunday shopping restrictions, the daily Magyar Nemzet said on Wednesday. Since the restrictions were lifted in April, turnover has rebounded. Retail chain Spar told the paper that 9 percent of revenue is generated on Sundays.
Tóbiás: 2017 Pension Rise ‘Humiliating, Unfair’
- 3 Jun 2016 9:00 AM
- current affairs
Socialist Party leader József Tóbiás called the government’s planned 0.9% pension rise for next year “humiliating” and “unfair”. He said next year’s pension plan, which would increase pensions by an average of 1,000 forints (EUR 3.19), indicated that the government has “given up” on pensioners. Meanwhile, the government plans to raise the salaries of state-owned company executives and the central ...
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Hungarian Govt To Scale Back Bureaucracy
- 6 Feb 2016 5:58 AM
- current affairs
A decision on the fate of 73 state institutions that support Hungary’s ministries will be taken by mid-year, government office chief János Lázár said in an interview with MTI. At a regular press briefing a week earlier, Lázár announced a review of the institutions and said some could be eliminated or merged into the ministries that oversee them.
Hungary Has Second Lowest Gas Prices In EU
- 2 Jul 2015 12:35 PM
- shopping
Thanks to government mandated cuts to utility fees, Hungary has the second lowest price of natural gas in the European Union based on purchasing power parity (PPP), Fidesz MP Szilárd Németh told a press conference in Budapest. Whereas in 2010 Hungary was the country where consumers had to pay the most for gas in the EU, now only Romania has lower gas prices, based on PPP exchange rates.
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
Hungarian Gov’t Comes To The Rescue Of Styl
- 15 Apr 2015 9:00 AM
- business
The government will offer a Ft 4.5 billion subsidy to save the clothing manufacturer Styl Ruhagyár in Szombathely, Vas County, Napi Gazdaság reports, citing the agenda of the city council, which will vote on the matter on Thursday. The court ordered the liquidation of the company in 2005 after it failed to pay a $6,000 invoice.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Retail Turnover Rebounds After Sunday Shopping Restrictions Lifted
- 3 Aug 2016 9:00 AM
- shopping
Large retailers have recovered from the drop in revenue caused by Sunday shopping restrictions, the daily Magyar Nemzet said on Wednesday. Since the restrictions were lifted in April, turnover has rebounded. Retail chain Spar told the paper that 9 percent of revenue is generated on Sundays.
Tóbiás: 2017 Pension Rise ‘Humiliating, Unfair’
- 3 Jun 2016 9:00 AM
- current affairs
Socialist Party leader József Tóbiás called the government’s planned 0.9% pension rise for next year “humiliating” and “unfair”. He said next year’s pension plan, which would increase pensions by an average of 1,000 forints (EUR 3.19), indicated that the government has “given up” on pensioners. Meanwhile, the government plans to raise the salaries of state-owned company executives and the central ...
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Hungarian Govt To Scale Back Bureaucracy
- 6 Feb 2016 5:58 AM
- current affairs
A decision on the fate of 73 state institutions that support Hungary’s ministries will be taken by mid-year, government office chief János Lázár said in an interview with MTI. At a regular press briefing a week earlier, Lázár announced a review of the institutions and said some could be eliminated or merged into the ministries that oversee them.
Hungary Has Second Lowest Gas Prices In EU
- 2 Jul 2015 12:35 PM
- shopping
Thanks to government mandated cuts to utility fees, Hungary has the second lowest price of natural gas in the European Union based on purchasing power parity (PPP), Fidesz MP Szilárd Németh told a press conference in Budapest. Whereas in 2010 Hungary was the country where consumers had to pay the most for gas in the EU, now only Romania has lower gas prices, based on PPP exchange rates.
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
Hungarian Gov’t Comes To The Rescue Of Styl
- 15 Apr 2015 9:00 AM
- business
The government will offer a Ft 4.5 billion subsidy to save the clothing manufacturer Styl Ruhagyár in Szombathely, Vas County, Napi Gazdaság reports, citing the agenda of the city council, which will vote on the matter on Thursday. The court ordered the liquidation of the company in 2005 after it failed to pay a $6,000 invoice.