137 result(s) for pay cuts
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.
Govt To Complete HUF 2.5 Tn Road Upgrades By 2022
- 16 Sep 2016 9:00 AM
- getting around
The government has approved 2.5 trillion forints (EUR 8bn) worth of public road upgrades in Hungary to be completed by 2022, government office chief János Lázár said on Thursday. Under the cabinet’s Wednesday decision, 81 major roads will be upgraded and some 1,000 kilometres of dual carriageways will be built, with financing from national and European Union sources, Lázár said.
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.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.
Govt To Complete HUF 2.5 Tn Road Upgrades By 2022
- 16 Sep 2016 9:00 AM
- getting around
The government has approved 2.5 trillion forints (EUR 8bn) worth of public road upgrades in Hungary to be completed by 2022, government office chief János Lázár said on Thursday. Under the cabinet’s Wednesday decision, 81 major roads will be upgraded and some 1,000 kilometres of dual carriageways will be built, with financing from national and European Union sources, Lázár said.
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.