137 result(s) for pay cuts
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.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Rogán: “We Must Defend” Utility Bill Cuts In Hungary
- 5 Feb 2015 2:00 AM
- current affairs
Ruling Fidesz parliamentary group leader Antal Rogán outlined top priorities for the government in interviews to public television and radio, declaring the defence of low household utility bills and improving the standard of living of wage and salary earners among them.
Hungary's MTVA To Axe Another 177 Jobs
- 9 Jan 2015 8:00 AM
- current affairs
State media manager MTVA yesterday announced that 177 employees will be dismissed in the first half of 2015, citing economic rationalisation, cuts in payroll costs and a rationalisation of operations. Those affected will be 146 staff members in Budapest and 31 in Pécs and Szeged.
Electricity, Gas In Hungary Second Cheapest In Europe
- 4 Dec 2014 8:00 AM
- shopping
Hungarian families now pay the second lowest prices for gas and electricity in the European Union, János Fónagy, state secretary at the development ministry, said. Fónagy said that the government’s utility cuts programme, launched in January last year, has so far left 334 billion forints (EUR 1.1bn) with families.
Photo Article: Budapest's Best Markets
- 20 Nov 2014 1:54 AM
- shopping
By We Love Budapest : Markets are a cavalcade of people, flavours, smells and sounds. Budapest's markets offer a wide range of fresh vegetables, fruit, meat and flowers. You'll also find specialty produce like cold cuts, cheese, bread and honey. We've explored this city's markets to find the best one for you!
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.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Rogán: “We Must Defend” Utility Bill Cuts In Hungary
- 5 Feb 2015 2:00 AM
- current affairs
Ruling Fidesz parliamentary group leader Antal Rogán outlined top priorities for the government in interviews to public television and radio, declaring the defence of low household utility bills and improving the standard of living of wage and salary earners among them.
Hungary's MTVA To Axe Another 177 Jobs
- 9 Jan 2015 8:00 AM
- current affairs
State media manager MTVA yesterday announced that 177 employees will be dismissed in the first half of 2015, citing economic rationalisation, cuts in payroll costs and a rationalisation of operations. Those affected will be 146 staff members in Budapest and 31 in Pécs and Szeged.
Electricity, Gas In Hungary Second Cheapest In Europe
- 4 Dec 2014 8:00 AM
- shopping
Hungarian families now pay the second lowest prices for gas and electricity in the European Union, János Fónagy, state secretary at the development ministry, said. Fónagy said that the government’s utility cuts programme, launched in January last year, has so far left 334 billion forints (EUR 1.1bn) with families.
Photo Article: Budapest's Best Markets
- 20 Nov 2014 1:54 AM
- shopping
By We Love Budapest : Markets are a cavalcade of people, flavours, smells and sounds. Budapest's markets offer a wide range of fresh vegetables, fruit, meat and flowers. You'll also find specialty produce like cold cuts, cheese, bread and honey. We've explored this city's markets to find the best one for you!


















