135 result(s) for pay cuts
2018 Budget Supports Labour-Based Society, Families, Security
- 4 May 2017 9:00 AM
- business
The 2018 budget supports the development of a labour-based society and families who want children, as well as Hungary’s security, the ruling Fidesz party’s group leader said.
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 Tax Revenue Reaches EUR 41.2bn In 2016
- 4 Jan 2017 7:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) collected 12,792 billion forints (EUR 41.2bn) in revenue last year, more than 30 billion forints over the target, state secretary for tax matters András Tállai said on Tuesday.
Radical Nationalist Jobbik Leader Vona: Year 2016 Unsuccessful For Hungary
- 22 Dec 2016 8:00 AM
- current affairs
The year 2016 has been a bad one for Hungary, radical nationalist Jobbik leader Gábor Vona said. The government has failed to solve any of the country’s serious problems, including improving health care and education, obliterating corruption or reversing the emigration of Hungarians, Vona told a press conference assessing 2016.
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.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
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.
2018 Budget Supports Labour-Based Society, Families, Security
- 4 May 2017 9:00 AM
- business
The 2018 budget supports the development of a labour-based society and families who want children, as well as Hungary’s security, the ruling Fidesz party’s group leader said.
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 Tax Revenue Reaches EUR 41.2bn In 2016
- 4 Jan 2017 7:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) collected 12,792 billion forints (EUR 41.2bn) in revenue last year, more than 30 billion forints over the target, state secretary for tax matters András Tállai said on Tuesday.
Radical Nationalist Jobbik Leader Vona: Year 2016 Unsuccessful For Hungary
- 22 Dec 2016 8:00 AM
- current affairs
The year 2016 has been a bad one for Hungary, radical nationalist Jobbik leader Gábor Vona said. The government has failed to solve any of the country’s serious problems, including improving health care and education, obliterating corruption or reversing the emigration of Hungarians, Vona told a press conference assessing 2016.
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.
Fidesz Election Ploy Will Drive SMEs Out Of Business, Warn Critics
- 29 Nov 2016 8:00 AM
- current affairs
“We are confronted by an election trick that could trigger a wave of significant wage increases that would cause real problems for those companies which employ people in the vicinity of minimum wage.” – András Vértes, president, GKI Economic Research Zrt.
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
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.