422 result(s) for pay raise
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.
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.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
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.
Budapest Through The Lens: 6 Films that Capture Hungarian History & Culture
- 23 Nov 2016 8:01 AM
- entertainment
By Andrew Davison: Budapest is an iconic city, with stunning architecture, a vibrant atmosphere and a storied history, so naturally, it’s a city that attracts filmmakers, both locally and from abroad. As Budapest lends itself to being dressed up as Paris, Berlin or even Buenos Aires, you’ll find its familiar streets disguised in dozens of modern movies.
Bread Prices Likely To Spike
- 23 Nov 2016 8:00 AM
- shopping
With salaries needing to be raised in the industry in order to keep hold of workers, the price of bread could be hiked by 30% as of January, Hungarian daily Magyar Hírlap reported, according to index.hu.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Budapest Mayor: No Money For Metro 3 Stations Unless Funding Raised
- 14 Oct 2016 9:04 AM
- getting around
The Budapest Municipal Council will not have enough money to upgrade the stations on the third metro line unless the budget for the revamp is raised from central coffers, Budapest Mayor István Tarlós said on Friday. If the budget for the project remains “capped” at the current 140 billion forints (EUR 458.3m), plans to upgrade the stops will have to be abandoned, Tarlós told a press conference.
Referendum Seen Having ‘Little Impact’ On Markets
- 30 Sep 2016 9:00 AM
- current affairs
In terms of economic implications, pundits see little impact from the outcome of Hungary’s referendum on the EU’s refugee quota plan, set for Sunday. However, while the government expects the referendum to send a “clear message to Brussels,” analysts see it as a very strong majority rejection of EU refugee settlement policy.
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.
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.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
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.
Budapest Through The Lens: 6 Films that Capture Hungarian History & Culture
- 23 Nov 2016 8:01 AM
- entertainment
By Andrew Davison: Budapest is an iconic city, with stunning architecture, a vibrant atmosphere and a storied history, so naturally, it’s a city that attracts filmmakers, both locally and from abroad. As Budapest lends itself to being dressed up as Paris, Berlin or even Buenos Aires, you’ll find its familiar streets disguised in dozens of modern movies.
Bread Prices Likely To Spike
- 23 Nov 2016 8:00 AM
- shopping
With salaries needing to be raised in the industry in order to keep hold of workers, the price of bread could be hiked by 30% as of January, Hungarian daily Magyar Hírlap reported, according to index.hu.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Budapest Mayor: No Money For Metro 3 Stations Unless Funding Raised
- 14 Oct 2016 9:04 AM
- getting around
The Budapest Municipal Council will not have enough money to upgrade the stations on the third metro line unless the budget for the revamp is raised from central coffers, Budapest Mayor István Tarlós said on Friday. If the budget for the project remains “capped” at the current 140 billion forints (EUR 458.3m), plans to upgrade the stops will have to be abandoned, Tarlós told a press conference.
Referendum Seen Having ‘Little Impact’ On Markets
- 30 Sep 2016 9:00 AM
- current affairs
In terms of economic implications, pundits see little impact from the outcome of Hungary’s referendum on the EU’s refugee quota plan, set for Sunday. However, while the government expects the referendum to send a “clear message to Brussels,” analysts see it as a very strong majority rejection of EU refugee settlement policy.


















