286 result(s) for pay rise
Budapest Transport Workers To Receive Average 15% Wage Hike
- 2 May 2017 7:00 AM
- getting around
Budapest’s public transport company BKV will grant its employees a wage hike of average 15% under an agreement reached by the management and trade unions on Friday, Budapest Mayor István Tarlós announced. According to the mayor, basic salaries will be increased by 10%, by at least monthly 28,000 forints each.
Gross Wages Climb 10.7% In February
- 21 Apr 2017 7:00 AM
- business
The average gross wage in Hungary rose by 10.7% year-on-year to 274,800 forints (EUR 848) in February, the Central Statistical Office (KSH) said. Net wages grew at the same rate as gross wages, also climbing by 10.7% to 182,700 forints (EUR 582.9).
Video: Holocaust Memorial Day Commemorated In Budapest
- 20 Apr 2017 7:00 AM
- current affairs
A commemoration was held in the Budapest Holocaust Memorial Centre on Wednesday to pay tribute to Hungarian Holocaust victims. There have been a great number of disasters in the history of mankind which have claimed millions of lives. But man’s brutality during the Holocaust was beyond any measure experienced in any natural disaster or epidemic before, Defence Minister István Simicskó said.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
Parties Respond To PM’s Opening Address
- 21 Feb 2017 6:00 AM
- current affairs
Party leaders responded on Monday to the prime minister’s speech opening the spring session of parliament, with ruling Fidesz’s parliamentary chief focusing on Viktor Orbán’s upbeat message on the economy while the opposition leaders insisted the government had failed to address problems in the country’s public services.
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 Retail Sales Up 4.7 pc In Nov 2016
- 9 Jan 2017 8:00 AM
- shopping
Retail sales in Hungary increased by 4.7 percent in November 2016 from the same month a year earlier, up from the final 2.6 percent figure in October, preliminary data released by the Central Statistical Office (KSH) on Friday show. Retail sales also rose by an annual 4.7 percent when adjusted for calendar-year effects.
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).
Budapest Transport Workers To Receive Average 15% Wage Hike
- 2 May 2017 7:00 AM
- getting around
Budapest’s public transport company BKV will grant its employees a wage hike of average 15% under an agreement reached by the management and trade unions on Friday, Budapest Mayor István Tarlós announced. According to the mayor, basic salaries will be increased by 10%, by at least monthly 28,000 forints each.
Gross Wages Climb 10.7% In February
- 21 Apr 2017 7:00 AM
- business
The average gross wage in Hungary rose by 10.7% year-on-year to 274,800 forints (EUR 848) in February, the Central Statistical Office (KSH) said. Net wages grew at the same rate as gross wages, also climbing by 10.7% to 182,700 forints (EUR 582.9).
Video: Holocaust Memorial Day Commemorated In Budapest
- 20 Apr 2017 7:00 AM
- current affairs
A commemoration was held in the Budapest Holocaust Memorial Centre on Wednesday to pay tribute to Hungarian Holocaust victims. There have been a great number of disasters in the history of mankind which have claimed millions of lives. But man’s brutality during the Holocaust was beyond any measure experienced in any natural disaster or epidemic before, Defence Minister István Simicskó said.
Boosting Economy Key To Higher Wages
- 11 Apr 2017 7:00 AM
- business
Brussels has no means to close the wage gap between Hungary and the rest of the European Union, Fidesz lawmaker Erik Bánki told a news conference ahead of a parliamentary debate of a proposal by the radical nationalist Jobbik party to bump up wages to the EU average.
Parties Respond To PM’s Opening Address
- 21 Feb 2017 6:00 AM
- current affairs
Party leaders responded on Monday to the prime minister’s speech opening the spring session of parliament, with ruling Fidesz’s parliamentary chief focusing on Viktor Orbán’s upbeat message on the economy while the opposition leaders insisted the government had failed to address problems in the country’s public services.
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 Retail Sales Up 4.7 pc In Nov 2016
- 9 Jan 2017 8:00 AM
- shopping
Retail sales in Hungary increased by 4.7 percent in November 2016 from the same month a year earlier, up from the final 2.6 percent figure in October, preliminary data released by the Central Statistical Office (KSH) on Friday show. Retail sales also rose by an annual 4.7 percent when adjusted for calendar-year effects.
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Legal Changes Taking Effect On 1 January In Hungary
- 2 Jan 2017 8:00 AM
- business
Hungary faces several legal changes as of Jan. 1, 2017, including a drop in the bank levy, whose upper bracket will be reduced by 3 basis points to 0.21 percent. The reduction in the tax comes as part of an agreement with the European Bank for Reconstruction and Development (EBRD).