136 result(s) for pension funds
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
László Krisán, CEO of KAVOSZ & President of Budapest Chamber of Commerce
- 3 Apr 2017 12:00 PM
László Krisán is CEO of KAVOSZ cPLc, the company coordinating the Széchenyi Card Programme, and of KAVOSZ Enterprise Development cPLc. He is President of Budapest Chamber of Commerce and Industry, Vice President responsible for matters related to EU funds of the Hungarian Chamber of Commerce and Industry, and President of the Commerce and Services Sector of the National Association of ...
Opinion: The Hungarian Opposition Shows Signs Of Life
- 20 Feb 2017 7:00 AM
- current affairs
Momentum’s victory
The major news of the day is the overwhelming success of Momentum’s signature drive for a referendum on holding the 2024 Olympic Games in Budapest. They needed 138,000 signatures; they collected 266,151. Although the young leaders of the movement don’t seem to be overly grateful, about 60,000 of these signatures were collected by political parties on the left. LMP and ...
The major news of the day is the overwhelming success of Momentum’s signature drive for a referendum on holding the 2024 Olympic Games in Budapest. They needed 138,000 signatures; they collected 266,151. Although the young leaders of the movement don’t seem to be overly grateful, about 60,000 of these signatures were collected by political parties on the left. LMP and ...
Opposition Parties Criticise PM’s State Of The Nation Address
- 13 Feb 2017 6:00 AM
- current affairs
Opposition parties voiced criticism of Prime Minister Viktor Orbán’s state of the nation address on Friday, saying that he had failed to address Hungary’s actual problems. The radical nationalist Jobbik party said that important issues such as corruption and the “smear campaigns” launched against his political opponents were missing from Orbán’s speech.
Hungary’s War On The Poor Continues Unabated
- 19 Jan 2017 12:40 AM
- current affairs
Two years after the European Commission approved a HUF 30 billion program to provide food and clothing to Hungary’s poorest families and some 4,000 homeless people, the government has yet to complete the process of soliciting, reviewing and approving proposals, according to conservative daily Magyar Nemzet.
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.
Court Orders NBH To Release Information On MKB Sale
- 21 Oct 2016 9:00 AM
- business
The Municipal Court of Budapest on Thursday ruled that the National Bank of Hungary (NBH) must release data of public interest regarding the sale of MKB Bank. The NBH sold MKB Bank to a consortium of two private equity funds, Blue Robin Investments and METIS Private Capital Fund, and Hungary’s Pannonia Pension Fund for HUF 37bn in the summer.
State Medal Auction Yields 500 Pairs Of Shoes For Impoverished Children
- 14 Sep 2016 9:00 AM
- community & culture
Sixteen Hungarian state medals were auctioned off Monday evening for a total of HUF 2.5 million (USD 9,300). The medals were donated to the Protective Charitative Association (Oltalom Karitatív Egyesület) for auction by various Hungarian notables after the Knight’s Cross of the Order of Merit of the Republic of Hungary was bestowed on Fidesz publicist Zsolt Bayer, an outspoken antisemite. The ...
Xpat Opinion: Growing GDP Amid Increasing Shortage Of Manpower In Hungary
- 17 Aug 2016 9:00 AM
- business
A pro-government analyst is confident that growth rates of 3 to 5 per cent are attainable in the foreseeable future, while a left-wing commentator thinks that the shortage of manpower will cause serious problems.
Hungary’s Larger Opposition Parties Call For Pension Reform
- 1 Sep 2017 3:00 AM
- current affairs
Hungary’s larger opposition parties agreed at a forum on Thursday on the need to reform Hungary’s pension system. Hungary currently operates a mandatory, defined-benefit pay-as-you-go pension system with a retirement age set at 63. A public minimum pension, set at a monthly 28,500 forints (EUR 93), is combined with an earnings-related pension. In late 2010, the government suspended the mandatory ...
László Krisán, CEO of KAVOSZ & President of Budapest Chamber of Commerce
- 3 Apr 2017 12:00 PM
László Krisán is CEO of KAVOSZ cPLc, the company coordinating the Széchenyi Card Programme, and of KAVOSZ Enterprise Development cPLc. He is President of Budapest Chamber of Commerce and Industry, Vice President responsible for matters related to EU funds of the Hungarian Chamber of Commerce and Industry, and President of the Commerce and Services Sector of the National Association of ...
Opinion: The Hungarian Opposition Shows Signs Of Life
- 20 Feb 2017 7:00 AM
- current affairs
Momentum’s victory
The major news of the day is the overwhelming success of Momentum’s signature drive for a referendum on holding the 2024 Olympic Games in Budapest. They needed 138,000 signatures; they collected 266,151. Although the young leaders of the movement don’t seem to be overly grateful, about 60,000 of these signatures were collected by political parties on the left. LMP and ...
The major news of the day is the overwhelming success of Momentum’s signature drive for a referendum on holding the 2024 Olympic Games in Budapest. They needed 138,000 signatures; they collected 266,151. Although the young leaders of the movement don’t seem to be overly grateful, about 60,000 of these signatures were collected by political parties on the left. LMP and ...
Opposition Parties Criticise PM’s State Of The Nation Address
- 13 Feb 2017 6:00 AM
- current affairs
Opposition parties voiced criticism of Prime Minister Viktor Orbán’s state of the nation address on Friday, saying that he had failed to address Hungary’s actual problems. The radical nationalist Jobbik party said that important issues such as corruption and the “smear campaigns” launched against his political opponents were missing from Orbán’s speech.
Hungary’s War On The Poor Continues Unabated
- 19 Jan 2017 12:40 AM
- current affairs
Two years after the European Commission approved a HUF 30 billion program to provide food and clothing to Hungary’s poorest families and some 4,000 homeless people, the government has yet to complete the process of soliciting, reviewing and approving proposals, according to conservative daily Magyar Nemzet.
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.
Court Orders NBH To Release Information On MKB Sale
- 21 Oct 2016 9:00 AM
- business
The Municipal Court of Budapest on Thursday ruled that the National Bank of Hungary (NBH) must release data of public interest regarding the sale of MKB Bank. The NBH sold MKB Bank to a consortium of two private equity funds, Blue Robin Investments and METIS Private Capital Fund, and Hungary’s Pannonia Pension Fund for HUF 37bn in the summer.
State Medal Auction Yields 500 Pairs Of Shoes For Impoverished Children
- 14 Sep 2016 9:00 AM
- community & culture
Sixteen Hungarian state medals were auctioned off Monday evening for a total of HUF 2.5 million (USD 9,300). The medals were donated to the Protective Charitative Association (Oltalom Karitatív Egyesület) for auction by various Hungarian notables after the Knight’s Cross of the Order of Merit of the Republic of Hungary was bestowed on Fidesz publicist Zsolt Bayer, an outspoken antisemite. The ...
Xpat Opinion: Growing GDP Amid Increasing Shortage Of Manpower In Hungary
- 17 Aug 2016 9:00 AM
- business
A pro-government analyst is confident that growth rates of 3 to 5 per cent are attainable in the foreseeable future, while a left-wing commentator thinks that the shortage of manpower will cause serious problems.