1,251 result(s) for raised
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.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.
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.
Magic Lamp (Csodalámpa) Foundation Report
- 18 Nov 2016 8:02 AM
- community & culture
We would like to say a special thank in the name of Fruzsina too to the leaders and members of XpatLoop, the largest Hungarian expat community, for organizing the Budapest Bonfire Night Party for Charity and for the donations raised at the event. We would also like to thank our private donors and the KAP charity program of MagNet Hungarian Community Bank for their support, that allowed to grant ...
Xenophobia Skyrocketing In Hungary, Surveys Reveal
- 18 Nov 2016 8:00 AM
- current affairs
Since it has been assessed, xenophobia in Hungary has never been as high as it is today, Hungarian online news portal index.hu reported today based on two separate surveys. This comes after a massive campaign by the Hungarian government against “migrants” prior to the October referendum on the EU’s planned refugee quotas, which ended as invalid.
Fitch To Review Hungary’s Credit Rating This Week
- 14 Nov 2016 8:00 AM
- business
Ratings agency Fitch will review Hungary’s sovereign credit rating on November 18. This will be the last scheduled sovereign credit rating review of Hungary in 2016. Fitch raised Hungary’s sovereign rating to “BBB-” from “BB+”, moving it back to investment grade with a “stable” outlook for the rating in May.
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.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.
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.
Magic Lamp (Csodalámpa) Foundation Report
- 18 Nov 2016 8:02 AM
- community & culture
We would like to say a special thank in the name of Fruzsina too to the leaders and members of XpatLoop, the largest Hungarian expat community, for organizing the Budapest Bonfire Night Party for Charity and for the donations raised at the event. We would also like to thank our private donors and the KAP charity program of MagNet Hungarian Community Bank for their support, that allowed to grant ...
Xenophobia Skyrocketing In Hungary, Surveys Reveal
- 18 Nov 2016 8:00 AM
- current affairs
Since it has been assessed, xenophobia in Hungary has never been as high as it is today, Hungarian online news portal index.hu reported today based on two separate surveys. This comes after a massive campaign by the Hungarian government against “migrants” prior to the October referendum on the EU’s planned refugee quotas, which ended as invalid.
Fitch To Review Hungary’s Credit Rating This Week
- 14 Nov 2016 8:00 AM
- business
Ratings agency Fitch will review Hungary’s sovereign credit rating on November 18. This will be the last scheduled sovereign credit rating review of Hungary in 2016. Fitch raised Hungary’s sovereign rating to “BBB-” from “BB+”, moving it back to investment grade with a “stable” outlook for the rating in May.