746 result(s) for reduced
Bad Weather Cuts Hungary Fruit Harvest By One-Third
- 28 Dec 2016 8:00 AM
- current affairs
Bad weather reduced Hungary’s fruit crop by about one-third this year, but the vegetable harvest was better than average, the head of growers association FruitVeB said. Spring frost, storms, hail and heavy rain cut the fruit crop by 250,000-300,000 tonnes to 750,000-800,000 tonnes, said Ferenc Ledó.
Govt To Introduce Measures To Boost SME Growth
- 23 Dec 2016 8:10 AM
- business
The government is launching a programme to help boost growth in productivity and efficiency among small and medium-sized companies (SME), economy ministry state secretary István Lepsényi said on Thursday.
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.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
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.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Deutsch: Many Will Benefit From Digital Prosperity Programme Next Year
- 10 Nov 2016 8:00 AM
- tech
The government’s digital commissioner, Tamás Deutsch, has said that many Hungarians will benefit from the positive effects of the government’s Digital Prosperity Programme in 2017. He noted that VAT on internet services will be cut from 27% to 18% from January.
Bad Weather Cuts Hungary Fruit Harvest By One-Third
- 28 Dec 2016 8:00 AM
- current affairs
Bad weather reduced Hungary’s fruit crop by about one-third this year, but the vegetable harvest was better than average, the head of growers association FruitVeB said. Spring frost, storms, hail and heavy rain cut the fruit crop by 250,000-300,000 tonnes to 750,000-800,000 tonnes, said Ferenc Ledó.
Govt To Introduce Measures To Boost SME Growth
- 23 Dec 2016 8:10 AM
- business
The government is launching a programme to help boost growth in productivity and efficiency among small and medium-sized companies (SME), economy ministry state secretary István Lepsényi said on Thursday.
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.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
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.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Deutsch: Many Will Benefit From Digital Prosperity Programme Next Year
- 10 Nov 2016 8:00 AM
- tech
The government’s digital commissioner, Tamás Deutsch, has said that many Hungarians will benefit from the positive effects of the government’s Digital Prosperity Programme in 2017. He noted that VAT on internet services will be cut from 27% to 18% from January.