547 result(s) for reduction
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Catering Service Staff Strike May Affect 18-20 International Trains
- 29 Aug 2017 8:00 AM
- getting around
A strike announced for August 29 by the catering services of the Hungarian state railways MÁV may affect 18-20 international trains, MÁV said on Monday. The VDSzSz union of railway workers announced a work stoppage by catering service workers from 8am until 11pm on Tuesday, to force MÁV to abandon its plans of terminating couchette and restaurant wagons aimed at offsetting their loss-making ...
Hungary Gross Wages Climb 14.4% In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by an annual 14.4% to 297,251 forints (EUR 976) in June, the Central Statistical Office (KSH) said.Net wages grew at the same pace as gross wages did to reach 197,672 forints.
Net Average Wage In Hungary Reaches EUR 649 In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by annual 14.4 percent to 297,251 (EUR 976) forints in June, the Central Statistics Office (KSH) said on Tuesday. Net wages grew at the same pace as gross wages did to reach 197,672 forints (EUR 649).
LMP Warns Of Gov’t Plan To Weaken Secondary Grammar Schools
- 10 Jul 2017 8:56 AM
- current affairs
The green LMP party said that after drastically weakening vocational schools in its previous term, the Fidesz-KDNP government had set its sights on measures that would reduce the quality of grammar school education.
Pharmaceutical Shortage Causes Problems For Hungarian Patients
- 8 Jun 2017 8:40 AM
- health & wellness
A shortage of various pharmaceutical products in Hungary is leading some doctors to recommend their patients seek medication in neighboring countries such as Austria, mno.hu reports.
Cannabis Most Popular Illegal Drug In Hungary, European Report Finds
- 7 Jun 2017 8:00 AM
- current affairs
Cannabis continues to be the drug of choice for drug users in Hungary, according to a fresh report by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) released. The 2017 report was based on national estimates and reported numbers through the EMCDDA indicators.
EC: Substantial Fiscal Effort Needed In 2018 For Hungary To Meet Requirements
- 23 May 2017 8:50 AM
- finance
The European Commission recommends that Hungary in 2017 and 2018 pursue its fiscal policy in line with the requirements of the preventive arm of the Stability and Growth Pact, which translates into a substantial fiscal effort for 2018, the EC said in its draft country-specific recommendation published on Monday.
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Catering Service Staff Strike May Affect 18-20 International Trains
- 29 Aug 2017 8:00 AM
- getting around
A strike announced for August 29 by the catering services of the Hungarian state railways MÁV may affect 18-20 international trains, MÁV said on Monday. The VDSzSz union of railway workers announced a work stoppage by catering service workers from 8am until 11pm on Tuesday, to force MÁV to abandon its plans of terminating couchette and restaurant wagons aimed at offsetting their loss-making ...
Hungary Gross Wages Climb 14.4% In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by an annual 14.4% to 297,251 forints (EUR 976) in June, the Central Statistical Office (KSH) said.Net wages grew at the same pace as gross wages did to reach 197,672 forints.
Net Average Wage In Hungary Reaches EUR 649 In June
- 23 Aug 2017 9:00 AM
- business
The average gross monthly wage in Hungary rose by annual 14.4 percent to 297,251 (EUR 976) forints in June, the Central Statistics Office (KSH) said on Tuesday. Net wages grew at the same pace as gross wages did to reach 197,672 forints (EUR 649).
LMP Warns Of Gov’t Plan To Weaken Secondary Grammar Schools
- 10 Jul 2017 8:56 AM
- current affairs
The green LMP party said that after drastically weakening vocational schools in its previous term, the Fidesz-KDNP government had set its sights on measures that would reduce the quality of grammar school education.
Pharmaceutical Shortage Causes Problems For Hungarian Patients
- 8 Jun 2017 8:40 AM
- health & wellness
A shortage of various pharmaceutical products in Hungary is leading some doctors to recommend their patients seek medication in neighboring countries such as Austria, mno.hu reports.
Cannabis Most Popular Illegal Drug In Hungary, European Report Finds
- 7 Jun 2017 8:00 AM
- current affairs
Cannabis continues to be the drug of choice for drug users in Hungary, according to a fresh report by the European Monitoring Centre for Drugs and Drug Addiction (EMCDDA) released. The 2017 report was based on national estimates and reported numbers through the EMCDDA indicators.
EC: Substantial Fiscal Effort Needed In 2018 For Hungary To Meet Requirements
- 23 May 2017 8:50 AM
- finance
The European Commission recommends that Hungary in 2017 and 2018 pursue its fiscal policy in line with the requirements of the preventive arm of the Stability and Growth Pact, which translates into a substantial fiscal effort for 2018, the EC said in its draft country-specific recommendation published on Monday.
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.
















