547 result(s) for reduction
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.
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.
Dizzying Array Of Online Discounts
- 25 Nov 2016 8:00 AM
- shopping
Hungarian online shops are bracing for a record daily turnover on Black Friday, when retailers offer big reductions, Világgazdaság writes. Electronic goods retailer Extreme Digital was the first to introduce Black Friday to Hungary in 2014, seen as a kick-off to the holiday season.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
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.
Government Could Cut Household Energy Prices Further, If Global Prices Don’t Rise
- 18 Nov 2016 8:00 AM
- shopping
Hungary’s government could mandate further reductions in household energy prices if global energy prices level out or continue to fall, Development Minister Miklós Seszták said in an interview published in Thursday’s issue of daily Magyar Idők.
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.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.
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.
Dizzying Array Of Online Discounts
- 25 Nov 2016 8:00 AM
- shopping
Hungarian online shops are bracing for a record daily turnover on Black Friday, when retailers offer big reductions, Világgazdaság writes. Electronic goods retailer Extreme Digital was the first to introduce Black Friday to Hungary in 2014, seen as a kick-off to the holiday season.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
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.
Government Could Cut Household Energy Prices Further, If Global Prices Don’t Rise
- 18 Nov 2016 8:00 AM
- shopping
Hungary’s government could mandate further reductions in household energy prices if global energy prices level out or continue to fall, Development Minister Miklós Seszták said in an interview published in Thursday’s issue of daily Magyar Idők.
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.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.