14 result(s) for referendum in Business
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Changing Hungarian Pensions Could Have “Serious Ramifications”
- 30 Jul 2015 9:00 AM
- business
Giving men the option to retire after 40 years of work could lead to a serious shortage in some professions, Sándor Czomba, state secretary at the economy ministry, said. Czomba told a press conference that in the next few years some 62,000 people would retire from areas where there is already a shortage. This includes 12,000 engineers. For demographic reasons, the number of newcomers will be ...
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Changing Hungarian Pensions Could Have “Serious Ramifications”
- 30 Jul 2015 9:00 AM
- business
Giving men the option to retire after 40 years of work could lead to a serious shortage in some professions, Sándor Czomba, state secretary at the economy ministry, said. Czomba told a press conference that in the next few years some 62,000 people would retire from areas where there is already a shortage. This includes 12,000 engineers. For demographic reasons, the number of newcomers will be ...
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.