882 result(s) for rising
Xpat Opinion: Ferenc Gyurcsány: “Disintegration Or Something Else?”
- 24 Jun 2016 9:00 AM
- current affairs
As always, Hungarian Spectrum welcomes democratic voices from and about Hungary. Today Ferenc Gyurcsány, prime minister of Hungary between 2004 and 2009, offers his solutions to the ills of western democracies. Mr. Gyurcsány is currently the chairman of Demokratikus Koalíció, which he established in 2011.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Budapest Summer Festival, 10 June - 30 August
- 2 Jun 2016 9:00 AM
- community & culture
Budapest is most famous for its unmatched panorama, however the Hungarian capital has also been referred to as a city of surprises in the last couple of years. The reason – apart from its historical building- and natural heritage – being that Budapest offers exciting, wide-ranging programs for its guests throughout the whole year. Now we would like to invite you to the Budapest Summer Festival to ...
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Tax On Online Ads May Come Next Year
- 5 May 2016 9:00 AM
- business
The 2017 tax bill submitted to Parliament yesterday contains the so-called Google tax, as the bill requires advertising platform operators to register and report advertisements in order to pay tax on them. Online advertisers must also report to the tax authority.
Increasing Number Of Hungarians With HIV
- 5 May 2016 9:00 AM
- health & wellness
Every year the number of people infected by the HIV virus has been rising in Hungary, the daily Magyar Nemzet said, quoting an infectologist. Around 300 new cases are registered each year, János Szlávik, chief consultant at St István and St László hospitals, said, adding that currently 1,700 people have to be screened regularly for HIV.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Xpat Opinion: Ferenc Gyurcsány: “Disintegration Or Something Else?”
- 24 Jun 2016 9:00 AM
- current affairs
As always, Hungarian Spectrum welcomes democratic voices from and about Hungary. Today Ferenc Gyurcsány, prime minister of Hungary between 2004 and 2009, offers his solutions to the ills of western democracies. Mr. Gyurcsány is currently the chairman of Demokratikus Koalíció, which he established in 2011.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Budapest Summer Festival, 10 June - 30 August
- 2 Jun 2016 9:00 AM
- community & culture
Budapest is most famous for its unmatched panorama, however the Hungarian capital has also been referred to as a city of surprises in the last couple of years. The reason – apart from its historical building- and natural heritage – being that Budapest offers exciting, wide-ranging programs for its guests throughout the whole year. Now we would like to invite you to the Budapest Summer Festival to ...
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Tax On Online Ads May Come Next Year
- 5 May 2016 9:00 AM
- business
The 2017 tax bill submitted to Parliament yesterday contains the so-called Google tax, as the bill requires advertising platform operators to register and report advertisements in order to pay tax on them. Online advertisers must also report to the tax authority.
Increasing Number Of Hungarians With HIV
- 5 May 2016 9:00 AM
- health & wellness
Every year the number of people infected by the HIV virus has been rising in Hungary, the daily Magyar Nemzet said, quoting an infectologist. Around 300 new cases are registered each year, János Szlávik, chief consultant at St István and St László hospitals, said, adding that currently 1,700 people have to be screened regularly for HIV.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.















