347 result(s) for state pension
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
ICSID Orders Hungary To Pay EUR 23 Million In Damages To French Company For Violating EU Law
- 20 Dec 2016 9:31 AM
- business
The World Bank’s International Centre for the Settlement of Investment Disputes has ordered Hungary to pay EUR 23 million (more than HUF 7 billion) in damages to the French voucher company Edenred for the unlawful reorganization of the Hungarian food voucher market in 2012, a violation of EU law, reports globenewswire.com.
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
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”.
Socialist Leader Calls For Better Pension System
- 24 Nov 2016 8:00 AM
- current affairs
Pensioners should feel safe not vulnerable, and they should feel proud not poor, opposition Socialist Party leader Gyula Molnár said. The Socialists see issues around Hungary’s 2.7 million pensioners as cardinal, he told the conference on the sustainability of the pension system organised by the Friedrich Ebert and Táncsics Mihály foundations.
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.
State Medal Auction Yields 500 Pairs Of Shoes For Impoverished Children
- 14 Sep 2016 9:00 AM
- community & culture
Sixteen Hungarian state medals were auctioned off Monday evening for a total of HUF 2.5 million (USD 9,300). The medals were donated to the Protective Charitative Association (Oltalom Karitatív Egyesület) for auction by various Hungarian notables after the Knight’s Cross of the Order of Merit of the Republic of Hungary was bestowed on Fidesz publicist Zsolt Bayer, an outspoken antisemite. The ...
Hungary CPI Negative 0.3% In July
- 10 Aug 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.3% in July on lower vehicle fuel and household energy prices, the Central Statistical Office said. Analysts had expected headline CPI to be around or slightly under zero because of low fuel prices and base effects.
Official: Middle Class To Strengthen Through Wage Increase
- 3 Jan 2017 8:10 AM
- business
Wage increases will help strengthen the middle class and Hungary’s economy as a whole in the long term, state secretary Csaba Dömötör said. The economy has been on a path of growth for several years and projections show that the growth rate could reach 4% taking into account European Union tenders, he told public news channel M1.
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
ICSID Orders Hungary To Pay EUR 23 Million In Damages To French Company For Violating EU Law
- 20 Dec 2016 9:31 AM
- business
The World Bank’s International Centre for the Settlement of Investment Disputes has ordered Hungary to pay EUR 23 million (more than HUF 7 billion) in damages to the French voucher company Edenred for the unlawful reorganization of the Hungarian food voucher market in 2012, a violation of EU law, reports globenewswire.com.
Hungary CPI Climbs to 1.1 pc In November
- 11 Dec 2016 6:45 AM
- business
Consumer prices in Hungary rose by an annual 1.1 percent in November, accelerating from a 1.0 percent increase in the previous month. The headline figure was slightly lower than the 1.2 percent analysts’ consensus. In a month-on-month comparison, CPI slowed to 0.1 percent from 0.6 percent in October.
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”.
Socialist Leader Calls For Better Pension System
- 24 Nov 2016 8:00 AM
- current affairs
Pensioners should feel safe not vulnerable, and they should feel proud not poor, opposition Socialist Party leader Gyula Molnár said. The Socialists see issues around Hungary’s 2.7 million pensioners as cardinal, he told the conference on the sustainability of the pension system organised by the Friedrich Ebert and Táncsics Mihály foundations.
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.
State Medal Auction Yields 500 Pairs Of Shoes For Impoverished Children
- 14 Sep 2016 9:00 AM
- community & culture
Sixteen Hungarian state medals were auctioned off Monday evening for a total of HUF 2.5 million (USD 9,300). The medals were donated to the Protective Charitative Association (Oltalom Karitatív Egyesület) for auction by various Hungarian notables after the Knight’s Cross of the Order of Merit of the Republic of Hungary was bestowed on Fidesz publicist Zsolt Bayer, an outspoken antisemite. The ...
Hungary CPI Negative 0.3% In July
- 10 Aug 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.3% in July on lower vehicle fuel and household energy prices, the Central Statistical Office said. Analysts had expected headline CPI to be around or slightly under zero because of low fuel prices and base effects.