1,001 result(s) for state sector
HUF 1100 Billion To Be Spent On Hungarian Transport Development
- 6 Jan 2016 8:00 AM
- getting around
“2016 will see the beginning of 1100 billion forints (EUR 3.5bn) of investment in transport throughout Hungary, 670 billion (EUR 2.1bn) of which will already be spent in 2016”, László Tasó announced.
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 ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Strasbourg Court Rules Hungary Pension Law Violates ECHR
- 16 Dec 2015 8:00 AM
- current affairs
The European Court of Human Rights (ECtHR) ruled that Hungary’s pension law violates the ban against discrimination prescribed by the European Convention on Human Rights (ECHR). The court ordered the state of Hungary to pay 18,000 euros in compensation and legal fees to the petitioner, Gyula Fabian, a Hungarian pensioner who also has a job in the public sector and has had his pension withheld ...
EBRD Optimistic About Growth In Hungary
- 8 Dec 2015 4:00 AM
- business
The outlook of the European Bank for Reconstruction and Development (EBRD) for GDP growth in Hungary is more optimistic than the market, the bank’s Hungarian board member said in daily Magyar Idők.
Hungarian Government Office Chief Lázár Praises Tusk, Condemns Soros
- 4 Dec 2015 8:00 AM
- current affairs
The government office chief welcomed European Council President Donald Tusk’s demand for measures to stanch the wave of migrants. Meanwhile, Lázár claimed that a civil organisation sponsored by Hungarianborn financier George Soros has launched a signature campaign against Hungary, saying that it is hard to understand what the Hungarianborn US businessman’s problem with his home country is.
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
Hungary & Philippines Sign Educational & Scientific Exchange Program
- 11 Nov 2015 8:02 AM
- current affairs
On 4 November the Educational and Scientific Exchange Programme between the Commission on Higher Education (CHED) of the Republic of the Philippines, and the Ministry of Human Capacities of Hungary was signed at the Hall of Mirrors of the Ministry of Human Capacities in Budapest, for the years 2015, 2016 and 2017. The signatories were Philippine Ambassador to Hungary Eleanor L. Jaucian on behalf ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.
HUF 1100 Billion To Be Spent On Hungarian Transport Development
- 6 Jan 2016 8:00 AM
- getting around
“2016 will see the beginning of 1100 billion forints (EUR 3.5bn) of investment in transport throughout Hungary, 670 billion (EUR 2.1bn) of which will already be spent in 2016”, László Tasó announced.
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 ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Strasbourg Court Rules Hungary Pension Law Violates ECHR
- 16 Dec 2015 8:00 AM
- current affairs
The European Court of Human Rights (ECtHR) ruled that Hungary’s pension law violates the ban against discrimination prescribed by the European Convention on Human Rights (ECHR). The court ordered the state of Hungary to pay 18,000 euros in compensation and legal fees to the petitioner, Gyula Fabian, a Hungarian pensioner who also has a job in the public sector and has had his pension withheld ...
EBRD Optimistic About Growth In Hungary
- 8 Dec 2015 4:00 AM
- business
The outlook of the European Bank for Reconstruction and Development (EBRD) for GDP growth in Hungary is more optimistic than the market, the bank’s Hungarian board member said in daily Magyar Idők.
Hungarian Government Office Chief Lázár Praises Tusk, Condemns Soros
- 4 Dec 2015 8:00 AM
- current affairs
The government office chief welcomed European Council President Donald Tusk’s demand for measures to stanch the wave of migrants. Meanwhile, Lázár claimed that a civil organisation sponsored by Hungarianborn financier George Soros has launched a signature campaign against Hungary, saying that it is hard to understand what the Hungarianborn US businessman’s problem with his home country is.
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
Hungary & Philippines Sign Educational & Scientific Exchange Program
- 11 Nov 2015 8:02 AM
- current affairs
On 4 November the Educational and Scientific Exchange Programme between the Commission on Higher Education (CHED) of the Republic of the Philippines, and the Ministry of Human Capacities of Hungary was signed at the Hall of Mirrors of the Ministry of Human Capacities in Budapest, for the years 2015, 2016 and 2017. The signatories were Philippine Ambassador to Hungary Eleanor L. Jaucian on behalf ...
Nearly 1,000 EU - Financed Development Projects Delayed
- 4 Nov 2015 3:00 AM
- business
A total of 962 development projects co-financed by the European Union are currently delayed, business daily Világgazdaság reported. Citing cabinet office information, the paper said that at the end of the third quarter the state sector and local councils were 150 billion forints (EUR 480m) behind schedule in taking up EU monies.