521 result(s) for wage increase
Employers Evade Minimum Wage Laws
- 22 Jun 2017 8:14 AM
- business
Employers faced with rising wage costs have found a way to circumvent legal obligations by employing more part-time people, Világgazdaság writes.
LMP Blames Government For ‘Opening Gap’ With Region
- 22 Jun 2017 8:00 AM
- business
The opposition LMP party has blamed the government for Hungarian living standards falling behind other countries in the region. Erzsébet Schmuck, LMP’s deputy group leader, cited Eurostat figures at a press conference held on Tuesday, saying that Hungary’s consumption stood at 63 percent of the European Union average.
Economic Research Institute Raises GDP Growth Forecast To 3.8 Pc For 2017, 2018
- 20 Jun 2017 11:00 AM
- business
Economic research institute Századvég raised its projections for GDP growth in Hungary to 3.8 percent for both this year and 2018 in a fresh forecast released on Monday. The projections for 2017 and 2018 were raised from 3.6 percent and 3.4 percent, respectively, in a forecast released by the think-tank in March. Századvég said the growth rate for both years would be lifted by consumption and ...
Opposition Criticise Orbán For Neglecting Education, Health Care
- 13 Jun 2017 8:54 AM
- current affairs
The opposition parties criticised Prime Minister Viktor Orbán for his failure to address the crucial issues of the nation in his parliamentary speech. The Socialists called for a fairer Hungary, a country which belongs to the “first circle” of the European Union rather than to the peripheries.
Orbán: Border Fence Will Stand As Long As I Am PM
- 13 Jun 2017 8:36 AM
- current affairs
Prime Minister Viktor Orbán has promised that the border fence along Hungary’s southern border would stand as long as he is the prime minister. Addressing parliament, Orbán said that as long as Fidesz and the Christian Democrats governed Hungary, the government will not yield to Brussels’ “blackmails” and will refuse to accept mandatory migrant quotas.
Jobbik Elects Gábor Vona As Prime Minister Candidate
- 12 Jun 2017 8:57 AM
- current affairs
The congress of radical nationalist Jobbik elected party leader Gábor Vona as prime minister candidate. Vona was backed by 97% of the delegates, spokesman Ádám Mirkóczki said. Addressing the party’s 16th national congress in Budapest, Vona announced a programme for a safer, fairer and free Hungary. Vona pressed for an increase in wages in Hungary and cited his party’s wage union initiative, ...
Hungary Retail Sales Up 3.5 Pc In April
- 8 Jun 2017 8:36 AM
- shopping
Retail sales in Hungary rose by an annual 3.5 percent in April, accelerating from a 3.3 percent increase in the previous month, the Central Statistical Office (KSH) said on Tuesday. Adjusted for calendar year effects — notably the impact of the Easter holiday — retail sales increased by 2 percent, slowing from a 5.3 percent rise in the previous month.
BofA Considers MNB A Dove
- 5 Jun 2017 11:00 AM
- business
The Bank of America Merrill Lynch (BofA) has published a report after visiting the central banks in Eastern Europe, forecasting 3.5% GDP growth for Hungary and Poland and 2.9% for the Czech Republic in 2017.
Hungary's Jobless Rate 4.6%
- 29 May 2017 8:00 AM
- current affairs
Hungary’s rolling average three-month jobless rate was 4.6% in February-April, slightly up from 4.5% in the previous period, the Central Statistical Office (KSH) said. The Feb-Apr rate was down from 5.8% in the same period a year earlier. The rate covers unemployment among those between the ages of 15 and 74.
Employers Evade Minimum Wage Laws
- 22 Jun 2017 8:14 AM
- business
Employers faced with rising wage costs have found a way to circumvent legal obligations by employing more part-time people, Világgazdaság writes.
LMP Blames Government For ‘Opening Gap’ With Region
- 22 Jun 2017 8:00 AM
- business
The opposition LMP party has blamed the government for Hungarian living standards falling behind other countries in the region. Erzsébet Schmuck, LMP’s deputy group leader, cited Eurostat figures at a press conference held on Tuesday, saying that Hungary’s consumption stood at 63 percent of the European Union average.
Economic Research Institute Raises GDP Growth Forecast To 3.8 Pc For 2017, 2018
- 20 Jun 2017 11:00 AM
- business
Economic research institute Századvég raised its projections for GDP growth in Hungary to 3.8 percent for both this year and 2018 in a fresh forecast released on Monday. The projections for 2017 and 2018 were raised from 3.6 percent and 3.4 percent, respectively, in a forecast released by the think-tank in March. Századvég said the growth rate for both years would be lifted by consumption and ...
Opposition Criticise Orbán For Neglecting Education, Health Care
- 13 Jun 2017 8:54 AM
- current affairs
The opposition parties criticised Prime Minister Viktor Orbán for his failure to address the crucial issues of the nation in his parliamentary speech. The Socialists called for a fairer Hungary, a country which belongs to the “first circle” of the European Union rather than to the peripheries.
Orbán: Border Fence Will Stand As Long As I Am PM
- 13 Jun 2017 8:36 AM
- current affairs
Prime Minister Viktor Orbán has promised that the border fence along Hungary’s southern border would stand as long as he is the prime minister. Addressing parliament, Orbán said that as long as Fidesz and the Christian Democrats governed Hungary, the government will not yield to Brussels’ “blackmails” and will refuse to accept mandatory migrant quotas.
Jobbik Elects Gábor Vona As Prime Minister Candidate
- 12 Jun 2017 8:57 AM
- current affairs
The congress of radical nationalist Jobbik elected party leader Gábor Vona as prime minister candidate. Vona was backed by 97% of the delegates, spokesman Ádám Mirkóczki said. Addressing the party’s 16th national congress in Budapest, Vona announced a programme for a safer, fairer and free Hungary. Vona pressed for an increase in wages in Hungary and cited his party’s wage union initiative, ...
Hungary Retail Sales Up 3.5 Pc In April
- 8 Jun 2017 8:36 AM
- shopping
Retail sales in Hungary rose by an annual 3.5 percent in April, accelerating from a 3.3 percent increase in the previous month, the Central Statistical Office (KSH) said on Tuesday. Adjusted for calendar year effects — notably the impact of the Easter holiday — retail sales increased by 2 percent, slowing from a 5.3 percent rise in the previous month.
BofA Considers MNB A Dove
- 5 Jun 2017 11:00 AM
- business
The Bank of America Merrill Lynch (BofA) has published a report after visiting the central banks in Eastern Europe, forecasting 3.5% GDP growth for Hungary and Poland and 2.9% for the Czech Republic in 2017.
Hungary's Jobless Rate 4.6%
- 29 May 2017 8:00 AM
- current affairs
Hungary’s rolling average three-month jobless rate was 4.6% in February-April, slightly up from 4.5% in the previous period, the Central Statistical Office (KSH) said. The Feb-Apr rate was down from 5.8% in the same period a year earlier. The rate covers unemployment among those between the ages of 15 and 74.
















