480 result(s) for wage increase
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
Radical Nationalist Jobbik Leader Vona: Year 2016 Unsuccessful For Hungary
- 22 Dec 2016 8:00 AM
- current affairs
The year 2016 has been a bad one for Hungary, radical nationalist Jobbik leader Gábor Vona said. The government has failed to solve any of the country’s serious problems, including improving health care and education, obliterating corruption or reversing the emigration of Hungarians, Vona told a press conference assessing 2016.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
“Hungary Is Strengthening” To Be New Government Slogan In Run-Up To 2018 Election
- 20 Dec 2016 8:58 AM
- current affairs
Having spent some HUF 17 billion (USD 60 million) in 2016 informing the Hungarian public about the existential threat to the country posed by the temporary settlement of 1,700 asylum seekers, the government of Viktor Orbán seems set to spend lavishly on a new “public information” campaign ahead of the 2018 election.
Budapest Garbage Haulers To Strike If Demands Not Met
- 15 Dec 2016 6:33 AM
- current affairs
Budapest residents may soon find garbage piling up around them and no one to take it away. Budapest Public Area Maintenance Company (FKF) workers responsible for city garbage collection have scheduled a strike for before the Christmas holiday after wage negotiations broke down, reports atv.hu.
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
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.
Teachers’ Salaries Unaffected By Mandated Minimum Wage Increases In Hungary
- 29 Nov 2016 8:00 AM
- current affairs
Teachers Trade Union (PSZ) president Mrs. István Galló says teachers have been worse off by as much as HUF 30,000 (USD 105) a month since the government eliminated a law tying their wages to minimum wage.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
Radical Nationalist Jobbik Leader Vona: Year 2016 Unsuccessful For Hungary
- 22 Dec 2016 8:00 AM
- current affairs
The year 2016 has been a bad one for Hungary, radical nationalist Jobbik leader Gábor Vona said. The government has failed to solve any of the country’s serious problems, including improving health care and education, obliterating corruption or reversing the emigration of Hungarians, Vona told a press conference assessing 2016.
Hungary October Gross Wages Up 5.4%
- 21 Dec 2016 11:00 AM
- business
The average gross wage in Hungary rose by an annual 5.4% to 262,200 forints (EUR 835) in September, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, climbing 7% to 174,393 forints due to a one percentage point cut in the personal income tax rate from January.
“Hungary Is Strengthening” To Be New Government Slogan In Run-Up To 2018 Election
- 20 Dec 2016 8:58 AM
- current affairs
Having spent some HUF 17 billion (USD 60 million) in 2016 informing the Hungarian public about the existential threat to the country posed by the temporary settlement of 1,700 asylum seekers, the government of Viktor Orbán seems set to spend lavishly on a new “public information” campaign ahead of the 2018 election.
Budapest Garbage Haulers To Strike If Demands Not Met
- 15 Dec 2016 6:33 AM
- current affairs
Budapest residents may soon find garbage piling up around them and no one to take it away. Budapest Public Area Maintenance Company (FKF) workers responsible for city garbage collection have scheduled a strike for before the Christmas holiday after wage negotiations broke down, reports atv.hu.
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
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.
Teachers’ Salaries Unaffected By Mandated Minimum Wage Increases In Hungary
- 29 Nov 2016 8:00 AM
- current affairs
Teachers Trade Union (PSZ) president Mrs. István Galló says teachers have been worse off by as much as HUF 30,000 (USD 105) a month since the government eliminated a law tying their wages to minimum wage.
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.