480 result(s) for wage increase
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.
Prison Chief: More Inmates Work, Less Crime Committed
- 31 Oct 2016 8:00 AM
- current affairs
The higher the employment rate among prisoners, the lower the number of crimes committed against each other, Hungary’s outgoing prison chief András Csóti told MTI in an interview. Last year, the number of prison crimes involving serious bodily harm dropped from 89 to 73, reported sexual offences fell from 37 to 30, the number of coercions from 117 to 105 and the number of robberies from 22 to 16, ...
Banks Offer New Basic Accounts
- 18 Oct 2016 9:00 AM
- business
Banks have begun offering a cheap, so-called basic bank account to clients from October 15, as mandated in a law passed in early September. Banks’ maximum charges on such accounts are set at 1.5% of the minimum wage at the end of the previous year, or Ft 1,575 at present.
Pénzügykutató Expects Growth To Slow Before Accelerating Next Year
- 11 Oct 2016 9:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to slow to 2.2% this year from 3.1% in 2015, due to dropping investments, before accelerating to 3% next year, the economic research company said in a forecast. Performance in the first half of this year has made it clear that growth will grind to a halt as soon as the inflow of EU funding stops, the researchers said.
Retail Sales Growth Picks Up To 5.8% In August
- 6 Oct 2016 9:00 AM
- shopping
Retail sales growth in Hungary accelerated to an annual 5.8 percent in August after a temporary slowdown to 2.9 percent in July, the Central Statistical Office (KSH) said on Wednesday. Adjusted for calendar-year effects, retail sales rose by 4.3 percent in August, picking up from a 3.9 percent increase in July. Adjusted food sales rose by 2.8 percent, non-food sales climbed by 6.1 percent and ...
Parragh: Emigration Slowed Down In First Half Of 2016
- 4 Oct 2016 9:00 AM
- current affairs
Wage increases and improved competitiveness could help resolve the labour shortage in Hungary, daily Magyar Idők said, adding that statistics show that emigration slowed down in the first half of this year. Head of the Hungarian Chamber of Commerce and Industry László Parragh told the paper that the labour shortage resulting from emigration affects not only Hungary but the entire region and in ...
Official: Hungary Close To Bridging Health-Care Pay Gap
- 29 Sep 2016 9:00 AM
- health & wellness
Recent and new wage hikes in the health-care sector will help Hungary close the pay gap with the other Visegrad Group countries, the state secretary for health care said. The base salary of doctors and pharmacists increased by gross 107,000 forints (EUR 348) from September 1 this year and will rise by another 100,000 forints from November 1, 2017, Zoltán Ónodi-Szűcs said.
Orbán: Labour - Based Economy Successful
- 22 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán hailed Hungary’s labour-based economic model as a “success” in an interview to public radio. Orbán said the foundations of Hungary’s economy and financial system are stable enough to handle a significant increase in the minimum wage and a decrease in the corporate tax rate.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.
Prison Chief: More Inmates Work, Less Crime Committed
- 31 Oct 2016 8:00 AM
- current affairs
The higher the employment rate among prisoners, the lower the number of crimes committed against each other, Hungary’s outgoing prison chief András Csóti told MTI in an interview. Last year, the number of prison crimes involving serious bodily harm dropped from 89 to 73, reported sexual offences fell from 37 to 30, the number of coercions from 117 to 105 and the number of robberies from 22 to 16, ...
Banks Offer New Basic Accounts
- 18 Oct 2016 9:00 AM
- business
Banks have begun offering a cheap, so-called basic bank account to clients from October 15, as mandated in a law passed in early September. Banks’ maximum charges on such accounts are set at 1.5% of the minimum wage at the end of the previous year, or Ft 1,575 at present.
Pénzügykutató Expects Growth To Slow Before Accelerating Next Year
- 11 Oct 2016 9:00 AM
- business
Pénzügykutató expects Hungary’s GDP growth rate to slow to 2.2% this year from 3.1% in 2015, due to dropping investments, before accelerating to 3% next year, the economic research company said in a forecast. Performance in the first half of this year has made it clear that growth will grind to a halt as soon as the inflow of EU funding stops, the researchers said.
Retail Sales Growth Picks Up To 5.8% In August
- 6 Oct 2016 9:00 AM
- shopping
Retail sales growth in Hungary accelerated to an annual 5.8 percent in August after a temporary slowdown to 2.9 percent in July, the Central Statistical Office (KSH) said on Wednesday. Adjusted for calendar-year effects, retail sales rose by 4.3 percent in August, picking up from a 3.9 percent increase in July. Adjusted food sales rose by 2.8 percent, non-food sales climbed by 6.1 percent and ...
Parragh: Emigration Slowed Down In First Half Of 2016
- 4 Oct 2016 9:00 AM
- current affairs
Wage increases and improved competitiveness could help resolve the labour shortage in Hungary, daily Magyar Idők said, adding that statistics show that emigration slowed down in the first half of this year. Head of the Hungarian Chamber of Commerce and Industry László Parragh told the paper that the labour shortage resulting from emigration affects not only Hungary but the entire region and in ...
Official: Hungary Close To Bridging Health-Care Pay Gap
- 29 Sep 2016 9:00 AM
- health & wellness
Recent and new wage hikes in the health-care sector will help Hungary close the pay gap with the other Visegrad Group countries, the state secretary for health care said. The base salary of doctors and pharmacists increased by gross 107,000 forints (EUR 348) from September 1 this year and will rise by another 100,000 forints from November 1, 2017, Zoltán Ónodi-Szűcs said.