237 result(s) for wage rise
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.
Hungarian Parliament Raises Teachers’ Salaries, Hours
- 28 Aug 2013 9:00 AM
- current affairs
Parliament on Monday amended a 2011 law on education to reflect the fact that the government will raise teachers’ salaries by only 60% of the originally planned amount from September. The new law abolishes overtime pay and raises the number of mandatory teaching hours from 22 to 26 each week.
Retail Sales In Hungary Lifted By Fuel Consumption
- 18 Jul 2013 9:00 AM
- shopping
Retail sales rose for the second straight month in May, up 2.5% year-on-year, after 3.4% growth in April, according to seasonally adjusted figures from the Central Statistics Office. Before April, retail sales had fallen for 12 consecutive months.
Xpat Opinion: Hungarian Government Facing Floods, EU Criticism & Opposition
- 10 Jun 2013 9:00 AM
- current affairs
Commentators don’t refrain from political remarks while tens of thousands of volunteers, leading politicians among them, help professionals build temporary defences against the highest water levels the Danube has seen.
Xpat Opinion: Brussels To Lift Excessive Deficit Procedure Brought Against Hungary
- 27 May 2013 9:01 AM
- business
A left wing daily claims that Prime Minister Viktor Orbán is bound to win the sympathy of the voters whether Brussels waives the excessive deficit procedure or not. A pro-government daily suggests that the EU has run out of excuses to keep a punitive measure in place, which in any case had more to do with anger with a country that defies orthodoxy yet remains successful. A business daily focuses ...
Lower Inflation May Help Retail Volume In Hungary
- 12 Apr 2013 9:00 AM
- shopping
Retailers are pinning their hopes on the slowing inflation rate, which could help retail volume to remain flat or even add a slight gain, Retail Association chairman György Vámos told Napi Gazdaság. While lower inflation is an incentive for buyers, he remarked, a question remains over how much of the expected real wage increases will be spent.
Intensive Anti-Corruption Campaign Underway In Hungary
- 11 Dec 2012 8:00 AM
- current affairs
The leaders of the Ministry of Public Administration and Justice, the Curia, the National Office for the Judiciary, the General Prosecutor's Office and the State Audit Office have been jointly assessing the anti-corruption measures of the past year. The organisations issued a joint declaration last year in which they undertook to achieve coordinated and effective action against corruption. ...
Minimum Wage Hike In Hungary May Be Gradual
- 4 Dec 2012 8:02 AM
- current affairs
It is possible that the minimum wage will be increased only in the middle of next year in certain sectors, state news agency MTI reported from the Monday meeting of employer, employee and government representatives. The later increase would apply in low-wage industries such as textiles, agriculture and retail.
Xpat Opinion: Hungary's Next Year's Budget Is Based On Inaccurate Planning
- 27 Sep 2013 1:00 AM
- business
Compared to the previous quarter of 2013 predictions the latest statistics show no positive turn, Policy Agenda contends. Thus, regarding the preparation of the 2014 budget we must note that the continuing economic policy, and the positive evaluation of the latest statistical figures in the governmental communication can hardly establish an improving economic development. We think that only a ...
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.
Hungarian Parliament Raises Teachers’ Salaries, Hours
- 28 Aug 2013 9:00 AM
- current affairs
Parliament on Monday amended a 2011 law on education to reflect the fact that the government will raise teachers’ salaries by only 60% of the originally planned amount from September. The new law abolishes overtime pay and raises the number of mandatory teaching hours from 22 to 26 each week.
Retail Sales In Hungary Lifted By Fuel Consumption
- 18 Jul 2013 9:00 AM
- shopping
Retail sales rose for the second straight month in May, up 2.5% year-on-year, after 3.4% growth in April, according to seasonally adjusted figures from the Central Statistics Office. Before April, retail sales had fallen for 12 consecutive months.
Xpat Opinion: Hungarian Government Facing Floods, EU Criticism & Opposition
- 10 Jun 2013 9:00 AM
- current affairs
Commentators don’t refrain from political remarks while tens of thousands of volunteers, leading politicians among them, help professionals build temporary defences against the highest water levels the Danube has seen.
Xpat Opinion: Brussels To Lift Excessive Deficit Procedure Brought Against Hungary
- 27 May 2013 9:01 AM
- business
A left wing daily claims that Prime Minister Viktor Orbán is bound to win the sympathy of the voters whether Brussels waives the excessive deficit procedure or not. A pro-government daily suggests that the EU has run out of excuses to keep a punitive measure in place, which in any case had more to do with anger with a country that defies orthodoxy yet remains successful. A business daily focuses ...
Lower Inflation May Help Retail Volume In Hungary
- 12 Apr 2013 9:00 AM
- shopping
Retailers are pinning their hopes on the slowing inflation rate, which could help retail volume to remain flat or even add a slight gain, Retail Association chairman György Vámos told Napi Gazdaság. While lower inflation is an incentive for buyers, he remarked, a question remains over how much of the expected real wage increases will be spent.
Intensive Anti-Corruption Campaign Underway In Hungary
- 11 Dec 2012 8:00 AM
- current affairs
The leaders of the Ministry of Public Administration and Justice, the Curia, the National Office for the Judiciary, the General Prosecutor's Office and the State Audit Office have been jointly assessing the anti-corruption measures of the past year. The organisations issued a joint declaration last year in which they undertook to achieve coordinated and effective action against corruption. ...
Minimum Wage Hike In Hungary May Be Gradual
- 4 Dec 2012 8:02 AM
- current affairs
It is possible that the minimum wage will be increased only in the middle of next year in certain sectors, state news agency MTI reported from the Monday meeting of employer, employee and government representatives. The later increase would apply in low-wage industries such as textiles, agriculture and retail.