394 result(s) for wage support
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 ...
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
Xpat Opinion: Migration Still Overshadows All Other Issues In Hungary
- 14 Oct 2015 9:00 AM
- current affairs
Leading commentators throughout the media still concentrate their wits on the migrant issue. Hungarians rarely shows such an intense interest in public affairs as they do towards migration at present.
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...
No One Wants To Work Here In Hungary
- 17 Jul 2015 12:35 PM
- current affairs
Hungarian magazine Hetek recently published an article which explored job opportunities, or lack thereof, around Hungary. The magazine looked at job listings, called employers looking to hire, spoke to employees, and looked at studies that sized up work-related stress among employees and managers. Working in Hungary, it turns out, is not that easy.
Hungarian Econ Ministry Expects 20,000 Students In Vocational Training
- 2 Jul 2015 9:00 AM
- community & culture
The economy ministry is expecting the number of students taking part in vocational training to grow from 50,000 to 70,000 over the next four years, a ministry deputy state secretary told public news channel M1. The economic chamber is prepared to expand the number of companies involved in vocational training from the current 8,000 to 20,000, László Obrodina said.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Gov’t Aims To Bring Skilled Hungarians Home
- 23 Apr 2015 9:00 AM
- current affairs
The government will soon launch a new effort to persuade highly qualified young Hungarians to bring their skills back to Hungary. Economy Ministry state secretary for labour and education Sándor Czomba told reporters that while there are many job seekers in Hungary, there is a growing shortage of skilled workers.
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 ...
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
Xpat Opinion: Migration Still Overshadows All Other Issues In Hungary
- 14 Oct 2015 9:00 AM
- current affairs
Leading commentators throughout the media still concentrate their wits on the migrant issue. Hungarians rarely shows such an intense interest in public affairs as they do towards migration at present.
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...
No One Wants To Work Here In Hungary
- 17 Jul 2015 12:35 PM
- current affairs
Hungarian magazine Hetek recently published an article which explored job opportunities, or lack thereof, around Hungary. The magazine looked at job listings, called employers looking to hire, spoke to employees, and looked at studies that sized up work-related stress among employees and managers. Working in Hungary, it turns out, is not that easy.
Hungarian Econ Ministry Expects 20,000 Students In Vocational Training
- 2 Jul 2015 9:00 AM
- community & culture
The economy ministry is expecting the number of students taking part in vocational training to grow from 50,000 to 70,000 over the next four years, a ministry deputy state secretary told public news channel M1. The economic chamber is prepared to expand the number of companies involved in vocational training from the current 8,000 to 20,000, László Obrodina said.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Gov’t Aims To Bring Skilled Hungarians Home
- 23 Apr 2015 9:00 AM
- current affairs
The government will soon launch a new effort to persuade highly qualified young Hungarians to bring their skills back to Hungary. Economy Ministry state secretary for labour and education Sándor Czomba told reporters that while there are many job seekers in Hungary, there is a growing shortage of skilled workers.















