630 result(s) for wages
Lidl Announces 15% Pay Increase
- 15 Jun 2016 9:00 AM
- business
Lidl Magyarország will increase the wages of all of its non-executive staff by 15%, effective from July 1, the discount retail chain has announced. Lidl raised salaries by 5% as recently as March. About 90% of Lidl’s 4,000 employees will benefit from the new raise.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
Hungarian Government To Raise Health-Care Wages In September
- 10 Jun 2016 9:00 AM
- health & wellness
The government has reached an agreement with health-care unions on raising base salaries in the sector starting in September this year, the human resources minister announced on Thursday. The base salary of doctors and pharmacists will increase by gross 107,000 forints (EUR 344) from September 1 this year and by another 100,000 forints from November 1, 2017, Zoltán Balog told a press conference.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Parties Respond To Teachers Strike
- 21 Apr 2016 9:00 AM
- current affairs
Politicians and activists of the Socialist opposition expressed solidarity with teachers in front of the Parliament. Party leader József Tóbiás said that the strike was about common goals and solidarity, and those in power must not be allowed to threaten those who joined the strike.
Lidl Announces 15% Pay Increase
- 15 Jun 2016 9:00 AM
- business
Lidl Magyarország will increase the wages of all of its non-executive staff by 15%, effective from July 1, the discount retail chain has announced. Lidl raised salaries by 5% as recently as March. About 90% of Lidl’s 4,000 employees will benefit from the new raise.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
Hungarian Government To Raise Health-Care Wages In September
- 10 Jun 2016 9:00 AM
- health & wellness
The government has reached an agreement with health-care unions on raising base salaries in the sector starting in September this year, the human resources minister announced on Thursday. The base salary of doctors and pharmacists will increase by gross 107,000 forints (EUR 344) from September 1 this year and by another 100,000 forints from November 1, 2017, Zoltán Balog told a press conference.
Moody’s: Improved Employment, Higher Real Wages Positive For Banks
- 31 May 2016 9:00 AM
- business
Lower unemployment, higher employment and rising real wages should positively impact Hungary’s banking sector, ratings agency Moody’s said in an analysis. Higher real wages is credit positive for banks because it enhances households’ ability to service their bank loans and will help reduce banks’ nonperforming retail loans.
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Parties Respond To Teachers Strike
- 21 Apr 2016 9:00 AM
- current affairs
Politicians and activists of the Socialist opposition expressed solidarity with teachers in front of the Parliament. Party leader József Tóbiás said that the strike was about common goals and solidarity, and those in power must not be allowed to threaten those who joined the strike.