1,130 result(s) for workers
Hungarian Analysts Expect Orbán, Cameron To Agree On Several Issues
- 7 Jan 2016 12:30 AM
- current affairs
Prime ministers David Cameron of Britain and Viktor Orbán of Hungary are expected to reach consensus on several issues at their meeting in Budapest on Thursday, analysts interviewed by the daily Magyar Idők said. Both prime ministers reject the concept of a United States of Europe and rather favour a Europe composed of nation-states. They also agree that there is no need for transferring further ...
Hungary’s Fourth Biggest City Miskolc Mass Transport Strike Likely
- 5 Jan 2016 8:00 AM
- getting around
The Miskolc bus and tram drivers union will begin talks with the city tomorrow on providing minimum services during a strike, as the two sides have failed to reach agreement on 2015 wages. The union and Miskolc Holding agreed last April on a 3% wage hike for 2015, retroactive to January, for all 3,000 workers of the public transport company. However, the raises were never paid, due to “liquidity ...
More Than 50,000 Jobs Added In Hungary
- 5 Jan 2016 3:00 AM
- business
Commenting on the jobs data, ING Bank chief analyst András Balatoni said the more than 50,000 jobs added on the primary labour market showed the spill-over effect of economic growth. Takarékbank analyst Gergely Suppan said the latest gauges of business confidence suggest employment could rise further in future. Erste analyst Gergely Ürmössy said the unemployment rate is better than earlier ...
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
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 ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Hungarian State To Grant HUF 10 Million Aid To Couples Agreeing To Have Three Children
- 21 Dec 2015 8:00 AM
- current affairs
The State will grant HUF 10 million non-repayable aid for the purchase of new homes to young couples who agree to have three children within ten years, the Minister heading the Prime Minister’s Office announced at the press conference Governmentinfo 35 which he held jointly with Government Spokesperson Zoltán Kovács.
Biszku Receives Suspended Prison Term For Complicity In War Crimes In Hungary
- 18 Dec 2015 8:00 AM
- current affairs
Communist-era party functionary Béla Biszku received a suspended prison sentence for complicity in war crimes. The Municipal Court of Budapest, however, exonerated him of the charges of ordering the shooting of a total of 49 anti-communist protesters in December 1956 and the beating of academics in March 1957.
CEO ’s More Optimistic About Hungarian Economy
- 17 Dec 2015 10:50 AM
- business
Four out of five Hungarian CEOs believe the Hungarian economic output will grow or be stable in the future, which is around 20% higher compared with a year ago, consultancy EY said, citing its Capital Confidence Barometer. Fully 45% of respondents said they were planning on hiring more workers in the next 12 months.
Hungarian Analysts Expect Orbán, Cameron To Agree On Several Issues
- 7 Jan 2016 12:30 AM
- current affairs
Prime ministers David Cameron of Britain and Viktor Orbán of Hungary are expected to reach consensus on several issues at their meeting in Budapest on Thursday, analysts interviewed by the daily Magyar Idők said. Both prime ministers reject the concept of a United States of Europe and rather favour a Europe composed of nation-states. They also agree that there is no need for transferring further ...
Hungary’s Fourth Biggest City Miskolc Mass Transport Strike Likely
- 5 Jan 2016 8:00 AM
- getting around
The Miskolc bus and tram drivers union will begin talks with the city tomorrow on providing minimum services during a strike, as the two sides have failed to reach agreement on 2015 wages. The union and Miskolc Holding agreed last April on a 3% wage hike for 2015, retroactive to January, for all 3,000 workers of the public transport company. However, the raises were never paid, due to “liquidity ...
More Than 50,000 Jobs Added In Hungary
- 5 Jan 2016 3:00 AM
- business
Commenting on the jobs data, ING Bank chief analyst András Balatoni said the more than 50,000 jobs added on the primary labour market showed the spill-over effect of economic growth. Takarékbank analyst Gergely Suppan said the latest gauges of business confidence suggest employment could rise further in future. Erste analyst Gergely Ürmössy said the unemployment rate is better than earlier ...
Assoc Chief: Hungarian Construction Sector To Pick Up Steam In Coming Years
- 4 Jan 2016 8:00 AM
- property
The construction sector is set to grow in the coming years and the number of new homes built per year could double by the end of the current government cycle, László Koji, head of the association of construction entrepreneurs ÉVOSZ, told daily Magyar Idők. Over the past few years, the government has implemented measures that have generated investments, even by foreign businesses, both in the ...
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 ...
Hungarian Govt, Unions, Employers Reach Deal On Minimum Wages
- 23 Dec 2015 8:00 AM
- current affairs
The economy ministry reached an agreement with three employer associations and two trade unions on the monthly minimum wages for skilled and unskilled workers, state secretary Péter Cseresznyés said. Under the agreement, the monthly minimum wage for unskilled workers next year will rise to gross 111,000 forints (EUR 353.6) and skilled workers will get 129,000 forints (EUR 411).
Hungarian State To Grant HUF 10 Million Aid To Couples Agreeing To Have Three Children
- 21 Dec 2015 8:00 AM
- current affairs
The State will grant HUF 10 million non-repayable aid for the purchase of new homes to young couples who agree to have three children within ten years, the Minister heading the Prime Minister’s Office announced at the press conference Governmentinfo 35 which he held jointly with Government Spokesperson Zoltán Kovács.
Biszku Receives Suspended Prison Term For Complicity In War Crimes In Hungary
- 18 Dec 2015 8:00 AM
- current affairs
Communist-era party functionary Béla Biszku received a suspended prison sentence for complicity in war crimes. The Municipal Court of Budapest, however, exonerated him of the charges of ordering the shooting of a total of 49 anti-communist protesters in December 1956 and the beating of academics in March 1957.
CEO ’s More Optimistic About Hungarian Economy
- 17 Dec 2015 10:50 AM
- business
Four out of five Hungarian CEOs believe the Hungarian economic output will grow or be stable in the future, which is around 20% higher compared with a year ago, consultancy EY said, citing its Capital Confidence Barometer. Fully 45% of respondents said they were planning on hiring more workers in the next 12 months.