46 result(s) for minimum wage hike
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
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: Hungary On Right Track
- 8 Jan 2016 3:00 AM
- current affairs
Assessing the situation in Hungary in a radio interview, PM Viktor Orbán said that based on the past five years it was clear that the country is progressing in a way that everyone can feel that “steps are being taken in a forward direction from year to year”. This year will follow suit, he said, citing government measures such as a tax cut, a hike in the minimum wage and the homebuilding scheme ...
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 ...
Hungary’s EU Commissioner: Fiscal Rigour Not Enough To Revive Economy
- 14 Oct 2014 9:00 AM
- business
Fiscal rigour in itself is not sufficient to resolve economic problems arising from the global crisis; employment and social issues also need to be addressed, László Andor, Hungary’s European commissioner for employment, welfare and social inclusion, told a conference in Budapest on Monday.
Hungary’s Teachers’ Union Urges School Management Changes
- 26 Jun 2014 9:00 AM
- current affairs
It is necessary to review the operations of Klik, the public school manager in Hungary, and to implement changes based on negotiations with teachers’ representatives, the Democratic Union of Teachers (PDSZ) said in a statement, after meeting heads of NPK, the national board of Hungarian teachers.
Fidesz: Positive Changes Expected For Families In Hungary In 2014
- 30 Dec 2013 8:00 AM
- current affairs
Next year is expected to bring positive changes for families as well as wage and salary earners thanks to an eased tax burden, a drop in household utility bills and a rise in net income, a Fidesz spokesman said. Péter Hoppál told a news conference that the family tax system brought in four years ago had proved capable of strengthening families, and for this reason the government decided to ...
Hungary To Repay IMF Loan By 2014 At The Latest
- 17 Jun 2013 9:00 AM
- current affairs
Hungary is determined to repay the IMF loan taken out in 2008 until 2014 at the latest; Minister for National Economy Mihály Varga said in Budapest at a presentation held within the framework of the Fidesz programme entitled Hungary is Doing Better.
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.
Gross Wages Up 6.7% In Sept
- 23 Nov 2016 8:00 AM
- business
Average gross wages in Hungary rose by an annual 6.7% in September to 257,857 forints (EUR 834), the Central Statistical Office (KSH) reported. Net wages grew by 8.3% to 171,475 forints due to a one percentage point cut in the personal income tax rate from January.
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: Hungary On Right Track
- 8 Jan 2016 3:00 AM
- current affairs
Assessing the situation in Hungary in a radio interview, PM Viktor Orbán said that based on the past five years it was clear that the country is progressing in a way that everyone can feel that “steps are being taken in a forward direction from year to year”. This year will follow suit, he said, citing government measures such as a tax cut, a hike in the minimum wage and the homebuilding scheme ...
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 ...
Hungary’s EU Commissioner: Fiscal Rigour Not Enough To Revive Economy
- 14 Oct 2014 9:00 AM
- business
Fiscal rigour in itself is not sufficient to resolve economic problems arising from the global crisis; employment and social issues also need to be addressed, László Andor, Hungary’s European commissioner for employment, welfare and social inclusion, told a conference in Budapest on Monday.
Hungary’s Teachers’ Union Urges School Management Changes
- 26 Jun 2014 9:00 AM
- current affairs
It is necessary to review the operations of Klik, the public school manager in Hungary, and to implement changes based on negotiations with teachers’ representatives, the Democratic Union of Teachers (PDSZ) said in a statement, after meeting heads of NPK, the national board of Hungarian teachers.
Fidesz: Positive Changes Expected For Families In Hungary In 2014
- 30 Dec 2013 8:00 AM
- current affairs
Next year is expected to bring positive changes for families as well as wage and salary earners thanks to an eased tax burden, a drop in household utility bills and a rise in net income, a Fidesz spokesman said. Péter Hoppál told a news conference that the family tax system brought in four years ago had proved capable of strengthening families, and for this reason the government decided to ...
Hungary To Repay IMF Loan By 2014 At The Latest
- 17 Jun 2013 9:00 AM
- current affairs
Hungary is determined to repay the IMF loan taken out in 2008 until 2014 at the latest; Minister for National Economy Mihály Varga said in Budapest at a presentation held within the framework of the Fidesz programme entitled Hungary is Doing Better.
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.