281 result(s) for cut in Business
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
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.
Unveiling Of A 20.6 Million Euros Investment In Hungary By Japan’s SIIX Corporation
- 18 Nov 2016 8:00 AM
- business
From Jan. 1, Hungary’s state investment-promotion system will be overhauled so that budget support for investments is funnelled to companies not only on the basis of how many jobs they create but also taking into account their technological standards and value-added, the foreign affairs and trade minister said.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
Xpat Opinion: Standard & Poor’s Upgrades Hungary
- 20 Sep 2016 9:00 AM
- business
A conservative analyst interprets the second major rating company’s decision to upgrade Hungary to investment category as an acknowledgement of the success of the oft criticized economic policies pursued by the government and the National Bank
OECD Lowers 2017 GDP Growth Forecast To 2.5 Pc
- 29 Nov 2016 8:00 AM
- business
The OECD lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the 3.1 percent in the previous Economic Outlook released in June 2016. The OECD however improved its 1.6 percent summer projection for Hungary’s growth this year to 1.7 percent in the autumn edition of the World Economic Outlook.
Unions ‘Satisfied’ With Wage Deal
- 24 Nov 2016 8:00 AM
- business
Hungary’s trade unions are “satisfied” with the wage deal reached with the government. National Federation of Workers’ Councils (MOSZ) head Imre Palkovics told public television that it was many years since employee representatives had achieved as great a success as the current deal.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Opinion: Hungary To Cut Corporate Tax Rate To Lowest In EU
- 24 Nov 2016 2:35 AM
- business
A conservative economist welcomes PM Orbán’s announcement that Hungarian corporate tax is to be cut to the lowest in the EU. A liberal economist, on the other hand, fears that the tax cut will create disparities in the economy.
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.
Unveiling Of A 20.6 Million Euros Investment In Hungary By Japan’s SIIX Corporation
- 18 Nov 2016 8:00 AM
- business
From Jan. 1, Hungary’s state investment-promotion system will be overhauled so that budget support for investments is funnelled to companies not only on the basis of how many jobs they create but also taking into account their technological standards and value-added, the foreign affairs and trade minister said.
Lázár: Wage Increases, Investment Promotion Govt Priorities For Near Future
- 4 Nov 2016 8:00 AM
- business
Wage rises will be one of the government’s top priorities in the coming years, government office chief János Lázár said. He said the wage pressure is growing in the Hungarian economy with businesses pushing for payroll tax cuts.
Lázár To Propose Tighter Rules On Spending Public Funds
- 19 Oct 2016 9:00 AM
- business
Government office chief János Lázár on Tuesday said he would propose tightening the rules on spending public funds. The stricter rules will aim to make the evaluation of public tenders more transparent, Lázár told a weekly government press briefing.
Xpat Opinion: Standard & Poor’s Upgrades Hungary
- 20 Sep 2016 9:00 AM
- business
A conservative analyst interprets the second major rating company’s decision to upgrade Hungary to investment category as an acknowledgement of the success of the oft criticized economic policies pursued by the government and the National Bank