91 result(s) for em varga in Business
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
State To Award Support To A Further 35 Large Companies
- 16 Jan 2017 8:40 AM
- business
The government has decided to award non-refundable support worth just over 24 billion forints (EUR 78m) to 35 major domestic companies, Mihály Varga, the economy minister, told a news conference on Friday. The support will lead to developments worth 60 billion forints, creating 1,147 jobs in the country, Varga said.
Hungarian-British Economic Relations Must Be Safeguarded & Strengthened
- 14 Dec 2016 7:20 AM
- business
It is Hungary’s best interest to keep relations as tight as possible between the United Kingdom and the European Union after the Brexit, Minister for National Economy Mihály Varga said after having received EU Chief Negotiator Michel Barnier in the Hungarian Parliament.
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
Varga Urges Swift Developments In Vocational Training
- 6 Dec 2016 5:56 AM
- business
Vocational training in Hungary should be developed more effectively and at a faster pace than ever before in order to increase economic productivity, the economy minister said. Skilled workers are vital for productivity growth, which is key for expanding the labour market, Mihály Varga said at the opening event of European Vocational Skills Week in Budapest.
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.
Varga: Hungarian Govt, EC See Eye To Eye On Economy
- 11 Nov 2016 8:00 AM
- business
The Hungarian government and the European Commission see the situation of the Hungarian economy in a similar light, Economy Minister Mihály Varga said after meeting Valdis Dombrovskis, the deputy commissioner for the euro and social dialogue, in Budapest.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Varga Welcomes S&P Decision, Eyes Bumpy Road Ahead
- 19 Sep 2016 9:00 AM
- business
Speaking at an event for economists in Kecskemét, in western Hungary, Economy Minister Mihály Varga said Standard and Poor’s analysts had noticed the successful reform of Hungary’s economy and that growth has stabilised. Meanwhile, the public debt has declined and the internal structure of the debt improved, he added.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
State To Award Support To A Further 35 Large Companies
- 16 Jan 2017 8:40 AM
- business
The government has decided to award non-refundable support worth just over 24 billion forints (EUR 78m) to 35 major domestic companies, Mihály Varga, the economy minister, told a news conference on Friday. The support will lead to developments worth 60 billion forints, creating 1,147 jobs in the country, Varga said.
Hungarian-British Economic Relations Must Be Safeguarded & Strengthened
- 14 Dec 2016 7:20 AM
- business
It is Hungary’s best interest to keep relations as tight as possible between the United Kingdom and the European Union after the Brexit, Minister for National Economy Mihály Varga said after having received EU Chief Negotiator Michel Barnier in the Hungarian Parliament.
Parliament Votes To Reduce Payroll Tax
- 13 Dec 2016 9:00 AM
- business
Parliament approved a bill that reduces the payroll tax from 27% to 22% from next year, and to 20% from 2018. The bill adjusts the healthcare contributions accordingly, reducing them from 27% to 22% for 2017. Economy Minister Mihály Varga submitted the bill to parliament earlier in December.
Varga Urges Swift Developments In Vocational Training
- 6 Dec 2016 5:56 AM
- business
Vocational training in Hungary should be developed more effectively and at a faster pace than ever before in order to increase economic productivity, the economy minister said. Skilled workers are vital for productivity growth, which is key for expanding the labour market, Mihály Varga said at the opening event of European Vocational Skills Week in Budapest.
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.
Varga: Hungarian Govt, EC See Eye To Eye On Economy
- 11 Nov 2016 8:00 AM
- business
The Hungarian government and the European Commission see the situation of the Hungarian economy in a similar light, Economy Minister Mihály Varga said after meeting Valdis Dombrovskis, the deputy commissioner for the euro and social dialogue, in Budapest.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Varga Welcomes S&P Decision, Eyes Bumpy Road Ahead
- 19 Sep 2016 9:00 AM
- business
Speaking at an event for economists in Kecskemét, in western Hungary, Economy Minister Mihály Varga said Standard and Poor’s analysts had noticed the successful reform of Hungary’s economy and that growth has stabilised. Meanwhile, the public debt has declined and the internal structure of the debt improved, he added.