196 result(s) for mihály varga in Business
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.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.
Hungary Eyes 9% Flat Corporate Tax
- 18 Nov 2016 8:00 AM
- business
Corporate tax in Hungary will be lowered to a flat 9% as of next year, Hungary’s Prime Minister Viktor Orbán announced today at the Regional Digital Summit conference in Budapest, according to Hungarian news agency MTI.
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.
Economy Minister Holds Talks During Annual Meetings Of World Bank, IMF
- 10 Oct 2016 9:00 AM
- business
The Hungarian economy minister met the heads of several international financial institutions as well as representatives of investor groups on the occasion of the annual meetings of the World Bank Group and the International Monetary Fund in Washington, DC, on Saturday, his ministry said.
Govt To Rethink Securities Market On Back Of S&P Upgrade
- 23 Sep 2016 9:00 AM
- business
The government plans “major changes” on the state bond market after Standard and Poor’s raised Hungary’s rating last week, government office chief János Lázár said. Prime Minister Viktor Orbán has asked Economy Minister Mihály Varga to review financial opportunities arising from the upgrade, Lázár said at a weekly government press conference.
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.
Lawmakers Approve Govt Tax Package
- 23 Nov 2016 8:00 AM
- business
Parliament approved on Tuesday the government’s so-called autumn tax package targeting reducing the public burden, boosting competitiveness and streamlining the tax bureaucracy. The revenue limit applied to itemised tax for small business taxpayers will be raised, the exemption threshold for VAT will be similarly raised, while rules for health-care contributions will be simplified.
Hungary Eyes 9% Flat Corporate Tax
- 18 Nov 2016 8:00 AM
- business
Corporate tax in Hungary will be lowered to a flat 9% as of next year, Hungary’s Prime Minister Viktor Orbán announced today at the Regional Digital Summit conference in Budapest, according to Hungarian news agency MTI.
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.
Economy Minister Holds Talks During Annual Meetings Of World Bank, IMF
- 10 Oct 2016 9:00 AM
- business
The Hungarian economy minister met the heads of several international financial institutions as well as representatives of investor groups on the occasion of the annual meetings of the World Bank Group and the International Monetary Fund in Washington, DC, on Saturday, his ministry said.
Govt To Rethink Securities Market On Back Of S&P Upgrade
- 23 Sep 2016 9:00 AM
- business
The government plans “major changes” on the state bond market after Standard and Poor’s raised Hungary’s rating last week, government office chief János Lázár said. Prime Minister Viktor Orbán has asked Economy Minister Mihály Varga to review financial opportunities arising from the upgrade, Lázár said at a weekly government press conference.