New Wage Deal Paves Way for Growth and Record Investments Hungary has set ambitious goals for 2025, aiming for over 3% economic growth and a historic wage increase under a... 2024.11.26.
Three-Year Deal: Minimum Wage Increases Outlined by 2027 A three-year wage agreement has been reached between the government and the forum representing employers, and reflecting the government's expectations.... 2024.11.22.
Public Input Sought on the Country’s Independent Economic Path On Monday, the national consultation on Hungary's economic future and the foundations of its economic policy officially launches. Prime Minister... 2024.10.28.
Slovakia Follows Hungary’s Example in Minimum Wage Increase In Slovakia, the minimum wage will rise to 60 percent of the national average wage in 2024 from 2026, writes... 2024.10.24.
Government Proposes National Consultation on Wage Increases Hungary's governing party, Fidesz, is advocating for a national consultation to gather public opinion on critical economic issues, including wage... 2024.10.15.
Average Gross Earnings Could Reach the HUF 1 million Threshold by 2028 At the presentation of the "Responsible Employer of the Year" award, Minister for National Economy Márton Nagy presented in detail... 2024.10.11.
Net Wage Boom Expected in 2025 Wage outflows in the Hungarian economy may remain strong, with the expected increase in the minimum wage firmly supporting double-digit... 2024.09.10.
Minimum Wage Expected to Rise Significantly over the Next 3 Years The minimum wage would rise by roughly HUF 140,000 by 2027, said Sándor Czomba, State Secretary for Employment Policy at... 2024.08.23.
Effective Minimum Wage in Hungary among the EU Average The Hungarian effective minimum wage is in the midfield in the European Union, the Ministry for National Economy announced. According... 2024.08.07.
Average Hourly Wages of Skilled Workers Up by over 10 Percent In the second quarter, the average gross hourly wage of skilled and semi-skilled manual workers was HUF 2,104 (EUR 5.16),... 2024.07.23.
Salaries Could Rise as Early as December: Minimum Wage to Increase by 15% An agreement was reached at Wednesday's meeting of the Permanent Consultative Forum between the industry and the government. The parties... 2023.11.17.
Agreement Concerning Minimum Wage Close The minimum wage may increase by 16 percent next year, while the guaranteed minimum wage by 14 percent. The agreement... 2022.12.14.
Hefty Pension and Tax Handouts Promised by Orbán Gov’t Arrive in February, Weeks Ahead of Election Last year, the Orbán government announced a wide series of handouts and tax cuts, the total amount of which is the... 2022.02.17.
Hungary’s 2022 Minimum Wage Increase Highest in EU Although minimum wages have grown almost everywhere in the European Union in 2022, the nominal increase of almost 20% in... 2022.02.07.
Opposition Vows to Fully Refund PIT to Minimum Wage Earners Hungary's minimum wage earners will receive full refunds of their personal income tax payments if the united opposition wins the... 2022.01.27.
Majority of Hungary’s Workplaces to Increase Wages by More than 10% in 2022 Huge differences can be seen in this year’s wage agreements in Hungary, but the increases surpass 10 percent in most... 2022.01.11.
Orbán Gov’t Promises Myriad of State Support, Massive Wage Hikes Ahead of 2022 Election As part of a spending spree ahead of the 2022 parliamentary elections, the Orbán-led government has announced a series of... 2022.01.02.
Opposition Pledges Fairer Personal Income Tax System, to Tackle Corruption Representatives of the united opposition, should they win the general election next spring, have pledged to make the personal income... 2021.12.28.
PM Orbán Announces Wage Hike for Public Workers On Wednesday, Prime Minister Viktor Orbán announced that the wages of public workers will be raised to HUF 100,000 (EUR... 2021.12.16.
PM Orbán: Economic Growth Should Benefit All Including Pensioners Hungary's economic growth is a "shared success" from which everybody including pensioners should benefit, Prime Minister Viktor Orbán said on... 2021.11.16.
Official: Minimum Wage Deal Ready to Be Signed Representatives of the government, employers, and employees are ready to sign an agreement on next year's minimum wage rises, Sándor... 2021.11.09.
