Compared with 2010, when the Orbán government entered power, the basic monthly minimum wage in Hungary has increased from 73,500 forints (EUR 180) to 200,000, and the minimum wage for...
The government has made it its priority to break with the practice of low minimum wages, to offer jobs rather than benefits, ensure that all those able to work have...
Hungary's economic growth is a "shared success" from which everybody, including pensioners, should benefit.
The government has offered to cut the rate on the small business tax (KIVA) from 11 to 10 percent.
Minister Varga and Parragh agreed that state assistance is needed to help small and medium-sized businesses cope with paying a higher minimum wage.
The agreement struck by unions, employers and government representatives contains a further hike from the middle of the year.
The VKF, a forum of employers unions, and the government agreed to raise the minimum wage for skilled and unskilled workers by 8 percent in both 2019 and 2020.
Both the minimum wage and the guaranteed minimum wage will increase by eight percent next year, under the 2019 and 2020 agreement signed at the end of last year.
Mihály Varga, minister of Finance, announced that wages will increase by a further 8 percent in 2020
The latest increase means that the Hungarian minimum wage would have more than doubled since the Socialist government was in power in 2009
Healthcare, law enforcement and public administration workers will receive pay rises, and the minimum wage will also be increased in 2019
Prime Minister Viktor Orbán has said that ''the new budget will be the working people's budget" which will include tax cuts and an increased minimum wage.
The government will spend 4.7 percent of GDP on family subsidies in 2017, a share unparalleled in Europe