Hungarian Conservative

Tag: minimum wage

A sustained and substantial improvement in earnings started in 2013 in Hungary. In that year the country managed to repay its previous IMF loan, giving the government more freedom to
Hungary’s economy expanded by 0.9 per cent in the third quarter of this year compared with the previous quarter, adjusted data show, and contracted by 0.4 per cent year on
Talks between the government and trade unions have started, with union leaders aiming for a 15–20 per cent increase of the minimum wage in 2023.