Sat 13 September 2025
Warszawa (PL)
17/13°C
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| 21 | 23 | 24 | 21 | 21 |
Sat 13 September 2025
Praha (CZ)
13/9°C
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| 23 | 21 | 23 | 21 | 24 |
Sat 13 September 2025
Bratislava (SK)
17/15°C
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| 23 | 25 | 24 | 19 | 23 |
Sat 13 September 2025
Budapest (HU)
20/15°C
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| 24 | 26 | 25 | 19 | 24 |
FinMin: Hungary wage costs cut the most in EU
January 26th, 2022
Over the past decade, Hungary has reduced wage-related costs to the greatest extent in the European Union, Finance Minister Mihaly Varga said in a Facebook post on Wednesday, citing Eurostat data. This year, Hungary has slashed employers' taxes by a total of 600 billion forints (EUR 1.7bn), likely retaining first place among EU member states' top tax cutters in 2022, he said. A graph in Varga's post shows wage-related costs fell by 9.5 percentage points in Hungary between 2009 and 2020. in Portugal, they grew the most, by 5 percentage points, the graph showed.
MTI