ADVERTISEMENT

Hungary needs work-centered labor code, says PM

Visits

Hungary needs a work-centered labor code that protects workplaces, supports job creation, offers a defense to employees and contributes to the appreciation of work, to the esteem of physical labor, Prime Minister Viktor Orbán said after a meeting with representatives of businesses and unions.

Hungary's new labor code is necessary because the current one does not help the country keep the employment rate at an acceptable level or maintain respect for work, Orbán said.

Orbán said he accepted employers' and unions' stand on allowing nobody's income to fall because of the restructuring of the tax system. The government will finalize a possible solution for this on September 28, he added.

István Gaskó, head of unions association Liga, called the talks "fruitful" and "valuable".

Sándor Demján, head of business association VOSZ, said employers supported strong unions and were interested in a reconciliation of interests and regular dialogue.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.