Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Hungary to Cut State Jobs, Freeze Wages Until 2015, Hirlap Says

Sept. 14 (Bloomberg) -- Hungary is planning to cut several thousand jobs at state institutions and local councils and seeks to freeze public-sector wages through 2015, Magyar Hirlap said, citing unidentified people in the government.

The measures are aimed at narrowing next year’s budget deficit to 2.2 percent of gross domestic product, according to the Budapest-based newspaper.

To contact the reporter on this story: Edith Balazs in Budapest at ebalazs1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.