The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: Maurice Winn who wrote (1613)	12/25/2018 6:33:02 AM
From: elmatador	Read Replies (1) of 13794

Look Hungary. they want to pay more to workers. Hungary attracted a lot of business with low corporate taxes. Now they do not have enough manpower. As a result, Hungarians are paying the price of not accepting immigrants. Hungarian president Janos Ader has passed a new law that nearly doubles how much overtime employees can work. The law boosts the overtime employers can demand from 250 to 400 hours, while payment can be delayed by three years. Mr Ader said employees must give written consent and wouldn't be penalised for refusing extra hours. It comes after days of protests in Hungary against the so-called 'slave law,' which Hungary's parliament approved on 12 December. "I studied the changes to the labour law, and its provisions do not run contrary to the constitution," Mr Ader said in a statement. He also argued that the terms of the new law were no more strict that labour regulations in other comparable EU countries https://www.bbc.com/news/world-europe-46637216

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