HUF/EUR Price & Performance (HUFEUR)

The Euro strengthened against the Pound as Germany's industrial production exceeded expectations, growing by 2% in January. This positive performance bolstered the Eurozone's largest economy, continuing a strong streak for the Euro. Meanwhile, the Pound faced pressure amid global trade tensions and limited UK economic data.1

Belgium has implemented new minimum salary thresholds for foreign work permits effective January 1, 2025. In Flanders, executives now require EUR 78,259 annually, while in Wallonia, the threshold for highly skilled workers increased to EUR 51,613. Employers must ensure compliance for new and renewal applications.2

The Netherlands announced higher minimum salary levels for work permits starting January 1, 2025. For example, highly skilled migrants over 30 must earn EUR 5,688 monthly, up from EUR 5,331. These changes aim to align salaries with market standards and ensure compliance in new and renewal applications.2