196 result(s) for mihály varga in Business
Economy Minister Rules Out New Tax In Hungary
- 20 Mar 2017 10:00 AM
- business
Unlike the opposition parties, the government is not mulling introducing any new tax, the economy minister said in an interview published by daily Magyar Idők on Monday. Mihály Varga reacted to the recent announcement of the Socialists of a policy aimed at a “more fair sharing of the public burdens”.
Breweries For VAT Cut On Draught Beer
- 16 Mar 2017 8:12 AM
- business
President Attila Schillinger of the Brewery Association and chairman Zsolt Gyenge of the Craft Beer Makers Association have asked Economy Minister Mihály Varga to lower the 27% VAT on draught beer to 18%.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Govt, Bank Of China Sign Strategic Cooperation Pact
- 24 Jan 2017 8:50 AM
- business
Hungary’s government and Bank of China (BoC) have concluded a strategic cooperation agreement. The document was signed by state secretary of foreign affairs and trade László Szabó and BoC Chairman Tian Guoli in Budapest in the presence of Prime Minister Viktor Orbán.
Hungary Hopes To Attract Further Asian Investors
- 17 Jan 2017 7:42 AM
- business
Foreign businesses have shown steady interest in investing in Hungary due to its economic growth, political stability and economic regulations, the economy minister told the 10th Asian Financial Forum in Hong Kong. Mihály Varga expressed hope that many more companies would choose Hungary as their European headquarters, the economy ministry said.
State To Award Support To A Further 35 Large Companies
- 16 Jan 2017 8:40 AM
- business
The government has decided to award non-refundable support worth just over 24 billion forints (EUR 78m) to 35 major domestic companies, Mihály Varga, the economy minister, told a news conference on Friday. The support will lead to developments worth 60 billion forints, creating 1,147 jobs in the country, Varga said.
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Hungarian-British Economic Relations Must Be Safeguarded & Strengthened
- 14 Dec 2016 7:20 AM
- business
It is Hungary’s best interest to keep relations as tight as possible between the United Kingdom and the European Union after the Brexit, Minister for National Economy Mihály Varga said after having received EU Chief Negotiator Michel Barnier in the Hungarian Parliament.
Economy Minister Rules Out New Tax In Hungary
- 20 Mar 2017 10:00 AM
- business
Unlike the opposition parties, the government is not mulling introducing any new tax, the economy minister said in an interview published by daily Magyar Idők on Monday. Mihály Varga reacted to the recent announcement of the Socialists of a policy aimed at a “more fair sharing of the public burdens”.
Breweries For VAT Cut On Draught Beer
- 16 Mar 2017 8:12 AM
- business
President Attila Schillinger of the Brewery Association and chairman Zsolt Gyenge of the Craft Beer Makers Association have asked Economy Minister Mihály Varga to lower the 27% VAT on draught beer to 18%.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Govt, Bank Of China Sign Strategic Cooperation Pact
- 24 Jan 2017 8:50 AM
- business
Hungary’s government and Bank of China (BoC) have concluded a strategic cooperation agreement. The document was signed by state secretary of foreign affairs and trade László Szabó and BoC Chairman Tian Guoli in Budapest in the presence of Prime Minister Viktor Orbán.
Hungary Hopes To Attract Further Asian Investors
- 17 Jan 2017 7:42 AM
- business
Foreign businesses have shown steady interest in investing in Hungary due to its economic growth, political stability and economic regulations, the economy minister told the 10th Asian Financial Forum in Hong Kong. Mihály Varga expressed hope that many more companies would choose Hungary as their European headquarters, the economy ministry said.
State To Award Support To A Further 35 Large Companies
- 16 Jan 2017 8:40 AM
- business
The government has decided to award non-refundable support worth just over 24 billion forints (EUR 78m) to 35 major domestic companies, Mihály Varga, the economy minister, told a news conference on Friday. The support will lead to developments worth 60 billion forints, creating 1,147 jobs in the country, Varga said.
Hungary Could Need EUR 3.8 Bn New Borrowing In 2017
- 29 Dec 2016 7:00 AM
- business
The gross financing requirement for 2017 of the Hungarian state will be 7.844 trillion forints (EUR 25.4bn); of this amount, 1.166 trillion forints will represent new borrowing while 6.678 trillion forints will be needed for credit renewals, Economy Minister Mihály Varga and Government Debt Management Agency (AKK) CEO György Barcza announced at a press conference on Wednesday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Hungarian-British Economic Relations Must Be Safeguarded & Strengthened
- 14 Dec 2016 7:20 AM
- business
It is Hungary’s best interest to keep relations as tight as possible between the United Kingdom and the European Union after the Brexit, Minister for National Economy Mihály Varga said after having received EU Chief Negotiator Michel Barnier in the Hungarian Parliament.