Hungary’s PM Orbán: FX Conversion Urgent, Internet Tax Off Agenda

  • 5 Nov 2014 8:00 AM
Hungary’s PM Orbán: FX Conversion Urgent, Internet Tax Off Agenda
The new draft law on fair banking seeks to protect borrowers, Prime Minister Viktor Orbán said, adding that converting foreign currency loans into forint ones was a matter of urgency. After a meeting of the Fidesz- KDNP parliamentary group, Orbán said that the group had put forward a proposal for a bill on fair banking and the cabinet would consider it on Wednesday.

Orbán confirmed that the government has taken the earlier planned extension of the telecommunications tax to internet service providers off the agenda.

Asked whether a tax on internet usage could be introduced next year, Orbán said: “I think not”.

He said it was only a “legal technicality” on which day the related motion would be submitted to parliament.

He added that all internet service providers in Hungary had expressed disagreement over the flagged tax.

Source www.hungarymatters.hu

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