Hungary Wages Grow 8.9% in August
- 1 Nov 2021 11:25 AM
Wage growth in Hungary quickened to an annual 8.9% in August from 7.9% in the previous month, the Central Statistical Office (KSH) said on Friday.
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Hungarian Gov’t Offers Bigger Tax Cut in Minimum Wage Talks
- 28 Oct 2021 7:28 AM
The government is ready to cut the small company tax from 11% to 10% in order to reach an agreement on increasing the minimum wage to Ft 200,000 per month, Innovation and Technology Minister László Palkovics said after negotiations on Wednesday.
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Hungary Budget Deficit 2,292 Billion at End September, Says Finance Minister
- 23 Oct 2021 6:22 AM
Hungary’s cash-flow budget deficit, excluding local councils, was 2,292 billion forints (EUR 6.3bn) at the end of September, the finance ministry confirmed in a detailed reading of data on Friday.
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IMF Confirms GDP Growth, Inflation Forecast for Hungary
- 21 Oct 2021 6:32 AM
The Hungarian economy is expected to grow at the third fastest rate in the European Union this year, the International Monetary Fund (IMF) confirmed in its revised regional growth forecast.
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Hungarian Central Bank Raises Base Rate to 1.8 %
- 20 Oct 2021 7:45 AM
The MNB monetary council increased the base rate from 1.65% to 1.8% at its meeting on Tuesday, in line with expectations.
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EU Allows Hungary to Maintain Two Tax Measures Until 2024
- 14 Oct 2021 6:08 AM
Hungary has been granted a derogation from European Union rules for two tax measures until the end of 2024, state secretary for tax affairs Norbert Izer said in a statement.
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