Hungarian Opinion: Gov't To Abolish Income-Tax For Under-25s
- 25 Jan 2021 9:03 AM
A left-wing commentator accuses the Prime Minister of cynicism after he offered exemption from income tax to young Hungarians.
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European Investment Bank Lends Magyar Eximbank Euro 200 Million To Support Recovery
- 13 Jan 2021 10:35 AM
The European Investment Bank (EIB) said it will lend 200 million euros to Magyar Eximbank, creating a new credit line to support the faster recovery of Hungarian companies from the impact of the coronavirus crisis.
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Mayors Call On Gov't To Withdraw Decision Halving Local Business Tax
- 22 Dec 2020 7:46 AM
Budapest Mayor Gergely Karácsony and 37 mayors of Budapest districts and cities around Hungary demanded in a joint statement on Sunday that the government withdraw a decision on halving the local business tax.
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Tax Authority Raids Hungarian Security Companies
- 17 Dec 2020 9:01 AM
Agents of the tax authority NAV visited 30-40 security guard companies on Tuesday, and detained several executives, HVG reports.
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National Bank Of Hungary Sees GDP Shrinking This Year
- 16 Dec 2020 10:04 AM
The National Bank of Hungary (NBH) expects the economy to contract between 6.0% and 6.5% this year, forecasts from its latest quarterly Inflation Report show.
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Hungarian Central Bank Keeps Base Rate On Hold
- 16 Dec 2020 9:16 AM
Hungarian central bank (NBH) rate-setters kept the base rate on hold at 0.60% at a regular meeting. They also decided to leave the O/N deposit rate at -0.05% and the O/N and one-week collateralised loan rates at 1.85%.
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