Hungarian Government Measures Encourage Use Of Cash
- 15 Jan 2020 9:17 AM
The amount of cash in circulation at the end of 2019 stood at Ft 6.627 trillion, up by 8.3% from the beginning of the year, the MNB announced on Tuesday.
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Household Gas In Budapest Remains Cheaper Than In Other European Capitals
- 13 Jan 2020 9:16 AM
Household gas prices in Budapest remained lower than in any other European capital in the first half of last year, according to data from Eurostat.
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Hungarian Banks Call For End To Transaction Tax
- 8 Jan 2020 11:35 AM
The Bank Association yesterday called for the abolition of the transaction tax before the new instant payment system becomes operative on March 2.
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Tax Burden To Decrease Further In Hungary
- 2 Jan 2020 7:34 AM
The government has managed to simultaneously reduce the tax burden while increasing revenues this year, and this additional money is being ploughed into new measures under the family protection action plan as well providing coverage for new tax cuts, a finance ministry official has said in an interview.
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Old HUF 10,000 Notes No Longer Valid
- 31 Dec 2019 9:38 AM
From January 1, 2020 the old Ft 10,000 banknote ceases to be legal tender, HVG recalls, warning consumers that these notes cannot be used after December 31.
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Minimum Wage To Rise 8% Next Year In Hungary
- 31 Dec 2019 9:12 AM
The minimum wages for both skilled and unskilled workers will rise by 8% next year, in line with an agreement reached a year earlier between unions, employers and the government, Finance Minister Mihály Varga has announced.
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