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Hungary’s progressive tax on retailers in Hungary is compatible with European Union rules, a Court of Justice of the European Union (CJEU) advocate general has said.
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Moody’s Investors Service changed the outlook on Hungary’s banking system to stable from positive.
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Hungary’s April trade surplus was revised up to 245 million euros from 228 million euros, in a second reading of data released by the Central Statistical Office (KSH) on Tuesday.
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The average gross monthly wage for full-time workers in Hungary rose by an annual 9.0 to 371,131 forints (EUR 1,150) in April, the Central Statistical Office (KSH) said.
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Some 46% of Hungarians are cash users by habit although they are aware of available electronic payment options, the Association of Electronic Payment Service Providers found in a survey.
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Lawmakers approved a bill on pushing back the deadline for complying with stricter rules on identifying account ownership from June 26 to October 31.
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