Hungary Moves Up to 4th Place in EU VAT Compliance
- 19 Dec 2024 7:57 AM
Hungary has moved up to 4th place in the European Commission's VAT compliance gap ranking, Finance Minister Mihaly Varga said on Facebook.
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AutoWallis Hungary Issues Euro 20 Million Bond to Fund International Expansion
- 13 Dec 2024 8:30 AM
Listed car seller AutoWallis on Wednesday announced the issue of a EUR 20m, ten-year bond in a private placement.
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Updated: New Capital Programme Supporting SME's in Hungary to Launch with HUF 100 Billion in February
- 11 Dec 2024 6:11 AM
The Demjan Sandor Capital Programme, an element of the Demjan Sandor Programme for scaling up local SMEs, will launch with an allocation of HUF 100bn in February, the state secretary for SMEs announced.
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Non-Performing Loans at Hungarian Banks Falls Most in Region
- 11 Dec 2024 5:30 AM
The volume of non-performing loans at Hungarian banks fell by 9.5pc to EUR 4.2bn in the twelve months to the end of June, the largest decline among 17 countries in central, eastern and south-eastern Europe covered in a report by the European Bank for Reconstruction and Development (EBRD).
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Compulsory Vehicle Insurance in Hungary Close to HUF 58,000 on Average
- 10 Dec 2024 6:48 AM
Hungarian car owners paid almost HUF 58,000, on average, for their annual compulsory vehicle insurance premiums in the third quarter, 10pc more than in the same period a year earlier, a report by the National Bank of Hungary (NBH) shows.
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Budapest 'Can't Get Out of Paying Taxes', Says Hungarian Government
- 10 Dec 2024 6:35 AM
The Budapest municipality is going against the Constitutional Court's decision, which in October rejected Budapest's proposal that the solidarity tax the municipality was called on to pay to support poorer localities was unconstitutional, a state secretary of the finance ministry said.
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