14 result(s) for banking revenue in Current Affairs
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister
- 27 May 2022 9:31 AM
- hungarymatters.hu
- current affairs
The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Opposition Parties Comment on Windfall Taxes in Hungary
- 27 May 2022 8:38 AM
- hungarymatters.hu
- current affairs
Parties of the opposition have criticised the government for its Wednesday decision to make certain large companies pay a part of their extra profits to a new public utility cut fund and a defence fund.
Book Sector Looks For State Help
- 18 Jan 2017 7:40 AM
- current affairs
The government should step in to help the retail book market ahead of the potential collapse of bookstore chain Alexandra, a leading publisher said yesterday.
Gyurcsány Wins Legal Case Against PM Orbán
- 2 May 2016 9:00 AM
- current affairs
Altus Zrt., Ferenc Gyurcsány's company, sued Viktor Orbán because in May 2015 Orbán claimed that Altus is a bogus company created for the sole purpose of generating revenue from the European Union to finance Gyurcsány's party, the Democratic Coalition - Hungarian Spectrum reported. Orbán has to openly express his regret for ever having made such a statement.
Hungarian PM’s Office: Independent Consultants Say Paks 2 Profitable
- 23 Dec 2015 8:00 AM
- current affairs
Independent international consultants have said that the upgrade of the Paks nuclear power plant is a profitable project, the Prime Minister’s Office said. The office noted that after two years of consultations with the European Commission, on November 23 the European Union’s executive body launched an in-depth investigation into Hungary’s plan to provide financing for the upgrade of the plant to ...
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister
- 27 May 2022 9:31 AM
- hungarymatters.hu
- current affairs
The new windfall taxes imposed on banks, insurers, retail chains, energy companies, telcos and airlines are not expected to burden consumers because the measure only taxes companies’ extra profits, Márton Nagy, the new minister for economic development, told a press briefing on Thursday.
Opposition Parties Comment on Windfall Taxes in Hungary
- 27 May 2022 8:38 AM
- hungarymatters.hu
- current affairs
Parties of the opposition have criticised the government for its Wednesday decision to make certain large companies pay a part of their extra profits to a new public utility cut fund and a defence fund.
Book Sector Looks For State Help
- 18 Jan 2017 7:40 AM
- current affairs
The government should step in to help the retail book market ahead of the potential collapse of bookstore chain Alexandra, a leading publisher said yesterday.
Gyurcsány Wins Legal Case Against PM Orbán
- 2 May 2016 9:00 AM
- current affairs
Altus Zrt., Ferenc Gyurcsány's company, sued Viktor Orbán because in May 2015 Orbán claimed that Altus is a bogus company created for the sole purpose of generating revenue from the European Union to finance Gyurcsány's party, the Democratic Coalition - Hungarian Spectrum reported. Orbán has to openly express his regret for ever having made such a statement.
Hungarian PM’s Office: Independent Consultants Say Paks 2 Profitable
- 23 Dec 2015 8:00 AM
- current affairs
Independent international consultants have said that the upgrade of the Paks nuclear power plant is a profitable project, the Prime Minister’s Office said. The office noted that after two years of consultations with the European Commission, on November 23 the European Union’s executive body launched an in-depth investigation into Hungary’s plan to provide financing for the upgrade of the plant to ...
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.