5,803 result(s) for bill
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Govt To Finance Electric Buses For Budapest
- 16 Dec 2015 8:00 AM
- getting around
The economy minister signed a financing agreement with Budapest’s public transport company BKV, under which 20 Hungarian-made electric midibuses and the necessary charger technology will be purchased. Addressing the ceremony, Mihály Varga hailed the beginning of a “new era” in the city’s transport, benefiting “the people of Budapest, Hungarian industry and busmaking”.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Traffic Surveillance System In Hungary To Be Completed By Year-End
- 16 Dec 2015 8:00 AM
- getting around
Hungary’s intelligent traffic surveillance system is set to be installed by the end of the year, the deputy national police chief said. The network dubbed “Véda” was financed in part by 14.5 billion forints (EUR 46m) of EU funds and will include 160 mobile speed cameras and 365 complex traffic control points on a total of 134 roads, Zsolt Halmosi told a press conference.
Vast Majority Of Hungarians Reject Stadium Spending
- 15 Dec 2015 8:00 AM
- current affairs
Four-fifths of Hungarians would like to see the government spend less money on football stadiums, Socialist Party executive committee member Balázs Bárány told reporters on Monday, citing a new survey. In all, 77% of respondents to a survey by the Publicus Institute commissioned by Vasárnapi Hírek said they have never been to a first division football game, and 88% do not plan to do so.
Hungary’s Foreign Minister: Eastern Partnership, Protection Of External Borders Priorities
- 15 Dec 2015 8:00 AM
- current affairs
The European Union needs to pay increased focus on its neighbours because instability in partner countries could pose a significant hazard for Europe, Foreign Minister Péter Szijjártó said during a meeting with his EU counterparts in Brussels. Protection of the external borders of the community is a shared cause, he said, and urged a “much firmer” stance. Concerning the Eastern Partnership ...
Budapest To Spend ‘Necessary Amount’ Of A Rising Revenue Share On Public Transport
- 15 Dec 2015 8:00 AM
- getting around
The share of the Budapest municipality in revenues will increase at the expense of the capital’s 23 districts but it will have to spend “the necessary amount” rather than a specified ratio of its dues on providing public transport services under a bill of amendment submitted by the government to parliament. The proposal is in the same bill as a proposed cut of the VAT on home construction, which ...
Christmas Fair At Basilica In Budapest
- 13 Dec 2015 6:55 AM
- community & culture
During the Advent fair on Saint Stephen’s Square, the area of the Basilica is turning into a magical festive quarter. From the last weekend of November visitors may enter this joyful world decorated with Christmas lights. Here the festive ambience of the 5-week long Christmas preparation is ensured by almost 200 programmes, the handicrafts of 80 vendors and the international food and drink ...
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
Xpat Opinion: Laughable Hungarian Legislation Is Not Funny
- 16 Dec 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: The appearance of corruption has long been a problem for this government, but in the first week of December, officials were so blatant in their efforts to circumvent scrutiny that it was almost humorous. In truth, the way these maneuvers destroy trust in our leadership is not very funny.
Govt To Finance Electric Buses For Budapest
- 16 Dec 2015 8:00 AM
- getting around
The economy minister signed a financing agreement with Budapest’s public transport company BKV, under which 20 Hungarian-made electric midibuses and the necessary charger technology will be purchased. Addressing the ceremony, Mihály Varga hailed the beginning of a “new era” in the city’s transport, benefiting “the people of Budapest, Hungarian industry and busmaking”.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Traffic Surveillance System In Hungary To Be Completed By Year-End
- 16 Dec 2015 8:00 AM
- getting around
Hungary’s intelligent traffic surveillance system is set to be installed by the end of the year, the deputy national police chief said. The network dubbed “Véda” was financed in part by 14.5 billion forints (EUR 46m) of EU funds and will include 160 mobile speed cameras and 365 complex traffic control points on a total of 134 roads, Zsolt Halmosi told a press conference.
Vast Majority Of Hungarians Reject Stadium Spending
- 15 Dec 2015 8:00 AM
- current affairs
Four-fifths of Hungarians would like to see the government spend less money on football stadiums, Socialist Party executive committee member Balázs Bárány told reporters on Monday, citing a new survey. In all, 77% of respondents to a survey by the Publicus Institute commissioned by Vasárnapi Hírek said they have never been to a first division football game, and 88% do not plan to do so.
Hungary’s Foreign Minister: Eastern Partnership, Protection Of External Borders Priorities
- 15 Dec 2015 8:00 AM
- current affairs
The European Union needs to pay increased focus on its neighbours because instability in partner countries could pose a significant hazard for Europe, Foreign Minister Péter Szijjártó said during a meeting with his EU counterparts in Brussels. Protection of the external borders of the community is a shared cause, he said, and urged a “much firmer” stance. Concerning the Eastern Partnership ...
Budapest To Spend ‘Necessary Amount’ Of A Rising Revenue Share On Public Transport
- 15 Dec 2015 8:00 AM
- getting around
The share of the Budapest municipality in revenues will increase at the expense of the capital’s 23 districts but it will have to spend “the necessary amount” rather than a specified ratio of its dues on providing public transport services under a bill of amendment submitted by the government to parliament. The proposal is in the same bill as a proposed cut of the VAT on home construction, which ...
Christmas Fair At Basilica In Budapest
- 13 Dec 2015 6:55 AM
- community & culture
During the Advent fair on Saint Stephen’s Square, the area of the Basilica is turning into a magical festive quarter. From the last weekend of November visitors may enter this joyful world decorated with Christmas lights. Here the festive ambience of the 5-week long Christmas preparation is ensured by almost 200 programmes, the handicrafts of 80 vendors and the international food and drink ...
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.