2,399 result(s) for billion forint
Govt Programme Worth HUF 9BN To Promote IT Skills Among Adults
- 15 Apr 2016 9:00 AM
- tech
The economy ministry will use a budget of nearly 9 billion forints (EUR 28.9m) to launch a programme designed to improve the digital literacy of Hungary’s adult population, state secretary István Lepsényi told a conference.
Lázár: EC Forcing Migrant Quotas Onto Member States
- 15 Apr 2016 9:00 AM
- current affairs
Government office chief János Lázár said the European Commission was attempting to force mandatory migrant quotas onto member states but Hungarian Prime Minister Viktor Orbán is looking for political allies against the plan. At a regular government press briefing Lázár noted that Hungary has challenged the mandatory quota scheme at the European Court of Justice and that Poland has joined the ...
DK Asks EU To Probe Contested Health Care Procurements
- 14 Apr 2016 9:00 AM
- health & wellness
The opposition Democratic Coalition is asking the European Union to assess procurements in the health-care sector that sparked a competition office investigation for suspected cartel activity, the party’s deputy leader said. A total of 25 procurements involving mostly X-ray equipment cost 9 billion forints (EUR 29m) net, but according to information acquired by DK their real value is around 4-4.5 ...
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
Orbán Inaugurates Sports Facilities In Szolnok, Miskolc
- 11 Apr 2016 9:00 AM
- sport
Prime Minister Viktor Orbán participated at the inauguration of the Tiszaliget Stadium in Szolnok, central Hungary, on Saturday. Rebuilding the stadium cost more than 2 billion forints (EUR 6.4m), of which 600 million was covered by the local football club, 400 million by the state and the rest through corporate sponsorship linked to tax preferences, Orbán said.
Lázár: Referendum On EU Migrant Quota Scheme “Decisive”
- 8 Apr 2016 9:00 AM
- current affairs
In light of the European Commission’s recent package of proposals on reforming the EU’s refugee laws, the national referendum initiated in Hungary on the mandatory migrant relocation quota system will be “decisive”, the government office chief told a regular government news briefing.
Opposition Parties Press For Measures Against Offshore Business
- 5 Apr 2016 9:00 AM
- current affairs
Hungarian opposition parties have urged the government to take measures in light of the international offshore scandal dubbed “Panama Papers”. The radical nationalist Jobbik party insisted that lawmakers with ties to offshore companies should be stripped of their mandates. MPs should sign affidavits that they have no ties with offshore companies, Jobbik lawmaker György Szilágyi said.
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
Xpat Opinion: Brussels Suspends Social Infrastructure Fund Payments
- 30 Mar 2016 9:00 AM
- business
As the European Commission decides to withhold structural funds, a left-wing commentator fears that Hungarian taxpayers will have to pay billions of Forints if the projects are rejected by the EU.
Govt Programme Worth HUF 9BN To Promote IT Skills Among Adults
- 15 Apr 2016 9:00 AM
- tech
The economy ministry will use a budget of nearly 9 billion forints (EUR 28.9m) to launch a programme designed to improve the digital literacy of Hungary’s adult population, state secretary István Lepsényi told a conference.
Lázár: EC Forcing Migrant Quotas Onto Member States
- 15 Apr 2016 9:00 AM
- current affairs
Government office chief János Lázár said the European Commission was attempting to force mandatory migrant quotas onto member states but Hungarian Prime Minister Viktor Orbán is looking for political allies against the plan. At a regular government press briefing Lázár noted that Hungary has challenged the mandatory quota scheme at the European Court of Justice and that Poland has joined the ...
DK Asks EU To Probe Contested Health Care Procurements
- 14 Apr 2016 9:00 AM
- health & wellness
The opposition Democratic Coalition is asking the European Union to assess procurements in the health-care sector that sparked a competition office investigation for suspected cartel activity, the party’s deputy leader said. A total of 25 procurements involving mostly X-ray equipment cost 9 billion forints (EUR 29m) net, but according to information acquired by DK their real value is around 4-4.5 ...
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
Orbán Inaugurates Sports Facilities In Szolnok, Miskolc
- 11 Apr 2016 9:00 AM
- sport
Prime Minister Viktor Orbán participated at the inauguration of the Tiszaliget Stadium in Szolnok, central Hungary, on Saturday. Rebuilding the stadium cost more than 2 billion forints (EUR 6.4m), of which 600 million was covered by the local football club, 400 million by the state and the rest through corporate sponsorship linked to tax preferences, Orbán said.
Lázár: Referendum On EU Migrant Quota Scheme “Decisive”
- 8 Apr 2016 9:00 AM
- current affairs
In light of the European Commission’s recent package of proposals on reforming the EU’s refugee laws, the national referendum initiated in Hungary on the mandatory migrant relocation quota system will be “decisive”, the government office chief told a regular government news briefing.
Opposition Parties Press For Measures Against Offshore Business
- 5 Apr 2016 9:00 AM
- current affairs
Hungarian opposition parties have urged the government to take measures in light of the international offshore scandal dubbed “Panama Papers”. The radical nationalist Jobbik party insisted that lawmakers with ties to offshore companies should be stripped of their mandates. MPs should sign affidavits that they have no ties with offshore companies, Jobbik lawmaker György Szilágyi said.
Top Court Says NBH Data Disclosure Amendments Unconstitutional
- 1 Apr 2016 9:00 AM
- business
Hungary’s Constitutional Court has ruled that amendments to the law governing the central bank that give the National Bank of Hungary the legal power to decline public information requests concerning companies that support its activities, or to classify such information with retroactive effect, are unconstitutional. In its ruling the top court noted that the central bank does a public service and ...
Xpat Opinion: Brussels Suspends Social Infrastructure Fund Payments
- 30 Mar 2016 9:00 AM
- business
As the European Commission decides to withhold structural funds, a left-wing commentator fears that Hungarian taxpayers will have to pay billions of Forints if the projects are rejected by the EU.















