1,836 result(s) for budget
June Budget Deficit In Hungary Lowest In 12 Years
- 8 Jul 2014 9:00 AM
- business
The budget deficit reached Ft 813.7 billion in the first half, equivalent to 82.6% of the year-end target, the Economy Ministry announced. The budget deficit was Ft 132 billion last month, the lowest June figure since 2002.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Hungary’s Fidesz Seeks To Close Ad Tax Loopholes
- 1 Jul 2014 9:00 AM
- current affairs
The law on the ad tax must be amended in order to close any loopholes and ensure nobody avoids paying the tax, according to ruling Fidesz party lawmaker László L Simon’s proposed law amendment, which will “prevent profit-making multinational media companies from avoiding tax by using their losses as excuse.”
E-PM Attacks Hungary’s New Development Minister Over Alleged “Shady” Company Registrations
- 30 Jun 2014 9:00 AM
- current affairs
The leftist opposition E-PM party has filed a complaint against Development Minister Miklós Seszták on suspicion of causing damage to the state budget. E-PM said, citing press reports, that Seszták as an attorney in 2000 had collaborated in the setup and later termination of hundreds of “phantom companies”, causing damage to the central budget.
Budapest General Assembly Approves Metro 3 Revamp
- 30 Jun 2014 6:00 AM
- getting around
An agreement on the preparation of preliminary plans for revamping Budapest’s metro line 3 was approved by the Budapest City Council general assembly today. The agreement earmarks 1.2 billion forints (EUR 3.9m) from the local council budget for the revamp and the northern extension of the line. The total costs of the construction this year are projected at 361 million forints.
Defence Minister Of Hungary Expects Protracted Conflict In Ukraine
- 30 Jun 2014 5:00 AM
- current affairs
Ukraine is involved in what will probably become a protracted conflict, to which both Hungary and NATO should give a response, Defence Minister Csaba Hende told the annual meeting of military, defence and air attaches. “The Ukrainian crisis has radically changed Europe’s security environment. Both Hungary, including its armed forces, and NATO should prepare for a protracted conflict.”
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
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.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.
June Budget Deficit In Hungary Lowest In 12 Years
- 8 Jul 2014 9:00 AM
- business
The budget deficit reached Ft 813.7 billion in the first half, equivalent to 82.6% of the year-end target, the Economy Ministry announced. The budget deficit was Ft 132 billion last month, the lowest June figure since 2002.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Hungary’s Fidesz Seeks To Close Ad Tax Loopholes
- 1 Jul 2014 9:00 AM
- current affairs
The law on the ad tax must be amended in order to close any loopholes and ensure nobody avoids paying the tax, according to ruling Fidesz party lawmaker László L Simon’s proposed law amendment, which will “prevent profit-making multinational media companies from avoiding tax by using their losses as excuse.”
E-PM Attacks Hungary’s New Development Minister Over Alleged “Shady” Company Registrations
- 30 Jun 2014 9:00 AM
- current affairs
The leftist opposition E-PM party has filed a complaint against Development Minister Miklós Seszták on suspicion of causing damage to the state budget. E-PM said, citing press reports, that Seszták as an attorney in 2000 had collaborated in the setup and later termination of hundreds of “phantom companies”, causing damage to the central budget.
Budapest General Assembly Approves Metro 3 Revamp
- 30 Jun 2014 6:00 AM
- getting around
An agreement on the preparation of preliminary plans for revamping Budapest’s metro line 3 was approved by the Budapest City Council general assembly today. The agreement earmarks 1.2 billion forints (EUR 3.9m) from the local council budget for the revamp and the northern extension of the line. The total costs of the construction this year are projected at 361 million forints.
Defence Minister Of Hungary Expects Protracted Conflict In Ukraine
- 30 Jun 2014 5:00 AM
- current affairs
Ukraine is involved in what will probably become a protracted conflict, to which both Hungary and NATO should give a response, Defence Minister Csaba Hende told the annual meeting of military, defence and air attaches. “The Ukrainian crisis has radically changed Europe’s security environment. Both Hungary, including its armed forces, and NATO should prepare for a protracted conflict.”
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
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.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.