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1,837 result(s) for budget

Budapest Mayor Holds Talks on EU Funding in Brussels

Budapest Mayor Holds Talks on EU Funding in Brussels

  • 17 Jun 2022 9:11 AM
  • current affairs
Budapest Mayor Gergely Karácsony recently travelled to Brussels for talks with European Commission representatives on European Union funding available to the Hungarian capital.
HUF 103 Billion Earmarked for Electricity Grid Development

HUF 103 Billion Earmarked for Electricity Grid Development

Hungary’s government has earmarked 103 billion forints (EUR 25.8m) for developing its electricity grid, the state secretary for energy and climate policy, Attila Steiner, told a press conference.
Hungarian Opposition Slams Draft Budget as 'Austerity Budget'

Hungarian Opposition Slams Draft Budget as 'Austerity Budget'

Opposition parties have slammed the Hungarian draft budget submitted on Tuesday as “an austerity budget”. Jobbik deputy leader Dániel Z. Kárpát said the budget contained austerity measures to the tune of 2,000 billion forints (EUR 5.1bn), “including indirect effects”.
Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

The cabinet has decided to set up a fund for protecting the cap on utility bills and is introducing a tax on extra profits to finance it, Márton Nagy, the minister of economic development, said in an interview to public radio on Sunday.
Retail Sales Climb 15.7% in April in Hungary

Retail Sales Climb 15.7% in April in Hungary

Retail sales in Hungary rose by an annual 15.7% in April, the Central Statistical Office (KSH) said on Friday. Adjusted for calendar year effects, retail sales climbed by 15.8%, showing double-digit growth for the second month in a row.
Wizz Air to Pass on Windfall Tax to Passengers

Wizz Air to Pass on Windfall Tax to Passengers

The windfall tax on airlines will hit Wizz Air particularly hard and slow down the recovery of the sector after heavy losses suffered during the pandemic, chairman Robert Carey told HVG.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

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.
Hungarian Opinion: PM Imposes Windfall Tax on ‘Extra Profits’

Hungarian Opinion: PM Imposes Windfall Tax on ‘Extra Profits’

A left-wing columnist believes the new exceptional powers under which the new taxes will be levied are motivated by an insatiable appetite for power, while his pro-government counterpart sees them as an attempt to serve social justice.
EU Launches Infringement Procedure Against Hungary Over Transposition of Anti-Fraud Regulation

EU Launches Infringement Procedure Against Hungary Over Transposition of Anti-Fraud Regulation

The European Commission said it launched an infringement procedure against Hungary, as well as Estonia, Malta and the Netherlands, because it did not “correctly transpose” European Union regulation on the fight against fraud affecting the EU budget.
Budapest Mayor Holds Talks on EU Funding in Brussels

Budapest Mayor Holds Talks on EU Funding in Brussels

  • 17 Jun 2022 9:11 AM
  • current affairs
Budapest Mayor Gergely Karácsony recently travelled to Brussels for talks with European Commission representatives on European Union funding available to the Hungarian capital.
HUF 103 Billion Earmarked for Electricity Grid Development

HUF 103 Billion Earmarked for Electricity Grid Development

Hungary’s government has earmarked 103 billion forints (EUR 25.8m) for developing its electricity grid, the state secretary for energy and climate policy, Attila Steiner, told a press conference.
Hungarian Opposition Slams Draft Budget as 'Austerity Budget'

Hungarian Opposition Slams Draft Budget as 'Austerity Budget'

Opposition parties have slammed the Hungarian draft budget submitted on Tuesday as “an austerity budget”. Jobbik deputy leader Dániel Z. Kárpát said the budget contained austerity measures to the tune of 2,000 billion forints (EUR 5.1bn), “including indirect effects”.
Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

The cabinet has decided to set up a fund for protecting the cap on utility bills and is introducing a tax on extra profits to finance it, Márton Nagy, the minister of economic development, said in an interview to public radio on Sunday.
Retail Sales Climb 15.7% in April in Hungary

Retail Sales Climb 15.7% in April in Hungary

Retail sales in Hungary rose by an annual 15.7% in April, the Central Statistical Office (KSH) said on Friday. Adjusted for calendar year effects, retail sales climbed by 15.8%, showing double-digit growth for the second month in a row.
Wizz Air to Pass on Windfall Tax to Passengers

Wizz Air to Pass on Windfall Tax to Passengers

The windfall tax on airlines will hit Wizz Air particularly hard and slow down the recovery of the sector after heavy losses suffered during the pandemic, chairman Robert Carey told HVG.
Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

Windfall Taxes ‘Not Expected to Burden Consumers’ in Hungary, Claims Minister

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.
Hungarian Opinion: PM Imposes Windfall Tax on ‘Extra Profits’

Hungarian Opinion: PM Imposes Windfall Tax on ‘Extra Profits’

A left-wing columnist believes the new exceptional powers under which the new taxes will be levied are motivated by an insatiable appetite for power, while his pro-government counterpart sees them as an attempt to serve social justice.
EU Launches Infringement Procedure Against Hungary Over Transposition of Anti-Fraud Regulation

EU Launches Infringement Procedure Against Hungary Over Transposition of Anti-Fraud Regulation

The European Commission said it launched an infringement procedure against Hungary, as well as Estonia, Malta and the Netherlands, because it did not “correctly transpose” European Union regulation on the fight against fraud affecting the EU budget.