289 result(s) for budget cut
LMP To Submit Bills Cutting Off Oligarchs From “Public Money Taps”
- 2 May 2017 9:00 AM
- current affairs
Opposition LMP will submit bills to parliament to prevent “a few hand-picked oligarchs” from getting a big chunk of Hungary’s public money, the party’s spokesman for economic policy said on Saturday.
EC Shares Hungary’s Stand On Internet Services VAT, Says Commissioner
- 27 Apr 2017 11:00 AM
- tech
The European Commission is expected to allow member states to assign preferential VAT rates to internet services, too, Hungary’s commissioner for digital welfare said in an interview published in Thursday’s issue of business daily Világgazdaság.
Economy Minister Rules Out New Tax In Hungary
- 20 Mar 2017 10:00 AM
- business
Unlike the opposition parties, the government is not mulling introducing any new tax, the economy minister said in an interview published by daily Magyar Idők on Monday. Mihály Varga reacted to the recent announcement of the Socialists of a policy aimed at a “more fair sharing of the public burdens”.
Second Fence To Be Built Along Hungary-Serbia Border
- 24 Feb 2017 7:00 AM
- current affairs
The government has decided to build a “secondary line of defence” along Hungary’s fence on its southern border with Serbia, János Lázár, government office chief told his weekly press briefing. Lázár argued that a “significant number” of illegal migrants could arrive in Hungary in 2017.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
Radical Nationalist Jobbik Leader Vona: Year 2016 Unsuccessful For Hungary
- 22 Dec 2016 8:00 AM
- current affairs
The year 2016 has been a bad one for Hungary, radical nationalist Jobbik leader Gábor Vona said. The government has failed to solve any of the country’s serious problems, including improving health care and education, obliterating corruption or reversing the emigration of Hungarians, Vona told a press conference assessing 2016.
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
LMP To Submit Bills Cutting Off Oligarchs From “Public Money Taps”
- 2 May 2017 9:00 AM
- current affairs
Opposition LMP will submit bills to parliament to prevent “a few hand-picked oligarchs” from getting a big chunk of Hungary’s public money, the party’s spokesman for economic policy said on Saturday.
EC Shares Hungary’s Stand On Internet Services VAT, Says Commissioner
- 27 Apr 2017 11:00 AM
- tech
The European Commission is expected to allow member states to assign preferential VAT rates to internet services, too, Hungary’s commissioner for digital welfare said in an interview published in Thursday’s issue of business daily Világgazdaság.
Economy Minister Rules Out New Tax In Hungary
- 20 Mar 2017 10:00 AM
- business
Unlike the opposition parties, the government is not mulling introducing any new tax, the economy minister said in an interview published by daily Magyar Idők on Monday. Mihály Varga reacted to the recent announcement of the Socialists of a policy aimed at a “more fair sharing of the public burdens”.
Second Fence To Be Built Along Hungary-Serbia Border
- 24 Feb 2017 7:00 AM
- current affairs
The government has decided to build a “secondary line of defence” along Hungary’s fence on its southern border with Serbia, János Lázár, government office chief told his weekly press briefing. Lázár argued that a “significant number” of illegal migrants could arrive in Hungary in 2017.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Economic Research Institute Raises Hungary 2017 GDP Growth Forecast To 3.6 Pc
- 22 Dec 2016 9:00 AM
- business
Economic research institute Századvég on Tuesday raised its projection for economic growth in Hungary for 2017 to 3.6 percent from 3.2 percent it forecast in September. The think-tank said in its forecast that next year’s growth rate will be lifted by the recently-approved payroll tax cut as well as minimum wage increases for both skilled and unskilled workers.
Radical Nationalist Jobbik Leader Vona: Year 2016 Unsuccessful For Hungary
- 22 Dec 2016 8:00 AM
- current affairs
The year 2016 has been a bad one for Hungary, radical nationalist Jobbik leader Gábor Vona said. The government has failed to solve any of the country’s serious problems, including improving health care and education, obliterating corruption or reversing the emigration of Hungarians, Vona told a press conference assessing 2016.
Pensions In Hungary To Rise By 1.6pc In 2017
- 30 Nov 2016 10:17 AM
- current affairs
Pensions will rise by 1.6 percent next year and each pensioner will receive an end-of-year bonus of 10,000 forints in Erzsébet vouchers, Prime Minister Viktor Orbán said after a meeting of the Seniors’ Council on Tuesday.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.














