2,018 result(s) for cut
Report: VAT Decrease On Pork Causes Panic In Poultry Sector
- 3 Feb 2016 8:00 AM
- shopping
Hungary’s poultry producers are in a panic as the cut to the VAT rate on pork from 27% to 5% as of January 1 has led to a significant drop in demand for poultry meat, and other food sectors are lobbying for similar VAT decreases, Hungarian economic daily Világgazdaság reported today.
Construction Materials Market Expects Boom In Wake Of VAT Cut
- 30 Jan 2016 8:00 AM
- shopping
Hungary’s recent cutting the VAT on construction from 27% to 5 will result in “another boom” in the materials market, daily Magyar Idők said. The paper added, however, that a lack of skilled labour in construction could have negative impacts. Győző Vidor, head of the national construction materials federation (Méasz), said that the VAT cut may take another year to have spectacular results.
Hungary’s Opposition Lambasts Government’s Public Administration Reform
- 26 Jan 2016 8:00 AM
- current affairs
The government’s plans to restructure public administration would result in centralisation and austerity rather than in reduced bureaucracy, said a spokesman for the green opposition LMP party. If it comes to reducing bureaucracy, the government had better start the job at home, Ákos Csarnó said.
Hungarian Socialists Call For Boycott Against News Portal
- 26 Jan 2016 8:00 AM
- current affairs
The Socialist Party has called on the government to cancel all advertising agreements with online news portal 888.hu over an article the website published on Socialist leader József Tóbiás’s wife and daughter on Saturday.
Xpat Opinion: Government Announces Plans To Streamline Bureaucracy
- 26 Jan 2016 8:00 AM
- current affairs
One left-wing and one conservative columnist welcome plans to cut red tape by restructuring and closing down public offices. They fear, however, that the government’s new plan may not quite fulfil the hopes invested in it.
Budapest Mayor Tarlós Questions Free BKV For Elderly
- 25 Jan 2016 8:00 AM
- getting around
Budapest mayor István Tarlós raised the possibility of abolishing free public transport for those over 65 years of age at his regular weekly press briefing in Budapest on Friday. “Bread and cold cuts are not given away free, why should BKV passes be free of charge?” he asked.
Hungary Tax Authority To Cut More Than 1,000 Staff
- 24 Jan 2016 10:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) will reduce headcount by 5%, cutting staff from 22,442 to 21,320, NAV chief András Tállai said. Tállai was appointed head of NAV early in January, after lawmakers voted to transform the authority from an independent body into a central office operating directly under the economy minister. At the time of his appointment, he said that NAV would be ...
Base Rate In Hungary Could Be Lowered This Year
- 21 Jan 2016 8:00 AM
- business
A lowering of the base rate due to the very low inflation might be possible, especially if the Polish central bank were to cut its base rate, analysts told Reuters news agency. For now, all 21 analysts asked by the news agency expect the MNB’s monetary council to keep the rate at 1.35% when it meets next Tuesday.
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.
Report: VAT Decrease On Pork Causes Panic In Poultry Sector
- 3 Feb 2016 8:00 AM
- shopping
Hungary’s poultry producers are in a panic as the cut to the VAT rate on pork from 27% to 5% as of January 1 has led to a significant drop in demand for poultry meat, and other food sectors are lobbying for similar VAT decreases, Hungarian economic daily Világgazdaság reported today.
Construction Materials Market Expects Boom In Wake Of VAT Cut
- 30 Jan 2016 8:00 AM
- shopping
Hungary’s recent cutting the VAT on construction from 27% to 5 will result in “another boom” in the materials market, daily Magyar Idők said. The paper added, however, that a lack of skilled labour in construction could have negative impacts. Győző Vidor, head of the national construction materials federation (Méasz), said that the VAT cut may take another year to have spectacular results.
Hungary’s Opposition Lambasts Government’s Public Administration Reform
- 26 Jan 2016 8:00 AM
- current affairs
The government’s plans to restructure public administration would result in centralisation and austerity rather than in reduced bureaucracy, said a spokesman for the green opposition LMP party. If it comes to reducing bureaucracy, the government had better start the job at home, Ákos Csarnó said.
Hungarian Socialists Call For Boycott Against News Portal
- 26 Jan 2016 8:00 AM
- current affairs
The Socialist Party has called on the government to cancel all advertising agreements with online news portal 888.hu over an article the website published on Socialist leader József Tóbiás’s wife and daughter on Saturday.
Xpat Opinion: Government Announces Plans To Streamline Bureaucracy
- 26 Jan 2016 8:00 AM
- current affairs
One left-wing and one conservative columnist welcome plans to cut red tape by restructuring and closing down public offices. They fear, however, that the government’s new plan may not quite fulfil the hopes invested in it.
Budapest Mayor Tarlós Questions Free BKV For Elderly
- 25 Jan 2016 8:00 AM
- getting around
Budapest mayor István Tarlós raised the possibility of abolishing free public transport for those over 65 years of age at his regular weekly press briefing in Budapest on Friday. “Bread and cold cuts are not given away free, why should BKV passes be free of charge?” he asked.
Hungary Tax Authority To Cut More Than 1,000 Staff
- 24 Jan 2016 10:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) will reduce headcount by 5%, cutting staff from 22,442 to 21,320, NAV chief András Tállai said. Tállai was appointed head of NAV early in January, after lawmakers voted to transform the authority from an independent body into a central office operating directly under the economy minister. At the time of his appointment, he said that NAV would be ...
Base Rate In Hungary Could Be Lowered This Year
- 21 Jan 2016 8:00 AM
- business
A lowering of the base rate due to the very low inflation might be possible, especially if the Polish central bank were to cut its base rate, analysts told Reuters news agency. For now, all 21 analysts asked by the news agency expect the MNB’s monetary council to keep the rate at 1.35% when it meets next Tuesday.
Hungarian Govt To Set Up National Building Society
- 18 Jan 2016 11:00 AM
- current affairs
The government is planning a National Home Building Society modelled on British building societies, cabinet chief Antal Rogán said. Stable economic growth and a low budget deficit over the past few years have given leeway for the government to launch a homebuilding scheme.