949 result(s) for daily low
Births, Deaths Up In Hungary In Jan-Oct
- 21 Dec 2015 3:00 AM
- current affairs
The number of births and deaths in Hungary rose during the first ten months of 2015 on an annual basis, but the death rate outstripped the number of births, the Central Statistical Office said. Hungary’s population declined by 33,291 people during the first ten months, a 19.3% increase over the same period in 2014. There were 76,531 births in January-October, 0.5% more than during the same period ...
Biszku Receives Suspended Prison Term For Complicity In War Crimes In Hungary
- 18 Dec 2015 8:00 AM
- current affairs
Communist-era party functionary Béla Biszku received a suspended prison sentence for complicity in war crimes. The Municipal Court of Budapest, however, exonerated him of the charges of ordering the shooting of a total of 49 anti-communist protesters in December 1956 and the beating of academics in March 1957.
Charges Raised Against Nigerian Drug Mule In Hungary
- 17 Dec 2015 8:00 AM
- current affairs
Charges have been raised against a 41 year-old Nigerian man who tried to smuggle 101 cocaine capsules in his stomach from Holland to Hungary, the Budapest chief prosecutor said. The suspect living in Budapest’s 15th district was offered 4,000 euros by a Suriname-born Dutch acquaintance for smuggling the total 1,000 grams of drugs to Hungary. He was supposed to deliver the capsules to a Hungarian ...
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Hungary's President Áder Wins Libel Suit Against Index
- 9 Dec 2015 8:00 AM
- current affairs
The Capital Court of Appeals has upheld President János Áder’s claim against news website Index over its report that he left his post during his compulsory army service in the 1970s and fired his gun while drunk. The appeals court raised the fine payable by the author of the report, András B. Vágvölgyi, from Ft 50,000 imposed by a lower court to Ft 600,000. Judge Marianne Oszkó Kizman stressed ...
Demographic Trends Present Difficulties For Growth And Labour Market In Hungary
- 8 Dec 2015 8:00 AM
- business
By 2060, the old-age dependency ratio may double in Hungary compared to the present level, and the burdens on economically active age groups may significantly increase in the coming decades as a result of population ageing, the National Bank of Hungary (NBH) said in its Growth Report. It said the old-age dependency ratio could increase from 26% in 2015 to 52% by 2060, parallel with a decline in ...
Births, Deaths Up In Hungary In Jan-Oct
- 21 Dec 2015 3:00 AM
- current affairs
The number of births and deaths in Hungary rose during the first ten months of 2015 on an annual basis, but the death rate outstripped the number of births, the Central Statistical Office said. Hungary’s population declined by 33,291 people during the first ten months, a 19.3% increase over the same period in 2014. There were 76,531 births in January-October, 0.5% more than during the same period ...
Biszku Receives Suspended Prison Term For Complicity In War Crimes In Hungary
- 18 Dec 2015 8:00 AM
- current affairs
Communist-era party functionary Béla Biszku received a suspended prison sentence for complicity in war crimes. The Municipal Court of Budapest, however, exonerated him of the charges of ordering the shooting of a total of 49 anti-communist protesters in December 1956 and the beating of academics in March 1957.
Charges Raised Against Nigerian Drug Mule In Hungary
- 17 Dec 2015 8:00 AM
- current affairs
Charges have been raised against a 41 year-old Nigerian man who tried to smuggle 101 cocaine capsules in his stomach from Holland to Hungary, the Budapest chief prosecutor said. The suspect living in Budapest’s 15th district was offered 4,000 euros by a Suriname-born Dutch acquaintance for smuggling the total 1,000 grams of drugs to Hungary. He was supposed to deliver the capsules to a Hungarian ...
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
Hungarian Govt Proposes Reduced Banking Tax From Jan 1
- 12 Dec 2015 8:00 AM
- business
The government has proposed lowering the banking tax as of January 2016 from 0.31% to 0.24%, the economy ministry said. The reduction was proposed based on informal signals from the European Commission and an agreement with the European Bank for Reconstruction and Development (EBRD), the ministry said. The tax’s lower bracket would remain the same, 0.15% up to 50 billion forints.
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
Hungary's President Áder Wins Libel Suit Against Index
- 9 Dec 2015 8:00 AM
- current affairs
The Capital Court of Appeals has upheld President János Áder’s claim against news website Index over its report that he left his post during his compulsory army service in the 1970s and fired his gun while drunk. The appeals court raised the fine payable by the author of the report, András B. Vágvölgyi, from Ft 50,000 imposed by a lower court to Ft 600,000. Judge Marianne Oszkó Kizman stressed ...
Demographic Trends Present Difficulties For Growth And Labour Market In Hungary
- 8 Dec 2015 8:00 AM
- business
By 2060, the old-age dependency ratio may double in Hungary compared to the present level, and the burdens on economically active age groups may significantly increase in the coming decades as a result of population ageing, the National Bank of Hungary (NBH) said in its Growth Report. It said the old-age dependency ratio could increase from 26% in 2015 to 52% by 2060, parallel with a decline in ...