522 result(s) for development in Business
Hungary-US Business Forum To Meet In July
- 20 May 2016 9:00 AM
- business
The Hungarian-US Business Council will hold a meeting in Budapest in July, the organisation’s president, Eric Stewart, said. US and Hungarian companies from a wide range of sectors will participate in the meeting, which aims to establish “high-level dialogue between US company executives and the Hungarian government”.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
IHBC & CEU Business School Event: Invisible Building Intelligence 26 April
- 12 Apr 2016 9:02 AM
- business
The Embassy of Ireland Budapest, the Central European University, and the Irish-Hungarian Business Circle bring you ‘Invisible Building Intelligence.’ Scheduled for the morning of Tuesday 26th April, from 09.00 to 11.30am at CEU, Sheila O’Donnell & John Tuomey, the Irish architects of the CEU extension at Nador u. 15, will be keynote speakers, with participation from Achilles Georgiu of CEU and ...
Orbán: Repayment Of IMF-EU Loan ‘Unprecedented Achievement’
- 8 Apr 2016 9:00 AM
- business
The repayment of an IMF-EU loan by Hungary is an “unprecedented achievement” in the current global economic environment which “would not have been possible without friends, such as the Organisation for Economic Co-operation and Development (OECD),” Prime Minister Viktor Orbán said in Paris. Orbán held talks with OECD Secretary-General Ángel Gurría and addressed the organisation’s council session.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Xpat Opinion: Brussels Suspends Social Infrastructure Fund Payments
- 30 Mar 2016 9:00 AM
- business
As the European Commission decides to withhold structural funds, a left-wing commentator fears that Hungarian taxpayers will have to pay billions of Forints if the projects are rejected by the EU.
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Daimler’s Mercedes To Invest A Further EUR 250M In Hungary
- 23 Mar 2016 8:00 AM
- business
BASE German carmaker Daimler’s Mercedes will invest a further 250 million euros at its base in Kecskemét, in central Hungary, by 2018. The company will invest in technology developments as well as expand production capacity, building a plant that will turn out nextgeneration compact car bodies.
Hungary-US Business Forum To Meet In July
- 20 May 2016 9:00 AM
- business
The Hungarian-US Business Council will hold a meeting in Budapest in July, the organisation’s president, Eric Stewart, said. US and Hungarian companies from a wide range of sectors will participate in the meeting, which aims to establish “high-level dialogue between US company executives and the Hungarian government”.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
IHBC & CEU Business School Event: Invisible Building Intelligence 26 April
- 12 Apr 2016 9:02 AM
- business
The Embassy of Ireland Budapest, the Central European University, and the Irish-Hungarian Business Circle bring you ‘Invisible Building Intelligence.’ Scheduled for the morning of Tuesday 26th April, from 09.00 to 11.30am at CEU, Sheila O’Donnell & John Tuomey, the Irish architects of the CEU extension at Nador u. 15, will be keynote speakers, with participation from Achilles Georgiu of CEU and ...
Orbán: Repayment Of IMF-EU Loan ‘Unprecedented Achievement’
- 8 Apr 2016 9:00 AM
- business
The repayment of an IMF-EU loan by Hungary is an “unprecedented achievement” in the current global economic environment which “would not have been possible without friends, such as the Organisation for Economic Co-operation and Development (OECD),” Prime Minister Viktor Orbán said in Paris. Orbán held talks with OECD Secretary-General Ángel Gurría and addressed the organisation’s council session.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Xpat Opinion: Brussels Suspends Social Infrastructure Fund Payments
- 30 Mar 2016 9:00 AM
- business
As the European Commission decides to withhold structural funds, a left-wing commentator fears that Hungarian taxpayers will have to pay billions of Forints if the projects are rejected by the EU.
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Daimler’s Mercedes To Invest A Further EUR 250M In Hungary
- 23 Mar 2016 8:00 AM
- business
BASE German carmaker Daimler’s Mercedes will invest a further 250 million euros at its base in Kecskemét, in central Hungary, by 2018. The company will invest in technology developments as well as expand production capacity, building a plant that will turn out nextgeneration compact car bodies.