3,147 result(s) for economy
TAO Contributions Have Diverted USD 1.23 Billion From Hungary’s State Treasury
- 13 Nov 2017 12:00 AM
- business
More than HUF 330 billion (USD 1.23 billion) of public funds have been diverted from the state treasury to the sports clubs under Hungary’s controversial TAO program since 2011, reports business/economics daily g7.hu.
Hungary’s Cash Transportation Sector Controlled By Companies With Ties To Government
- 9 Nov 2017 7:42 AM
- current affairs
Business/economics online daily g7.hu reports that Hungary’s entire cash transportation sector is now under the control of companies with extremely close ties to the government.
Hidden Businesses Of Influential Hungarians Revealed In New Massive Offshore Leak
- 8 Nov 2017 7:40 AM
- current affairs
One and a half year after the story of Panama Papers broke, another huge leak shed light on the operations of tens of thousands of offshore entities. Several Hungarian companies and individuals appear in the 13.4 million leaked files, though this time there are no politicians among them. Still, the documents reveal details of hitherto unknown business dealings of some influential Hungarian public ...
Retail Sales Climb 5.4 Pc In September
- 7 Nov 2017 12:00 AM
- shopping
Retail sales in Hungary rose by an annual 5.4 percent in September, the Central Statistical Office (KSH) said in a first reading of data released on Tuesday. Sales growth accelerated from 4.2 percent in July and 4.7 percent in August. The September increase was 6.0 percent when adjusted for calendar-year effects.
Hungary Asks EU To Raise VAT Ceiling
- 6 Nov 2017 10:00 AM
- shopping
Hungary is asking for the European Union’s approval to raise the VAT turnover threshold for small businesses, Economy Minister Mihály Varga told the state news channel M1. Currently companies reporting less than Ft 8 million are exempt from VAT registration, which the government wants to increase to Ft 12 million from January 1, 2019.
Local Opinion: Doubts About Hungary’s Growth Model
- 3 Nov 2017 7:56 AM
- current affairs
A conservative commentator thinks that the Hungarian economy cannot sustain growth in the long run as Hungarian firms cannot significantly increase wages to stop emigration and ease the labor shortage.
Kall Ingredients Inaugurates 145 Million Euros Isoglucose Plant
- 31 Oct 2017 7:40 AM
- business
Hungarian-owned food industry company Kall Ingredients inaugurated a 45 billion forint (EUR 145m) isoglucose plant in Tiszapüspöki, in central Hungary, on Monday.
Hungary, Slovakia Sign Declaration Of Intent For Construction Of North-South Gas Pipeline
- 31 Oct 2017 1:00 AM
- current affairs
Hungary and Slovakia signed a declaration of intent to build a north-south gas pipeline in Kosice/Kassa, Slovakia, on Monday. Speaking at a press conference after the signing ceremony, Hungarian Foreign Minister Péter Szijjártó and Slovak Economy Minister Peter Ziga, who signed the pact in the presence of Slovak Prime Minister Robert Fico, both said the new pipeline could reduce their countries’ ...
Jobless Rates At Historic High In Hungary
- 30 Oct 2017 7:48 AM
- business
Hungary’s rolling average three-month jobless rate dropped to 4.1 percent in July-September from 4.2 percent in the previous month and 4.9 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Thursday.
TAO Contributions Have Diverted USD 1.23 Billion From Hungary’s State Treasury
- 13 Nov 2017 12:00 AM
- business
More than HUF 330 billion (USD 1.23 billion) of public funds have been diverted from the state treasury to the sports clubs under Hungary’s controversial TAO program since 2011, reports business/economics daily g7.hu.
Hungary’s Cash Transportation Sector Controlled By Companies With Ties To Government
- 9 Nov 2017 7:42 AM
- current affairs
Business/economics online daily g7.hu reports that Hungary’s entire cash transportation sector is now under the control of companies with extremely close ties to the government.
Hidden Businesses Of Influential Hungarians Revealed In New Massive Offshore Leak
- 8 Nov 2017 7:40 AM
- current affairs
One and a half year after the story of Panama Papers broke, another huge leak shed light on the operations of tens of thousands of offshore entities. Several Hungarian companies and individuals appear in the 13.4 million leaked files, though this time there are no politicians among them. Still, the documents reveal details of hitherto unknown business dealings of some influential Hungarian public ...
Retail Sales Climb 5.4 Pc In September
- 7 Nov 2017 12:00 AM
- shopping
Retail sales in Hungary rose by an annual 5.4 percent in September, the Central Statistical Office (KSH) said in a first reading of data released on Tuesday. Sales growth accelerated from 4.2 percent in July and 4.7 percent in August. The September increase was 6.0 percent when adjusted for calendar-year effects.
Hungary Asks EU To Raise VAT Ceiling
- 6 Nov 2017 10:00 AM
- shopping
Hungary is asking for the European Union’s approval to raise the VAT turnover threshold for small businesses, Economy Minister Mihály Varga told the state news channel M1. Currently companies reporting less than Ft 8 million are exempt from VAT registration, which the government wants to increase to Ft 12 million from January 1, 2019.
Local Opinion: Doubts About Hungary’s Growth Model
- 3 Nov 2017 7:56 AM
- current affairs
A conservative commentator thinks that the Hungarian economy cannot sustain growth in the long run as Hungarian firms cannot significantly increase wages to stop emigration and ease the labor shortage.
Kall Ingredients Inaugurates 145 Million Euros Isoglucose Plant
- 31 Oct 2017 7:40 AM
- business
Hungarian-owned food industry company Kall Ingredients inaugurated a 45 billion forint (EUR 145m) isoglucose plant in Tiszapüspöki, in central Hungary, on Monday.
Hungary, Slovakia Sign Declaration Of Intent For Construction Of North-South Gas Pipeline
- 31 Oct 2017 1:00 AM
- current affairs
Hungary and Slovakia signed a declaration of intent to build a north-south gas pipeline in Kosice/Kassa, Slovakia, on Monday. Speaking at a press conference after the signing ceremony, Hungarian Foreign Minister Péter Szijjártó and Slovak Economy Minister Peter Ziga, who signed the pact in the presence of Slovak Prime Minister Robert Fico, both said the new pipeline could reduce their countries’ ...
Jobless Rates At Historic High In Hungary
- 30 Oct 2017 7:48 AM
- business
Hungary’s rolling average three-month jobless rate dropped to 4.1 percent in July-September from 4.2 percent in the previous month and 4.9 percent in the same period a year earlier, the Central Statistical Office (KSH) said on Thursday.















