3,147 result(s) for economy
Govt Programme Worth HUF 9BN To Promote IT Skills Among Adults
- 15 Apr 2016 9:00 AM
- tech
The economy ministry will use a budget of nearly 9 billion forints (EUR 28.9m) to launch a programme designed to improve the digital literacy of Hungary’s adult population, state secretary István Lepsényi told a conference.
Survey: 80% Of Foreign Companies Would Reinvest In Hungary
- 14 Apr 2016 9:00 AM
- business
Given the choice, 80% of foreign-owned companies would reinvest in Hungary based on the current situation, up from 71% in 2015, an annual survey of 227 companies carried out by the German-Hungarian Chamber of Industry and Commerce (DUIHK) showed, state-owned news agency MTI reported.
Gov’t To Lower VAT On Dairy And Catering
- 14 Apr 2016 9:00 AM
- shopping
The government proposes to reduce VAT on a wide range of products and services in the 2017 budget, Economy Minister Mihály Varga announced on Wednesday. The VAT on milk, eggs and poultry would fall from today’s 27% to 5%.
Retailers’ Union Calls Demo For Sunday On Shop Openings
- 14 Apr 2016 1:40 AM
- current affairs
The Union of Retail Employees (KASZ) has organised a demonstration for Sunday in protest of the government’s fast procedure in removing restrictions on Sunday shop openings. The demonstration will be held by the Economy Ministry’s building and the union wants to present a petition to Economy Minister Mihály Varga, KASZ said.
Government Proposes Revoking Sunday Closing Law
- 12 Apr 2016 10:00 AM
- shopping
The Hungarian government submitted a proposal today to abolish the Sunday closings law –legislation passed last year that requires retailers to remain closed on Sundays – and Parliament is scheduled to vote on the proposal tomorrow in an expedited procedure, according to reports.
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
Opposition Hails Govt Climbdown As ‘Victory’
- 12 Apr 2016 9:00 AM
- current affairs
Socialist lawmaker István Nyakó said that the government decision to revoke the law on Sunday shopping restrictions was “a small victory for the opposition Socialists and a big one for the electorate”. For the second time, the ruling parties have been forced to “back off”, Nyakó said, referring to demonstrations that resulted in the withdrawal of plans to introduce an internet tax in the past.
Xpat Opinion: The Balance Of Two Years In Government
- 11 Apr 2016 9:00 AM
- current affairs
A liberal analyst thinks Hungary has deviated from its strategic goal of catching up with the most advanced countries, while a pro-government pundit sees the past two years as a succession of positive developments in the economy.
In Élet és Irodalom, economist Éva Várhegyi claims that despite the transfer of substantial EU funds to Hungary every year, the distance in terms of per capita GDP ...
Lázár: Referendum On EU Migrant Quota Scheme “Decisive”
- 8 Apr 2016 9:00 AM
- current affairs
In light of the European Commission’s recent package of proposals on reforming the EU’s refugee laws, the national referendum initiated in Hungary on the mandatory migrant relocation quota system will be “decisive”, the government office chief told a regular government news briefing.
Govt Programme Worth HUF 9BN To Promote IT Skills Among Adults
- 15 Apr 2016 9:00 AM
- tech
The economy ministry will use a budget of nearly 9 billion forints (EUR 28.9m) to launch a programme designed to improve the digital literacy of Hungary’s adult population, state secretary István Lepsényi told a conference.
Survey: 80% Of Foreign Companies Would Reinvest In Hungary
- 14 Apr 2016 9:00 AM
- business
Given the choice, 80% of foreign-owned companies would reinvest in Hungary based on the current situation, up from 71% in 2015, an annual survey of 227 companies carried out by the German-Hungarian Chamber of Industry and Commerce (DUIHK) showed, state-owned news agency MTI reported.
Gov’t To Lower VAT On Dairy And Catering
- 14 Apr 2016 9:00 AM
- shopping
The government proposes to reduce VAT on a wide range of products and services in the 2017 budget, Economy Minister Mihály Varga announced on Wednesday. The VAT on milk, eggs and poultry would fall from today’s 27% to 5%.
Retailers’ Union Calls Demo For Sunday On Shop Openings
- 14 Apr 2016 1:40 AM
- current affairs
The Union of Retail Employees (KASZ) has organised a demonstration for Sunday in protest of the government’s fast procedure in removing restrictions on Sunday shop openings. The demonstration will be held by the Economy Ministry’s building and the union wants to present a petition to Economy Minister Mihály Varga, KASZ said.
Government Proposes Revoking Sunday Closing Law
- 12 Apr 2016 10:00 AM
- shopping
The Hungarian government submitted a proposal today to abolish the Sunday closings law –legislation passed last year that requires retailers to remain closed on Sundays – and Parliament is scheduled to vote on the proposal tomorrow in an expedited procedure, according to reports.
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
Opposition Hails Govt Climbdown As ‘Victory’
- 12 Apr 2016 9:00 AM
- current affairs
Socialist lawmaker István Nyakó said that the government decision to revoke the law on Sunday shopping restrictions was “a small victory for the opposition Socialists and a big one for the electorate”. For the second time, the ruling parties have been forced to “back off”, Nyakó said, referring to demonstrations that resulted in the withdrawal of plans to introduce an internet tax in the past.
Xpat Opinion: The Balance Of Two Years In Government
- 11 Apr 2016 9:00 AM
- current affairs
A liberal analyst thinks Hungary has deviated from its strategic goal of catching up with the most advanced countries, while a pro-government pundit sees the past two years as a succession of positive developments in the economy.
In Élet és Irodalom, economist Éva Várhegyi claims that despite the transfer of substantial EU funds to Hungary every year, the distance in terms of per capita GDP ...
Lázár: Referendum On EU Migrant Quota Scheme “Decisive”
- 8 Apr 2016 9:00 AM
- current affairs
In light of the European Commission’s recent package of proposals on reforming the EU’s refugee laws, the national referendum initiated in Hungary on the mandatory migrant relocation quota system will be “decisive”, the government office chief told a regular government news briefing.















