3,147 result(s) for economy
CEO ’s More Optimistic About Hungarian Economy
- 17 Dec 2015 10:50 AM
- business
Four out of five Hungarian CEOs believe the Hungarian economic output will grow or be stable in the future, which is around 20% higher compared with a year ago, consultancy EY said, citing its Capital Confidence Barometer. Fully 45% of respondents said they were planning on hiring more workers in the next 12 months.
Hungary To Gain Economic Influence From Paris Climate Deal
- 17 Dec 2015 3:00 AM
- current affairs
The outcome of the Paris climate conference could be positive for Hungary’s economy, the deputy state secretary in charge of green economy and climate policy said. Hungary’s competitiveness and economic influence could grow as a result of the deal, Martina Makai said at a roundtable discussion after returning from the Paris conference which concluded on Dec. 12.
Govt To Finance Electric Buses For Budapest
- 16 Dec 2015 8:00 AM
- getting around
The economy minister signed a financing agreement with Budapest’s public transport company BKV, under which 20 Hungarian-made electric midibuses and the necessary charger technology will be purchased. Addressing the ceremony, Mihály Varga hailed the beginning of a “new era” in the city’s transport, benefiting “the people of Budapest, Hungarian industry and busmaking”.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
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.
Climate Summit In Paris: Hungary Has Joined The Global Green Growth Institute
- 11 Dec 2015 8:00 AM
- current affairs
On Tuesday in Paris, Minister of State for Energy András Aradszki Director–General of the Global Green Growth Institute Yvo de Boer concluded a bilateral agreement. Hungary has taken another significant step towards calling a strong climate protection cooperation to life and successfully implementing the new climate convention.
Hungary’s Foreign Minister: EU Policies ‘Ritual Suicide’
- 10 Dec 2015 8:00 AM
- current affairs
It has become clear over the past year that Europe is incapable of giving the right responses to its challenges, since its policies have been “the policies of ritual suicide”, Foreign Minister Péter Szijjártó said in his annual hearing before parliament’s foreign affairs committee. Europe’s policies over the course of the year have been “eye-catching but harmful”, endangering the security and ...
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.
EBRD Optimistic About Growth In Hungary
- 8 Dec 2015 4:00 AM
- business
The outlook of the European Bank for Reconstruction and Development (EBRD) for GDP growth in Hungary is more optimistic than the market, the bank’s Hungarian board member said in daily Magyar Idők.
CEO ’s More Optimistic About Hungarian Economy
- 17 Dec 2015 10:50 AM
- business
Four out of five Hungarian CEOs believe the Hungarian economic output will grow or be stable in the future, which is around 20% higher compared with a year ago, consultancy EY said, citing its Capital Confidence Barometer. Fully 45% of respondents said they were planning on hiring more workers in the next 12 months.
Hungary To Gain Economic Influence From Paris Climate Deal
- 17 Dec 2015 3:00 AM
- current affairs
The outcome of the Paris climate conference could be positive for Hungary’s economy, the deputy state secretary in charge of green economy and climate policy said. Hungary’s competitiveness and economic influence could grow as a result of the deal, Martina Makai said at a roundtable discussion after returning from the Paris conference which concluded on Dec. 12.
Govt To Finance Electric Buses For Budapest
- 16 Dec 2015 8:00 AM
- getting around
The economy minister signed a financing agreement with Budapest’s public transport company BKV, under which 20 Hungarian-made electric midibuses and the necessary charger technology will be purchased. Addressing the ceremony, Mihály Varga hailed the beginning of a “new era” in the city’s transport, benefiting “the people of Budapest, Hungarian industry and busmaking”.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
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.
Climate Summit In Paris: Hungary Has Joined The Global Green Growth Institute
- 11 Dec 2015 8:00 AM
- current affairs
On Tuesday in Paris, Minister of State for Energy András Aradszki Director–General of the Global Green Growth Institute Yvo de Boer concluded a bilateral agreement. Hungary has taken another significant step towards calling a strong climate protection cooperation to life and successfully implementing the new climate convention.
Hungary’s Foreign Minister: EU Policies ‘Ritual Suicide’
- 10 Dec 2015 8:00 AM
- current affairs
It has become clear over the past year that Europe is incapable of giving the right responses to its challenges, since its policies have been “the policies of ritual suicide”, Foreign Minister Péter Szijjártó said in his annual hearing before parliament’s foreign affairs committee. Europe’s policies over the course of the year have been “eye-catching but harmful”, endangering the security and ...
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.
EBRD Optimistic About Growth In Hungary
- 8 Dec 2015 4:00 AM
- business
The outlook of the European Bank for Reconstruction and Development (EBRD) for GDP growth in Hungary is more optimistic than the market, the bank’s Hungarian board member said in daily Magyar Idők.