3,147 result(s) for economy
Hungary’s Ad Tax Exemption Threshold Still Too High For Brussels
- 19 May 2015 9:00 AM
- business
The European Commission believes the proposed 100 million forints (EUR 325,000) exemption threshold for the advertising tax is still too high. The government is in talks with Brussels on the matter, Economy Minister Mihály Varga told commercial television ATV. The government has proposed making the ad tax rate a flat 5.3%, but allowing an exemption on a tax base up to 100 million forints.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Hungarian Govt To Propose Stability Act Amendment
- 12 May 2015 9:00 AM
- business
The government will initiate an amendment to a rule on a nominal state debt threshold to better support economic growth. The Economy Ministry responded to a query by MTI after the Fiscal Council made a recommendation on the rule.
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Open-Air Bathing Season In Hungary Begins
- 11 May 2015 9:02 AM
- health & wellness
Hungary’s spas drew more than 40 million visitors last year, State Secretary at the Ministry for National Economy Ádám Ruszinkó told a press conference in front of Hotel Gellért’s spa and swimming pool facility on Thursday to mark the onset of the open-air baths season.
Hungarian, Qatari Ministers Review Cooperation Plans
- 8 May 2015 9:00 AM
- business
Hungary’s Foreign Minister Péter Szijjártó held talks with the Minister of Economy and Trade of Qatar Muhammad Al Thani in Budapest. The ministers discussed economic cooperation, including Hungary’s interests in bilateral investment and opportunities in the energy sector, the ministry said.
PM Orbán Addresses German-Hungarian Chamber Of Commerce
- 8 May 2015 9:00 AM
- business
Prime Minister Viktor Orbán, addressing the German-Hungarian chamber of commerce and industry, said that although not every aspect of Hungarian economic policy is favourable to every German company operating in the country, the economic environment is generally positive for foreign investors. “Contrary to the opposing view, Hungarian governance is genuinely predictable when it comes to the ...
Industry Associations In Hungary Call For Further Consultations On Ad Tax
- 7 May 2015 9:00 AM
- business
Industry associations continue to call for consultations on the tax on advertisements, asking the government to consider abolishing the tax due to its detrimental effect on the economy, the Hungarian Advertising Association said. In consent with another nine organisations, the association said the planned amendment to the ad tax would curb growth opportunities for micro- and small businesses and ...
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Hungary’s Ad Tax Exemption Threshold Still Too High For Brussels
- 19 May 2015 9:00 AM
- business
The European Commission believes the proposed 100 million forints (EUR 325,000) exemption threshold for the advertising tax is still too high. The government is in talks with Brussels on the matter, Economy Minister Mihály Varga told commercial television ATV. The government has proposed making the ad tax rate a flat 5.3%, but allowing an exemption on a tax base up to 100 million forints.
2016 Tax Changes In Hungary “Simplest Ever”
- 15 May 2015 9:00 AM
- business
The 2016 tax bill just submitted to parliament contains the shortest tax provisions ever and introduces no new taxes, state secretary András Tállai said. New elements of the tax measures include a scheme called “tax loan for growth”, which means that companies that manage to raise their pre-tax profits five-fold in a year can defer their tax payments, thereby gaining resources for further ...
Hungarian Govt To Propose Stability Act Amendment
- 12 May 2015 9:00 AM
- business
The government will initiate an amendment to a rule on a nominal state debt threshold to better support economic growth. The Economy Ministry responded to a query by MTI after the Fiscal Council made a recommendation on the rule.
IMF Projects Faster Economic Growth In Hungary
- 12 May 2015 9:00 AM
- business
The International Monetary Fund raised its forecast for Hungary’s economic growth in its Regional Economic Issues report. Growth could reach 2.7% this year according to the new report. The forecast was raised from 2.3% in the previous report published in October 2014. For 2016, the IMF expects growth of 2.3%.
Open-Air Bathing Season In Hungary Begins
- 11 May 2015 9:02 AM
- health & wellness
Hungary’s spas drew more than 40 million visitors last year, State Secretary at the Ministry for National Economy Ádám Ruszinkó told a press conference in front of Hotel Gellért’s spa and swimming pool facility on Thursday to mark the onset of the open-air baths season.
Hungarian, Qatari Ministers Review Cooperation Plans
- 8 May 2015 9:00 AM
- business
Hungary’s Foreign Minister Péter Szijjártó held talks with the Minister of Economy and Trade of Qatar Muhammad Al Thani in Budapest. The ministers discussed economic cooperation, including Hungary’s interests in bilateral investment and opportunities in the energy sector, the ministry said.
PM Orbán Addresses German-Hungarian Chamber Of Commerce
- 8 May 2015 9:00 AM
- business
Prime Minister Viktor Orbán, addressing the German-Hungarian chamber of commerce and industry, said that although not every aspect of Hungarian economic policy is favourable to every German company operating in the country, the economic environment is generally positive for foreign investors. “Contrary to the opposing view, Hungarian governance is genuinely predictable when it comes to the ...
Industry Associations In Hungary Call For Further Consultations On Ad Tax
- 7 May 2015 9:00 AM
- business
Industry associations continue to call for consultations on the tax on advertisements, asking the government to consider abolishing the tax due to its detrimental effect on the economy, the Hungarian Advertising Association said. In consent with another nine organisations, the association said the planned amendment to the ad tax would curb growth opportunities for micro- and small businesses and ...
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...