1,626 result(s) for economy minister
Hungary Jobless Rate 6.0% In Jan-March
- 29 Apr 2016 9:00 AM
- business
Hungary’s average unemployment rate was 6.0% in January-March, down from 6.1% in the previous three-month period, the Central Statistical Office reported. The unemployment rate was down from 7.8% in the same period a year earlier. The number of unemployed averaged 272,800 in January-March.
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 ...
Hungarian Workers Protest Against Sunday Shopping
- 18 Apr 2016 9:00 AM
- current affairs
More than 200 retail workers protested against Sunday shopping in front of the Economy Ministry building on Sunday, in a demonstration organised by the Retail Workers Union (KASZ). They carried banners reading “We would like to go to a football match after mass,” “We spend too little time with our families,” and “Western work for Eastern wages”. The protesters also demanded twice the usual daily ...
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.
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 ...
Hungary Jobless Rate 6.0% In Jan-March
- 29 Apr 2016 9:00 AM
- business
Hungary’s average unemployment rate was 6.0% in January-March, down from 6.1% in the previous three-month period, the Central Statistical Office reported. The unemployment rate was down from 7.8% in the same period a year earlier. The number of unemployed averaged 272,800 in January-March.
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 ...
Hungarian Workers Protest Against Sunday Shopping
- 18 Apr 2016 9:00 AM
- current affairs
More than 200 retail workers protested against Sunday shopping in front of the Economy Ministry building on Sunday, in a demonstration organised by the Retail Workers Union (KASZ). They carried banners reading “We would like to go to a football match after mass,” “We spend too little time with our families,” and “Western work for Eastern wages”. The protesters also demanded twice the usual daily ...
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.
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 ...