993 result(s) for economy ministry
Hungary’s Retail Sales Growth Slows To 1% In February
- 5 Apr 2017 9:00 AM
- shopping
February retail sales in Hungary rose by an annual 1 percent, the slowest rate of growth in several years, according to Central Statistical Office (KSH) data published on Tuesday. KSH noted that the slowdown was in part due to a high base. Adjusted for calendar year effects, retail sales were up by 1.2 percent. Food sales edged up by 0.2 percent, non-food sales rose by 3.1 percent and vehicle ...
Experts Say Proposed Advertising Tax To Hit Independent Outlets Hardest
- 4 Apr 2017 7:00 AM
- business
News of government attacks on NGOs and Central European University has drawn attention away from newer attempts to clamp down on Hungary’s media providers. A bill proposed last week by the Ministry of National Economy would have media providers pay a 9 percent advertising tax if their advertising revenues exceed HUF 100 million (USD 345,000) — a sizable increase from the earlier 5.3 percent tax.
Government Plans Major Advertising Tax Hike
- 30 Mar 2017 10:00 AM
- business
Advertising tax in Hungary is set to be raised from the current 5.3% to 9% as of June, for taxpayers with revenue exceeding HUF 100 million, according to a proposed amendment submitted by Minister for National Economy Mihály Varga, Hungarian wire service MTI reported today. The amendment would also allow companies tax-free self-advertising.
EC Official: Hungary ‘Healthier Than EU Average’
- 28 Mar 2017 7:28 AM
- health & wellness
Hungary has a stable economy “belonging to the healthier half” of the EU member states, a country whose economic growth is primarily driven by consumption, István Székely, Director of the European Commission’s Directorate-General for Economic and Financial Affairs, said in parliament’s European affairs committee on Monday.
Direct Flight To Be Launched Between Tunisia, Hungary
- 28 Mar 2017 6:42 AM
- travel
State secretary for economic diplomacy Levente Magyar said on Tuesday that he had discussed plans to launch regular direct flights between Hungary and Tunisia during his talks in Tunis.
Gémesi Announces Center-Right Party To Represent Hungary’s “Silent Majority”
- 21 Mar 2017 5:54 AM
- current affairs
Új Kezdet (New Start) has formally announced it will be stepping into the national political arena as a new party. At a press conference held Saturday morning in Budapest, party chairman and longtime Gödöllő mayor György Gémesi (above, third from left) unveiled the party’s platform and introduced its executive board (pictured).
OECD Acknowledges Hungary Reforms, Makes Further Recommendations
- 20 Mar 2017 6:00 AM
- current affairs
The OECD acknowledged structural reforms Hungary’s government has undertaken over the past two years in a report on Friday, but said there is still room to reduce bureaucracy for businesses, improve competition in the service sector and reduce the tax wedge on wages.
Department Stores May Pay ‘Pollution Fee’ For Home Delivery
- 14 Mar 2017 6:00 AM
- current affairs
The increasingly popular home delivery service of large food chain stores, usually operating within 50- 60 km radiuses, places extra burden on environment and traffic, Péter Lenkei of environmentalist group Levegő Munkacsoport told daily Magyar Idők.
US State Dept Assesses Hungary In 2016 Country Reports On Human Rights Practices
- 6 Mar 2017 5:44 AM
- current affairs
Hungary is a multiparty parliamentary democracy, but is not without human rights problems, according to the US State Department’s global 2016 Country Reports on Human Rights Practices released on Friday local time.
Hungary’s Retail Sales Growth Slows To 1% In February
- 5 Apr 2017 9:00 AM
- shopping
February retail sales in Hungary rose by an annual 1 percent, the slowest rate of growth in several years, according to Central Statistical Office (KSH) data published on Tuesday. KSH noted that the slowdown was in part due to a high base. Adjusted for calendar year effects, retail sales were up by 1.2 percent. Food sales edged up by 0.2 percent, non-food sales rose by 3.1 percent and vehicle ...
Experts Say Proposed Advertising Tax To Hit Independent Outlets Hardest
- 4 Apr 2017 7:00 AM
- business
News of government attacks on NGOs and Central European University has drawn attention away from newer attempts to clamp down on Hungary’s media providers. A bill proposed last week by the Ministry of National Economy would have media providers pay a 9 percent advertising tax if their advertising revenues exceed HUF 100 million (USD 345,000) — a sizable increase from the earlier 5.3 percent tax.
Government Plans Major Advertising Tax Hike
- 30 Mar 2017 10:00 AM
- business
Advertising tax in Hungary is set to be raised from the current 5.3% to 9% as of June, for taxpayers with revenue exceeding HUF 100 million, according to a proposed amendment submitted by Minister for National Economy Mihály Varga, Hungarian wire service MTI reported today. The amendment would also allow companies tax-free self-advertising.
EC Official: Hungary ‘Healthier Than EU Average’
- 28 Mar 2017 7:28 AM
- health & wellness
Hungary has a stable economy “belonging to the healthier half” of the EU member states, a country whose economic growth is primarily driven by consumption, István Székely, Director of the European Commission’s Directorate-General for Economic and Financial Affairs, said in parliament’s European affairs committee on Monday.
Direct Flight To Be Launched Between Tunisia, Hungary
- 28 Mar 2017 6:42 AM
- travel
State secretary for economic diplomacy Levente Magyar said on Tuesday that he had discussed plans to launch regular direct flights between Hungary and Tunisia during his talks in Tunis.
Gémesi Announces Center-Right Party To Represent Hungary’s “Silent Majority”
- 21 Mar 2017 5:54 AM
- current affairs
Új Kezdet (New Start) has formally announced it will be stepping into the national political arena as a new party. At a press conference held Saturday morning in Budapest, party chairman and longtime Gödöllő mayor György Gémesi (above, third from left) unveiled the party’s platform and introduced its executive board (pictured).
OECD Acknowledges Hungary Reforms, Makes Further Recommendations
- 20 Mar 2017 6:00 AM
- current affairs
The OECD acknowledged structural reforms Hungary’s government has undertaken over the past two years in a report on Friday, but said there is still room to reduce bureaucracy for businesses, improve competition in the service sector and reduce the tax wedge on wages.
Department Stores May Pay ‘Pollution Fee’ For Home Delivery
- 14 Mar 2017 6:00 AM
- current affairs
The increasingly popular home delivery service of large food chain stores, usually operating within 50- 60 km radiuses, places extra burden on environment and traffic, Péter Lenkei of environmentalist group Levegő Munkacsoport told daily Magyar Idők.
US State Dept Assesses Hungary In 2016 Country Reports On Human Rights Practices
- 6 Mar 2017 5:44 AM
- current affairs
Hungary is a multiparty parliamentary democracy, but is not without human rights problems, according to the US State Department’s global 2016 Country Reports on Human Rights Practices released on Friday local time.















