993 result(s) for economy ministry
Hungarian Retail Sales Up 7% In July
- 4 Sep 2015 9:21 AM
- shopping
Retail sales in Hungary rose by an annual 7% in July, according to preliminary data released by the Central Statistical Office (KSH). The increase was the same when adjusted for calendar year effects. The unadjusted rise was slightly down from 7.2% in June. Takarékbank chief analyst András Oszlay said the July retail sales growth was above the 5.8% consensus as well as the bank’s 6.3% estimate.
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.
Retail Sales On Rise For 2+ Years In Hungary
- 4 Sep 2015 9:00 AM
- shopping
The volume of retail sales has been up for more than two years in Hungary and the volume growth registered in the month of July was the largest since the onset of the crisis, Minister of State for Economic Regulation Béla Glattfelder told public news channel M1, commenting on the latest data published by the Hungarian Central Statistical Office (KSH).
Hungary Spending HUF 33bn To Restore Castles & Palaces For Tourists
- 1 Sep 2015 9:00 AM
- getting around
The Hungarian government is launching a HUF 33bn (USD 11.8m) programme to restore dozens of castles and palaces across the country for touristic purposes. Under the scheme, historic buildings can apply for support between HUF 50m and HUF 1.5bn, or HUF 3bn in the case of world heritage sites.
Fidesz: Gyurcsány “Lobbying Against Hungarians” In Brussels
- 14 Aug 2015 9:00 AM
- current affairs
Former premier Ferenc Gyurcsány and the opposition Democratic Coalition (DK), the party he leads, are lobbying in Brussels to “get Hungarians punished”, the ruling Fidesz party said, responding to DK deputy leader László Varjú’s press conference earlier in the day in which he said the government’s reforms in development policy - also criticised by the European Commission - had failed.
Afghan Embassy Budapest Closed Last Month
- 12 Aug 2015 9:00 AM
- current affairs
The Afghan embassy in Budapest closed on July 1 for reasons of economy, the Foreign Ministry confirmed on Tuesday. It said the embassy closed, presumably because the Afghan government is cutting its network of embassies for financial reasons. There are some 2,000 Afghans among the 5,000-6,000 asylum seekers staying in Hungary, according to the Helsinki Committee.
Hungarian Tax Agency Employees Suspected Of Smuggling
- 31 Jul 2015 9:00 AM
- current affairs
Tax authority NAV should apply zero tolerance against its employees who break the law, the economy ministry said in a statement. The ministry issued its statement after reports that 18 tax officers are suspected of cigarette smuggling. All members of NAV, an agency which collects 93% of revenues to the central budget, must be irreproachable and fully abide with the law, the statement said.
Changing Hungarian Pensions Could Have “Serious Ramifications”
- 30 Jul 2015 9:00 AM
- business
Giving men the option to retire after 40 years of work could lead to a serious shortage in some professions, Sándor Czomba, state secretary at the economy ministry, said. Czomba told a press conference that in the next few years some 62,000 people would retire from areas where there is already a shortage. This includes 12,000 engineers. For demographic reasons, the number of newcomers will be ...
Low Pay Leaves Hungary’s Tax Office NAV Short Of Staff
- 27 Jul 2015 9:00 AM
- current affairs
The Tax and Customs Office (NAV) is suffering an extremely serious shortage of staff, the weekly Figyelõ reports, referring to a NAV document drawn up for the Economy Ministry. The note states that the equivalent of an entire regional office’s staff left the tax authority in the past year. The decline in personnel is said to due to the low salaries, as NAV employees receive Ft 70,000-160,000 less ...
Hungarian Retail Sales Up 7% In July
- 4 Sep 2015 9:21 AM
- shopping
Retail sales in Hungary rose by an annual 7% in July, according to preliminary data released by the Central Statistical Office (KSH). The increase was the same when adjusted for calendar year effects. The unadjusted rise was slightly down from 7.2% in June. Takarékbank chief analyst András Oszlay said the July retail sales growth was above the 5.8% consensus as well as the bank’s 6.3% estimate.
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.
Retail Sales On Rise For 2+ Years In Hungary
- 4 Sep 2015 9:00 AM
- shopping
The volume of retail sales has been up for more than two years in Hungary and the volume growth registered in the month of July was the largest since the onset of the crisis, Minister of State for Economic Regulation Béla Glattfelder told public news channel M1, commenting on the latest data published by the Hungarian Central Statistical Office (KSH).
Hungary Spending HUF 33bn To Restore Castles & Palaces For Tourists
- 1 Sep 2015 9:00 AM
- getting around
The Hungarian government is launching a HUF 33bn (USD 11.8m) programme to restore dozens of castles and palaces across the country for touristic purposes. Under the scheme, historic buildings can apply for support between HUF 50m and HUF 1.5bn, or HUF 3bn in the case of world heritage sites.
Fidesz: Gyurcsány “Lobbying Against Hungarians” In Brussels
- 14 Aug 2015 9:00 AM
- current affairs
Former premier Ferenc Gyurcsány and the opposition Democratic Coalition (DK), the party he leads, are lobbying in Brussels to “get Hungarians punished”, the ruling Fidesz party said, responding to DK deputy leader László Varjú’s press conference earlier in the day in which he said the government’s reforms in development policy - also criticised by the European Commission - had failed.
Afghan Embassy Budapest Closed Last Month
- 12 Aug 2015 9:00 AM
- current affairs
The Afghan embassy in Budapest closed on July 1 for reasons of economy, the Foreign Ministry confirmed on Tuesday. It said the embassy closed, presumably because the Afghan government is cutting its network of embassies for financial reasons. There are some 2,000 Afghans among the 5,000-6,000 asylum seekers staying in Hungary, according to the Helsinki Committee.
Hungarian Tax Agency Employees Suspected Of Smuggling
- 31 Jul 2015 9:00 AM
- current affairs
Tax authority NAV should apply zero tolerance against its employees who break the law, the economy ministry said in a statement. The ministry issued its statement after reports that 18 tax officers are suspected of cigarette smuggling. All members of NAV, an agency which collects 93% of revenues to the central budget, must be irreproachable and fully abide with the law, the statement said.
Changing Hungarian Pensions Could Have “Serious Ramifications”
- 30 Jul 2015 9:00 AM
- business
Giving men the option to retire after 40 years of work could lead to a serious shortage in some professions, Sándor Czomba, state secretary at the economy ministry, said. Czomba told a press conference that in the next few years some 62,000 people would retire from areas where there is already a shortage. This includes 12,000 engineers. For demographic reasons, the number of newcomers will be ...
Low Pay Leaves Hungary’s Tax Office NAV Short Of Staff
- 27 Jul 2015 9:00 AM
- current affairs
The Tax and Customs Office (NAV) is suffering an extremely serious shortage of staff, the weekly Figyelõ reports, referring to a NAV document drawn up for the Economy Ministry. The note states that the equivalent of an entire regional office’s staff left the tax authority in the past year. The decline in personnel is said to due to the low salaries, as NAV employees receive Ft 70,000-160,000 less ...















