3,384 result(s) for european union
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Hungary’s PM Orbán: Growth Requires Stepping Beyond Traditional Dogma
- 16 Dec 2014 8:00 AM
- business
Hungary has proven that in order to stimulate economic growth several traditional economic dogmas must be transcended, Prime Minister Viktor Orbán told Serbia’s Tanjug news agency ahead of a China-Central-Europe summit to be held in Belgrade.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Hungary Posts Eur 374 M Oct Trade Surplus
- 9 Dec 2014 3:00 AM
- business
Hungary posted a trade surplus of 373.8 million euros in October, based on preliminary data, down 322 million euros from October last year, the Central Statistical Office (KSH) said. Exports fell by 2.1% to 7.512 billion euros while imports rose by 2.3% at 7.139 billion.
Electricity, Gas In Hungary Second Cheapest In Europe
- 4 Dec 2014 8:00 AM
- shopping
Hungarian families now pay the second lowest prices for gas and electricity in the European Union, János Fónagy, state secretary at the development ministry, said. Fónagy said that the government’s utility cuts programme, launched in January last year, has so far left 334 billion forints (EUR 1.1bn) with families.
Hungary, Bulgaria, Greece, Romania Discuss South Corridor Gas Pipeline
- 4 Dec 2014 8:00 AM
- current affairs
Representatives of Hungary, Bulgaria, Greece and Romania held consultations concerning the South Corridor gas pipeline network in Athens on December 1, Hungary’s foreign ministry said. Russian President Vladimir Putin said on Monday that the South Stream pipeline project was being scrapped because of opposition in Europe.
New Statutes Might Reduce Market Share Of Foreign-Owned Food Retailers
- 4 Dec 2014 8:00 AM
- shopping
The Hungarian government is about to use legal measures to reduce the market share of foreign-owned retail chain stores in Hungary. The proposed measures - which amalgamate related ideas of the past five years - might even shoo off some foreign retailers from Hungary altogether.
Statement By Senator Mccain Expressing Concern About Democracy And Rule Of Law In Hungary
- 4 Dec 2014 4:00 AM
- current affairs
Washington, D.C. – U.S. Senator John McCain (R-AZ) today released the following statement expressing concern about democracy and the rule of law in Hungary:
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Hungary’s PM Orbán: Growth Requires Stepping Beyond Traditional Dogma
- 16 Dec 2014 8:00 AM
- business
Hungary has proven that in order to stimulate economic growth several traditional economic dogmas must be transcended, Prime Minister Viktor Orbán told Serbia’s Tanjug news agency ahead of a China-Central-Europe summit to be held in Belgrade.
Hungarian Govt: No Risks In 2015 Budget
- 12 Dec 2014 8:00 AM
- business
Government officials have said there were no risks in the 2015 budget, noting that the budget had not taken into account the some 300 billion forints (EUR 980m) in profit the National Bank of Hungary is expected to generate and saying there was fiscal room for a number of big investments.
Hungary Posts Eur 374 M Oct Trade Surplus
- 9 Dec 2014 3:00 AM
- business
Hungary posted a trade surplus of 373.8 million euros in October, based on preliminary data, down 322 million euros from October last year, the Central Statistical Office (KSH) said. Exports fell by 2.1% to 7.512 billion euros while imports rose by 2.3% at 7.139 billion.
Electricity, Gas In Hungary Second Cheapest In Europe
- 4 Dec 2014 8:00 AM
- shopping
Hungarian families now pay the second lowest prices for gas and electricity in the European Union, János Fónagy, state secretary at the development ministry, said. Fónagy said that the government’s utility cuts programme, launched in January last year, has so far left 334 billion forints (EUR 1.1bn) with families.
Hungary, Bulgaria, Greece, Romania Discuss South Corridor Gas Pipeline
- 4 Dec 2014 8:00 AM
- current affairs
Representatives of Hungary, Bulgaria, Greece and Romania held consultations concerning the South Corridor gas pipeline network in Athens on December 1, Hungary’s foreign ministry said. Russian President Vladimir Putin said on Monday that the South Stream pipeline project was being scrapped because of opposition in Europe.
New Statutes Might Reduce Market Share Of Foreign-Owned Food Retailers
- 4 Dec 2014 8:00 AM
- shopping
The Hungarian government is about to use legal measures to reduce the market share of foreign-owned retail chain stores in Hungary. The proposed measures - which amalgamate related ideas of the past five years - might even shoo off some foreign retailers from Hungary altogether.
Statement By Senator Mccain Expressing Concern About Democracy And Rule Of Law In Hungary
- 4 Dec 2014 4:00 AM
- current affairs
Washington, D.C. – U.S. Senator John McCain (R-AZ) today released the following statement expressing concern about democracy and the rule of law in Hungary:
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...