358 result(s) for finance ministry
Hungary Jumps More Than 10 Places In World Bank Ranking
- 29 Oct 2015 8:00 AM
- business
Hungary moved up by more than ten places to 42nd out of 189 countries in the World Bank’s 2016 Doing Business ranking, the economy ministry said on Wednesday. The World Bank introduced a number of changes to the methodology used to compile the report, which allowed Hungary to improve to 42nd from its 2015 ranking of 54th place.
Former State Official Sentenced To Years For Sukoro Graft In Hungary
- 1 Oct 2015 9:02 AM
- current affairs
A court sentenced Miklós Tátrai, former head of the state asset management company (MNV), to four years in prison for causing damages to the state in connection with a planned casino investment near the village of Sukoró, next to Lake Velence, in central Hungary. The secondary defendant, Zsolt Császy, a former MNV sales executive, was charged as an accomplice in document fraud and given a ...
Those Who Wish To Help Refugees In Hungary Should Do So Through Aid Organisations
- 10 Sep 2015 10:20 AM
- current affairs
Those who truly wish to help asylum-seekers should do so through aid organisations which have extensive experience of decades, are familiar with the relevant regulations, and are able to cooperate with the authorities, Minister of Human Resources Zoltán Balog said at the press conference held in Budapest after a meeting with the members of the Charity Council.
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Hungary, Austria Eyeing EUR 162m Railway Upgrade
- 18 Mar 2015 8:00 AM
- getting around
Hungary and Austria are looking into possibilities of developing the railway network between their countries by tapping funding from “the Juncker package”, an official of the foreign ministry said. If the 162 million euro development plan cannot be financed from President of the European Commission Jean-Claude Juncker’s 315 billion euro investment plan, alternative funding sources must be found, ...
Hungary, Luxembourg Sign Agreement To Avoid Double Taxation
- 11 Mar 2015 8:00 AM
- business
Representatives of the governments of Hungary and Luxembourg signed an agreement to eliminate double taxation on the sidelines of a meeting of EU finance ministers, the economy ministry said. The new agreement, signed by Economy Minister Mihály Varga and counterpart Pierre Gramegna, replaces an earlier one signed in 1990.
Hungary Jumps More Than 10 Places In World Bank Ranking
- 29 Oct 2015 8:00 AM
- business
Hungary moved up by more than ten places to 42nd out of 189 countries in the World Bank’s 2016 Doing Business ranking, the economy ministry said on Wednesday. The World Bank introduced a number of changes to the methodology used to compile the report, which allowed Hungary to improve to 42nd from its 2015 ranking of 54th place.
Former State Official Sentenced To Years For Sukoro Graft In Hungary
- 1 Oct 2015 9:02 AM
- current affairs
A court sentenced Miklós Tátrai, former head of the state asset management company (MNV), to four years in prison for causing damages to the state in connection with a planned casino investment near the village of Sukoró, next to Lake Velence, in central Hungary. The secondary defendant, Zsolt Császy, a former MNV sales executive, was charged as an accomplice in document fraud and given a ...
Those Who Wish To Help Refugees In Hungary Should Do So Through Aid Organisations
- 10 Sep 2015 10:20 AM
- current affairs
Those who truly wish to help asylum-seekers should do so through aid organisations which have extensive experience of decades, are familiar with the relevant regulations, and are able to cooperate with the authorities, Minister of Human Resources Zoltán Balog said at the press conference held in Budapest after a meeting with the members of the Charity Council.
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Lazar Names Govt Agencies Impacted By Brokerage Scandals
- 2 Apr 2015 5:00 AM
- business
Cabinet chief János Lázár has mentioned the Prime Minister’s Office, the foreign ministry, the agricultural ministry, as well as a number of local governments as agencies that had financial dealings with brokerage companies. Lazar referred to a 17 billion forint (EUR 56m) loan granted by the Hungarian Development Bank under a previous, Socialist, government to now bankrupted Quaestor, as the ...
If Viktor Orbán Can Survive Broker Scandal, He Can Survive Anything
- 30 Mar 2015 9:00 AM
- current affairs
Hungarian Prime Minister Viktor Orbán acknowledged on Wednesday that he himself ordered ministries to withdraw their money from brokerage firms. If the decision was based on inside information then the Prime Minister acknowledged committing a serious economic crime.
Hungary, Austria Eyeing EUR 162m Railway Upgrade
- 18 Mar 2015 8:00 AM
- getting around
Hungary and Austria are looking into possibilities of developing the railway network between their countries by tapping funding from “the Juncker package”, an official of the foreign ministry said. If the 162 million euro development plan cannot be financed from President of the European Commission Jean-Claude Juncker’s 315 billion euro investment plan, alternative funding sources must be found, ...
Hungary, Luxembourg Sign Agreement To Avoid Double Taxation
- 11 Mar 2015 8:00 AM
- business
Representatives of the governments of Hungary and Luxembourg signed an agreement to eliminate double taxation on the sidelines of a meeting of EU finance ministers, the economy ministry said. The new agreement, signed by Economy Minister Mihály Varga and counterpart Pierre Gramegna, replaces an earlier one signed in 1990.















