163 result(s) for fiscal policy
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Hungarian Government And Foreign Companies Share The Same Interests
- 23 Jul 2012 9:00 AM
- current affairs
The interests of the government and foreign companies operating in Hungary coincide, Foreign Minister János Martonyi told the press conference following a meeting of the Hungarian European Business Council (HEBC) on Thursday.
Hungarian Parliament Has Voted On The Telecom Services Tax
- 21 May 2012 9:00 AM
- tech
The next step is taken in order to establish long term fiscal sustainability and reduce general government debt. Due to the slowing of the European economy and the protracted euro-zone crisis, the European Commission forecasts lower growth for 2012 and 2013, and therefore the government has decided to implement measures aimed at fiscal improvement.
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...
EU Finance Ministers Impose Funding Suspension For Hungary, Will Revisit Decision In June
- 14 Mar 2012 8:03 AM
- current affairs
"EU finance ministers on Tuesday decided to go ahead with the suspension of a portion of Hungary's cohesion funding for 2013 but also agreed to revisit the decision in June to assess the government's progress in keeping to its budget deficit goals, officials of the EU Danish presidency told MTI.
Hungarian Minister Zoltán Kovács In Paris – On The Crisis Of The Euro-Zone
- 2 Mar 2012 8:02 AM
- business
"Zoltán Kovács, Minister of State for Government Communication, took part in a round-table discussion on the subject of the eurozone crisis at the Paris office of the European Commission.
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
Hungarian National Energy Strategy 2030 Published
- 17 Feb 2012 8:00 AM
- current affairs
"The National Energy Strategy 2030 was published by the Ministry of National Development. As from 14 February 2012, the document is also available in an electronic format in Hungarian and English on the Government’s website.
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Hungarian Government And Foreign Companies Share The Same Interests
- 23 Jul 2012 9:00 AM
- current affairs
The interests of the government and foreign companies operating in Hungary coincide, Foreign Minister János Martonyi told the press conference following a meeting of the Hungarian European Business Council (HEBC) on Thursday.
Hungarian Parliament Has Voted On The Telecom Services Tax
- 21 May 2012 9:00 AM
- tech
The next step is taken in order to establish long term fiscal sustainability and reduce general government debt. Due to the slowing of the European economy and the protracted euro-zone crisis, the European Commission forecasts lower growth for 2012 and 2013, and therefore the government has decided to implement measures aimed at fiscal improvement.
Colling Accounting: Personal Income Tax Changes In 2012
- 2 May 2012 6:56 AM
- specials
"Tax base top-up According to the new rules in the case of incomes below the annual gross income limit of HUF 2,424,000 the annual tax rate will remain 16%, i.e. the tax base top-up (27%) is not to be considered for the purpose of tax base. In the case of incomes above that (gross HUF 202,000 / month) the 16% personal income tax advance for the part above the limit shall be calculated for a ...
EU Finance Ministers Impose Funding Suspension For Hungary, Will Revisit Decision In June
- 14 Mar 2012 8:03 AM
- current affairs
"EU finance ministers on Tuesday decided to go ahead with the suspension of a portion of Hungary's cohesion funding for 2013 but also agreed to revisit the decision in June to assess the government's progress in keeping to its budget deficit goals, officials of the EU Danish presidency told MTI.
Hungarian Minister Zoltán Kovács In Paris – On The Crisis Of The Euro-Zone
- 2 Mar 2012 8:02 AM
- business
"Zoltán Kovács, Minister of State for Government Communication, took part in a round-table discussion on the subject of the eurozone crisis at the Paris office of the European Commission.
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
Hungarian National Energy Strategy 2030 Published
- 17 Feb 2012 8:00 AM
- current affairs
"The National Energy Strategy 2030 was published by the Ministry of National Development. As from 14 February 2012, the document is also available in an electronic format in Hungarian and English on the Government’s website.