• 23 Oct 2021

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Budapest Seeking Transfer of Biodome Project to State

Budapest Seeking Transfer of Biodome Project to State

The city of Budapest has offered property rights of the Biodome, now under construction in the City Park, to the Hungarian state in return for the government completing the contested project.
Hungarian Central Bank Raises Base Rate to 1.8 %

Hungarian Central Bank Raises Base Rate to 1.8 %

The MNB monetary council increased the base rate from 1.65% to 1.8% at its meeting on Tuesday, in line with expectations.
Outcome of Opposition Primary Irrelevant, Says Gov't Official

Outcome of Opposition Primary Irrelevant, Says Gov't Official

The outcome of the opposition’s prime ministerial primary is irrelevant because the balance of power among Hungary’s political parties is determined by how many seats they each hold in parliament, a government official told the Saturday edition of the daily Magyar Nemzet.
Hungary & Visegrad Group to Veto EU Climate Tax Plans

Hungary & Visegrad Group to Veto EU Climate Tax Plans

Hungary and the Visegrad Group countries will veto a new tax Brussels plans to introduce “under the guise of fighting climate change”, the communications director of ruling Fidesz said over the weekend.
Investment Rate in Hungary at Highest Level Despite Pandemic

Investment Rate in Hungary at Highest Level Despite Pandemic

The investment rate in Hungary of 27% in the second quarter is the highest level for many years, a finance ministry official said on Wednesday, adding that investors in the country were undeterred by the pandemic-related crisis.
Socialists Demand Cut to VAT on Food

Socialists Demand Cut to VAT on Food

The Socialists on Wednesday called on the government to cut VAT on basic foodstuffs to 5% and of other food products to 18%, saying ruling “Fidesz has unleashed brutal price hikes in the country”.
EU Allows Hungary to Maintain Two Tax Measures Until 2024

EU Allows Hungary to Maintain Two Tax Measures Until 2024

Hungary has been granted a derogation from European Union rules for two tax measures until the end of 2024, state secretary for tax affairs Norbert Izer said in a statement.
Hungary Offers Right Environment For Fintech, Says FM

Hungary Offers Right Environment For Fintech, Says FM

Hungary offers a favourable environment for the growth of fintech companies, Foreign Minister Péter Szijjártó said in Madrid.
President Áder Discusses Food Waste in Podcast

President Áder Discusses Food Waste in Podcast

One-third of food produced in the developed world never reaches the consumers, President János Áder said in his Blue Planet (Kék bolygó) podcast together with the developer of Munch, an app designed to reduce food waste.
Budapest Seeking Transfer of Biodome Project to State

Budapest Seeking Transfer of Biodome Project to State

The city of Budapest has offered property rights of the Biodome, now under construction in the City Park, to the Hungarian state in return for the government completing the contested project.
Hungarian Central Bank Raises Base Rate to 1.8 %

Hungarian Central Bank Raises Base Rate to 1.8 %

The MNB monetary council increased the base rate from 1.65% to 1.8% at its meeting on Tuesday, in line with expectations.
Outcome of Opposition Primary Irrelevant, Says Gov't Official

Outcome of Opposition Primary Irrelevant, Says Gov't Official

The outcome of the opposition’s prime ministerial primary is irrelevant because the balance of power among Hungary’s political parties is determined by how many seats they each hold in parliament, a government official told the Saturday edition of the daily Magyar Nemzet.
Hungary & Visegrad Group to Veto EU Climate Tax Plans

Hungary & Visegrad Group to Veto EU Climate Tax Plans

Hungary and the Visegrad Group countries will veto a new tax Brussels plans to introduce “under the guise of fighting climate change”, the communications director of ruling Fidesz said over the weekend.
Investment Rate in Hungary at Highest Level Despite Pandemic

Investment Rate in Hungary at Highest Level Despite Pandemic

The investment rate in Hungary of 27% in the second quarter is the highest level for many years, a finance ministry official said on Wednesday, adding that investors in the country were undeterred by the pandemic-related crisis.
Socialists Demand Cut to VAT on Food

Socialists Demand Cut to VAT on Food

The Socialists on Wednesday called on the government to cut VAT on basic foodstuffs to 5% and of other food products to 18%, saying ruling “Fidesz has unleashed brutal price hikes in the country”.
EU Allows Hungary to Maintain Two Tax Measures Until 2024

EU Allows Hungary to Maintain Two Tax Measures Until 2024

Hungary has been granted a derogation from European Union rules for two tax measures until the end of 2024, state secretary for tax affairs Norbert Izer said in a statement.
Hungary Offers Right Environment For Fintech, Says FM

Hungary Offers Right Environment For Fintech, Says FM

Hungary offers a favourable environment for the growth of fintech companies, Foreign Minister Péter Szijjártó said in Madrid.
President Áder Discusses Food Waste in Podcast

President Áder Discusses Food Waste in Podcast

One-third of food produced in the developed world never reaches the consumers, President János Áder said in his Blue Planet (Kék bolygó) podcast together with the developer of Munch, an app designed to reduce food waste.