4,107 result(s) for forint
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
City Council Cuts Budapest Festival Orchestra Funding By HUF 200 M
- 28 Apr 2016 9:00 AM
- community & culture
The Budapest general assembly voted to cut funding for the internationally celebrated Budapest Festival Orchestra from last year’s 260 million forints (EUR 840,000) to 60 million forints. Budapest Deputy Mayor Alexandra Szalay- Bobrovniczky said in the debate on the orchestra’s funding that it receives a significant amount of state support alongside the money it gets from the city.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Együtt Asks For Data On Castle Relocation Project
- 25 Apr 2016 9:00 AM
- property
The opposition Együtt party is filing an official request for public data on plans to relocate cabinet offices to the Buda Castle and the related construction work. Márton Pataki, a senior official of the party, told MTI that important information was missing on the construction being carried out on the Carmelite monastery building, such as what changes were planned to its facade.
Hungary Issues Over 100 Commercial Drone Licences
- 22 Apr 2016 9:00 AM
- business
Hungary’s National Transport Authority (NKH) has so far issued more than 100 licences for the commercial use of unmanned aerial vehicles, business daily Világgazdaság said. The licences cost 19,000 forints (EUR 61) apiece, while a one-time permit for the use of air space is 3,000 forints.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Jaguar & Land Rover Support Hungarian Artists
- 21 Apr 2016 9:00 AM
- community & culture
Even the vendors of Jaguar and Land Rover have snapped at the Hungarian talent spotter show which has been purchased by an American company recently. The mentioned brands are expected to become more popular amongst the sophisticated, adept audience by the action.
Parties Respond To Teachers Strike
- 21 Apr 2016 9:00 AM
- current affairs
Politicians and activists of the Socialist opposition expressed solidarity with teachers in front of the Parliament. Party leader József Tóbiás said that the strike was about common goals and solidarity, and those in power must not be allowed to threaten those who joined the strike.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
City Council Cuts Budapest Festival Orchestra Funding By HUF 200 M
- 28 Apr 2016 9:00 AM
- community & culture
The Budapest general assembly voted to cut funding for the internationally celebrated Budapest Festival Orchestra from last year’s 260 million forints (EUR 840,000) to 60 million forints. Budapest Deputy Mayor Alexandra Szalay- Bobrovniczky said in the debate on the orchestra’s funding that it receives a significant amount of state support alongside the money it gets from the city.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Együtt Asks For Data On Castle Relocation Project
- 25 Apr 2016 9:00 AM
- property
The opposition Együtt party is filing an official request for public data on plans to relocate cabinet offices to the Buda Castle and the related construction work. Márton Pataki, a senior official of the party, told MTI that important information was missing on the construction being carried out on the Carmelite monastery building, such as what changes were planned to its facade.
Hungary Issues Over 100 Commercial Drone Licences
- 22 Apr 2016 9:00 AM
- business
Hungary’s National Transport Authority (NKH) has so far issued more than 100 licences for the commercial use of unmanned aerial vehicles, business daily Világgazdaság said. The licences cost 19,000 forints (EUR 61) apiece, while a one-time permit for the use of air space is 3,000 forints.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Jaguar & Land Rover Support Hungarian Artists
- 21 Apr 2016 9:00 AM
- community & culture
Even the vendors of Jaguar and Land Rover have snapped at the Hungarian talent spotter show which has been purchased by an American company recently. The mentioned brands are expected to become more popular amongst the sophisticated, adept audience by the action.
Parties Respond To Teachers Strike
- 21 Apr 2016 9:00 AM
- current affairs
Politicians and activists of the Socialist opposition expressed solidarity with teachers in front of the Parliament. Party leader József Tóbiás said that the strike was about common goals and solidarity, and those in power must not be allowed to threaten those who joined the strike.















