980 result(s) for gdp
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 ...
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 ...
Xpat Opinion: The Balance Of Two Years In Government
- 11 Apr 2016 9:00 AM
- current affairs
A liberal analyst thinks Hungary has deviated from its strategic goal of catching up with the most advanced countries, while a pro-government pundit sees the past two years as a succession of positive developments in the economy.
In Élet és Irodalom, economist Éva Várhegyi claims that despite the transfer of substantial EU funds to Hungary every year, the distance in terms of per capita GDP ...
TTIP Could Create 20,000-30,000 Jobs In Hungary
- 7 Apr 2016 9:00 AM
- business
The Transatlantic Trade and Investment Partnership (TTIP), a free trade agreement being negotiated between the United States and the European Union, could create 20,000-30,000 jobs in Hungary, according to participants at a conference organised by the British Embassy in Budapest.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
Doctors Collect Signatures For ‘Sustainable Health Care’
- 2 Mar 2016 4:00 AM
- health & wellness
The trade union of junior doctors and specialists (ReSzaSz) is starting a signature drive for sustainable health care, the organisation said. ReSzaSz said it wants to be the government’s dedicated partner in developing a health-care system that will create sustainable and “dignified” circumstances for healing and being healed, so that Hungarians should not have the highest chance in Europe of ...
Four Hungarian Regions Among EU ’s Poorest
- 1 Mar 2016 8:00 AM
- current affairs
Four Hungarian regions are among the European Union’s twenty poorest, according to a Eurostat report. Magyar Nemzet and Világgazdaság cited the survey on Monday, noting that northern Hungary, the northern and southern parts of the Great Plains and the south-west region lagged behind severely, in spite of Hungary’s drawing down the biggest amount of EU funds from among the former East Bloc.
Govt To Green - Light New Tourism Agency
- 1 Mar 2016 5:00 AM
- travel
The government could finalise plans as early as next week to set up a new state tourism agency that will be a part of the development ministry, the prime minister’s cabinet chief said. Addressing a conference, Antal Rogán said tourism makes up about 10% of Hungary’s GDP, which he said was “not a bad contribution”, but added that in certain other central European countries tourism accounts for 15% ...
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 ...
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 ...
Xpat Opinion: The Balance Of Two Years In Government
- 11 Apr 2016 9:00 AM
- current affairs
A liberal analyst thinks Hungary has deviated from its strategic goal of catching up with the most advanced countries, while a pro-government pundit sees the past two years as a succession of positive developments in the economy.
In Élet és Irodalom, economist Éva Várhegyi claims that despite the transfer of substantial EU funds to Hungary every year, the distance in terms of per capita GDP ...
TTIP Could Create 20,000-30,000 Jobs In Hungary
- 7 Apr 2016 9:00 AM
- business
The Transatlantic Trade and Investment Partnership (TTIP), a free trade agreement being negotiated between the United States and the European Union, could create 20,000-30,000 jobs in Hungary, according to participants at a conference organised by the British Embassy in Budapest.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
Doctors Collect Signatures For ‘Sustainable Health Care’
- 2 Mar 2016 4:00 AM
- health & wellness
The trade union of junior doctors and specialists (ReSzaSz) is starting a signature drive for sustainable health care, the organisation said. ReSzaSz said it wants to be the government’s dedicated partner in developing a health-care system that will create sustainable and “dignified” circumstances for healing and being healed, so that Hungarians should not have the highest chance in Europe of ...
Four Hungarian Regions Among EU ’s Poorest
- 1 Mar 2016 8:00 AM
- current affairs
Four Hungarian regions are among the European Union’s twenty poorest, according to a Eurostat report. Magyar Nemzet and Világgazdaság cited the survey on Monday, noting that northern Hungary, the northern and southern parts of the Great Plains and the south-west region lagged behind severely, in spite of Hungary’s drawing down the biggest amount of EU funds from among the former East Bloc.
Govt To Green - Light New Tourism Agency
- 1 Mar 2016 5:00 AM
- travel
The government could finalise plans as early as next week to set up a new state tourism agency that will be a part of the development ministry, the prime minister’s cabinet chief said. Addressing a conference, Antal Rogán said tourism makes up about 10% of Hungary’s GDP, which he said was “not a bad contribution”, but added that in certain other central European countries tourism accounts for 15% ...