• 22 Nov 2024

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88 result(s) for high energy costs

Central Bank Hikes Base Rate by 50 Bps to 2.9%

Central Bank Hikes Base Rate by 50 Bps to 2.9%

Hungarian central bank (NBH) rate-setters, at a regular policy meeting on Tuesday, hiked the base rate by 50 basis points to 2.9%.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
Lower Utility Rates for SMEs Likely in Hungary

Lower Utility Rates for SMEs Likely in Hungary

The government will let small businesses join a universal energy provider, through which they will benefit from fixed gas and electricity prices, based on a suggestion of the Hungarian Chamber of Commerce and Industry (MKIK).
Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10% while also raising both sides of the interest rate corridor by 30 basis points.
EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

The European Commission has raised its projection for GDP growth in Hungary this year to 7.4%, up from its July projection of 6.3%.
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.
Opposition Accuses PM Orbán of 'Greenwashing'

Opposition Accuses PM Orbán of 'Greenwashing'

The opposition LMP has slammed Viktor Orbán’s recent remarks on climate protection, calling on the prime minister to “take action rather than holding propaganda speeches”.
Interior Design Taking On Greater Emphasis In Hungary

Interior Design Taking On Greater Emphasis In Hungary

Despite the lockdown and debates over the very future of the office markets, developers are moving ahead with complexes are now delivering projects that were initiated in the pre-virus period.
Colling Accounting: Tax Changes In Hungary For 2020 - 21

Colling Accounting: Tax Changes In Hungary For 2020 - 21

  • 10 Mar 2020 1:58 PM
  • specials
Value Added Tax: As of 1 January 2020, it is possible (as part of the self-check) to retroactively decrease the tax base as bad debt claims. In these cases, the tax base can be decreased in retrospect by the net value of the bad debt.
Central Bank Hikes Base Rate by 50 Bps to 2.9%

Central Bank Hikes Base Rate by 50 Bps to 2.9%

Hungarian central bank (NBH) rate-setters, at a regular policy meeting on Tuesday, hiked the base rate by 50 basis points to 2.9%.
Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Fiscal Policy's Effect On Inflation Only Mild, Says Hungarian Finmin

Mihály Varga, the finance minister, in an op-ed published on Tuesday, said fiscal policy and wages only had a mild effect on inflation and the current account, and external factors were more at play. In his article in the business daily Világgazdaság, Varga said the jump in energy prices, raw materials and transport costs, as well as the re-pricing amid the post-pandemic economy — services in ...
Lower Utility Rates for SMEs Likely in Hungary

Lower Utility Rates for SMEs Likely in Hungary

The government will let small businesses join a universal energy provider, through which they will benefit from fixed gas and electricity prices, based on a suggestion of the Hungarian Chamber of Commerce and Industry (MKIK).
Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary Central Bank Raises Key Rate by 30 Basis Points

Hungary rate-setters at a regular policy meeting on Tuesday raised the base rate by 30 basis points to 2.10% while also raising both sides of the interest rate corridor by 30 basis points.
EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

EC Raises Hungary 2021 GDP Growth Forecast to 7.4%

The European Commission has raised its projection for GDP growth in Hungary this year to 7.4%, up from its July projection of 6.3%.
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.
Opposition Accuses PM Orbán of 'Greenwashing'

Opposition Accuses PM Orbán of 'Greenwashing'

The opposition LMP has slammed Viktor Orbán’s recent remarks on climate protection, calling on the prime minister to “take action rather than holding propaganda speeches”.
Interior Design Taking On Greater Emphasis In Hungary

Interior Design Taking On Greater Emphasis In Hungary

Despite the lockdown and debates over the very future of the office markets, developers are moving ahead with complexes are now delivering projects that were initiated in the pre-virus period.
Colling Accounting: Tax Changes In Hungary For 2020 - 21

Colling Accounting: Tax Changes In Hungary For 2020 - 21

  • 10 Mar 2020 1:58 PM
  • specials
Value Added Tax: As of 1 January 2020, it is possible (as part of the self-check) to retroactively decrease the tax base as bad debt claims. In these cases, the tax base can be decreased in retrospect by the net value of the bad debt.