114 result(s) for increased taxes
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
More Manufacturing Jobs In Hungary In Aug -Oct
- 28 Nov 2014 8:00 AM
- current affairs
Sándor Czomba, economic state secretary for labour, told a news conference that manufacturing jobs had risen by 64,000 in August-October compared with the same period last year, while in the construction industry there were 21,000 more employees.
New Taxes In Hungary On Investment Funds And The Internet
- 22 Oct 2014 9:00 AM
- tech
The government will tax internet traffic from next year, Economy Minister Mihály Varga announced on Tuesday afternoon as he released details of the 2015 tax bill. The internet tax of Ft 150 per gigabyte of traffic generated by a user of the service, to a monthly maximum of Ft 700 for individual clients and Ft 5,000 for businesses.
Hungarian Telekom's CEO Praises Improvement In Hungarian Business Environment - An Interview
- 12 May 2014 9:00 AM
- tech
Although in previous years telecom firms in Hungary were critical of the business environment and the special taxes, Magyar Telekom CEO Christopher Mattheisen has told Magyar Nemzet that telecommunications has developed dynamically in Hungary. He is filled by optimism by the cooperation agreement his company and the Hungarian government have recently signed as that sector and the Hungarian state ...
Telenor Magyarország Revenue Little Changed In Q1
- 8 May 2014 9:00 AM
- tech
Telenor Magyarország’s first-quarter revenue edged down to 36.76 billion forints from 37 billion in the same period a year earlier, the company said. EBITDA, excluding one-off items, fell to 13.57 billion forints from 14.15 billion. Telenor said EBITDA was negatively influenced by higher telecom taxes. The number of the company’s mobile internet subscribers rose 35% over 1 million during the ...
Over 1 Million Hipernet Customers At Telenor In Hungary
- 8 May 2014 1:00 AM
- specials
The number of mobile internet customers at Telenor Hungary reached the 1 million threshold in Q1 which represents a 35% growth compared to the same period of last year. The company’s revenues remained stable, while EBITDA was negatively influenced by higher telecom taxes. The most important initiative in Q1 proved to be Telenor Próba. Under the highly popular offer customers can now try Hipernet, ...
Hungary’s Fidesz Rejects Socialist Criticism Over Employment Situation
- 16 Dec 2013 8:00 AM
- current affairs
The opposition Socialist claim that Hungary has now fewer employed than before the crisis is “not true”, the ruling Fidesz party said. Currently 235,000 more Hungarians have jobs than earlier, it added.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
More Manufacturing Jobs In Hungary In Aug -Oct
- 28 Nov 2014 8:00 AM
- current affairs
Sándor Czomba, economic state secretary for labour, told a news conference that manufacturing jobs had risen by 64,000 in August-October compared with the same period last year, while in the construction industry there were 21,000 more employees.
New Taxes In Hungary On Investment Funds And The Internet
- 22 Oct 2014 9:00 AM
- tech
The government will tax internet traffic from next year, Economy Minister Mihály Varga announced on Tuesday afternoon as he released details of the 2015 tax bill. The internet tax of Ft 150 per gigabyte of traffic generated by a user of the service, to a monthly maximum of Ft 700 for individual clients and Ft 5,000 for businesses.
Hungarian Telekom's CEO Praises Improvement In Hungarian Business Environment - An Interview
- 12 May 2014 9:00 AM
- tech
Although in previous years telecom firms in Hungary were critical of the business environment and the special taxes, Magyar Telekom CEO Christopher Mattheisen has told Magyar Nemzet that telecommunications has developed dynamically in Hungary. He is filled by optimism by the cooperation agreement his company and the Hungarian government have recently signed as that sector and the Hungarian state ...
Telenor Magyarország Revenue Little Changed In Q1
- 8 May 2014 9:00 AM
- tech
Telenor Magyarország’s first-quarter revenue edged down to 36.76 billion forints from 37 billion in the same period a year earlier, the company said. EBITDA, excluding one-off items, fell to 13.57 billion forints from 14.15 billion. Telenor said EBITDA was negatively influenced by higher telecom taxes. The number of the company’s mobile internet subscribers rose 35% over 1 million during the ...
Over 1 Million Hipernet Customers At Telenor In Hungary
- 8 May 2014 1:00 AM
- specials
The number of mobile internet customers at Telenor Hungary reached the 1 million threshold in Q1 which represents a 35% growth compared to the same period of last year. The company’s revenues remained stable, while EBITDA was negatively influenced by higher telecom taxes. The most important initiative in Q1 proved to be Telenor Próba. Under the highly popular offer customers can now try Hipernet, ...
Hungary’s Fidesz Rejects Socialist Criticism Over Employment Situation
- 16 Dec 2013 8:00 AM
- current affairs
The opposition Socialist claim that Hungary has now fewer employed than before the crisis is “not true”, the ruling Fidesz party said. Currently 235,000 more Hungarians have jobs than earlier, it added.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...