• 28 Sep 2024

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47 result(s) for local government in Finance

Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Hungary’s taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.
SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

The national economy ministry called communication by the Austrian owner of SPAR supermarkets in Hungary on government measures to bring down inflation “malicious” and “false”.
Inflation in Hungary 3.7% in February

Inflation in Hungary 3.7% in February

Annual inflation in Hungary was 3.7% in February, the Central Statistical Office (KSH) said. Month on month, prices rose by 0.7%.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
'Too Little': Opposition in Hungary Slams Draft 2024 Budget

'Too Little': Opposition in Hungary Slams Draft 2024 Budget

The opposition Democratic Coalition (DK) on Tuesday slammed the draft budget for 2024 as “without thought … the budget of idleness”, during the bill’s debate in parliament.
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
EU Funds 'Matter of Life or Death' for Budapest, Says Mayor

EU Funds 'Matter of Life or Death' for Budapest, Says Mayor

Access to European Union funding and “a quick end to rule-of-law issues” is “a matter of life or death” for Budapest, Mayor Gergely Karácsony said after meeting a delegation of the European Parliament Committee on Budgetary Control.
Karácsony: Gov't Strips Budapest of HUF 227 Billion

Karácsony: Gov't Strips Budapest of HUF 227 Billion

The central government has stripped the Budapest municipality of funds amounting to 227 billion forints (EUR 601m) in the past three years, Mayor Gergely Karácsony said on Facebook on Friday.
Record Net Profit in Q1 Reported by Banks in Hungary

Record Net Profit in Q1 Reported by Banks in Hungary

The unconsolidated net profit of Hungarian banks was up 26% year-on-year to a record Ft 499 billion in the first quarter, largely driven by foreign dividend income and the halving of the extra profit tax, according to data from the MNB.
Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Hungary’s taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.
SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

SPAR’s “Attacks” Against Gov't Driven by “Loss-Making Position” of its Local Business

The national economy ministry called communication by the Austrian owner of SPAR supermarkets in Hungary on government measures to bring down inflation “malicious” and “false”.
Inflation in Hungary 3.7% in February

Inflation in Hungary 3.7% in February

Annual inflation in Hungary was 3.7% in February, the Central Statistical Office (KSH) said. Month on month, prices rose by 0.7%.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
'Too Little': Opposition in Hungary Slams Draft 2024 Budget

'Too Little': Opposition in Hungary Slams Draft 2024 Budget

The opposition Democratic Coalition (DK) on Tuesday slammed the draft budget for 2024 as “without thought … the budget of idleness”, during the bill’s debate in parliament.
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
EU Funds 'Matter of Life or Death' for Budapest, Says Mayor

EU Funds 'Matter of Life or Death' for Budapest, Says Mayor

Access to European Union funding and “a quick end to rule-of-law issues” is “a matter of life or death” for Budapest, Mayor Gergely Karácsony said after meeting a delegation of the European Parliament Committee on Budgetary Control.
Karácsony: Gov't Strips Budapest of HUF 227 Billion

Karácsony: Gov't Strips Budapest of HUF 227 Billion

The central government has stripped the Budapest municipality of funds amounting to 227 billion forints (EUR 601m) in the past three years, Mayor Gergely Karácsony said on Facebook on Friday.