604 result(s) for mihály varga
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Hungarian Anthrax Farmer Linked To Fazekas
- 8 Jul 2014 8:00 AM
- current affairs
József Nagy, the man on whose farm anthrax was discovered last week, is a relative newcomer to farming who won land at low rent in a state tender without owning any livestock when he submitted his bid, Népszabadság reports.
Hungarian MPs Approve Tighter Restrictions On Advertising Tax Base
- 7 Jul 2014 9:00 AM
- current affairs
Lawmakers passed legislation on Friday that restricts the chance companies have to reduce their base for the advertising tax this year. The law allows tax base reductions only for those companies that made losses or broke even in 2013, in the interest of preventing tax evasion.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
New Fidesz Bill In Hungary Closes RTL Loophole
- 1 Jul 2014 9:00 AM
- current affairs
Fidesz moved yesterday to amend the advertising tax, approved earlier this month, following reports that a last-minute change to the bill may have saved RTL Klub Ft 3 billion in taxes this year. That change, seen as benefiting rival TV2, allowed companies to deduct previous years’ losses from their tax base.
Varga: Hungary’s RTL Klub Tax Write-Off In 2011 Comes To Huf 23bn
- 27 Jun 2014 9:00 AM
- business
Commercial TV channel RTL Klub recorded 23 billion forints (EUR 74.8bn) in deferred losses back in 2011, and this is an amount that already raises eyebrows, the economy minister told MTI on Thursday.
Foreign Currency Loans To Be Eliminated From The Hungarian Market By End Of 2014
- 8 Jul 2014 10:00 AM
- business
Foreign-currency denominated loans will be eliminated from Hungary's lending market by way of converting them to forint loans before the end of this year, Minister of National Economy Mihály Varga told public media on Monday. Based on a Supreme Court ruling, deeming the rate spread applied to foreign currency loan constructions unfair, Parliament adopted on Friday a bailout package. According to ...
Hungary’s Finance Minister Varga: Bank Tax May Be Redesigned
- 8 Jul 2014 9:00 AM
- business
The government is mulling a rethink of Hungary’s sectoral tax on banks, Mihály Varga, the economy minister, told public broadcaster Kossuth Rádió. “I don’t exclude the possibility of revising or rethinking the banking tax, since banks are going to be assuming a heavy burden to compensate clients, but now is not the time for this.”
Hungarian Anthrax Farmer Linked To Fazekas
- 8 Jul 2014 8:00 AM
- current affairs
József Nagy, the man on whose farm anthrax was discovered last week, is a relative newcomer to farming who won land at low rent in a state tender without owning any livestock when he submitted his bid, Népszabadság reports.
Hungarian MPs Approve Tighter Restrictions On Advertising Tax Base
- 7 Jul 2014 9:00 AM
- current affairs
Lawmakers passed legislation on Friday that restricts the chance companies have to reduce their base for the advertising tax this year. The law allows tax base reductions only for those companies that made losses or broke even in 2013, in the interest of preventing tax evasion.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
New Fidesz Bill In Hungary Closes RTL Loophole
- 1 Jul 2014 9:00 AM
- current affairs
Fidesz moved yesterday to amend the advertising tax, approved earlier this month, following reports that a last-minute change to the bill may have saved RTL Klub Ft 3 billion in taxes this year. That change, seen as benefiting rival TV2, allowed companies to deduct previous years’ losses from their tax base.
Varga: Hungary’s RTL Klub Tax Write-Off In 2011 Comes To Huf 23bn
- 27 Jun 2014 9:00 AM
- business
Commercial TV channel RTL Klub recorded 23 billion forints (EUR 74.8bn) in deferred losses back in 2011, and this is an amount that already raises eyebrows, the economy minister told MTI on Thursday.
















