1,327 result(s) for national economy
Hungary’s PM: Role Of National Parliaments Must Be Reconsidered
- 11 Jan 2016 8:05 AM
- current affairs
After talks in Budapest on Thursday with Prime Minister of the United Kingdom David Cameron, Prime Minister Viktor Orbán stated that both leaders want a strong Europe. At their joint press conference, Mr. Orbán spoke about Hungarians working in Britain, pointing out that it is important that they should not be subject to any discrimination. At the same time he stressed that Hungary is open to all ...
Mayor: Budapest Agglomeration Public Transport Funded Until Feb 17
- 11 Jan 2016 8:00 AM
- getting around
Public transport services to the agglomeration of Budapest will operate until February 17, when the city’s new municipal budget is scheduled for approval, Mayor of Budapest István Tarlós, said. In talks with Prime Minister Viktor Orbán in December last year it was agreed that Budapest has no obligation to finance transport in the agglomeration area, Tarlós told a press conference.
Xpat Insights: How Hungarians Evaluated 2015
- 7 Jan 2016 12:55 AM
- current affairs
Most people said last year had yielded positive results in general for their families but saw developments at a national level in a negative light, according to a survey by Ipsos - ZRI Závecz. Pollster Nézőpont reported that of the people asked in a December survey, 48% had optimistic expectations concerning the year ahead, as opposed to 34% at the end of 2014. They added that 32% voiced a ...
Xpat Opinion: 2015 – Hungary’s PM Viktor Orbán’s Year
- 5 Jan 2016 8:00 AM
- current affairs
In their assessment of last year’s developments, commentators focus on Prime Minister Orbán’s performance – for better or for worse. They recall that the Prime Minister was identified by more than one international outlet as the ‘man of the year’.
Mandatory Use Of Online Tills For Hairdressers, Cosmeticians In Hungary
- 3 Jan 2016 8:00 AM
- business
Hairdressers and cosmeticians will be exempt of the mandatory use of tills connected directly to the national tax office, but the industry can expect regular tax inspections as before, daily Magyar Idők said on Wednesday. The government made online tills mandatory for retail shops in 2014 to eliminate VAT fraud as part of its efforts to whiten the economy.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungary’s Monetary Council Assesses Economic Trends, Prospects
- 24 Dec 2015 8:00 AM
- business
Hungary’s economic growth continued but a degree of unused capacity remained in the economy, and the domestic real economic environment continued to have a disinflationary impact, the Monetary Council of the National Bank of Hungary (NBH) concluded in its December 15 policy meeting. According to the condensed minutes of the meeting released on Wednesday, the members unanimously voted to keep the ...
Hungary’s PM: Considerations Of Common Sense Have Been Removed From European Politics
- 23 Dec 2015 8:00 AM
- current affairs
In an interview with Czech daily Lidové Noviny published on Saturday, Prime Minister Viktor Orbán said that “considerations of common sense” have been removed from European politics for some time now. The Prime Minister explained that “the European political elite is sitting in a closed, ideological shell, which means it has hardly any connection to reality”. The migration crisis “demonstrates ...
Climate Summit In Paris: Hungary Has Joined The Global Green Growth Institute
- 11 Dec 2015 8:00 AM
- current affairs
On Tuesday in Paris, Minister of State for Energy András Aradszki Director–General of the Global Green Growth Institute Yvo de Boer concluded a bilateral agreement. Hungary has taken another significant step towards calling a strong climate protection cooperation to life and successfully implementing the new climate convention.
Hungary’s PM: Role Of National Parliaments Must Be Reconsidered
- 11 Jan 2016 8:05 AM
- current affairs
After talks in Budapest on Thursday with Prime Minister of the United Kingdom David Cameron, Prime Minister Viktor Orbán stated that both leaders want a strong Europe. At their joint press conference, Mr. Orbán spoke about Hungarians working in Britain, pointing out that it is important that they should not be subject to any discrimination. At the same time he stressed that Hungary is open to all ...
Mayor: Budapest Agglomeration Public Transport Funded Until Feb 17
- 11 Jan 2016 8:00 AM
- getting around
Public transport services to the agglomeration of Budapest will operate until February 17, when the city’s new municipal budget is scheduled for approval, Mayor of Budapest István Tarlós, said. In talks with Prime Minister Viktor Orbán in December last year it was agreed that Budapest has no obligation to finance transport in the agglomeration area, Tarlós told a press conference.
Xpat Insights: How Hungarians Evaluated 2015
- 7 Jan 2016 12:55 AM
- current affairs
Most people said last year had yielded positive results in general for their families but saw developments at a national level in a negative light, according to a survey by Ipsos - ZRI Závecz. Pollster Nézőpont reported that of the people asked in a December survey, 48% had optimistic expectations concerning the year ahead, as opposed to 34% at the end of 2014. They added that 32% voiced a ...
Xpat Opinion: 2015 – Hungary’s PM Viktor Orbán’s Year
- 5 Jan 2016 8:00 AM
- current affairs
In their assessment of last year’s developments, commentators focus on Prime Minister Orbán’s performance – for better or for worse. They recall that the Prime Minister was identified by more than one international outlet as the ‘man of the year’.
Mandatory Use Of Online Tills For Hairdressers, Cosmeticians In Hungary
- 3 Jan 2016 8:00 AM
- business
Hairdressers and cosmeticians will be exempt of the mandatory use of tills connected directly to the national tax office, but the industry can expect regular tax inspections as before, daily Magyar Idők said on Wednesday. The government made online tills mandatory for retail shops in 2014 to eliminate VAT fraud as part of its efforts to whiten the economy.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungary’s Monetary Council Assesses Economic Trends, Prospects
- 24 Dec 2015 8:00 AM
- business
Hungary’s economic growth continued but a degree of unused capacity remained in the economy, and the domestic real economic environment continued to have a disinflationary impact, the Monetary Council of the National Bank of Hungary (NBH) concluded in its December 15 policy meeting. According to the condensed minutes of the meeting released on Wednesday, the members unanimously voted to keep the ...
Hungary’s PM: Considerations Of Common Sense Have Been Removed From European Politics
- 23 Dec 2015 8:00 AM
- current affairs
In an interview with Czech daily Lidové Noviny published on Saturday, Prime Minister Viktor Orbán said that “considerations of common sense” have been removed from European politics for some time now. The Prime Minister explained that “the European political elite is sitting in a closed, ideological shell, which means it has hardly any connection to reality”. The migration crisis “demonstrates ...
Climate Summit In Paris: Hungary Has Joined The Global Green Growth Institute
- 11 Dec 2015 8:00 AM
- current affairs
On Tuesday in Paris, Minister of State for Energy András Aradszki Director–General of the Global Green Growth Institute Yvo de Boer concluded a bilateral agreement. Hungary has taken another significant step towards calling a strong climate protection cooperation to life and successfully implementing the new climate convention.


















