1,327 result(s) for national economy
Ministry Rejecting Lidl Expansions In Hungary
- 10 Nov 2015 10:00 AM
- shopping
The Economy Ministry has refused all 28 requests from German discount chain Lidl for exemptions from the so-called “plaza stop” law against the construction of large shops or shopping malls. The law passed in 2012 banned the construction of retail units larger than 300m2 until 2013 and larger than 400m2 from 2014, if no special permit was obtained.
Jobbik To File Complaint Over Hungarian Border Fence Costs
- 5 Nov 2015 8:00 AM
- current affairs
Materials and equipment used in the recent construction of the border fence between Hungary and Serbia were purchased at 5-8 times the market price, the radical nationalist Jobbik party said. Deputy leader István Apáti said that the government had provided “confusing” answers to relevant questions and added that his party would file a criminal complaint under suspicion of abuse of public funds.
Govt To Create A More Taxpayer-Friendly, Less Complicated Tax Regime
- 14 Oct 2015 9:00 AM
- business
The Government aims to set up a new, customer-friendly taxation system that is faster and requires less administration and bureaucracy, Minister of State for Parliamentary Affairs and Taxation András Tállai said at a press conference after having presented a bill on the rules of taxation to Hungary’s National Assembly.
Tens Of Thousands Of Jobs Vacant In Hungary
- 12 Oct 2015 9:00 AM
- current affairs
Hungary has tens of thousands of unfilled jobs with mechanics, cleaners and garbage collectors among the most sought-after workers, the Saturday edition of daily Magyar Idők said. Citing August jobs data from the economy ministry, the paper said there was also a nationwide shortage of construction, industrial and agricultural workers, with each sector reporting over 1,000 vacancies.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Pro-Govt Poster Exhibition On Migration With Opposition Comments
- 6 Oct 2015 9:00 AM
- current affairs
The pro-government Civil Unity Forum (CÖF) has opened an open-air poster exhibition about opposition politicians’ remarks on migrants. The posters on display near MPs’ offices at Budapest’s Olimpia Park are aimed to contrast opposition statements with the “reality” about migrants, CÖF founder László Csizmadia said. Next to the photos and citations by Socialist, Democratic Coalition (DK) and ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Péter Szijjártó Reopens Hungarian Consulate General in Chicago
- 5 Oct 2015 11:00 AM
- current affairs
On Thursday, Minister of Foreign Affairs and Trade Péter Szijjártó reopened the Hungarian Consulate General in Chicago, which was closed in 2009. The Minister said that the Consulate General plays a key role with regard to both the economy and national policy because a Hungarian community of 35-40 thousand people lives in the American Midwest, in and around Chicago. Moreover, there are many ...
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...
Ministry Rejecting Lidl Expansions In Hungary
- 10 Nov 2015 10:00 AM
- shopping
The Economy Ministry has refused all 28 requests from German discount chain Lidl for exemptions from the so-called “plaza stop” law against the construction of large shops or shopping malls. The law passed in 2012 banned the construction of retail units larger than 300m2 until 2013 and larger than 400m2 from 2014, if no special permit was obtained.
Jobbik To File Complaint Over Hungarian Border Fence Costs
- 5 Nov 2015 8:00 AM
- current affairs
Materials and equipment used in the recent construction of the border fence between Hungary and Serbia were purchased at 5-8 times the market price, the radical nationalist Jobbik party said. Deputy leader István Apáti said that the government had provided “confusing” answers to relevant questions and added that his party would file a criminal complaint under suspicion of abuse of public funds.
Govt To Create A More Taxpayer-Friendly, Less Complicated Tax Regime
- 14 Oct 2015 9:00 AM
- business
The Government aims to set up a new, customer-friendly taxation system that is faster and requires less administration and bureaucracy, Minister of State for Parliamentary Affairs and Taxation András Tállai said at a press conference after having presented a bill on the rules of taxation to Hungary’s National Assembly.
Tens Of Thousands Of Jobs Vacant In Hungary
- 12 Oct 2015 9:00 AM
- current affairs
Hungary has tens of thousands of unfilled jobs with mechanics, cleaners and garbage collectors among the most sought-after workers, the Saturday edition of daily Magyar Idők said. Citing August jobs data from the economy ministry, the paper said there was also a nationwide shortage of construction, industrial and agricultural workers, with each sector reporting over 1,000 vacancies.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Pro-Govt Poster Exhibition On Migration With Opposition Comments
- 6 Oct 2015 9:00 AM
- current affairs
The pro-government Civil Unity Forum (CÖF) has opened an open-air poster exhibition about opposition politicians’ remarks on migrants. The posters on display near MPs’ offices at Budapest’s Olimpia Park are aimed to contrast opposition statements with the “reality” about migrants, CÖF founder László Csizmadia said. Next to the photos and citations by Socialist, Democratic Coalition (DK) and ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
Péter Szijjártó Reopens Hungarian Consulate General in Chicago
- 5 Oct 2015 11:00 AM
- current affairs
On Thursday, Minister of Foreign Affairs and Trade Péter Szijjártó reopened the Hungarian Consulate General in Chicago, which was closed in 2009. The Minister said that the Consulate General plays a key role with regard to both the economy and national policy because a Hungarian community of 35-40 thousand people lives in the American Midwest, in and around Chicago. Moreover, there are many ...
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...