1,327 result(s) for national economy
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Hungary Spending HUF 600 Million To Remind Hungarians They Don’t Live In Greece
- 16 Jul 2015 9:00 AM
- current affairs
The Hungarian government plans to launch yet another expensive public relations campaign in the coming days, this time to raise awareness about the successful reforms and economic growth of recent years, says government spokesperson Zoltán Kovács. He says the campaign will cost some HUF 600 million (USD 2.2. million) but he did not specify what the message will be.
Varga: Greece Deal To Have Little Effect On Hungary
- 15 Jul 2015 9:00 AM
- current affairs
The bailout deal between Greece and its euro zone partners and its possible consequences will have little effect on Hungary’s economy, the Hungarian economy minister said after an Ecofin meeting, the economy ministry said. Mihály Varga said settling the Greek crisis has become a European problem, adding that Monday’s deal is not a permanent solution as it still needs to be approved by a number of ...
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.
Tourism Sector In Hungary Still On The Rise
- 13 Jul 2015 9:00 AM
- travel
The number of guest nights spent in Hungarian hotels and guesthouses went up by an annual 3.8% to 2,247,000 in May, the Central Statistical Office (KSH) said. Tourism has proven successful as one of the driving forces of the national economy: between 1 January and 31 May, 3.4 million tourists spent a total of 7.9 million guest nights at commercial accommodation establishments.
Summer Festivals Receive Nearly HUF 500m From State
- 7 Jul 2015 5:06 AM
- community & culture
Hungary’s summer festivals are receiving a total of nearly 500 million forints (EUR 1.6m) state support this year, an official of the Ministry of Human Resources said. State secretary Bence Rétvári told a press conference that the Sziget Festival in Budapest, the Volt Festival in Sopron in western Hungary and the Balaton Sound festival are getting a combined 150 million forints (EUR 476,000).
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Anti-Hungarian Activities Observed In Some Neighbouring Countries
- 24 Jun 2015 9:00 AM
- current affairs
We may observe expressly anti-Hungarian activities in quite a few neighbouring countries, and the Bureau of Intelligence must take action to combat these, János Lázár, the Minister heading the Prime Minister’s Office said before the National Security Committee of Parliament at his annual hearing held on Tuesday.
Turkish Airlines, The Best In Europe For The Last Five Years
- 23 Jun 2015 9:00 AM
- specials
Turkish Airlines has been chosen "Best Airline in Europe", “Best Airline in Southern Europe” and awarded “World’s Best Business Class Airline Lounge”, and “World’s Best Business Class Lounge Dining” in 2015 Skytrax World Airline Awards. Skytrax, the acknowledged name associated with air travel excellence in 21st century by providing unique products to the global aviation industry through ...
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Hungary Spending HUF 600 Million To Remind Hungarians They Don’t Live In Greece
- 16 Jul 2015 9:00 AM
- current affairs
The Hungarian government plans to launch yet another expensive public relations campaign in the coming days, this time to raise awareness about the successful reforms and economic growth of recent years, says government spokesperson Zoltán Kovács. He says the campaign will cost some HUF 600 million (USD 2.2. million) but he did not specify what the message will be.
Varga: Greece Deal To Have Little Effect On Hungary
- 15 Jul 2015 9:00 AM
- current affairs
The bailout deal between Greece and its euro zone partners and its possible consequences will have little effect on Hungary’s economy, the Hungarian economy minister said after an Ecofin meeting, the economy ministry said. Mihály Varga said settling the Greek crisis has become a European problem, adding that Monday’s deal is not a permanent solution as it still needs to be approved by a number of ...
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.
Tourism Sector In Hungary Still On The Rise
- 13 Jul 2015 9:00 AM
- travel
The number of guest nights spent in Hungarian hotels and guesthouses went up by an annual 3.8% to 2,247,000 in May, the Central Statistical Office (KSH) said. Tourism has proven successful as one of the driving forces of the national economy: between 1 January and 31 May, 3.4 million tourists spent a total of 7.9 million guest nights at commercial accommodation establishments.
Summer Festivals Receive Nearly HUF 500m From State
- 7 Jul 2015 5:06 AM
- community & culture
Hungary’s summer festivals are receiving a total of nearly 500 million forints (EUR 1.6m) state support this year, an official of the Ministry of Human Resources said. State secretary Bence Rétvári told a press conference that the Sziget Festival in Budapest, the Volt Festival in Sopron in western Hungary and the Balaton Sound festival are getting a combined 150 million forints (EUR 476,000).
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Anti-Hungarian Activities Observed In Some Neighbouring Countries
- 24 Jun 2015 9:00 AM
- current affairs
We may observe expressly anti-Hungarian activities in quite a few neighbouring countries, and the Bureau of Intelligence must take action to combat these, János Lázár, the Minister heading the Prime Minister’s Office said before the National Security Committee of Parliament at his annual hearing held on Tuesday.
Turkish Airlines, The Best In Europe For The Last Five Years
- 23 Jun 2015 9:00 AM
- specials
Turkish Airlines has been chosen "Best Airline in Europe", “Best Airline in Southern Europe” and awarded “World’s Best Business Class Airline Lounge”, and “World’s Best Business Class Lounge Dining” in 2015 Skytrax World Airline Awards. Skytrax, the acknowledged name associated with air travel excellence in 21st century by providing unique products to the global aviation industry through ...