2,984 result(s) for new low
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
See What Happened @ Xpat Wine Club: Tasting, Talking & Networking
- 9 Dec 2015 8:04 AM
- entertainment
Last Thursday, 3 December, XpatLoop.com held its latest wine club event in Akvárium at Erzsébet Square, downtown Budapest. Expats and internationally-minded Hungarians rubbed shoulders and tasted a seclection of 18 wines from a good handful of Hungary’s top producers. Here's a quick tour of the six different regions the wine-makers on show represented, along with a few words of introduction about ...
Hungary's President Áder Wins Libel Suit Against Index
- 9 Dec 2015 8:00 AM
- current affairs
The Capital Court of Appeals has upheld President János Áder’s claim against news website Index over its report that he left his post during his compulsory army service in the 1970s and fired his gun while drunk. The appeals court raised the fine payable by the author of the report, András B. Vágvölgyi, from Ft 50,000 imposed by a lower court to Ft 600,000. Judge Marianne Oszkó Kizman stressed ...
First 56-Meter-Long CAF Trams Will Start Operating In Budapest Next Spring
- 8 Dec 2015 8:00 AM
- getting around
The 56 meter long CAF trams are expected to start running on line nr 1 next spring. Tram drivers are already practising to drive it on simulators. Deputy Mayor Balázs Szeneczey explained during the ceremony that the new, Spanish-made tram is the longest one in the world, it has 86 seats and its passenger capacity is 345.
Demographic Trends Present Difficulties For Growth And Labour Market In Hungary
- 8 Dec 2015 8:00 AM
- business
By 2060, the old-age dependency ratio may double in Hungary compared to the present level, and the burdens on economically active age groups may significantly increase in the coming decades as a result of population ageing, the National Bank of Hungary (NBH) said in its Growth Report. It said the old-age dependency ratio could increase from 26% in 2015 to 52% by 2060, parallel with a decline in ...
US Congressmen Protest Against Hungary’s Hóman Monument
- 8 Dec 2015 8:00 AM
- community & culture
Leaders of the Unites States Congress bipartisan task force against anti- Semitism have voiced protest against Hungary’s plans to erect a monument to Horthy-era minister Bálint Hóman, the New York-based Jewish Telegraphic Agency reported. In a letter to Prime Minister Viktor Orbán, the body expressed “deep concern” about the monument, planned to be put up in central Hungary’s Székesfehérvár ...
Deutsch Submits Proposals On Internet Based On Consultations In Hungary
- 2 Dec 2015 10:00 AM
- tech
Cutting VAT on internet services to 18% and reducing the special tax on telecommunications services are measures included in a draft resolution. The planned measures are based on the results of a national consultation overseen by government commissioner Tamás Deutsch, launched in January 2015 and completed in the autumn. Fully 32,000 people responded to questions concerning internet services in ...
Hungarian Socialist Leader Sees Fidesz As “Core Problem”
- 30 Nov 2015 8:00 AM
- current affairs
Hungary’s “gravest problem” is its ruling Fidesz party, which has “manoeuvred the country into a dead end”, József Tóbiás, head of the opposition Socialist Party, told the party’s congress. Tóbiás insisted that the Fideszgovernment has aggravated all of the country’s problems including a failure to tackle deep poverty and deliberately neglecting vulnerable groups within society.
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...
2016 Year Of Tax Simplifications, Cuts In Hungary
- 10 Dec 2015 8:00 AM
- business
Next year will be dedicated to tax simplification and cuts, with the personal income tax dropping from the current 16% to 15%, the economy ministry said. The cut will result in an extra 30,000 forints (EUR 96) left in people’s pockets in 2016. Family tax allowances for families with at least two children will be increased by 25%, leaving an additional 60,000 forints extra with such families.
See What Happened @ Xpat Wine Club: Tasting, Talking & Networking
- 9 Dec 2015 8:04 AM
- entertainment
Last Thursday, 3 December, XpatLoop.com held its latest wine club event in Akvárium at Erzsébet Square, downtown Budapest. Expats and internationally-minded Hungarians rubbed shoulders and tasted a seclection of 18 wines from a good handful of Hungary’s top producers. Here's a quick tour of the six different regions the wine-makers on show represented, along with a few words of introduction about ...
Hungary's President Áder Wins Libel Suit Against Index
- 9 Dec 2015 8:00 AM
- current affairs
The Capital Court of Appeals has upheld President János Áder’s claim against news website Index over its report that he left his post during his compulsory army service in the 1970s and fired his gun while drunk. The appeals court raised the fine payable by the author of the report, András B. Vágvölgyi, from Ft 50,000 imposed by a lower court to Ft 600,000. Judge Marianne Oszkó Kizman stressed ...
First 56-Meter-Long CAF Trams Will Start Operating In Budapest Next Spring
- 8 Dec 2015 8:00 AM
- getting around
The 56 meter long CAF trams are expected to start running on line nr 1 next spring. Tram drivers are already practising to drive it on simulators. Deputy Mayor Balázs Szeneczey explained during the ceremony that the new, Spanish-made tram is the longest one in the world, it has 86 seats and its passenger capacity is 345.
Demographic Trends Present Difficulties For Growth And Labour Market In Hungary
- 8 Dec 2015 8:00 AM
- business
By 2060, the old-age dependency ratio may double in Hungary compared to the present level, and the burdens on economically active age groups may significantly increase in the coming decades as a result of population ageing, the National Bank of Hungary (NBH) said in its Growth Report. It said the old-age dependency ratio could increase from 26% in 2015 to 52% by 2060, parallel with a decline in ...
US Congressmen Protest Against Hungary’s Hóman Monument
- 8 Dec 2015 8:00 AM
- community & culture
Leaders of the Unites States Congress bipartisan task force against anti- Semitism have voiced protest against Hungary’s plans to erect a monument to Horthy-era minister Bálint Hóman, the New York-based Jewish Telegraphic Agency reported. In a letter to Prime Minister Viktor Orbán, the body expressed “deep concern” about the monument, planned to be put up in central Hungary’s Székesfehérvár ...
Deutsch Submits Proposals On Internet Based On Consultations In Hungary
- 2 Dec 2015 10:00 AM
- tech
Cutting VAT on internet services to 18% and reducing the special tax on telecommunications services are measures included in a draft resolution. The planned measures are based on the results of a national consultation overseen by government commissioner Tamás Deutsch, launched in January 2015 and completed in the autumn. Fully 32,000 people responded to questions concerning internet services in ...
Hungarian Socialist Leader Sees Fidesz As “Core Problem”
- 30 Nov 2015 8:00 AM
- current affairs
Hungary’s “gravest problem” is its ruling Fidesz party, which has “manoeuvred the country into a dead end”, József Tóbiás, head of the opposition Socialist Party, told the party’s congress. Tóbiás insisted that the Fideszgovernment has aggravated all of the country’s problems including a failure to tackle deep poverty and deliberately neglecting vulnerable groups within society.
Hungary Investment Volume Drops 3.4% In Q3
- 26 Nov 2015 12:00 AM
- business
Investment volume in Hungary was down by an annual 3.4% in the third quarter after rising by 5.7% in the second and falling by 3.9% in the first quarter, the Central Statistical Office (KSH) said. Third-quarter investments fell in all sectors with the exception of the property as well as business and the public administration, social insurance and defence sectors. In the latter sector, ...