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Updated: Hungary Rolls out Europe's Biggest Tax Reduction Programme

Updated: Hungary Rolls out Europe's Biggest Tax Reduction Programme

  • 9 Apr 2025 7:18 AM
  • finance
New measures announced by the government will give Hungary the "most comprehensive" tax system supporting children and employment in Europe and possibly the world, Gergely Gulyas, the head of the Prime Minister's Office, said at a weekly press briefing.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Faster Minimum Wage Hikes Advocated by Hungarian Union

Faster Minimum Wage Hikes Advocated by Hungarian Union

High inflation and the weaker forint have annulled the wage hike made at the beginning of the year, so the gross minimum wage should be increased to Ft 200,000 per month from January 1, 2022, president László Kordás of union alliance Maszsz told Népszava on Monday.
Hungary Against Global Minimum Tax Says Gov’t Official

Hungary Against Global Minimum Tax Says Gov’t Official

Hungary rejects any plan that would force it to raise taxes, including the proposal for a global minimum tax, finance ministry state secretary András Tállai told the daily Magyar Nemzet on Tuesday.
Hungary 'Prepared To Veto EU Recovery Fund Budget'

Hungary 'Prepared To Veto EU Recovery Fund Budget'

Viktor Orbán is prepared to veto the EU budget and the recovery fund if the payment of funds to member states is tied to the rule of law, according to mandiner.hu.
EBRD Raises Hungary 2018 GDP Growth Forecast To 3.8%

EBRD Raises Hungary 2018 GDP Growth Forecast To 3.8%

The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 3.8%, up from its previous projection of 3.4% published in November.
Updated: Hungary Rolls out Europe's Biggest Tax Reduction Programme

Updated: Hungary Rolls out Europe's Biggest Tax Reduction Programme

  • 9 Apr 2025 7:18 AM
  • finance
New measures announced by the government will give Hungary the "most comprehensive" tax system supporting children and employment in Europe and possibly the world, Gergely Gulyas, the head of the Prime Minister's Office, said at a weekly press briefing.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Faster Minimum Wage Hikes Advocated by Hungarian Union

Faster Minimum Wage Hikes Advocated by Hungarian Union

High inflation and the weaker forint have annulled the wage hike made at the beginning of the year, so the gross minimum wage should be increased to Ft 200,000 per month from January 1, 2022, president László Kordás of union alliance Maszsz told Népszava on Monday.
Hungary Against Global Minimum Tax Says Gov’t Official

Hungary Against Global Minimum Tax Says Gov’t Official

Hungary rejects any plan that would force it to raise taxes, including the proposal for a global minimum tax, finance ministry state secretary András Tállai told the daily Magyar Nemzet on Tuesday.
Hungary 'Prepared To Veto EU Recovery Fund Budget'

Hungary 'Prepared To Veto EU Recovery Fund Budget'

Viktor Orbán is prepared to veto the EU budget and the recovery fund if the payment of funds to member states is tied to the rule of law, according to mandiner.hu.
EBRD Raises Hungary 2018 GDP Growth Forecast To 3.8%

EBRD Raises Hungary 2018 GDP Growth Forecast To 3.8%

The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 3.8%, up from its previous projection of 3.4% published in November.