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'Tax Forgiveness' For This March Helped Preserve 175,000 Jobs

'Tax Forgiveness' For This March Helped Preserve 175,000 Jobs

Shops and other small business owners affected by the curfew and temporary closures will not have to pay tax for last month, while more than 30,000 companies are exempt from paying employment contributions, leaving 11 billion forints (EUR 30m) in their pockets, a finance ministry official said on Wednesday.
Zsolt Gunther, Co-Founder, 3h architects

Zsolt Gunther, Co-Founder, 3h architects

  • 12 May 2021 6:46 PM
3h architects is a group of architects working in Budapest. The practice’s activities include the design of office, residential, public and ecclesiastical buildings and the restoration of historic buildings. 
Tax Cuts In Hungary Announced For 2022

Tax Cuts In Hungary Announced For 2022

Finance Minister Mihály Varga on Tuesday announced measures to cut and streamline taxes next year that the government will soon propose to lawmakers.
Reopening Economy Depends On Successful Vaccine Drive, Says PM Orbán

Reopening Economy Depends On Successful Vaccine Drive, Says PM Orbán

Reopening the economy depends on implementing a successful vaccine drive, Prime Minister Viktor Orbán said in a video posted on social media.
Audi To Expand Plant In NW Hungary, Investing HUF 3.8 Billion

Audi To Expand Plant In NW Hungary, Investing HUF 3.8 Billion

Audi Hungária is expanding its tools plant in Győr, in north-west Hungary, investing 3.8 billion forints (EUR 10.5m), Péter Szijjártó, the minister of foreign affairs and trade, said.
Anniversary Of Hungary's EU Integration Marked In English By Justice Minister

Anniversary Of Hungary's EU Integration Marked In English By Justice Minister

Justice Minister Judit Varga marked the anniversary of Hungary’s joining the European Union on May, 2004, on Saturday.
National Bank Leaves Base Rate On Hold At 0.60%

National Bank Leaves Base Rate On Hold At 0.60%

  • 28 Apr 2021 11:19 AM
  • finance
Hungarian rate-setters decided to keep the base rate on hold at 0.60% in a regular meeting. The Monetary Council also left the rate corridor unchanged, the National Bank of Hungary (NBH) said.
Opposition Accuses Gov’t Of 'Turning State Assets Into Private Fortunes'

Opposition Accuses Gov’t Of 'Turning State Assets Into Private Fortunes'

Hungary’s opposition parties have signed a statement protesting against what they called the government’s “steps to preserve the regime and channel public funds and taxpayer money into [ruling party] Fidesz cadres’ pockets”.
Japanese Instant Noodle Company Announces HUF 4.3 Billion Expansion

Japanese Instant Noodle Company Announces HUF 4.3 Billion Expansion

The local unit of Japan’s Nissin Foods will spend 4.3 billion forints (EUR 11.8m) to expand its instant noodle soup plant in Kecskemét, in central Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó said.
'Tax Forgiveness' For This March Helped Preserve 175,000 Jobs

'Tax Forgiveness' For This March Helped Preserve 175,000 Jobs

Shops and other small business owners affected by the curfew and temporary closures will not have to pay tax for last month, while more than 30,000 companies are exempt from paying employment contributions, leaving 11 billion forints (EUR 30m) in their pockets, a finance ministry official said on Wednesday.
Zsolt Gunther, Co-Founder, 3h architects

Zsolt Gunther, Co-Founder, 3h architects

  • 12 May 2021 6:46 PM
3h architects is a group of architects working in Budapest. The practice’s activities include the design of office, residential, public and ecclesiastical buildings and the restoration of historic buildings. 
Tax Cuts In Hungary Announced For 2022

Tax Cuts In Hungary Announced For 2022

Finance Minister Mihály Varga on Tuesday announced measures to cut and streamline taxes next year that the government will soon propose to lawmakers.
Reopening Economy Depends On Successful Vaccine Drive, Says PM Orbán

Reopening Economy Depends On Successful Vaccine Drive, Says PM Orbán

Reopening the economy depends on implementing a successful vaccine drive, Prime Minister Viktor Orbán said in a video posted on social media.
Audi To Expand Plant In NW Hungary, Investing HUF 3.8 Billion

Audi To Expand Plant In NW Hungary, Investing HUF 3.8 Billion

Audi Hungária is expanding its tools plant in Győr, in north-west Hungary, investing 3.8 billion forints (EUR 10.5m), Péter Szijjártó, the minister of foreign affairs and trade, said.
Anniversary Of Hungary's EU Integration Marked In English By Justice Minister

Anniversary Of Hungary's EU Integration Marked In English By Justice Minister

Justice Minister Judit Varga marked the anniversary of Hungary’s joining the European Union on May, 2004, on Saturday.
National Bank Leaves Base Rate On Hold At 0.60%

National Bank Leaves Base Rate On Hold At 0.60%

  • 28 Apr 2021 11:19 AM
  • finance
Hungarian rate-setters decided to keep the base rate on hold at 0.60% in a regular meeting. The Monetary Council also left the rate corridor unchanged, the National Bank of Hungary (NBH) said.
Opposition Accuses Gov’t Of 'Turning State Assets Into Private Fortunes'

Opposition Accuses Gov’t Of 'Turning State Assets Into Private Fortunes'

Hungary’s opposition parties have signed a statement protesting against what they called the government’s “steps to preserve the regime and channel public funds and taxpayer money into [ruling party] Fidesz cadres’ pockets”.
Japanese Instant Noodle Company Announces HUF 4.3 Billion Expansion

Japanese Instant Noodle Company Announces HUF 4.3 Billion Expansion

The local unit of Japan’s Nissin Foods will spend 4.3 billion forints (EUR 11.8m) to expand its instant noodle soup plant in Kecskemét, in central Hungary, Minister of Foreign Affairs and Trade Péter Szijjártó said.