497 result(s) for price cut
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
Tóbiás: 2017 Pension Rise ‘Humiliating, Unfair’
- 3 Jun 2016 9:00 AM
- current affairs
Socialist Party leader József Tóbiás called the government’s planned 0.9% pension rise for next year “humiliating” and “unfair”. He said next year’s pension plan, which would increase pensions by an average of 1,000 forints (EUR 3.19), indicated that the government has “given up” on pensioners. Meanwhile, the government plans to raise the salaries of state-owned company executives and the central ...
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
Rétvári: Patients Saved Over HUF10bn On Drugs In Five Years
- 2 May 2016 9:00 AM
- health & wellness
Reforms in Hungary’s drugs fund saved over 10 billion forints (EUR 32.2m) for patients since 2011, with price cuts on 760 drugs in the past two years, human resources ministry state secretary Bence Rétvári said. The government has focused on reducing patients’ spending on drugs ever since 2010 and, due to the measures introduced, burdens decreased annually, he said.
Review: Édesmindegy Dessert Bar In Downtown Budapest
- 28 Apr 2016 12:45 PM
- food & drink
Warm apple crumble, thick pieces of cake made up of tempting layers of chocolate sponge cake, cream, fresh cream-cheese and peanut butter, or a light Baiser tartlet covered with mascarpone and fresh fruits – the cakes and desserts at Édesmindegy will simply melt your heart. The dessert bar, which opened in 2013 near the banks of the Danube, is just the place to be for sweet-tooths.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
Gov’t To Lower VAT On Dairy And Catering
- 14 Apr 2016 9:00 AM
- shopping
The government proposes to reduce VAT on a wide range of products and services in the 2017 budget, Economy Minister Mihály Varga announced on Wednesday. The VAT on milk, eggs and poultry would fall from today’s 27% to 5%.
Report: 85% Support Reopening Stores On Sunday
- 11 Apr 2016 9:00 AM
- shopping
In a poll conducted recently by online news portal origo.hu, 85% of the siteʼs readers said they support the reopening of stores on Sundays, but government friendly daily Magyar Idők reported today that the increase in payroll resulting from the Sunday reopenings may have to be passed on to the consumer in the form of higher prices.
CBanker: No Threat Of Deflation In Hungary
- 10 Jun 2016 9:00 AM
- business
The National Bank of Hungary sees no threat of deflation in the country despite inflation being well below the 3% target, a senior analyst at the central bank said. András Balatoni told public news channel M1 that Hungary is in no way threatened by the level of deflation Japan battled in the 90s.
Tóbiás: 2017 Pension Rise ‘Humiliating, Unfair’
- 3 Jun 2016 9:00 AM
- current affairs
Socialist Party leader József Tóbiás called the government’s planned 0.9% pension rise for next year “humiliating” and “unfair”. He said next year’s pension plan, which would increase pensions by an average of 1,000 forints (EUR 3.19), indicated that the government has “given up” on pensioners. Meanwhile, the government plans to raise the salaries of state-owned company executives and the central ...
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
Rétvári: Patients Saved Over HUF10bn On Drugs In Five Years
- 2 May 2016 9:00 AM
- health & wellness
Reforms in Hungary’s drugs fund saved over 10 billion forints (EUR 32.2m) for patients since 2011, with price cuts on 760 drugs in the past two years, human resources ministry state secretary Bence Rétvári said. The government has focused on reducing patients’ spending on drugs ever since 2010 and, due to the measures introduced, burdens decreased annually, he said.
Review: Édesmindegy Dessert Bar In Downtown Budapest
- 28 Apr 2016 12:45 PM
- food & drink
Warm apple crumble, thick pieces of cake made up of tempting layers of chocolate sponge cake, cream, fresh cream-cheese and peanut butter, or a light Baiser tartlet covered with mascarpone and fresh fruits – the cakes and desserts at Édesmindegy will simply melt your heart. The dessert bar, which opened in 2013 near the banks of the Danube, is just the place to be for sweet-tooths.
Hungarian CBank Cuts Base Rate 15 Bp
- 27 Apr 2016 9:00 AM
- business
Hungarian rate-setters cut the base rate by 15 basis points to 1.05% at a meeting on Tuesday, in line with market expectations. The National Bank of Hungary’s Monetary Council also narrowed its interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, bringing the overnight collateralised loan rate to 1.30% while keeping the O/N central bank ...
Bakers Call For Lower VAT
- 21 Apr 2016 9:00 AM
- current affairs
The Bakers Association is lobbying for the extension of VAT cuts to bread products, after the government announced plans to lower the consumption tax on milk, eggs and poultry to 5% from 27% in 2017. Bread is the most basic food, and lower taxes would not only curb tax evasion, but lead to higher production and more jobs, the association argued.
Gov’t To Lower VAT On Dairy And Catering
- 14 Apr 2016 9:00 AM
- shopping
The government proposes to reduce VAT on a wide range of products and services in the 2017 budget, Economy Minister Mihály Varga announced on Wednesday. The VAT on milk, eggs and poultry would fall from today’s 27% to 5%.
Report: 85% Support Reopening Stores On Sunday
- 11 Apr 2016 9:00 AM
- shopping
In a poll conducted recently by online news portal origo.hu, 85% of the siteʼs readers said they support the reopening of stores on Sundays, but government friendly daily Magyar Idők reported today that the increase in payroll resulting from the Sunday reopenings may have to be passed on to the consumer in the form of higher prices.


















