• 16 Dec 2025

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10 result(s) for procedure against hungary in Finance

Budapest Fights Back Against Gov't: Sues for Return of Billion-Forint Payment

Budapest Fights Back Against Gov't: Sues for Return of Billion-Forint Payment

  • 7 Nov 2025 7:41 AM
  • finance
The Budapest city government is filing a compensation lawsuit to recover 28 billion forints (EUR 70m) "collected unlawfully" as solidarity contribution, plus interest, after the Supreme Court ruled in favour of the capital on Thursday in the case concerning the year 2023, Gergely Karacsony, the mayor of Budapest, told a press conference.
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.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
Tax Cuts Ahead in Hungary Under New Laws Adopted by Parliament

Tax Cuts Ahead in Hungary Under New Laws Adopted by Parliament

Despite a difficult economic situation in Europe and in Hungary the government will implement further tax cuts next year under the tax laws adopted by parliament on Tuesday, the finance ministry told MTI.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
EP Votes to Recommend Freezing Hungary Funding

EP Votes to Recommend Freezing Hungary Funding

The European Parliament has proposed freezing European Union funding, saying that the 17 measures taken by Hungary aimed at unlocking its EU funding were not sufficient to offset the systemic risks to the block’s finances.
EC Proposes Suspending 65% of Cohesion Funds To Hungary

EC Proposes Suspending 65% of Cohesion Funds To Hungary

The European Commission has proposed suspending a part of the EU funds allocated to Hungary over concerns about their mismanagement. Johannes Hahn, the Commissioner for Budget and Administration, told a press conference on Sunday that the EC was proposing to the European Council a suspension of 65% of cohesion funds due to Hungary, amounting to an estimated 7.5 billion euros.
KATA Tax Changes Pushed Through Despite Street Protests

KATA Tax Changes Pushed Through Despite Street Protests

Parliament on Tuesday adopted the amendments to the regulations of the Itemised Tax for Small Businesses (KATA), pushing the income threshold for taxpayers to 18 million forints (EUR 44,000) per year from 12 million, and restricting the circle of eligible entrepreneurs.
Hungary in Talks with Brussels on Recovery Funds for Months

Hungary in Talks with Brussels on Recovery Funds for Months

Speaking at a regular press briefing, the prime minister’s chief of staff said the government has been in talks with Brussels on the EU’s post-pandemic recovery fund for months, dismissing reports that said otherwise as “fake news”.
Budapest Fights Back Against Gov't: Sues for Return of Billion-Forint Payment

Budapest Fights Back Against Gov't: Sues for Return of Billion-Forint Payment

  • 7 Nov 2025 7:41 AM
  • finance
The Budapest city government is filing a compensation lawsuit to recover 28 billion forints (EUR 70m) "collected unlawfully" as solidarity contribution, plus interest, after the Supreme Court ruled in favour of the capital on Thursday in the case concerning the year 2023, Gergely Karacsony, the mayor of Budapest, told a press conference.
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.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
Tax Cuts Ahead in Hungary Under New Laws Adopted by Parliament

Tax Cuts Ahead in Hungary Under New Laws Adopted by Parliament

Despite a difficult economic situation in Europe and in Hungary the government will implement further tax cuts next year under the tax laws adopted by parliament on Tuesday, the finance ministry told MTI.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
EP Votes to Recommend Freezing Hungary Funding

EP Votes to Recommend Freezing Hungary Funding

The European Parliament has proposed freezing European Union funding, saying that the 17 measures taken by Hungary aimed at unlocking its EU funding were not sufficient to offset the systemic risks to the block’s finances.
EC Proposes Suspending 65% of Cohesion Funds To Hungary

EC Proposes Suspending 65% of Cohesion Funds To Hungary

The European Commission has proposed suspending a part of the EU funds allocated to Hungary over concerns about their mismanagement. Johannes Hahn, the Commissioner for Budget and Administration, told a press conference on Sunday that the EC was proposing to the European Council a suspension of 65% of cohesion funds due to Hungary, amounting to an estimated 7.5 billion euros.
KATA Tax Changes Pushed Through Despite Street Protests

KATA Tax Changes Pushed Through Despite Street Protests

Parliament on Tuesday adopted the amendments to the regulations of the Itemised Tax for Small Businesses (KATA), pushing the income threshold for taxpayers to 18 million forints (EUR 44,000) per year from 12 million, and restricting the circle of eligible entrepreneurs.
Hungary in Talks with Brussels on Recovery Funds for Months

Hungary in Talks with Brussels on Recovery Funds for Months

Speaking at a regular press briefing, the prime minister’s chief of staff said the government has been in talks with Brussels on the EU’s post-pandemic recovery fund for months, dismissing reports that said otherwise as “fake news”.