1,693 result(s) for reduce
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Hungarian Casinos Yield Gambling Tax Revenue Of More Than HUF 7bn In 2015
- 27 Jan 2016 8:00 AM
- business
Casinos operating in Hungary were due to pay combined gambling tax of 7.375 billion forints (EUR 23m) in 2015, state secretary of the Economy Ministry András Tállai said. Reduced by concession fees already paid, the amount came to 3.086 billion, the state secretary added in his answer to a question by opposition MP István Ikotity, published on Parliament’s website
Hungary’s Opposition Lambasts Government’s Public Administration Reform
- 26 Jan 2016 8:00 AM
- current affairs
The government’s plans to restructure public administration would result in centralisation and austerity rather than in reduced bureaucracy, said a spokesman for the green opposition LMP party. If it comes to reducing bureaucracy, the government had better start the job at home, Ákos Csarnó said.
Xpat Opinion: Government Announces Plans To Streamline Bureaucracy
- 26 Jan 2016 8:00 AM
- current affairs
One left-wing and one conservative columnist welcome plans to cut red tape by restructuring and closing down public offices. They fear, however, that the government’s new plan may not quite fulfil the hopes invested in it.
Hungary Tax Authority To Cut More Than 1,000 Staff
- 24 Jan 2016 10:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) will reduce headcount by 5%, cutting staff from 22,442 to 21,320, NAV chief András Tállai said. Tállai was appointed head of NAV early in January, after lawmakers voted to transform the authority from an independent body into a central office operating directly under the economy minister. At the time of his appointment, he said that NAV would be ...
Hungary Faced Unprecedented Migration Pressure In 2015, Says BÁH Head
- 19 Jan 2016 8:00 AM
- current affairs
Hungary was exposed to unprecedented migration pressure last year, with the number of illegal migrants exceeding 414,000, the director of Hungary’s immigration office BÁH said. Zsuzsanna Végh said that the immigration office had warned the European Union multiple times that the Balkan route would be a significant one for illegal migrants, but EU decision makers failed to take the risk seriously.
British, Dutch Embassies Move To Smaller Premises In Budapest
- 14 Jan 2016 10:45 AM
- property
The British and Dutch embassies will move to smaller premises to save costs. The Embassy of the Netherlands is moving to the Office Centre complex in Kapás Street housing the Swedish Embassy, the Dutch ambassador said. The move is in response to constraints due to the economic crisis over the past years, leading to staff reductions in foreign missions, Gajus Scheltema said.
Fewer, Older Hungarians By 2060
- 14 Jan 2016 8:00 AM
- community & culture
By 2060 the population of Hungary (9.9 million today) might fall by 2 million, every third Hungarian might be over 65 and the number of childless families might steeply rise. The Demographic Research Institute of the Central Statistical Office has issued the three-yearly Demographic Portrait of Hungary 2015.
Hungary Rolls Out New Electronic ID Card
- 11 Jan 2016 2:00 AM
- current affairs
The first new one-stop biometric card combining personal identification, social security and tax identification information was issued in Budapest on Monday. The e-card which is also suitable for providing an electronic signature was presented by interior ministry state secretary László Tasnádi at the Central Office for Administrative and Electronic Public Services (KEKKH). Tasnádi said the ...
Hungary To Refinance FX Debt Mainly With Forint Issues
- 30 Jan 2016 8:00 AM
- property
Hungary will refinance its maturing FX debt mainly with forint issues, but will also issue FX debt if necessary, the head of the Government Debt Management Agency (ÁKK) told journalists. György Barcza noted that the ÁKK’s issue plan for this year includes 1 billion euros in FX bonds to be subscribed by international investors.
Hungarian Casinos Yield Gambling Tax Revenue Of More Than HUF 7bn In 2015
- 27 Jan 2016 8:00 AM
- business
Casinos operating in Hungary were due to pay combined gambling tax of 7.375 billion forints (EUR 23m) in 2015, state secretary of the Economy Ministry András Tállai said. Reduced by concession fees already paid, the amount came to 3.086 billion, the state secretary added in his answer to a question by opposition MP István Ikotity, published on Parliament’s website
Hungary’s Opposition Lambasts Government’s Public Administration Reform
- 26 Jan 2016 8:00 AM
- current affairs
The government’s plans to restructure public administration would result in centralisation and austerity rather than in reduced bureaucracy, said a spokesman for the green opposition LMP party. If it comes to reducing bureaucracy, the government had better start the job at home, Ákos Csarnó said.
Xpat Opinion: Government Announces Plans To Streamline Bureaucracy
- 26 Jan 2016 8:00 AM
- current affairs
One left-wing and one conservative columnist welcome plans to cut red tape by restructuring and closing down public offices. They fear, however, that the government’s new plan may not quite fulfil the hopes invested in it.
Hungary Tax Authority To Cut More Than 1,000 Staff
- 24 Jan 2016 10:00 AM
- business
Hungary’s National Tax and Customs Authority (NAV) will reduce headcount by 5%, cutting staff from 22,442 to 21,320, NAV chief András Tállai said. Tállai was appointed head of NAV early in January, after lawmakers voted to transform the authority from an independent body into a central office operating directly under the economy minister. At the time of his appointment, he said that NAV would be ...
Hungary Faced Unprecedented Migration Pressure In 2015, Says BÁH Head
- 19 Jan 2016 8:00 AM
- current affairs
Hungary was exposed to unprecedented migration pressure last year, with the number of illegal migrants exceeding 414,000, the director of Hungary’s immigration office BÁH said. Zsuzsanna Végh said that the immigration office had warned the European Union multiple times that the Balkan route would be a significant one for illegal migrants, but EU decision makers failed to take the risk seriously.
British, Dutch Embassies Move To Smaller Premises In Budapest
- 14 Jan 2016 10:45 AM
- property
The British and Dutch embassies will move to smaller premises to save costs. The Embassy of the Netherlands is moving to the Office Centre complex in Kapás Street housing the Swedish Embassy, the Dutch ambassador said. The move is in response to constraints due to the economic crisis over the past years, leading to staff reductions in foreign missions, Gajus Scheltema said.
Fewer, Older Hungarians By 2060
- 14 Jan 2016 8:00 AM
- community & culture
By 2060 the population of Hungary (9.9 million today) might fall by 2 million, every third Hungarian might be over 65 and the number of childless families might steeply rise. The Demographic Research Institute of the Central Statistical Office has issued the three-yearly Demographic Portrait of Hungary 2015.
Hungary Rolls Out New Electronic ID Card
- 11 Jan 2016 2:00 AM
- current affairs
The first new one-stop biometric card combining personal identification, social security and tax identification information was issued in Budapest on Monday. The e-card which is also suitable for providing an electronic signature was presented by interior ministry state secretary László Tasnádi at the Central Office for Administrative and Electronic Public Services (KEKKH). Tasnádi said the ...















