105 result(s) for reduced in Business
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.
Varga: Hungarian Govt Not Mulling Corporate Tax Changes
- 22 Oct 2014 9:00 AM
- business
The government is not planning to change the taxation rate for companies next year but the longterm goal is to have a flat-rate tax, Mihály Varga, the economy minister, told a press conference. Presenting details of the government’s tax proposals, Varga said that small and medium-size ventures would continue to pay a 10% corporate tax, and large companies 19%.
Business Association Head: Investor Confidence In Hungary Could Still Improve
- 11 Sep 2014 9:00 AM
- business
Hungary’s economy is showing a number of promising signs, but investor confidence is still in need of improvement, the head of the Joint Venture Association said at a group function on Wednesday. Chris Mattheisen, who is also CEO of Magyar Telekom, said the unfavourable effects of Hungary’s external debt should be reduced in the interest of sustainable growth.
Hungary’s NBH Leaves Rates On Hold, As Expected
- 27 Aug 2014 9:00 AM
- business
Hungary’s central bank rate-setters left the base rate unchanged at 2.1% at their regular rate-setting meeting on Tuesday. The decision was in line with market expectations. After the previous rate-setting meeting on July 22, when the base rate was reduced from 2.3% to the current level, the Council said it had wound up an easing cycle started almost two years earlier.
Plans To Reduce Personal Income Tax In Hungary By 2018
- 16 Jun 2014 9:00 AM
- business
Prime Minister Viktor Orbán said on Friday that he wanted to see the personal income tax reduced from the current 16% to below 10% by 2018. To attain this goal, the economy should grow instead of the current 2-4% by 4 to 6%, he told public Kossuth radio, adding that the latter rate is also feasible.
Hungary’s Central Bank Gov Matolcsy Sees Further Room To Manoeuvre On Rates
- 23 May 2014 9:00 AM
- business
Hungary’s central bank has room to manoeuvre on rates and there is a possibility of further small cuts, central bank governor György Matolcsy said on Thursday. He told a business event in London that the central bank’s monetary easing cycle started from a 7% base rate and it is currently at 2.5%.
Hungary Casino Concessions Given To Well-Connected Businessmen
- 16 May 2014 9:00 AM
- business
The Minister for National Economy, Mihaly Varga, announced on Tuesday that it had awarded a concession to operate five casinos in Budapest and Pest county to Las Vegas Casino Kft., a company owned by Hungarian-American film producer Andy Vajna.
Hungary’s Convergence Plan Based On 3% Growth In 2017
- 30 Apr 2014 3:59 AM
- business
The government expects an economic growth of 3% and a budget deficit of 1.9% of economic output in 2017, Economy Minister Mihály Varga said presenting Hungary’s convergence plan on Friday.
Matolcsy: Forint Weakening Not Related To Hungary Fundamentals
- 19 Dec 2014 8:00 AM
- business
There is no special Hungarian story behind the latest weakening of the forint, the central bank’s governor György Matolcsy said. The National Bank of Hungary has no exchange rate target and is not compelled to intervene to stop the currency’s weakening, he said, adding that bank’s international reserves provided a decent buffer.
EU Transfers Raise NBH Reserves By Eur 1.2bn In Q3
- 28 Nov 2014 8:00 AM
- business
Net transfers from the European Union remained the main item raising the National Bank of Hungary’s (NBH) international reserves, adding nearly 1.2 billion euros in the third quarter, according to the central bank’s interim report.
Varga: Hungarian Govt Not Mulling Corporate Tax Changes
- 22 Oct 2014 9:00 AM
- business
The government is not planning to change the taxation rate for companies next year but the longterm goal is to have a flat-rate tax, Mihály Varga, the economy minister, told a press conference. Presenting details of the government’s tax proposals, Varga said that small and medium-size ventures would continue to pay a 10% corporate tax, and large companies 19%.
Business Association Head: Investor Confidence In Hungary Could Still Improve
- 11 Sep 2014 9:00 AM
- business
Hungary’s economy is showing a number of promising signs, but investor confidence is still in need of improvement, the head of the Joint Venture Association said at a group function on Wednesday. Chris Mattheisen, who is also CEO of Magyar Telekom, said the unfavourable effects of Hungary’s external debt should be reduced in the interest of sustainable growth.
Hungary’s NBH Leaves Rates On Hold, As Expected
- 27 Aug 2014 9:00 AM
- business
Hungary’s central bank rate-setters left the base rate unchanged at 2.1% at their regular rate-setting meeting on Tuesday. The decision was in line with market expectations. After the previous rate-setting meeting on July 22, when the base rate was reduced from 2.3% to the current level, the Council said it had wound up an easing cycle started almost two years earlier.
Plans To Reduce Personal Income Tax In Hungary By 2018
- 16 Jun 2014 9:00 AM
- business
Prime Minister Viktor Orbán said on Friday that he wanted to see the personal income tax reduced from the current 16% to below 10% by 2018. To attain this goal, the economy should grow instead of the current 2-4% by 4 to 6%, he told public Kossuth radio, adding that the latter rate is also feasible.
Hungary’s Central Bank Gov Matolcsy Sees Further Room To Manoeuvre On Rates
- 23 May 2014 9:00 AM
- business
Hungary’s central bank has room to manoeuvre on rates and there is a possibility of further small cuts, central bank governor György Matolcsy said on Thursday. He told a business event in London that the central bank’s monetary easing cycle started from a 7% base rate and it is currently at 2.5%.
Hungary Casino Concessions Given To Well-Connected Businessmen
- 16 May 2014 9:00 AM
- business
The Minister for National Economy, Mihaly Varga, announced on Tuesday that it had awarded a concession to operate five casinos in Budapest and Pest county to Las Vegas Casino Kft., a company owned by Hungarian-American film producer Andy Vajna.
Hungary’s Convergence Plan Based On 3% Growth In 2017
- 30 Apr 2014 3:59 AM
- business
The government expects an economic growth of 3% and a budget deficit of 1.9% of economic output in 2017, Economy Minister Mihály Varga said presenting Hungary’s convergence plan on Friday.