214 result(s) for reduced service
Terror Alert Could Remain At Level 2 For One Or Two Weeks
- 25 Mar 2016 8:00 AM
- current affairs
On Thursday morning György Bakondi, Chief Security Advisor to the Prime Minister, told Hungarian television channel TV2 that the terror alert in Hungary will remain at Level 2 until the circumstances of the Brussels attacks and its potential further strands have been clarified.
S+P Affirms Hungary Rating; Outlook Still Stable
- 21 Mar 2016 8:00 AM
- business
Standard and Poor’s Ratings Services affirmed its ‘BB+/B’ long- and shortterm foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S+P said. Hungary’s government reiterated that it expects upgrades by at least two of the three big ratings agencies this year.
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.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungary Net External Financing Capacity At 9% Of GDP In Q3
- 24 Dec 2015 8:00 AM
- business
Adjusted for seasonal effects, Hungary’s net external financing capacity was 2.502 billion Euros or 9% of quarterly GDP in the third quarter, balance of payment data published by the National Bank of Hungary on Wednesday show. The adjusted Q3 surplus was down from the second quarter when it reached 2.621 billion Euros. It was up 668 million Euros from a year earlier.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian National Restaurant Week, 12 - 18 October
- 24 Sep 2015 9:00 AM
- food & drink
This autumn our guests have a chance to get acquainted with more than 100 middle and upper-class restaurants and their cuisines at the 9th National Restaurant Week from 12th to the 18th October. Guests pre-booking on www.etteremhet.hu can dine for a mere 3,300 HUF (service fee included). You are free to choose the restaurant or the meal (lunch or dinner) from the list available on the website.
Terror Alert Could Remain At Level 2 For One Or Two Weeks
- 25 Mar 2016 8:00 AM
- current affairs
On Thursday morning György Bakondi, Chief Security Advisor to the Prime Minister, told Hungarian television channel TV2 that the terror alert in Hungary will remain at Level 2 until the circumstances of the Brussels attacks and its potential further strands have been clarified.
S+P Affirms Hungary Rating; Outlook Still Stable
- 21 Mar 2016 8:00 AM
- business
Standard and Poor’s Ratings Services affirmed its ‘BB+/B’ long- and shortterm foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S+P said. Hungary’s government reiterated that it expects upgrades by at least two of the three big ratings agencies this year.
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.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
Hungary Net External Financing Capacity At 9% Of GDP In Q3
- 24 Dec 2015 8:00 AM
- business
Adjusted for seasonal effects, Hungary’s net external financing capacity was 2.502 billion Euros or 9% of quarterly GDP in the third quarter, balance of payment data published by the National Bank of Hungary on Wednesday show. The adjusted Q3 surplus was down from the second quarter when it reached 2.621 billion Euros. It was up 668 million Euros from a year earlier.
Lázár: Hungarian Government Windows To Offer Tax Administration Services
- 2 Dec 2015 10:06 AM
- business
The government plans to expand the role of so-called government windows—one-stop shops for citizens organising official paperwork—to also offer tax administration services, the government office chief said. The government’s aim in developing regional public administration is to enable people to start the administration process from home in an increasing number of cases, János Lázár said at the ...
Hungarian Parlt Passes Taxpayer Classification, Red Tape Reduction Laws
- 18 Nov 2015 8:00 AM
- business
Lawmakers approved bills on cutting red tape and classifying taxpayers based on tax compliance risk. The bill put forward by government office chief János Lázár aims to simplify and speed up public administration, scale back the number of steps needed to obtain permits and reduce completion deadlines. Activities no longer requiring permits will include the sale of precious metal jewellery, ...
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
Hungarian National Restaurant Week, 12 - 18 October
- 24 Sep 2015 9:00 AM
- food & drink
This autumn our guests have a chance to get acquainted with more than 100 middle and upper-class restaurants and their cuisines at the 9th National Restaurant Week from 12th to the 18th October. Guests pre-booking on www.etteremhet.hu can dine for a mere 3,300 HUF (service fee included). You are free to choose the restaurant or the meal (lunch or dinner) from the list available on the website.