547 result(s) for reduction
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
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 ...
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Learning & Development In Forest School @ Happy Kids Budapest
- 20 Apr 2016 10:00 AM
- specials
The importance of play, play in Forest Schools
Play begins in a very early age, with constantly repetitive movements and acts (schemas) - clapping hands in time to music, playing games like pat-a-cake, and rhythmically move to sounds. It progresses into active play during the nursery years and into rough-and tumble play during the school years. All types of play, from physical play to role ...
Play begins in a very early age, with constantly repetitive movements and acts (schemas) - clapping hands in time to music, playing games like pat-a-cake, and rhythmically move to sounds. It progresses into active play during the nursery years and into rough-and tumble play during the school years. All types of play, from physical play to role ...
Hungaroring Celebrates Its 30th Birthday
- 19 Apr 2016 9:00 AM
- sport
The fact that the Formula 1 race was being organised for the fourth time already in 1989, the year of the political turn, clearly tells what a remarkable pole-position Hungary used to hold among the countries of the former Eastern bloc. The Hungaroring is celebrating its 30th birthday this year and it’s as popular as always, with excellent prospects.
Teachers Fail To Reach Agreement With Govt, Strike Looms
- 12 Apr 2016 9:00 AM
- current affairs
Although the sides came closer, no agreement was reached at talks between a teachers’ strike committee and the government. The talks focused on the amount of mandatory services to be provided under strike laws on the day of the strike teachers called for April 20, statements by Piroska Galló, the head of the PSZ union, and Imre Sipos, the state secretary for public education, said.
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
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 ...
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Learning & Development In Forest School @ Happy Kids Budapest
- 20 Apr 2016 10:00 AM
- specials
The importance of play, play in Forest Schools
Play begins in a very early age, with constantly repetitive movements and acts (schemas) - clapping hands in time to music, playing games like pat-a-cake, and rhythmically move to sounds. It progresses into active play during the nursery years and into rough-and tumble play during the school years. All types of play, from physical play to role ...
Play begins in a very early age, with constantly repetitive movements and acts (schemas) - clapping hands in time to music, playing games like pat-a-cake, and rhythmically move to sounds. It progresses into active play during the nursery years and into rough-and tumble play during the school years. All types of play, from physical play to role ...
Hungaroring Celebrates Its 30th Birthday
- 19 Apr 2016 9:00 AM
- sport
The fact that the Formula 1 race was being organised for the fourth time already in 1989, the year of the political turn, clearly tells what a remarkable pole-position Hungary used to hold among the countries of the former Eastern bloc. The Hungaroring is celebrating its 30th birthday this year and it’s as popular as always, with excellent prospects.
Teachers Fail To Reach Agreement With Govt, Strike Looms
- 12 Apr 2016 9:00 AM
- current affairs
Although the sides came closer, no agreement was reached at talks between a teachers’ strike committee and the government. The talks focused on the amount of mandatory services to be provided under strike laws on the day of the strike teachers called for April 20, statements by Piroska Galló, the head of the PSZ union, and Imre Sipos, the state secretary for public education, said.