547 result(s) for reduction
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
Teachers’ Unions Mulling Strike
- 6 Apr 2016 9:00 AM
- current affairs
Teacher unions are planning to hold a strike on April 20, having failed to reach an agreement on their demands with government representatives on Monday evening, the chairwoman of teacher trade union PSZ said. Piroska Galló said the unions would inform the government about the strike preparations and set a sevenday deadline for a response to their demands.
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
New Logo Is First Element Of New Budapest Image
- 23 Mar 2016 11:55 AM
- getting around
Budapest can be at the forefront in the region; however, this can be achieved only if the capital has a brand strategy with an authentic brand that is easy to communicate.
Expert: New Home Construction Could Rise 50% This Year
- 16 Mar 2016 8:00 AM
- property
The number of homes built in Hungary this year could rise 3,500-4,000 over the 7,600 completed in 2015, the head of construction business association EVOSZ said on Hungarian state-owned all news channel M1 late yesterday.
Varga: EC Avows Hungary Economic Progress In Country Report
- 10 Mar 2016 8:00 AM
- business
The European Commission’s recent country report provides a more realistic picture of Hungary compared with previous reports as it acknowledges economic achievements due to government reform measures, the economy minister said.
Hungary May Turn To EU For Lower VAT On Internet
- 5 Mar 2016 8:00 AM
- tech
Hungary may turn to Brussels asking reduction of the value added tax on internet services, the government commissioner in charge of internet programmes said on Friday. Tamás Deutsch said in the online edition of daily Magyar Idők that Hungary’s government decided to cut the VAT on internet services from 27 percent to 18 percent as of January, 2017.
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.
Internet VAT Rate Cut Would Reduce Budget Revenue HUF 12-13BN
- 12 Apr 2016 9:00 AM
- tech
A reduction in the VAT rate on internet service from 27% to 18% will reduce budget revenue by an annual 12-13 billion forints (EUR 38-42m), business daily Világgazdaság said, quoting calculations by the economy ministry. The government recently announced plans to cut the VAT rate on internet service to 18% following a national consultation.
Teachers’ Unions Mulling Strike
- 6 Apr 2016 9:00 AM
- current affairs
Teacher unions are planning to hold a strike on April 20, having failed to reach an agreement on their demands with government representatives on Monday evening, the chairwoman of teacher trade union PSZ said. Piroska Galló said the unions would inform the government about the strike preparations and set a sevenday deadline for a response to their demands.
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
New Logo Is First Element Of New Budapest Image
- 23 Mar 2016 11:55 AM
- getting around
Budapest can be at the forefront in the region; however, this can be achieved only if the capital has a brand strategy with an authentic brand that is easy to communicate.
Expert: New Home Construction Could Rise 50% This Year
- 16 Mar 2016 8:00 AM
- property
The number of homes built in Hungary this year could rise 3,500-4,000 over the 7,600 completed in 2015, the head of construction business association EVOSZ said on Hungarian state-owned all news channel M1 late yesterday.
Varga: EC Avows Hungary Economic Progress In Country Report
- 10 Mar 2016 8:00 AM
- business
The European Commission’s recent country report provides a more realistic picture of Hungary compared with previous reports as it acknowledges economic achievements due to government reform measures, the economy minister said.
Hungary May Turn To EU For Lower VAT On Internet
- 5 Mar 2016 8:00 AM
- tech
Hungary may turn to Brussels asking reduction of the value added tax on internet services, the government commissioner in charge of internet programmes said on Friday. Tamás Deutsch said in the online edition of daily Magyar Idők that Hungary’s government decided to cut the VAT on internet services from 27 percent to 18 percent as of January, 2017.
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.