543 result(s) for reduction
Hungarian Govt To Propose Stability Act Amendment
- 12 May 2015 9:00 AM
- business
The government will initiate an amendment to a rule on a nominal state debt threshold to better support economic growth. The Economy Ministry responded to a query by MTI after the Fiscal Council made a recommendation on the rule.
VAT On Internet Subscriptions In Hungary May Be Cut To 18%
- 8 May 2015 4:00 AM
- tech
The VAT rate on internet subscriptions may be reduced from 27% to 18% from next January, daily Napi Gazdaság said. Further, one of the main pillars of the public utilities tax may be reduced from 2017. The reduction would be a quid pro quo for telecommunication companies helping to develop a superfast broadband network, to which the government may contribute 150 billion forints (EUR 492m), the ...
Reduction In Templeton Exposure “Good For Hungary”
- 7 May 2015 9:00 AM
- business
Franklin Templeton’s gradual offloading of Hungarian bonds is positive for Hungary since it lessens the exposure resulting from a concentration of debt held by a single investor, a debt management official said. The global investment firm, the biggest single investor in Hungarian forint government securities, has sold 20% of its 2,000 billion Hungary portfolio, AKK chief György Barcza told public ...
Meet Lajos Rig, Jobbik MP From Tapolca, Hungary
- 5 May 2015 9:00 AM
- current affairs
"Behind Jobbik there are expert politicians who know just what to do. . . . The platform of Jobbik was the same in 2010 and in 2014. . . . A year ago I wore gray socks. Now I wear black ones. My orientation and my thoughts are still the same." - Lajos Rig (Jobbik), winner of the Tapolca parliamentary by-election
Hungary Developing Nationwide E-Ticket System For Trains, Buses
- 30 Apr 2015 9:00 AM
- getting around
Train and bus passengers will soon be able to buy e-tickets for combined journeys throughout the country, the chief of the state company in charge of developing the new system said. The National Mobile Payment Company is developing a unified passenger information and electronic ticket system for multimodal public transport all around the country, Mihály Veres, the company’s chief executive, said.
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
Budapest’s Liszt Academy Of Music Wins Europa Nostra Prize In Conservation
- 16 Apr 2015 9:00 AM
- property
A total of 28 winners of the European Union’s Europa Nostra Prize were announced in four categories on Tuesday. “The Jury regarded this project as outstanding example of best practice in restoration.
Hungarian Schools Struggle To Provide Certified Drug Prevention Programs
- 13 Apr 2015 9:00 AM
- health & wellness
Successful drug prevention is more than just a police officer in front of a blackboard talking about the harms of the different drugs. Only long-term programs can be successful but they are expensive and the schools have no money. Civil organisations would do it for free but they hardly get any state support.
Hungarian Govt To Propose Stability Act Amendment
- 12 May 2015 9:00 AM
- business
The government will initiate an amendment to a rule on a nominal state debt threshold to better support economic growth. The Economy Ministry responded to a query by MTI after the Fiscal Council made a recommendation on the rule.
VAT On Internet Subscriptions In Hungary May Be Cut To 18%
- 8 May 2015 4:00 AM
- tech
The VAT rate on internet subscriptions may be reduced from 27% to 18% from next January, daily Napi Gazdaság said. Further, one of the main pillars of the public utilities tax may be reduced from 2017. The reduction would be a quid pro quo for telecommunication companies helping to develop a superfast broadband network, to which the government may contribute 150 billion forints (EUR 492m), the ...
Reduction In Templeton Exposure “Good For Hungary”
- 7 May 2015 9:00 AM
- business
Franklin Templeton’s gradual offloading of Hungarian bonds is positive for Hungary since it lessens the exposure resulting from a concentration of debt held by a single investor, a debt management official said. The global investment firm, the biggest single investor in Hungarian forint government securities, has sold 20% of its 2,000 billion Hungary portfolio, AKK chief György Barcza told public ...
Meet Lajos Rig, Jobbik MP From Tapolca, Hungary
- 5 May 2015 9:00 AM
- current affairs
"Behind Jobbik there are expert politicians who know just what to do. . . . The platform of Jobbik was the same in 2010 and in 2014. . . . A year ago I wore gray socks. Now I wear black ones. My orientation and my thoughts are still the same." - Lajos Rig (Jobbik), winner of the Tapolca parliamentary by-election
Hungary Developing Nationwide E-Ticket System For Trains, Buses
- 30 Apr 2015 9:00 AM
- getting around
Train and bus passengers will soon be able to buy e-tickets for combined journeys throughout the country, the chief of the state company in charge of developing the new system said. The National Mobile Payment Company is developing a unified passenger information and electronic ticket system for multimodal public transport all around the country, Mihály Veres, the company’s chief executive, said.
Hungarian Parties, Analysts React To 2016 Budget Proposal
- 22 Apr 2015 9:00 AM
- business
Antal Rogán, head of the Fidesz parliamentary group, said Fidesz called the planned 2016 budget “a milestone on the path of tax cuts” and insisted that the government is a “cabinet of tax reductions”. Analysts polled by MTI said the macro figures for the 2016 budget were realistic.
Hungarian Banking Assoc Believes Quaestor Clients Have No Right To Compensation
- 20 Apr 2015 4:00 AM
- business
The Hungarian Banking Association believes clients of failed brokerage Quaestor should not receive any compensation, chief secretary Levente Kovács said on public radio. Kovács noted that Quaestor had clearly informed its clients that its securities - which paid a yield well over that of government securities - were covered neither by the National Deposit Insurance Association (OBA) nor the ...
Budapest’s Liszt Academy Of Music Wins Europa Nostra Prize In Conservation
- 16 Apr 2015 9:00 AM
- property
A total of 28 winners of the European Union’s Europa Nostra Prize were announced in four categories on Tuesday. “The Jury regarded this project as outstanding example of best practice in restoration.
Hungarian Schools Struggle To Provide Certified Drug Prevention Programs
- 13 Apr 2015 9:00 AM
- health & wellness
Successful drug prevention is more than just a police officer in front of a blackboard talking about the harms of the different drugs. Only long-term programs can be successful but they are expensive and the schools have no money. Civil organisations would do it for free but they hardly get any state support.