547 result(s) for reduction
Hungary’s Socialist Party Demands Household Utility Price Cuts
- 20 Jan 2015 8:00 AM
- current affairs
The opposition Socialist Party has demanded that the retail price of gas should be cut by 20%, while the prices of electricity and district heating should be reduced by 10% in the wake of shrinking global prices.
Xpat Opinion: President Putin To Visit Hungary
- 10 Jan 2015 8:00 AM
- current affairs
The leading left-wing daily fears that Vladimir Putin’s March visit, announced this week, is another indication of the Hungarian government’s Eastern orientation. A conservative analyst points out that Hungary needs to maintain good relations with both Germany and Russia. Another left-wing commentator suspects that PM Orbán may want to revise the 1994 Budapest Memorandum on Ukraine.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Hungary Consumer Prices At Negative 0.7% In Nov
- 12 Dec 2014 8:00 AM
- shopping
Consumer prices in Hungary fell by an annual 0.7% in November, the Central Statistical Office (KSH) said. Emerging market analysts in London had put November CPI at negative 0.5%. Consumer prices fell by 0.4% in October and were down 0.5% in September.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
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%.
Greenhouse Gas Reduction Targets Exceeded By Hungary
- 26 Sep 2014 9:00 AM
- current affairs
Hungary’s performance in cutting greenhouse gas emissions has been outstanding in international and EU comparison, and the country has exceeded its original goals, business daily Napi Gazdaság said, citing information from the development ministry.
Hungary’s Illiberal Prime Minister, Billionaire Sandor Csanyi & Batman
- 24 Sep 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán opened the autumn session of the Hungarian parliament with a speech that set out his government’s agenda for the months ahead on Monday. Orbán also made the case for Fidesz’s war on banks and further decreases in household utility costs.
Hungary’s Socialist Party Demands Household Utility Price Cuts
- 20 Jan 2015 8:00 AM
- current affairs
The opposition Socialist Party has demanded that the retail price of gas should be cut by 20%, while the prices of electricity and district heating should be reduced by 10% in the wake of shrinking global prices.
Xpat Opinion: President Putin To Visit Hungary
- 10 Jan 2015 8:00 AM
- current affairs
The leading left-wing daily fears that Vladimir Putin’s March visit, announced this week, is another indication of the Hungarian government’s Eastern orientation. A conservative analyst points out that Hungary needs to maintain good relations with both Germany and Russia. Another left-wing commentator suspects that PM Orbán may want to revise the 1994 Budapest Memorandum on Ukraine.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
RTL Group Files Complaint With EC Over Hungary Ad Tax
- 17 Dec 2014 8:00 AM
- current affairs
Luxembourg-based RTL Group filed an official complaint with the European Commission on Thursday over Hungary’s new tax on the advertising revenues of media outlets. RTL argues that the tax is “confiscatory” in that it aims to collect 80% of the tax (HUF 4,5 billion or USD 18,7 million) from an independent media group possessing just 13.5% market share.
Hungary Consumer Prices At Negative 0.7% In Nov
- 12 Dec 2014 8:00 AM
- shopping
Consumer prices in Hungary fell by an annual 0.7% in November, the Central Statistical Office (KSH) said. Emerging market analysts in London had put November CPI at negative 0.5%. Consumer prices fell by 0.4% in October and were down 0.5% in September.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
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%.
Greenhouse Gas Reduction Targets Exceeded By Hungary
- 26 Sep 2014 9:00 AM
- current affairs
Hungary’s performance in cutting greenhouse gas emissions has been outstanding in international and EU comparison, and the country has exceeded its original goals, business daily Napi Gazdaság said, citing information from the development ministry.
Hungary’s Illiberal Prime Minister, Billionaire Sandor Csanyi & Batman
- 24 Sep 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán opened the autumn session of the Hungarian parliament with a speech that set out his government’s agenda for the months ahead on Monday. Orbán also made the case for Fidesz’s war on banks and further decreases in household utility costs.