1,684 result(s) for regulation
Cigarette Sales Declining Dramatically In Hungary
- 23 Sep 2013 9:00 AM
- shopping
Statistics released recently by NAV, the Hungarian Tax and Financial Control Administration, show that sales of cigarette are significantly falling, Népszabadság reported last Friday. According to the NAV figures published by this national newspaper, 623 million cigarettes were sold in July, around 40% fewer than in June 2013 when new regulations on tobacco retail came into effect.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Budapest Stock Exchange Open To Fraud, Investor Warns
- 20 Sep 2013 9:00 AM
- business
Inadequate regulation leaves the Budapest Stock Exchange vulnerable to criminals, who list essentially worthless shares, the chief of a Budapest hedge fund told Napi Gazdaság. Plotinus CEO Viktor Zsiday said fraudsters list shares with a made-up story, drive up the price via offshore companies, then sell off the shares while the price is falling.
Hungarian State To Buy MOL Gas Storage Unit
- 18 Sep 2013 9:00 AM
- business
Oil and gas storage association MSZKSZ and a company appointed by Development Minister Zsuzsa Németh agreed with MOL on September 11 to purchase its gas storage facility, Népszabadság reports, citing a draft MSZKSZ document.
Hungary's Minister Enikő Győri Discusses Current EU Affairs In London
- 16 Sep 2013 9:00 AM
- current affairs
Current EU issues including the institutional framework of the planned bank resolution mechanism and the situation of EU employers were in the focus of talks between Hungary's Minister of State in charge of EU affairs, Enikő Győri, and her British counterpart David Lidington on September 12, 2013.
Xpat Opinion: Hungarian Parliament Speaker Kövér’s ‘Rule By Decree’ Case
- 16 Sep 2013 1:00 AM
- current affairs
Commenting on the Speaker of Parliament’s recent radio interview, left-wing columnists accuse Mr. Kövér of proposing the revival of a rule by decree system. Conservative pundits as well as a group of left- liberal constitutional lawyers say that Mr. Kövér had no undemocratic intentions, and agree that the current legislative practice is far too bureaucratic.
Xpat Opinion: EU Says Law On Retirement Of Judges Now OK In Hungary
- 13 Sep 2013 11:00 AM
- current affairs
t started off as a straightforward administrative measure: The Hungarian state wanted to establish a unified retirement age for all public servants. That should include judges too. But to some, this was seen as a threat to the independence of the judiciary, undermining the separation of powers and posing a “threat to Hungarian democracy”. For the Hungarian government, this has always been, and ...
It's 'You Pick It!' Time Again In Hungary
- 12 Sep 2013 9:02 AM
- current affairs
The TeSzedd! ("You Pick It!") national litter collection drive, with which the organisers wish to draw attention to the importance of volunteer activities and environmentally aware behaviour, will be held again on 14 September this year, announced the Ministry of Rural Development's Minister of State for Environmental Affairs Zoltán Illés at the press conference organised to launch this year's ...
Xpat Opinion: Hungary's Fight To Stay GMO-Free
- 10 Sep 2013 10:00 AM
- current affairs
By Ferenc Kumin: In case you missed it, back at the end of May, the Twittersphere (see here, here and here) and online forums lit up with positive coverage of a story about Hungary. If you’ve read anything in the international media about Hungary over the past three years, you’ll know that such things don’t happen every day. So what was all the excitement about?
Cigarette Sales Declining Dramatically In Hungary
- 23 Sep 2013 9:00 AM
- shopping
Statistics released recently by NAV, the Hungarian Tax and Financial Control Administration, show that sales of cigarette are significantly falling, Népszabadság reported last Friday. According to the NAV figures published by this national newspaper, 623 million cigarettes were sold in July, around 40% fewer than in June 2013 when new regulations on tobacco retail came into effect.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Budapest Stock Exchange Open To Fraud, Investor Warns
- 20 Sep 2013 9:00 AM
- business
Inadequate regulation leaves the Budapest Stock Exchange vulnerable to criminals, who list essentially worthless shares, the chief of a Budapest hedge fund told Napi Gazdaság. Plotinus CEO Viktor Zsiday said fraudsters list shares with a made-up story, drive up the price via offshore companies, then sell off the shares while the price is falling.
Hungarian State To Buy MOL Gas Storage Unit
- 18 Sep 2013 9:00 AM
- business
Oil and gas storage association MSZKSZ and a company appointed by Development Minister Zsuzsa Németh agreed with MOL on September 11 to purchase its gas storage facility, Népszabadság reports, citing a draft MSZKSZ document.
Hungary's Minister Enikő Győri Discusses Current EU Affairs In London
- 16 Sep 2013 9:00 AM
- current affairs
Current EU issues including the institutional framework of the planned bank resolution mechanism and the situation of EU employers were in the focus of talks between Hungary's Minister of State in charge of EU affairs, Enikő Győri, and her British counterpart David Lidington on September 12, 2013.
Xpat Opinion: Hungarian Parliament Speaker Kövér’s ‘Rule By Decree’ Case
- 16 Sep 2013 1:00 AM
- current affairs
Commenting on the Speaker of Parliament’s recent radio interview, left-wing columnists accuse Mr. Kövér of proposing the revival of a rule by decree system. Conservative pundits as well as a group of left- liberal constitutional lawyers say that Mr. Kövér had no undemocratic intentions, and agree that the current legislative practice is far too bureaucratic.
Xpat Opinion: EU Says Law On Retirement Of Judges Now OK In Hungary
- 13 Sep 2013 11:00 AM
- current affairs
t started off as a straightforward administrative measure: The Hungarian state wanted to establish a unified retirement age for all public servants. That should include judges too. But to some, this was seen as a threat to the independence of the judiciary, undermining the separation of powers and posing a “threat to Hungarian democracy”. For the Hungarian government, this has always been, and ...
It's 'You Pick It!' Time Again In Hungary
- 12 Sep 2013 9:02 AM
- current affairs
The TeSzedd! ("You Pick It!") national litter collection drive, with which the organisers wish to draw attention to the importance of volunteer activities and environmentally aware behaviour, will be held again on 14 September this year, announced the Ministry of Rural Development's Minister of State for Environmental Affairs Zoltán Illés at the press conference organised to launch this year's ...
Xpat Opinion: Hungary's Fight To Stay GMO-Free
- 10 Sep 2013 10:00 AM
- current affairs
By Ferenc Kumin: In case you missed it, back at the end of May, the Twittersphere (see here, here and here) and online forums lit up with positive coverage of a story about Hungary. If you’ve read anything in the international media about Hungary over the past three years, you’ll know that such things don’t happen every day. So what was all the excitement about?















