53 result(s) for revenues drop
VCP: Népszabadság Suspended For Purely Business Reasons
- 18 Oct 2016 9:00 AM
- current affairs
The decision to suspend publication of Hungarian daily Népszabadság was taken solely for business reasons, the head of Vienna Capital Partners, which owns the broadsheet’s publisher, said in an interview published in Austrian weekly Profil. “Népszabadság has only made losses for more than ten years.
Domestic Tourism On The Rise
- 9 Sep 2016 9:00 AM
- travel
Domestic tourism continued to increase both in the first half of 2016 and during the peak tourist season, daily Magyar Hírlap said, citing experts. Hungarians increasingly chose to spend their holidays in their home country rather than going abroad. Domestic demand grew by twice as much as the international one, general secretary of the association of Hungarian restaurants and hotels István ...
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
Hungary Smoking Rate Down
- 31 May 2016 9:00 AM
- health & wellness
The national smoking rate in Hungary has declined in recent years, but the number of young smokers has grown, the state secretary for health care said. Speaking at a press conference on the occasion of the upcoming World No Tobacco Day, Zoltán Ónodi-Szűcs called the law protecting non-smokers one of the “greatest achievements” of the past few years.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Budapest To Spend ‘Necessary Amount’ Of A Rising Revenue Share On Public Transport
- 15 Dec 2015 8:00 AM
- getting around
The share of the Budapest municipality in revenues will increase at the expense of the capital’s 23 districts but it will have to spend “the necessary amount” rather than a specified ratio of its dues on providing public transport services under a bill of amendment submitted by the government to parliament. The proposal is in the same bill as a proposed cut of the VAT on home construction, which ...
Proposal For Early Retirement For Hungarian Men “Irresponsible”
- 5 Aug 2015 9:00 AM
- current affairs
Calls to allow men to retire after 40 years are “irresponsible”, the head of Hungary’s Chamber of Commerce and Industry said. Hungary’s biggest challenge in the past few years has been to maintain the budget balance, László Parragh told public television news channel M1, adding that lowering the retirement age would reduce tax revenues insupportably and erode the national pension fund.
Hungarian Paramilitary Leader Suspected Of Promoting Illegal Immigration
- 27 Jul 2015 9:00 AM
- current affairs
Róbert Kiss, head of the now defunct New Hungarian Guard, is suspected of “organising transportation for illegal immigrants to Budapest”, daily Napi Gazdaság reported. The paper associated Kiss and another person with a recent statement by counter-terrorism force TEK, which apprehended two people, unnamed in the report, in the act of negotiating a transfer with five Syrian immigrants in southern ...
VCP: Népszabadság Suspended For Purely Business Reasons
- 18 Oct 2016 9:00 AM
- current affairs
The decision to suspend publication of Hungarian daily Népszabadság was taken solely for business reasons, the head of Vienna Capital Partners, which owns the broadsheet’s publisher, said in an interview published in Austrian weekly Profil. “Népszabadság has only made losses for more than ten years.
Domestic Tourism On The Rise
- 9 Sep 2016 9:00 AM
- travel
Domestic tourism continued to increase both in the first half of 2016 and during the peak tourist season, daily Magyar Hírlap said, citing experts. Hungarians increasingly chose to spend their holidays in their home country rather than going abroad. Domestic demand grew by twice as much as the international one, general secretary of the association of Hungarian restaurants and hotels István ...
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
Hungary Smoking Rate Down
- 31 May 2016 9:00 AM
- health & wellness
The national smoking rate in Hungary has declined in recent years, but the number of young smokers has grown, the state secretary for health care said. Speaking at a press conference on the occasion of the upcoming World No Tobacco Day, Zoltán Ónodi-Szűcs called the law protecting non-smokers one of the “greatest achievements” of the past few years.
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Budapest To Spend ‘Necessary Amount’ Of A Rising Revenue Share On Public Transport
- 15 Dec 2015 8:00 AM
- getting around
The share of the Budapest municipality in revenues will increase at the expense of the capital’s 23 districts but it will have to spend “the necessary amount” rather than a specified ratio of its dues on providing public transport services under a bill of amendment submitted by the government to parliament. The proposal is in the same bill as a proposed cut of the VAT on home construction, which ...
Proposal For Early Retirement For Hungarian Men “Irresponsible”
- 5 Aug 2015 9:00 AM
- current affairs
Calls to allow men to retire after 40 years are “irresponsible”, the head of Hungary’s Chamber of Commerce and Industry said. Hungary’s biggest challenge in the past few years has been to maintain the budget balance, László Parragh told public television news channel M1, adding that lowering the retirement age would reduce tax revenues insupportably and erode the national pension fund.
Hungarian Paramilitary Leader Suspected Of Promoting Illegal Immigration
- 27 Jul 2015 9:00 AM
- current affairs
Róbert Kiss, head of the now defunct New Hungarian Guard, is suspected of “organising transportation for illegal immigrants to Budapest”, daily Napi Gazdaság reported. The paper associated Kiss and another person with a recent statement by counter-terrorism force TEK, which apprehended two people, unnamed in the report, in the act of negotiating a transfer with five Syrian immigrants in southern ...