• 27 Dec 2025

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467 result(s) for tax cut

Opposition LMP Calls For VAT Cut For Basic Produce

Opposition LMP Calls For VAT Cut For Basic Produce

The opposition LMP called on the government to cut VAT on basic food produce to 5%. Antal Csárdi, the deputy leader of the party’s parliamentary group, told a press conference the tax system was “immensely unfair”, and insisted the state earned more on the sale of food produce than retailers did.
Overcrowded Housing In Hungary Has Fallen Dramatically In Ten Years

Overcrowded Housing In Hungary Has Fallen Dramatically In Ten Years

The proportion of overcrowded housing in Hungary has more than halved in the past ten years, a junior governing party official said on Saturday, commenting on fresh Eurostat data.
Hungarian Festival Organisers Say VAT Cut Key To Weathering Crisis

Hungarian Festival Organisers Say VAT Cut Key To Weathering Crisis

The restrictions on gatherings and the cancellation of festivals is expected to cost the economy Ft 80 billion, Hungarian Festival Association (MFSZ) chairman István Márta told business daily Világgazdaság.
Hungarian Tourism Agency: Bookings Slowly Restarting

Hungarian Tourism Agency: Bookings Slowly Restarting

Bookings from domestic and foreign travellers are slowly restarting at Hungarian tourist destinations in the wake of the easing of coronavirus-related restrictions, the head of the Hungarian Tourism Agency said.
Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungary’s finance ministry submitted an updated convergence programme to the European Commission that envisages a 3% GDP contraction in 2020 in light of the coronavirus crisis.
Hungarian Opinion: Dispute Over Government’s Economic Measures

Hungarian Opinion: Dispute Over Government’s Economic Measures

A pro-government and an independent economist find the government’s economic incentives to kick-start the economy reasonable and well-balanced. A former liberal minister and a left-wing commentator, on the other hand, accuse the government of mismanaging the economic crisis.
Coronavirus: Hungary To Plough 20% Of GDP Into Protection Efforts

Coronavirus: Hungary To Plough 20% Of GDP Into Protection Efforts

Hungary is ploughing 20% of its GDP into protection efforts against the novel coronavirus, Finance Minister Mihály Varga (pictured on top left) said after a meeting of the financial action group coordinating the financial response to the epidemic.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
Coronavirus: Hungarian Opposition Critical Of Govt’s Proposed Economic Measures

Coronavirus: Hungarian Opposition Critical Of Govt’s Proposed Economic Measures

Hungary’s opposition parties called for implementing a mix of economic stimulus measures different from the ones announced by the head of the Prime Minister’s Office.
Opposition LMP Calls For VAT Cut For Basic Produce

Opposition LMP Calls For VAT Cut For Basic Produce

The opposition LMP called on the government to cut VAT on basic food produce to 5%. Antal Csárdi, the deputy leader of the party’s parliamentary group, told a press conference the tax system was “immensely unfair”, and insisted the state earned more on the sale of food produce than retailers did.
Overcrowded Housing In Hungary Has Fallen Dramatically In Ten Years

Overcrowded Housing In Hungary Has Fallen Dramatically In Ten Years

The proportion of overcrowded housing in Hungary has more than halved in the past ten years, a junior governing party official said on Saturday, commenting on fresh Eurostat data.
Hungarian Festival Organisers Say VAT Cut Key To Weathering Crisis

Hungarian Festival Organisers Say VAT Cut Key To Weathering Crisis

The restrictions on gatherings and the cancellation of festivals is expected to cost the economy Ft 80 billion, Hungarian Festival Association (MFSZ) chairman István Márta told business daily Világgazdaság.
Hungarian Tourism Agency: Bookings Slowly Restarting

Hungarian Tourism Agency: Bookings Slowly Restarting

Bookings from domestic and foreign travellers are slowly restarting at Hungarian tourist destinations in the wake of the easing of coronavirus-related restrictions, the head of the Hungarian Tourism Agency said.
Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungary’s finance ministry submitted an updated convergence programme to the European Commission that envisages a 3% GDP contraction in 2020 in light of the coronavirus crisis.
Hungarian Opinion: Dispute Over Government’s Economic Measures

Hungarian Opinion: Dispute Over Government’s Economic Measures

A pro-government and an independent economist find the government’s economic incentives to kick-start the economy reasonable and well-balanced. A former liberal minister and a left-wing commentator, on the other hand, accuse the government of mismanaging the economic crisis.
Coronavirus: Hungary To Plough 20% Of GDP Into Protection Efforts

Coronavirus: Hungary To Plough 20% Of GDP Into Protection Efforts

Hungary is ploughing 20% of its GDP into protection efforts against the novel coronavirus, Finance Minister Mihály Varga (pictured on top left) said after a meeting of the financial action group coordinating the financial response to the epidemic.
Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

Coronavirus: PM Orbán Announced Five-Point Economic Protection Plan

After the European debt crisis and the migrant crisis, Hungary is now facing a virus crisis. The new economy protection action plan does not increase the country's exposure; it aims to solve Hungary's problem on its own.
Coronavirus: Hungarian Opposition Critical Of Govt’s Proposed Economic Measures

Coronavirus: Hungarian Opposition Critical Of Govt’s Proposed Economic Measures

Hungary’s opposition parties called for implementing a mix of economic stimulus measures different from the ones announced by the head of the Prime Minister’s Office.