467 result(s) for tax cut
Xpat Opinion: Utility Tariff Cuts Debated In Hungary
- 15 Jan 2013 8:00 AM
- current affairs
A left-wing commentator suggests that the energy price cuts will further slow down the Hungarian economy. Pro-government columnists, on the other hand, find it bizarre that the left opposes the price cuts after criticizing the government for restrictions and austerity.
Xpat Opinion: Hungary's Next Year’s Budget Passed
- 13 Dec 2012 8:00 AM
- current affairs
A pro-government columnist welcomes the new budget but warns that the deficit target may not be easy to meet. The Hungarian Parliament passed the 2013 budget on Tuesday. The bill has been amended several times since the first draft was submitted in June.
Hungarian Cabinet Decides To Cut Utility Rates By 10%
- 7 Dec 2012 10:35 AM
- current affairs
The cabinet has asked the Development Ministry to produce ways and means of reducing gas and electricity fees by 10%, spokesman András Giró-Szász announced during a recess in yesterday’s cabinet meeting. Prime Minister Viktor Orbán said in his radio interview last Friday that the cabinet is looking to reduce utility costs to consumers by reducing the profits of gas and electricity distributors.
Xpat Opinion: Have Hungary's IMF Talks Broken Down?
- 29 Oct 2012 8:00 AM
- current affairs
A conservative columnist comments on rumours about the breakdown of IMF talks. The government is right to resist IMF pressure to cut wages and pensions, he suggests. But he is at a loss to explain why the government has launched an insulting media campaign against the IMF to coincide with its yearly summit.
New Fiscal Plans In Hungary Hit OTP Shares Hard
- 24 Oct 2012 9:00 AM
- business
OTP shares plunged as much as 9% at one point yesterday after Economy Minister Gyorgy Matolcsy announced that the bank tax would remain in full effect next year, and that the tax on financial transactions would be doubled to 0.2%.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Xpat Opinion: Utility Tariff Cuts Debated In Hungary
- 15 Jan 2013 8:00 AM
- current affairs
A left-wing commentator suggests that the energy price cuts will further slow down the Hungarian economy. Pro-government columnists, on the other hand, find it bizarre that the left opposes the price cuts after criticizing the government for restrictions and austerity.
Xpat Opinion: Hungary's Next Year’s Budget Passed
- 13 Dec 2012 8:00 AM
- current affairs
A pro-government columnist welcomes the new budget but warns that the deficit target may not be easy to meet. The Hungarian Parliament passed the 2013 budget on Tuesday. The bill has been amended several times since the first draft was submitted in June.
Hungarian Cabinet Decides To Cut Utility Rates By 10%
- 7 Dec 2012 10:35 AM
- current affairs
The cabinet has asked the Development Ministry to produce ways and means of reducing gas and electricity fees by 10%, spokesman András Giró-Szász announced during a recess in yesterday’s cabinet meeting. Prime Minister Viktor Orbán said in his radio interview last Friday that the cabinet is looking to reduce utility costs to consumers by reducing the profits of gas and electricity distributors.
Xpat Opinion: Have Hungary's IMF Talks Broken Down?
- 29 Oct 2012 8:00 AM
- current affairs
A conservative columnist comments on rumours about the breakdown of IMF talks. The government is right to resist IMF pressure to cut wages and pensions, he suggests. But he is at a loss to explain why the government has launched an insulting media campaign against the IMF to coincide with its yearly summit.
New Fiscal Plans In Hungary Hit OTP Shares Hard
- 24 Oct 2012 9:00 AM
- business
OTP shares plunged as much as 9% at one point yesterday after Economy Minister Gyorgy Matolcsy announced that the bank tax would remain in full effect next year, and that the tax on financial transactions would be doubled to 0.2%.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...