47 result(s) for tax cuts in Business
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
OECD Recommends Measures To Support Growth In Hungary
- 10 Feb 2015 8:00 AM
- business
The OECD has said Hungary should reduce the tax wedge on low wages, scale back disincentives for older workers and make education more equitable to support economic growth.
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 ...
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
MTelekom Shares Hit Record Low In Hungary
- 1 Aug 2013 7:00 AM
- business
The price of Magyar Telekom shares fell to a record low of Ft 295 at one point on Tuesday, before closing at Ft 309. Investors are avoiding the telecom sector, observed analyst Ákos Kuti of Equilor brokers.
Hungarian Government Measures To Safeguard Achievements
- 18 Jun 2013 9:00 AM
- business
Hungarian people have made tremendous efforts to end the Excessive Deficit procedure against the country, but the result “shall be upheld and protected”, and that is the reason the Government has submitted new measures in Parliament, Government Spokesperson András Giró-Szász said, and Minister for National Economy Mihály Varga announced the concrete measures.
PM: Hungarian Government Building A New Economic Model
- 19 Jul 2012 9:00 AM
- business
The government is building a new economic model, Prime Minister Orbán said at a meeting with leaders of the Hungarian Chamber of Commerce and Industry (MKIK). The meeting is part of a series of consultations with key allies of the ruling party.
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Rate Makes Hungary A Tax Haven
- 5 Aug 2010 2:00 AM
- business
"The new 10% corporate tax rate for companies with annual revenues of up to Ft 500 million qualifies Hungary as a tax haven, local business media reported.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
OECD Recommends Measures To Support Growth In Hungary
- 10 Feb 2015 8:00 AM
- business
The OECD has said Hungary should reduce the tax wedge on low wages, scale back disincentives for older workers and make education more equitable to support economic growth.
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 ...
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
MTelekom Shares Hit Record Low In Hungary
- 1 Aug 2013 7:00 AM
- business
The price of Magyar Telekom shares fell to a record low of Ft 295 at one point on Tuesday, before closing at Ft 309. Investors are avoiding the telecom sector, observed analyst Ákos Kuti of Equilor brokers.
Hungarian Government Measures To Safeguard Achievements
- 18 Jun 2013 9:00 AM
- business
Hungarian people have made tremendous efforts to end the Excessive Deficit procedure against the country, but the result “shall be upheld and protected”, and that is the reason the Government has submitted new measures in Parliament, Government Spokesperson András Giró-Szász said, and Minister for National Economy Mihály Varga announced the concrete measures.
PM: Hungarian Government Building A New Economic Model
- 19 Jul 2012 9:00 AM
- business
The government is building a new economic model, Prime Minister Orbán said at a meeting with leaders of the Hungarian Chamber of Commerce and Industry (MKIK). The meeting is part of a series of consultations with key allies of the ruling party.
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Rate Makes Hungary A Tax Haven
- 5 Aug 2010 2:00 AM
- business
"The new 10% corporate tax rate for companies with annual revenues of up to Ft 500 million qualifies Hungary as a tax haven, local business media reported.