844 result(s) for tax free
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Hungarian Parties Fidesz And Socialists Exchange Barbs
- 15 Aug 2012 9:00 AM
- current affairs
Prime Minister Viktor Orban has damaged Hungary's reputation with several recent remarks, and the damage can be measured in forints, Socialist MP Istvan Jozsa charged. He said primarily the extension of the financial transaction tax to the MNB damaged Hungary's image but Orban's description of Hungarians as a semi-Asian people and his other July 26 statement ”let us hope that God will help us and ...
Take BKK’s Public Transport Services To The Sziget Festival In Budapest
- 7 Aug 2012 9:04 AM
- getting around
The 20th Sziget Festival will be held from Sunday 5 August to Monday 13 Sunday on Óbuda Island. Thanks to the agreement between Sziget and BKK Centre for Budapest Transport, special CityPASS wristbands will go on sale entitling holders to public transport and other special services during the event. Furthermore, we are launching special dedicated transport services and provide higher frequency on ...
Hungary Tax Authority Unveils This Year’s List Of Biggest Tax Dodgers
- 2 Aug 2012 9:00 AM
- business
Budapest-based company Freedom 2005 tops the second-quarter list of companies and individuals with the highest outstanding tax bills, published on the website of the tax authority NAV. The company owes Ft 2.8 billion in taxes. The highest claim against an individual was Ft 370 million.
Most Hungarians Would Favour IMF Deal
- 2 Aug 2012 1:30 AM
- current affairs
Most Hungarians would welcome a loan agreement between Hungary and the IMF, according to a poll conducted by the Szazadveg Foundation in the second half of July. Such a pact had the support of 58% of respondents, while 22% rejected the idea and 20% could not or would not express a view. Opposition to a deal is highest among Jobbik voters, at 50%, although even 35% of the far-right party’s ...
Markets In Hungary Turn Sour On Orban Comments
- 1 Aug 2012 9:00 AM
- business
Capital markets reacted negatively to the Prime Minister’s last Wednesday comments in which he seemed adamant about extending the financial transaction tax to the MNB, according to Bertalan Nagy, head of the private banking unit of Equilor brokers. The euphoria fuelled by hopes of a quick agreement dissipated this week and gains in Hungarian asset prices began to be priced out, he said.
Hungary's PM Orban Refuses To Back Down On Extending New Tax To MNB
- 31 Jul 2012 9:00 AM
- current affairs
The government will insist during loan talks with the EU and IMF that the financial transaction tax be applied to the MNB, Prime Minister Viktor Orban told reporters last week. The government and the IMF disagree on this issue, he said, one day after the European Central Bank (ECB) also expressed its opposition, saying the measure may violate EU rules.
Hungary's Oldest Meat Processor Awaits Lifeline From State
- 30 Jul 2012 9:00 AM
- current affairs
Troubled meat processor Gyulai Húskombinát needs a Ft 1 billion capital injection to keep its operations stable at home and abroad, Magyar Hírlap was informed. Talks with the government and the town of Gyula on a possible financial lifeline are ongoing, but it is too early to speak about details, said CEO János Ruck.
IMF And EU May Oppose New Hungarian State-Run Mobile Phone Operator
- 24 Jul 2012 9:00 AM
- tech
There is a possibility that the question of the fourth mobile operator, state-owned MPVI Mobile, may come up in loan talks with the EU and the IMF, Magyar Nemzet writes, citing an anonymous government source. Economic considerations would serve as a “pretext” for raising the issue, the source said, adding that foreign-owned mobile operators might seek help from the EU in a bid to eliminate ...
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Hungarian Parties Fidesz And Socialists Exchange Barbs
- 15 Aug 2012 9:00 AM
- current affairs
Prime Minister Viktor Orban has damaged Hungary's reputation with several recent remarks, and the damage can be measured in forints, Socialist MP Istvan Jozsa charged. He said primarily the extension of the financial transaction tax to the MNB damaged Hungary's image but Orban's description of Hungarians as a semi-Asian people and his other July 26 statement ”let us hope that God will help us and ...
Take BKK’s Public Transport Services To The Sziget Festival In Budapest
- 7 Aug 2012 9:04 AM
- getting around
The 20th Sziget Festival will be held from Sunday 5 August to Monday 13 Sunday on Óbuda Island. Thanks to the agreement between Sziget and BKK Centre for Budapest Transport, special CityPASS wristbands will go on sale entitling holders to public transport and other special services during the event. Furthermore, we are launching special dedicated transport services and provide higher frequency on ...
Hungary Tax Authority Unveils This Year’s List Of Biggest Tax Dodgers
- 2 Aug 2012 9:00 AM
- business
Budapest-based company Freedom 2005 tops the second-quarter list of companies and individuals with the highest outstanding tax bills, published on the website of the tax authority NAV. The company owes Ft 2.8 billion in taxes. The highest claim against an individual was Ft 370 million.
Most Hungarians Would Favour IMF Deal
- 2 Aug 2012 1:30 AM
- current affairs
Most Hungarians would welcome a loan agreement between Hungary and the IMF, according to a poll conducted by the Szazadveg Foundation in the second half of July. Such a pact had the support of 58% of respondents, while 22% rejected the idea and 20% could not or would not express a view. Opposition to a deal is highest among Jobbik voters, at 50%, although even 35% of the far-right party’s ...
Markets In Hungary Turn Sour On Orban Comments
- 1 Aug 2012 9:00 AM
- business
Capital markets reacted negatively to the Prime Minister’s last Wednesday comments in which he seemed adamant about extending the financial transaction tax to the MNB, according to Bertalan Nagy, head of the private banking unit of Equilor brokers. The euphoria fuelled by hopes of a quick agreement dissipated this week and gains in Hungarian asset prices began to be priced out, he said.
Hungary's PM Orban Refuses To Back Down On Extending New Tax To MNB
- 31 Jul 2012 9:00 AM
- current affairs
The government will insist during loan talks with the EU and IMF that the financial transaction tax be applied to the MNB, Prime Minister Viktor Orban told reporters last week. The government and the IMF disagree on this issue, he said, one day after the European Central Bank (ECB) also expressed its opposition, saying the measure may violate EU rules.
Hungary's Oldest Meat Processor Awaits Lifeline From State
- 30 Jul 2012 9:00 AM
- current affairs
Troubled meat processor Gyulai Húskombinát needs a Ft 1 billion capital injection to keep its operations stable at home and abroad, Magyar Hírlap was informed. Talks with the government and the town of Gyula on a possible financial lifeline are ongoing, but it is too early to speak about details, said CEO János Ruck.
IMF And EU May Oppose New Hungarian State-Run Mobile Phone Operator
- 24 Jul 2012 9:00 AM
- tech
There is a possibility that the question of the fourth mobile operator, state-owned MPVI Mobile, may come up in loan talks with the EU and the IMF, Magyar Nemzet writes, citing an anonymous government source. Economic considerations would serve as a “pretext” for raising the issue, the source said, adding that foreign-owned mobile operators might seek help from the EU in a bid to eliminate ...