• 22 Nov 2024

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18 result(s) for tax hike in Finance

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

Orbán called the concept of the global minimum corporate tax a “job killing tax hike”, and said the government refused to approve its introduction in Hungary.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Economists across the political spectrum investigate the causes and possible remedies of soaring inflation.
Central Bank Hiked Interest Rate in Hungary by 100 Basis Points

Central Bank Hiked Interest Rate in Hungary by 100 Basis Points

Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio. In a statement released after the meeting, the Monetary Council said the war in Ukraine has “posed a much higher risk than usual” to the outlook for inflation.
Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Hungary’s cash flow-based budget deficit, excluding local councils, was 1,433.7 billion forints at the end of February, lifted by tax refunds, pensioner and public sector bonuses and a payroll tax cut, a first reading of data released by the Finance Ministry on Tuesday shows.
Wage Growth Slows To 9.7% in December in Hungary

Wage Growth Slows To 9.7% in December in Hungary

Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Latest Inflation Data Above 7% in Hungary - Analysis

Latest Inflation Data Above 7% in Hungary - Analysis

Hungarian annual inflation was 7.4% in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle fuel prices continued to be the main drivers, though food and consumer durables prices rose above headline inflation.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

’Job-Killing Wage Hike’ Says Orbán About Introducing Minimum Corporate Tax in Hungary

Orbán called the concept of the global minimum corporate tax a “job killing tax hike”, and said the government refused to approve its introduction in Hungary.
Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

Watch: EC Says Reforms by Hungary Not Enough to Get All Withheld EU Funds

The European Commission believes the reforms undertaken by Budapest so far to ensure EU money is not misused did not go far enough.
Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Economists across the political spectrum investigate the causes and possible remedies of soaring inflation.
Central Bank Hiked Interest Rate in Hungary by 100 Basis Points

Central Bank Hiked Interest Rate in Hungary by 100 Basis Points

Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio. In a statement released after the meeting, the Monetary Council said the war in Ukraine has “posed a much higher risk than usual” to the outlook for inflation.
Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Hungary’s cash flow-based budget deficit, excluding local councils, was 1,433.7 billion forints at the end of February, lifted by tax refunds, pensioner and public sector bonuses and a payroll tax cut, a first reading of data released by the Finance Ministry on Tuesday shows.
Wage Growth Slows To 9.7% in December in Hungary

Wage Growth Slows To 9.7% in December in Hungary

Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Latest Inflation Data Above 7% in Hungary - Analysis

Latest Inflation Data Above 7% in Hungary - Analysis

Hungarian annual inflation was 7.4% in December, the Central Statistical Office (KSH) said on Friday. Higher cigarette and vehicle fuel prices continued to be the main drivers, though food and consumer durables prices rose above headline inflation.