138 result(s) for vat cut
Socialists: Half Of Families Finance Start Of School Year From Credit
- 22 Aug 2016 8:59 AM
- community & culture
More than half of Hungarian households finance the start of the school year using credit, an opposition Socialist politician Ildikó Borbely Bangó told a news conference. Data available show that more than 18% of parents have taken up a loan to pay for the items such as clothing and equipment their children need to start school.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Poultry Sales Seen To Rise 5% Next Year In Hungary
- 28 Jul 2016 9:00 AM
- shopping
Due to the VAT drop on poultry meat in Hungary from the beginning of next year, poultry consumption may increase by 5%, Attila Csorbai, the director of Hungary’s Poultry Products Council, told daily Magyar Hírlap today.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Brussels Endangering VAT Cut On Internet Services, Says Hungarian Govt Spox
- 20 Jul 2016 9:00 AM
- tech
Brussels has “attacked” Hungary’s plan to cut VAT on internet subscriptions, Bence Tuzson, cabinet state secretary for government communications, told a news conference. He noted that the European Commission had not approved the government’s plan to reduce VAT next year on accessing the internet from 27% to 18%. The government will continue to fight for this cause, he added.
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
Cost To Hungary Of EU Migrant ‘Fines ’ Would Be HUF 100 BN
- 12 May 2016 3:00 AM
- current affairs
If Hungary paid the “fines” for refusing to accept migrants as part of the European Union’s quota system, the budget would be around 100 billion forints (EUR 322m) worse off, the state secretary for government communications said. Bence Tuzson noted that Brussels had indicated a levy of 250,000 euros per migrant would be imposed on countries refusing to participate in the scheme, and Hungary ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Socialists: Half Of Families Finance Start Of School Year From Credit
- 22 Aug 2016 8:59 AM
- community & culture
More than half of Hungarian households finance the start of the school year using credit, an opposition Socialist politician Ildikó Borbely Bangó told a news conference. Data available show that more than 18% of parents have taken up a loan to pay for the items such as clothing and equipment their children need to start school.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Poultry Sales Seen To Rise 5% Next Year In Hungary
- 28 Jul 2016 9:00 AM
- shopping
Due to the VAT drop on poultry meat in Hungary from the beginning of next year, poultry consumption may increase by 5%, Attila Csorbai, the director of Hungary’s Poultry Products Council, told daily Magyar Hírlap today.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Brussels Endangering VAT Cut On Internet Services, Says Hungarian Govt Spox
- 20 Jul 2016 9:00 AM
- tech
Brussels has “attacked” Hungary’s plan to cut VAT on internet subscriptions, Bence Tuzson, cabinet state secretary for government communications, told a news conference. He noted that the European Commission had not approved the government’s plan to reduce VAT next year on accessing the internet from 27% to 18%. The government will continue to fight for this cause, he added.
Orbán: Economy Has Sufficient Resources For Modern Education System
- 20 May 2016 9:00 AM
- current affairs
The Hungarian economy has the funding necessary for a predictable and reliable educational system that offers up-to-date knowledge, Prime Minister Viktor Orbán said. The budget amendment this year is necessary following the deal struck with teachers, he said in his regular interview to public radio.
Home Prices Rise 14 Pc In Hungary
- 17 May 2016 9:00 AM
- property
Home prices rose by 14 percent on average in Hungary from a year earlier, the biggest increase seen in a European Union member state, according to FHB’s latest home price index analysis. The average price of a resale home in Budapest, the most expensive area in the country, was 16.3 million forints in the third quarter of 2015 while the average home price in northern Hungary was 5.8 million ...
Cost To Hungary Of EU Migrant ‘Fines ’ Would Be HUF 100 BN
- 12 May 2016 3:00 AM
- current affairs
If Hungary paid the “fines” for refusing to accept migrants as part of the European Union’s quota system, the budget would be around 100 billion forints (EUR 322m) worse off, the state secretary for government communications said. Bence Tuzson noted that Brussels had indicated a levy of 250,000 euros per migrant would be imposed on countries refusing to participate in the scheme, and Hungary ...
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.


















