6,902 result(s) for visit hungary
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Strasbourg Court Rules Hungary Pension Law Violates ECHR
- 16 Dec 2015 8:00 AM
- current affairs
The European Court of Human Rights (ECtHR) ruled that Hungary’s pension law violates the ban against discrimination prescribed by the European Convention on Human Rights (ECHR). The court ordered the state of Hungary to pay 18,000 euros in compensation and legal fees to the petitioner, Gyula Fabian, a Hungarian pensioner who also has a job in the public sector and has had his pension withheld ...
Hungary’s PM: Corruption Of Any Kind Not Tolerated
- 16 Dec 2015 8:00 AM
- current affairs
No corruption of any kind is tolerated, Prime Minister Viktor Orbán told parliament in response to a question by radical nationalist Jobbik leader Gábor Vona. Orbán said it was inadvisable for Hungarian politicians or parliament to assume the job of the prosecutor’s office and the police. Referring to the case of Victor Ponta, who was forced to step down after outcry over graft, Orbán said, “I ...
Traffic Surveillance System In Hungary To Be Completed By Year-End
- 16 Dec 2015 8:00 AM
- getting around
Hungary’s intelligent traffic surveillance system is set to be installed by the end of the year, the deputy national police chief said. The network dubbed “Véda” was financed in part by 14.5 billion forints (EUR 46m) of EU funds and will include 160 mobile speed cameras and 365 complex traffic control points on a total of 134 roads, Zsolt Halmosi told a press conference.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%
- 16 Dec 2015 8:00 AM
- business
Rate-setters of the National Bank of Hungary decided to keep the base rate on hold at 1.35 % on Tuesday. The decision was in line with analysts’ expectations. The bank has kept the base rate on hold since signalling an end to an easing cycle in July.
More Companies De-Registered In Hungary
- 16 Dec 2015 8:00 AM
- business
Some 44,700 companies have been deleted from the official register this year, 4% more than last year, website feketelista.hu reports. More companies were de-registered than created in all 19 counties. In Budapest, twice as many, 20,534, companies were removed from the list as were added.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Vast Majority Of Hungarians Reject Stadium Spending
- 15 Dec 2015 8:00 AM
- current affairs
Four-fifths of Hungarians would like to see the government spend less money on football stadiums, Socialist Party executive committee member Balázs Bárány told reporters on Monday, citing a new survey. In all, 77% of respondents to a survey by the Publicus Institute commissioned by Vasárnapi Hírek said they have never been to a first division football game, and 88% do not plan to do so.
New Hungarian Fidesz Deputy Chairman Aims To Mobilise Youth
- 15 Dec 2015 8:00 AM
- current affairs
Newly-elected Fidesz deputy chairman Gábor Kubatov said one of his main goals in his new post would be to politically mobilise young people. Kubatov told MTI after Sunday’s Fidesz congress that it is important to develop a new strategy to invigorate the next generation’s engagement in politics and to strengthen young people’s sense of community and national belonging.
Hungarian Lawmakers Pass Law On VAT Cut For New Home Building
- 16 Dec 2015 8:00 AM
- property
Lawmakers approved a bill to reduce value added tax (VAT) on new-build homes from 27% to 5% between 2016 and 2019. Submitted by Economy Minister Mihály Varga and cabinet chief Antal Rogán, the law states that a 5% VAT rate applies to homes built between 2016 and 2019, mainly applying to blocks of flats built in housing parks with an area of less than 150 square meters each or to standalone homes ...
Strasbourg Court Rules Hungary Pension Law Violates ECHR
- 16 Dec 2015 8:00 AM
- current affairs
The European Court of Human Rights (ECtHR) ruled that Hungary’s pension law violates the ban against discrimination prescribed by the European Convention on Human Rights (ECHR). The court ordered the state of Hungary to pay 18,000 euros in compensation and legal fees to the petitioner, Gyula Fabian, a Hungarian pensioner who also has a job in the public sector and has had his pension withheld ...
Hungary’s PM: Corruption Of Any Kind Not Tolerated
- 16 Dec 2015 8:00 AM
- current affairs
No corruption of any kind is tolerated, Prime Minister Viktor Orbán told parliament in response to a question by radical nationalist Jobbik leader Gábor Vona. Orbán said it was inadvisable for Hungarian politicians or parliament to assume the job of the prosecutor’s office and the police. Referring to the case of Victor Ponta, who was forced to step down after outcry over graft, Orbán said, “I ...
Traffic Surveillance System In Hungary To Be Completed By Year-End
- 16 Dec 2015 8:00 AM
- getting around
Hungary’s intelligent traffic surveillance system is set to be installed by the end of the year, the deputy national police chief said. The network dubbed “Véda” was financed in part by 14.5 billion forints (EUR 46m) of EU funds and will include 160 mobile speed cameras and 365 complex traffic control points on a total of 134 roads, Zsolt Halmosi told a press conference.
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%
- 16 Dec 2015 8:00 AM
- business
Rate-setters of the National Bank of Hungary decided to keep the base rate on hold at 1.35 % on Tuesday. The decision was in line with analysts’ expectations. The bank has kept the base rate on hold since signalling an end to an easing cycle in July.
More Companies De-Registered In Hungary
- 16 Dec 2015 8:00 AM
- business
Some 44,700 companies have been deleted from the official register this year, 4% more than last year, website feketelista.hu reports. More companies were de-registered than created in all 19 counties. In Budapest, twice as many, 20,534, companies were removed from the list as were added.
Hungarian National Bank Advises Caution In Borrowing
- 15 Dec 2015 8:00 AM
- business
The MNB is advising Hungarians to be careful in taking out consumer loans during the Christmas season. The central bank noted that the total cost of lending (THM) for consumer credit, personal loans, overdrafts and credit cards can vary significantly among service providers.
Vast Majority Of Hungarians Reject Stadium Spending
- 15 Dec 2015 8:00 AM
- current affairs
Four-fifths of Hungarians would like to see the government spend less money on football stadiums, Socialist Party executive committee member Balázs Bárány told reporters on Monday, citing a new survey. In all, 77% of respondents to a survey by the Publicus Institute commissioned by Vasárnapi Hírek said they have never been to a first division football game, and 88% do not plan to do so.
New Hungarian Fidesz Deputy Chairman Aims To Mobilise Youth
- 15 Dec 2015 8:00 AM
- current affairs
Newly-elected Fidesz deputy chairman Gábor Kubatov said one of his main goals in his new post would be to politically mobilise young people. Kubatov told MTI after Sunday’s Fidesz congress that it is important to develop a new strategy to invigorate the next generation’s engagement in politics and to strengthen young people’s sense of community and national belonging.