ADVERTISEMENT

Finance Minister Holds Talks With Business Chamber Chair

Government

Image by Alexandros Michailidis / Shutterstock.com

Finance Minister Mihály Varga has held talks with László Parragh, the head of the Hungarian Chamber of Commerce and Industry (MKIK), his ministry said on Friday, according to a report by state news wire MTI.

"Even in wartime, the government plans to ease and reduce further the tax burden for SMEs next year," Varga said after the meeting.

The sides agreed that easing businesses' burdens further contributes to improving the standard of living for employees and families, as well as boosting competitiveness, the ministry said.

Varga noted that legislation tabled by the government and recently approved by lawmakers would streamline taxes, reduce administration and expand preferences for hiring people living with disabilities.

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln Banking

Erste Bank Hungary Q1 Earnings Close to HUF 29 bln

Hungary Welcomes Extension of China's Visa Exemption Policy Int’l Relations

Hungary Welcomes Extension of China's Visa Exemption Policy

Living's Kassák Terrace and Park West 3 Classified as Brownf... Residential

Living's Kassák Terrace and Park West 3 Classified as Brownf...

Aldi Opening Biggest Store in Budapest Food

Aldi Opening Biggest Store in Budapest

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.