Hungary’s industrial production was up by 9.4% in year-on-year terms in December, while the index adjusted for working days grew by 6.9%, Hungary’s Central Statistical Office (KSH) reported today.
The Hungarian government decided to allocate a total of HUF 40 billion for its revamped home subsidy purchase program for families with children (CSOK) in this year’s budget, Cabinet Chief János Lázár said yesterday, according to reports.
The corporate tax bite for last year’s earnings should not be dramatically different from the year before for most companies, but the administrative burden will continue to grow, according to local experts.
The Hungarian government is ready to negotiate with teachers, but the idea of eliminating centralized control of education will not be entertained, Cabinet Chief János Lázár said today, commenting on the demonstration held by teachers yesterday and a demonstration scheduled for February 13, according to reports.
Cabinet Chief János Lázár will propose that the government cut 15% of staff employed in state administration bodies as part of the 2017 budget act, the politician said today during his weekly press conference, Hungarian news agency MTI reported.