Government to introduce low-cost basic internet


The Hungarian government could introduce a low-cost basic internet service, reduce the internet VAT rate to 18% and establish free wifi connections in all settlements, Fidesz-friendly daily Magyar Idők reported today, citing unnamed government sources.

A bill on “net neutrality” is being drafted by lawmakers, following an online national consultation on internet services that involved 32,000 respondents followed by talks with market players, professional interest groups and civil organizations, the daily reported.

Tamás Deutsch is the Fidesz Member of European Parliament in charge of the national consultation, entitled NetKon, which was launched after thousands of protesters took to the streets of Budapest to oppose the government’s planned introduction of a levy on internet usage.

According to the daily, the cabinet is also working on a comprehensive digital public education strategy. The government hopes to launch a program to develop wifi in educational institutions, as well as a scheme to keep children safe from digital threats, Hungarian news agency MTI reported. Tax allowances could also be offered to Hungarian startups, the daily said.


Zwack Profit Climbs 8% Figures

Zwack Profit Climbs 8%

Parl't Approves Amendments to Legislation on Judiciary Parliament

Parl't Approves Amendments to Legislation on Judiciary

Magnus Aircraft Signs CNY 65 mln Order Deals

Magnus Aircraft Signs CNY 65 mln Order

Accommodation Fully Booked Over Pentecost Weekend Tourism

Accommodation Fully Booked Over Pentecost Weekend


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.