Banking

Banking

PM: Hungary is a ‘workfare society’

Hungary  “is not a welfare society” but “it is a labor-based workfare society”, Hungary’s Prime Minister Viktor Orbán said on Friday at a...

Banking

Some 43,000 firms register for road haulage control system

More than 43,000 companies registered for an electronic monitoring system for road haulage companies (called ekaer) by June 15, asking...

Banking

Parliament approves tax laws for 2016

The Hungarian Parliament today approved a package of previously announced tax changes for 2016, with 133 voting in favor and...

Banking

Bloomberg: Nagy says banking industry’s profits to improve by 2019

Márton Nagy, Executive Director of the Hungarian National Bank (MNB) says the Hungarian banking industry may break even this year and...

Banking

Financial Times: ‘Orbánomics’ stuns critics

The Hungarian economy under Prime Minister Viktor Orbán grew faster than its EU peers in 2014, though critics say this...

Banking

Government expects 3% GDP growth in 2019

The Hungarian government expects GDP to grow by 3% in 2019, according to a medium-term outlook supplementing the 2016 budget...

Banking

Bill would reduce top rate for ad tax to 5.3%

Hungaryʼs government submitted a bill to Parliament on Friday that would apply a 5.3% rate for the advertising tax on...

Banking

Editorial: Real tax overhaul will have to wait – again

The following is the Editorial column from the May 22-June 4 print edition of the Budapest Business Journal....

Banking

Bill would amend state debt threshold, could eliminate ad agencies

Hungary’s National Economy Minister Mihály Varga yesterday submitted a bill to Parliament that would amend a rule on a nominal...

Banking

Hungarian government submits tax bill

The Hungarian government today submitted a package to Parliament containing the previously announced amendments to the tax bill, Hungarian news...

Banking

Official: Utility tax could drop if ISPs upgrade networks

In the event that internet service providers build new networks or upgrade existing ones, the Hungarian government could consider a...

Banking

TV2 books positive EBITDA for first time since crisis

Hungarian commercial channel TV2, which was recently bought out by its management, had positive EBITDA for the first time in...

Banking

Government could lower VAT on internet

The Hungarian government is planning on reducing the VAT rate from 27% to 18% on internet subscriptions as of next...

Banking

Companies participating in dual education program could get rebates

Companies that take part in Hungaryʼs dual education system – a combination of trade instruction and on-the-job training – may...

Banking

Industry associations dispute ad tax

Industry associations are calling for additional consultations on the advertising tax, and have asked the government to consider abolishing the...

Banking

PM: Hungary is a ‘workfare society’

Hungary  “is not a welfare society” but “it is a labor-based workfare society”, Hungary’s Prime Minister Viktor Orbán said on Friday at a...

Banking

Some 43,000 firms register for road haulage control system

More than 43,000 companies registered for an electronic monitoring system for road haulage companies (called ekaer) by June 15, asking...

Banking

Parliament approves tax laws for 2016

The Hungarian Parliament today approved a package of previously announced tax changes for 2016, with 133 voting in favor and...

Banking

Bloomberg: Nagy says banking industry’s profits to improve by 2019

Márton Nagy, Executive Director of the Hungarian National Bank (MNB) says the Hungarian banking industry may break even this year and...

Banking

Financial Times: ‘Orbánomics’ stuns critics

The Hungarian economy under Prime Minister Viktor Orbán grew faster than its EU peers in 2014, though critics say this...

Banking

Government expects 3% GDP growth in 2019

The Hungarian government expects GDP to grow by 3% in 2019, according to a medium-term outlook supplementing the 2016 budget...

Banking

Bill would reduce top rate for ad tax to 5.3%

Hungaryʼs government submitted a bill to Parliament on Friday that would apply a 5.3% rate for the advertising tax on...

Banking

Editorial: Real tax overhaul will have to wait – again

The following is the Editorial column from the May 22-June 4 print edition of the Budapest Business Journal....

Banking

Bill would amend state debt threshold, could eliminate ad agencies

Hungary’s National Economy Minister Mihály Varga yesterday submitted a bill to Parliament that would amend a rule on a nominal...

Banking

Hungarian government submits tax bill

The Hungarian government today submitted a package to Parliament containing the previously announced amendments to the tax bill, Hungarian news...

Banking

Official: Utility tax could drop if ISPs upgrade networks

In the event that internet service providers build new networks or upgrade existing ones, the Hungarian government could consider a...

Banking

TV2 books positive EBITDA for first time since crisis

Hungarian commercial channel TV2, which was recently bought out by its management, had positive EBITDA for the first time in...

Banking

Government could lower VAT on internet

The Hungarian government is planning on reducing the VAT rate from 27% to 18% on internet subscriptions as of next...

Banking

Companies participating in dual education program could get rebates

Companies that take part in Hungaryʼs dual education system – a combination of trade instruction and on-the-job training – may...

Banking

Industry associations dispute ad tax

Industry associations are calling for additional consultations on the advertising tax, and have asked the government to consider abolishing the...

PM: Hungary is a ‘workfare society’

Hungary  “is not a welfare society” but “it is a labor-based workfare society”, Hungary’s Prime Minister Viktor Orbán said on Friday at a...

Some 43,000 firms register for road haulage control system

More than 43,000 companies registered for an electronic monitoring system for road haulage companies (called ekaer) by June 15, asking...

Parliament approves tax laws for 2016

The Hungarian Parliament today approved a package of previously announced tax changes for 2016, with 133 voting in favor and...

Bloomberg: Nagy says banking industry’s profits to improve by 2019

Márton Nagy, Executive Director of the Hungarian National Bank (MNB) says the Hungarian banking industry may break even this year and...

Financial Times: ‘Orbánomics’ stuns critics

The Hungarian economy under Prime Minister Viktor Orbán grew faster than its EU peers in 2014, though critics say this...

Government expects 3% GDP growth in 2019

The Hungarian government expects GDP to grow by 3% in 2019, according to a medium-term outlook supplementing the 2016 budget...

Bill would reduce top rate for ad tax to 5.3%

Hungaryʼs government submitted a bill to Parliament on Friday that would apply a 5.3% rate for the advertising tax on...

Editorial: Real tax overhaul will have to wait – again

The following is the Editorial column from the May 22-June 4 print edition of the Budapest Business Journal....

Bill would amend state debt threshold, could eliminate ad agencies

Hungary’s National Economy Minister Mihály Varga yesterday submitted a bill to Parliament that would amend a rule on a nominal...

Hungarian government submits tax bill

The Hungarian government today submitted a package to Parliament containing the previously announced amendments to the tax bill, Hungarian news...

Official: Utility tax could drop if ISPs upgrade networks

In the event that internet service providers build new networks or upgrade existing ones, the Hungarian government could consider a...

TV2 books positive EBITDA for first time since crisis

Hungarian commercial channel TV2, which was recently bought out by its management, had positive EBITDA for the first time in...

Government could lower VAT on internet

The Hungarian government is planning on reducing the VAT rate from 27% to 18% on internet subscriptions as of next...

Companies participating in dual education program could get rebates

Companies that take part in Hungaryʼs dual education system – a combination of trade instruction and on-the-job training – may...

Industry associations dispute ad tax

Industry associations are calling for additional consultations on the advertising tax, and have asked the government to consider abolishing the...