Finance

Debt

Reduced offer sold at rising yield at three-month bill auction

The Government Debt Management Agency (ÁKK) sold the announced HUF 30 bln of three-month discount T-bills at auction on Tuesday....

MNB

Central bank likely to keep base rate at 2.10%

Analysts expect the National Bank's Monetary Council will leave the bank's base rate at the current 2.10% at its rate-setting...

Banking

Estimate: Average tax hike HUF 10,000 a month

The planned tax proposal set for 2015 would cost the average Hungarian household approximately HUF 10,000 more per month, according...

Banking

Government backs cap on proposed internet tax

The government supports a proposed amendment submitted by the governing Fidesz party to cap the tax to be levied on...

Banking

Lawmakers to discuss tax proposals on Tuesday

Parliament will meet early next week and on Tuesday, lawmakers will begin a debate on amendments to the tax legislation...

Debt

ÁKK cuts liquidity bill sale on moderate oversubscription

An auction of short-term "liquidity" T-bills was only moderately oversubscribed on Monday, and the Government Debt Management Agency (ÁKK) sold...

Banking

Fidesz cuts plans for internet tax to HUF 700 a month

Hungary’s governing party Fidesz is modifying its internet tax proposal, saying the tax would be no more than HUF 700...

Banking

Magyar Telekom urges against plan for internet tax

The Hungarian government should revoke its plan to tax internet use from next year as it will be detrimental to...

Banking

Former telecoms regulator blasts internet tax plan

The proposed tax on internet usage will hurt Hungarian businesses, obstruct social mobility and reduce freedom of the press, according...

Banking

Opposition: Internet tax to send Hungary back to the ’90s

Hungary’s opposition E-PM alliance urged the government to scrap plans of levying a tax on internet data transfers in a...

MNB

Report: Hungary’s redistribution rate rises in 2013

Hungary's redistribution rate – government expenditure as a percentage of GDP – rose by one percentage point from 2012 to...

Banking

New internet tax planned; other sectoral taxes to stay in 2015

A new tax of between 4.5-6% will be charged on internet service providers while other sectoral taxes on banks, telecoms...

Banking

Fidesz introduces once opposed internet tax

National Economy Minister Mihály Varga today revealed the details of the taxation system of 2015 today, hinting that the New...

Debt

Three-month bill auction undersubscribed

Tuesday's auction of three-month discount T-bills was undersubcribed, and the Government Debt Management Agency (ÁKK) sold HUF 20 bln or...

MNB

ÁKK to hold first liquidity bill auction since March next Monday

Hungary's Government Debt Management Agency (ÁKK) will offer HUF 50 bln discount T-bills expiring before the end of the year...

Debt

Reduced offer sold at rising yield at three-month bill auction

The Government Debt Management Agency (ÁKK) sold the announced HUF 30 bln of three-month discount T-bills at auction on Tuesday....

MNB

Central bank likely to keep base rate at 2.10%

Analysts expect the National Bank's Monetary Council will leave the bank's base rate at the current 2.10% at its rate-setting...

Banking

Estimate: Average tax hike HUF 10,000 a month

The planned tax proposal set for 2015 would cost the average Hungarian household approximately HUF 10,000 more per month, according...

Banking

Government backs cap on proposed internet tax

The government supports a proposed amendment submitted by the governing Fidesz party to cap the tax to be levied on...

Banking

Lawmakers to discuss tax proposals on Tuesday

Parliament will meet early next week and on Tuesday, lawmakers will begin a debate on amendments to the tax legislation...

Debt

ÁKK cuts liquidity bill sale on moderate oversubscription

An auction of short-term "liquidity" T-bills was only moderately oversubscribed on Monday, and the Government Debt Management Agency (ÁKK) sold...

Banking

Fidesz cuts plans for internet tax to HUF 700 a month

Hungary’s governing party Fidesz is modifying its internet tax proposal, saying the tax would be no more than HUF 700...

Banking

Magyar Telekom urges against plan for internet tax

The Hungarian government should revoke its plan to tax internet use from next year as it will be detrimental to...

Banking

Former telecoms regulator blasts internet tax plan

The proposed tax on internet usage will hurt Hungarian businesses, obstruct social mobility and reduce freedom of the press, according...

Banking

Opposition: Internet tax to send Hungary back to the ’90s

Hungary’s opposition E-PM alliance urged the government to scrap plans of levying a tax on internet data transfers in a...

MNB

Report: Hungary’s redistribution rate rises in 2013

Hungary's redistribution rate – government expenditure as a percentage of GDP – rose by one percentage point from 2012 to...

Banking

New internet tax planned; other sectoral taxes to stay in 2015

A new tax of between 4.5-6% will be charged on internet service providers while other sectoral taxes on banks, telecoms...

Banking

Fidesz introduces once opposed internet tax

National Economy Minister Mihály Varga today revealed the details of the taxation system of 2015 today, hinting that the New...

Debt

Three-month bill auction undersubscribed

Tuesday's auction of three-month discount T-bills was undersubcribed, and the Government Debt Management Agency (ÁKK) sold HUF 20 bln or...

MNB

ÁKK to hold first liquidity bill auction since March next Monday

Hungary's Government Debt Management Agency (ÁKK) will offer HUF 50 bln discount T-bills expiring before the end of the year...

Reduced offer sold at rising yield at three-month bill auction

The Government Debt Management Agency (ÁKK) sold the announced HUF 30 bln of three-month discount T-bills at auction on Tuesday....

Central bank likely to keep base rate at 2.10%

Analysts expect the National Bank's Monetary Council will leave the bank's base rate at the current 2.10% at its rate-setting...

Estimate: Average tax hike HUF 10,000 a month

The planned tax proposal set for 2015 would cost the average Hungarian household approximately HUF 10,000 more per month, according...

Government backs cap on proposed internet tax

The government supports a proposed amendment submitted by the governing Fidesz party to cap the tax to be levied on...

Lawmakers to discuss tax proposals on Tuesday

Parliament will meet early next week and on Tuesday, lawmakers will begin a debate on amendments to the tax legislation...

ÁKK cuts liquidity bill sale on moderate oversubscription

An auction of short-term "liquidity" T-bills was only moderately oversubscribed on Monday, and the Government Debt Management Agency (ÁKK) sold...

Fidesz cuts plans for internet tax to HUF 700 a month

Hungary’s governing party Fidesz is modifying its internet tax proposal, saying the tax would be no more than HUF 700...

Magyar Telekom urges against plan for internet tax

The Hungarian government should revoke its plan to tax internet use from next year as it will be detrimental to...

Former telecoms regulator blasts internet tax plan

The proposed tax on internet usage will hurt Hungarian businesses, obstruct social mobility and reduce freedom of the press, according...

Opposition: Internet tax to send Hungary back to the ’90s

Hungary’s opposition E-PM alliance urged the government to scrap plans of levying a tax on internet data transfers in a...

Report: Hungary’s redistribution rate rises in 2013

Hungary's redistribution rate – government expenditure as a percentage of GDP – rose by one percentage point from 2012 to...

New internet tax planned; other sectoral taxes to stay in 2015

A new tax of between 4.5-6% will be charged on internet service providers while other sectoral taxes on banks, telecoms...

Fidesz introduces once opposed internet tax

National Economy Minister Mihály Varga today revealed the details of the taxation system of 2015 today, hinting that the New...

Three-month bill auction undersubscribed

Tuesday's auction of three-month discount T-bills was undersubcribed, and the Government Debt Management Agency (ÁKK) sold HUF 20 bln or...

ÁKK to hold first liquidity bill auction since March next Monday

Hungary's Government Debt Management Agency (ÁKK) will offer HUF 50 bln discount T-bills expiring before the end of the year...