Government

Government

Russian President dissolves Government

Russian President Vladimir Putin accepted Wednesday a request from Prime Minister Mikhail Fradkov to dismiss the government and form a...

Government

Never mind ‘Borat’, Kazakhstan is a booming, energy-rich country

If you have watched the film ‘Borat’: Cultural Learnings of America for Make Benefit Glorious Nation of Kazakhstan, you get...

Government

Standards body rebuffs Microsoft

Microsoft Corp. lost two key votes to have an ‘open’ version of its Office software file format made the world...

Government

Poland heads for early vote

Seeking to end months of political turmoil, Polish officials confirmed Sunday that the government will hold early elections by November,...

Government

Polish coalition crisis defused

A junior coalition partner has said it will remain in Poland's conservative government, defusing what had appeared to be an...

Government

Excise duty on alcohol: minimum levels should rise by 4.5%

The Economic and Monetary Affairs Committee voted on Wednesday to support a rise in the EU-wide minimum levels of excise...

Government

Poland ‘is ready to wreck everything if our voting demands are not met’

Poland is ready to let next week's EU summit collapse rather than accept a new constitutional treaty that eats away...

Government

France’s ruling party triumphs in first-round parliamentary vote

France’s UMP party won an overwhelming majority in the first round of parliamentary elections held Sunday, just over a month...

Government

Romanian Parliament rejects no-confidence motion against government

Romanian Parliament on Monday evening rejected the no-confidence motion against the government headed by Prime Minister Calin Popescu-Tariceanu....

Government

Putin says presidential term may be extended to 7 years

President Vladimir Putin said he believes the presidential term in Russia could be extended to five to seven years, but...

Government

Ukrainian factions set new election date, ending feud

Ukraine's sparring political parties agreed a date for fresh parliamentary elections early Sunday in a breakthrough hailed by both sides...

Government

Sarkozy is elected French president

Conservative Nicolas Sarkozy was elected president of France on Sunday, defeating Socialist Segolene Royal by a comfortable margin, TF1 television...

Government

American Diebold loses $5.9 million in Q1

More money went out from automated teller machine maker Diebold Inc. than the company took in for the first three...

Government

Constitutional court approves suspension of Romania president

The constitutional court in Bucharest Friday has suspended President Traian Basescu, making official the results of a vote in the...

Government

Romanian president says to resign if parliament votes against him

Romanian President Traian Basescu has said that he would resign if the parliament votes to dismiss him from office, local...

Government

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Government

Magyar Government’s Mission Impossible: Spend Less While Spending More

Hungary is currently on a mission impossible: pursuing fiscal consolidation while working on tax cuts and social spending, as promised...

Hungary Publishes Communist-Era Informant Files Online

Hungary has made the names and personal details of tens of thousands of communist-era informants publicly accessible through a new...

Hungary Proposes 15% Corporate Tax Rate for Large Companies

The government has submitted a bill that would raise Hungary's corporate tax rate from 9% to 15% for companies with...

Hungary’s 2027 Budget Combines Tax Relief, Spending Rises and Cost Cuts

Hungary’s 2027 budget will prioritize “fairness” and “development” through tax relief, higher public sector wages and EU-funded investments, Finance Minister...

Hungary Plans 9% Income Tax for Minimum Wage Earners in 2027 Budget

Hungary is set to cut the personal income tax (PIT) rate for minimum wage earners from 15% to 9% next...

Péter Magyar Seeks EU Funding for Hungary’s Border Fence and Protection

Hungary will seek dedicated EU funding to strengthen its border fence and border protection during negotiations on the bloc’s next...

Hungary Grants Temporary Diesel Tax Relief to Freight Operators

Hungary will provide temporary diesel excise tax relief of HUF 25 per liter for trucks weighing more than 7.5 metric...

Orbán Urged to Clarify Whether He Ordered Ukrainian Cash and Gold Convoy Stop

Defense Minister Romulusz Ruszin-Szendi has called on former PM Viktor Orbán to clarify whether he ordered Hungarian authorities to stop...

Hungary Targets HUF 800 bln With Wealth Tax on Billionaires

Hungary’s gov't has decided on the details of a wealth tax due to take effect in 2027, an expansion of...

Parties Split Over Security Implications of Szijjártó’s BYD Role

Fidesz and Tisza lawmakers offered contrasting assessments of former Foreign Minister Péter Szijjártó’s employment with BYD after a closed-door parliamentary...

Magyar Says Anti-Corruption Drive Has Reached Top ‘Fidesz Mafia’ Circles

Prime Minister Péter Magyar called former minister Miklós Seszták’s arrest a milestone in Operation Cleansing Fire, saying the anti-corruption drive...

Hungarian Government Plans Broader KATA Eligibility, Higher Monthly Payments

The gov't plans to expand eligibility for Hungary’s itemized tax for small businesses (KATA) while raising monthly tax payments, PM...

Magyar Casts Doubt on Tisza Support for Chief Prosecutor Nominee

PM Péter Magyar said Monday that the ruling Tisza Party was unlikely to support Zoltán Szathmáry’s nomination as chief public...

Government to Terminate MKIF Motorway Concession, Magyar Says

Hungary’s government will terminate its motorway concession contract with MKIF and file a formal complaint, Prime Minister Péter Magyar said...

Hungary to Direct HUF 90 bln From Tobacco Tax Increases to Healthcare

Hungary will use revenue from higher tobacco excise duties to provide additional funding for healthcare, the government said Tuesday, citing...

Magyar Government’s Mission Impossible: Spend Less While Spending More

Hungary is currently on a mission impossible: pursuing fiscal consolidation while working on tax cuts and social spending, as promised...