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Thursday 22 Feb 2018
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Businesses, Households To Make EUR 830m-900m In Tax Savings Next Year
Hungarian businesses and households will make 260-280 billion forints (EUR 830m-900m) in tax savings next year, Economy Minister Mihály Varga said in Wednesday’s issue of daily Magyar Idők. The reduction in the payroll tax by 2.5 percentage points to 19.5 percent will save businesses 200 billion forints next year, Varga said. more »
OTP Closes Far-Right Bank Account
OTP bank has closed the account of far-right movement Strength and Commitment (Erõ és Elszántság) lead by Zsolt Tyirityán, the bank told the weekly Magyar Narancs. more »
Mobilising 1.8 M Inactive Hungarians Potential Solution To Labour Shortage
Mobilizing the around 1.8 million inactive Hungarians could be a potential solution to the country’s increasingly pressing labour shortage, daily Magyar Idők said, citing Piroska Szalai, adviser to the economy ministry and chair of the board of the Budapest Enterprise Agency. more »

Foreign Minister: Hungary Strives To Build Effective Ties With S America


Foreign Minister: Hungary Strives To Build Effective Ties With S America
Addressing the issue of Hungary’s ties with Latin America at the opening of the 3rd Latin American Forum in Budapest, Foreign Minister Péter Szijjártó said that if an open economy such as Hungary’s wants to perform well, it must build effective ties with fast-developing countries in Latin America. more »

Hungary Q3 GDP Growth Accelerates To 3.6 Pc


Hungary Q3 GDP Growth Accelerates To 3.6 Pc
Hungary’s economy grew by an annual 3.6 percent in the third quarter, the Central Statistical Office (KSH) said in a first reading of data on Tuesday. more »

German SME Assoc Delegation Arrives In Budapest


German SME Assoc Delegation Arrives In Budapest
A delegation from the German Association of Small and Medium-sized Businesses (BVMW) met Hungarian officials in Budapest. BVMW head Mario Ohoven said the association wants to see economic ties between Hungary and Germany strengthened in the area of SMEs. more »



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