Government Discusses Four Tax Packages For 2009

"Hungary's coalition parties are holding debates on at least four packages of measures aiming to boost economic competitiveness and would enter into force in 2009, business daily Világgazdaság reported on Friday. Whichever package is chosen, it will be supplemented by amendments to social subsidies, which makes the issue even more complicated and creates a tough political nut to crack. more »

“Losing" HUF 22 bn On Suspended Gov Quarter Project Has Not Impact On Budget

"In 2008, the Hungarian government expected revenues of around HUF 30 billion on the sale of its ministry buildings that would have been moved to the new government quarter. Costs of the moving were estimated at HUF 8.2 bn. more »

Demszky Predicts Demanding Year Ahead

"Budapest mayor Gábor Demszky yesterday predicted a tough year ahead. Speaking to reporters at the Budapest Zoo, Demszky said “the Budapest economy is faring better than the national average, as the per capita GDP is higher in the capital, the employment rate is better and 36-37% of Hungary’s tax revenue comes from Budapest. more »

HVG: Who Do Hungarian Police Want Most In 2008?

"Jozsef Bencze, the national police chief, recently announced a list of the top 100 most wanted people in Hungary. The list includes pictures of the individuals, their age and the name of the organisation seeking their arrest. It was placed on the police website in time for the start of this year. more »

HEADLINES

Courts refuse to extradite man in child death crash

President rejects high state award for former PM Gyula Horn

Soros and Noor build a new world ardor

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