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Hungary Had To Introduce Bank Tax

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"Hungary had no choice but to create a bank tax in order to reduce its budget deficit, a senior official said on Monday. "Without the bank tax it is impossible to keep the budget deficit below 3.8 percent (of Gross Domestic Product) in 2010 and under 3.0 percent in 2011," Mihaly Varga, state secretary in the prime minister's office, told state television MTV1."


More from the source: news.malaysia.msn.com


14.09.2010




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