60 result(s) for tax gap
Hungary’s PM Orbán: ‘Economic Breakthrough’
- 21 Feb 2017 6:12 AM
- current affairs
Prime Minister Viktor Orbán noted in his opening address to parliament that the unemployment rate was at a record low of 4.4% in the fourth quarter last year, arguing that “full employment is just an arm’s reach away”. Putting Hungary’s economic indicators into historical perspective, Orbán argued that Hungary was on the verge of an economic breakthrough.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Hungary’s VAT Gap Down By More Than 4 Percent In One Year
- 13 Sep 2016 9:00 AM
- business
As the latest tax gap report by the European Commission points out, Hungary’s measures against tax fraud and avoidance have been successful: the VAT gap fell by more than 4 percentage points in one year.
World Humanitarian Day, 19 August
- 18 Aug 2016 9:00 AM
- community & culture
Currently some 130 million people are in humanitarian need: distressed civilian populations, families, and refugees stricken by natural or man-made disaster or armed conflict. Children are missing out on school, and the injured and sick lack medical treatment. Countless aid workers risk their lives every day for those in need. World Humanitarian Day on 19 August is dedicated to raising awareness ...
Hungarian Company Aims To Take Uber’s Place On Local Market
- 28 Jul 2016 1:30 AM
- getting around
A Hungarian company wants to fill the gap left by ride-sharing company Uber when it pulled out of the country, daily Magyar Idők said on Tuesday. The company, which was earlier a sub-contractor for Uber in Hungary, wants to launch its mobile application in the coming days. The company will circumvent the strict rules on providing taxi services in Hungary by renting vehicles to passengers, ...
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
Hungary’s PM Orbán: ‘Economic Breakthrough’
- 21 Feb 2017 6:12 AM
- current affairs
Prime Minister Viktor Orbán noted in his opening address to parliament that the unemployment rate was at a record low of 4.4% in the fourth quarter last year, arguing that “full employment is just an arm’s reach away”. Putting Hungary’s economic indicators into historical perspective, Orbán argued that Hungary was on the verge of an economic breakthrough.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Orbán: Cultural Shift Sees Hungarians Valuing Work
- 28 Nov 2016 8:00 AM
- current affairs
Commenting on the wage deal signed on Thursday, Prime Minister Viktor Orbán said its most important message was that working in Hungary is worthwhile. In an interview to business daily Világgazdaság, Orbán said the deal reached with representatives of employers and trade unions was reached relatively quickly, showing that “players in Hungary’s economic life have not lost their common sense”.
Minimum Wages To Significantly Increase
- 24 Nov 2016 2:40 AM
- business
Wages for unskilled workers will be raised by 15% and for skilled workers by 25% in 2017, according to Hungary's economy minister, Mihály Varga. He said that in 2018 the minimum wages will be increased by a further 8% and 12%, respectively.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
Hungary’s VAT Gap Down By More Than 4 Percent In One Year
- 13 Sep 2016 9:00 AM
- business
As the latest tax gap report by the European Commission points out, Hungary’s measures against tax fraud and avoidance have been successful: the VAT gap fell by more than 4 percentage points in one year.
World Humanitarian Day, 19 August
- 18 Aug 2016 9:00 AM
- community & culture
Currently some 130 million people are in humanitarian need: distressed civilian populations, families, and refugees stricken by natural or man-made disaster or armed conflict. Children are missing out on school, and the injured and sick lack medical treatment. Countless aid workers risk their lives every day for those in need. World Humanitarian Day on 19 August is dedicated to raising awareness ...
Hungarian Company Aims To Take Uber’s Place On Local Market
- 28 Jul 2016 1:30 AM
- getting around
A Hungarian company wants to fill the gap left by ride-sharing company Uber when it pulled out of the country, daily Magyar Idők said on Tuesday. The company, which was earlier a sub-contractor for Uber in Hungary, wants to launch its mobile application in the coming days. The company will circumvent the strict rules on providing taxi services in Hungary by renting vehicles to passengers, ...
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.