251 result(s) for against hungary in Business
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...
GVH, MNB & NFH Signed Cooperation Agreement
- 4 Mar 2015 8:00 AM
- business
The Hungarian Competition Authority (GVH), the National Bank of Hungary (MNB) and the National Consumer Protection Authority (NFH) have signed a cooperation agreement for the consistent enforcement of the law (Fttv.) on the prohibition of unfair commercial practices against consumers.
EC Unhappy With Low Tax On Pálinka In Hungary
- 2 Mar 2015 8:00 AM
- business
The European Commission has again launched an infringement procedure regarding Hungary’s excise tax regulation on home-made pálinka. Hungary has not properly complied with the Commission’s ruling of last spring, tax and customs spokeswoman Vanessa Mock told state news agency MTI.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Xpat Opinion: Hungary GDP Grows By 3.5 % In 2014
- 16 Feb 2015 8:00 AM
- business
After the publication of 2014 growth data which exceeds even the most optimistic estimates, the leading left-wing daily suggests that the government should spend more on welfare. A conservative columnist believes that fast economic growth can be sustained.
Hungary's PM Orbán To Meet Bertelsmann Chief
- 11 Feb 2015 8:00 AM
- business
Prime Minister Viktor Orbán will meet Thomas Rabe, head of the Bertelsmann group, the owner of television channel RTL Klub, on February 24, Prime Minister’s Office leader János Lázár announced on state radio on Tuesday morning.
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Buda-Cash Investigation Should Target Role Of Central Bank
- 10 Mar 2015 8:00 AM
- business
An investigation into the Buda-Cash brokerage scandal should also examine the role of the central bank, former finance minister János Veres said. “Deficient” regulatory oversight by the central bank under the governing Fidesz party and the bank’s governor György Matolcsy had allowed funds of more than 100,000 clients to disappear.
US-Owned Companies Treated Equally With Other Firms, Says Tax Office
- 5 Mar 2015 8:00 AM
- business
US-affiliated companies in Hungary are treated equally with other, non-US, firms, the national tax and customs authority (NAV) said in a report published on the government’s website. The report followed an investigation launched in the wake of press reports suggesting that NAV conducted illegal procedures and in some cases failed to launch procedures causing the central budget VAT-revenue losses ...
GVH, MNB & NFH Signed Cooperation Agreement
- 4 Mar 2015 8:00 AM
- business
The Hungarian Competition Authority (GVH), the National Bank of Hungary (MNB) and the National Consumer Protection Authority (NFH) have signed a cooperation agreement for the consistent enforcement of the law (Fttv.) on the prohibition of unfair commercial practices against consumers.
EC Unhappy With Low Tax On Pálinka In Hungary
- 2 Mar 2015 8:00 AM
- business
The European Commission has again launched an infringement procedure regarding Hungary’s excise tax regulation on home-made pálinka. Hungary has not properly complied with the Commission’s ruling of last spring, tax and customs spokeswoman Vanessa Mock told state news agency MTI.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Xpat Opinion: Hungary GDP Grows By 3.5 % In 2014
- 16 Feb 2015 8:00 AM
- business
After the publication of 2014 growth data which exceeds even the most optimistic estimates, the leading left-wing daily suggests that the government should spend more on welfare. A conservative columnist believes that fast economic growth can be sustained.
Hungary's PM Orbán To Meet Bertelsmann Chief
- 11 Feb 2015 8:00 AM
- business
Prime Minister Viktor Orbán will meet Thomas Rabe, head of the Bertelsmann group, the owner of television channel RTL Klub, on February 24, Prime Minister’s Office leader János Lázár announced on state radio on Tuesday morning.
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...