The fact that Hungary will adopt the global minimum tax does not mean that taxes will increase, according to Tibor Navracsics.Continue reading
The agreements reached regarding EU funds are consistent with Hungarian interests, according to the prime minister’s political director.
Hungary will keep its word on both the Recovery Fund and the agreement on the use of EU funds, Prime Minister Viktor Orbán’s political director told journalists at the EU summit in Brussels on Thursday. According to Balázs Orbán, both agreements are in Hungary’s national interest. The government expects the relevant treaties to be signed before the end of the year, as agreed, he added.
Hungary’s reached a deal on EU funding w/ Brussels, and we are adhering to our commitments. As a result, we have accomplished the objectives we set in the summer.
Now it’s Brussels’ & the other m/s’ turn to come to an agreement.
This is what I stressed on national TV in Brussels. pic.twitter.com/Y6VKssYFzH
— Balázs Orbán (@BalazsOrban_HU) December 15, 2022
Balázs Orbán said that the Hungarian government considered the global minimum tax a “job killer” measure that would raise taxes, and therefore opposed its adoption. However, Hungary managed to get an exemption and does not have to raise taxes, as the Hungarian business tax is included in the global minimum tax, he explained.
Regarding the 18 billion euros in aid for Ukraine, he said that Hungary did not think it was right for the European Union to go into debt. In the end, he said that a compromise solution was found to provide aid to Ukraine using EU funds already paid in and not used for other purposes. This is in line with the Hungarian position, Balázs Orbán stressed.
Featured photo via Facebook/Orbán Viktor