Coronavirus – Finance Ministry: Special Bank and Retail Tax to Add 91 Billion Forints to Anti-virus Funds Two government decrees levying extraordinary taxes on banks and on big retail businesses published on Tuesday are expected to raise... 2020.04.15.
Coronavirus: One-off Banking Sector Tax Deductible from Bank Levy, says Finance Minister A one-off tax on the banking sector that will bolster Hungary's pandemic war chest can be deducted in full from... 2020.04.09.
High Budget Deficit in March due to Coronavirus Measures Hungary's cash flow-based budget deficit, excluding local councils, reached 831.9 billion forints (EUR 2.3bn) at the end of March, swelling... 2020.04.08.
Coronavirus: Hungary Revises 2020 Deficit Target to 2.9% of GDP Hungary now targets its 2020 budget deficit, calculated according to the European Union's accrual-based accounting standards, at 2.9 percent of... 2020.04.02.
Coronavirus: Gov’t Expects 3.7% Economy Growth or Possibly See Negative Growth Hungary's tourism and hospitality sectors are expected to be hit severely by the new coronavirus outbreak, Finance Minister Mihály Varga... 2020.03.11.
Budget Deficit 69% of Full-year Target Hungary's cash flow-based budget, excluding local councils, ran a 254.6 billion forint (EUR 757.1m) deficit at the end of February,... 2020.03.09.
EU Court: Tax on Google Lawful While Hungarian Penalty System Is Not The system of penalties relating to the Hungarian tax on advertising is not compatible with EU law, the Luxembourg-based Court... 2020.03.04.
Hungary’s Sectoral Taxes Compatible with EU Law, says EU Court Hungarian special taxes on the turnover of telecommunications and retail companies were compatible with EU law, the Luxembourg court said... 2020.03.03.
EC: Hungary’s Growth Rate among Highest in EU Hungary has recently experienced strong economic expansion with one of the highest GDP growth rates in the European Union, the... 2020.02.27.
Hungary 2019 GDP Growth Exceeds Expectations Hungary's GDP rose by an annual 4.5 percent in the fourth quarter of 2019, the Central Statistical Office (KSH) said... 2020.02.14.
Socialists Call on Gov’t to Intervene on Behalf of Weak Forint The government and the central bank should take measures to protect Hungary's weakening currency, MSZP (Socialists) deputy leader László Szakács... 2020.02.03.
Budget Deficit Runs 122% of 2019 Full-year Target Hungary's cash flow-based budget, excluding local councils, ran a 1,219 billion forint deficit at the end of December, the Finance... 2020.01.10.
Hungarian GDP in 2020: Here are the Predictions The growth of the Hungarian economy reached its peak in 2019. According to several economic predictions, the growth rate is... 2020.01.03.
Finance Minister: New Economic Measures to Come into Effect This Year New measures as part of the action plan to protect the economy, alongside targeted tax cuts, will come into effect... 2020.01.02.
Ministry: Govt to Draw Up 2nd Economy Protection Action Plan Next Year Given the slowdown of the European Union's economy and the risks to global economic growth, the Finance Ministry will draw... 2019.12.30.
Finance Ministry: Full-year Deficit Target ‘Achievable’ The Finance Ministry said the full-year deficit target of 1.8 percent of GDP, calculated according to the EU's accrual-based accounting... 2019.12.20.
11-month Budget Deficit at 76.7 percent of Full-year Target Hungary's cash flow-based budget, excluding local councils, ran a 766.3 billion forint (EUR 2.3bn) deficit at the end of November,... 2019.12.09.
More than 115,000 Pensioners Rejoin Labour Force More than 115,000 Hungarian pensioners have rejoined the workforce, up from around 75,000 at the end of last year, Finance... 2019.11.11.
Budget Deficit 58 percent of Full-year Target in October Hungary's cash flow-based budget deficit, excluding local councils, amounted to 575.4 billion forints (1.7bn) at the end of October, reaching... 2019.11.08.
From the Economic Success of Today to the Challenges of the Future – Hungary At First ‘Site’ Conference The Hungarian economy is improving at a reassuring rate, as a result of the policies of the past years—speakers expressed... 2019.10.24.
Budget Shortfall 30.4 pc / Full Year Target after Sept Surplus Hungary's cash flow-based budget, excluding local councils, ran a 303.6 billion forint deficit at the end of September, 30.4 percent... 2019.10.22.
