News tagged with: multinationals

DK Calls for Strategic Agreements with SMEs

The opposition Democratic Coalition (DK), if it enters government next year, plans to sign strategic cooperation agreements with SMEs instead...

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Biden’s Ambition of Global Corporate Tax May End ‘Tax Haven’ in Hungary

Over many decades, global companies have perfected the art of tax evasion to the fullest extent possible. It seems that...

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Fidesz Spends Far More On Hungary’s Corporations Than Previous Governments

The government has been actively providing funding for large domestic and multinational corporations in return for the creation of jobs...

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Socialists: Govt ‘Supports Multinationals Instead of Protecting Jobs’

The opposition Socialists (MSZP) believe the government is "throwing free money" at multinational companies instead of defending workplaces under threat...

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Szijjártó: Investments by Swedish-owned Companies to Save 7,500 Jobs

A combined investment of 5.8 billion forints (EUR 16.3m) by three Swedish-owned multinationals at their bases in Hungary will save...

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Hungarian Press Roundup: Row over Rule of Law Conditionality Rumbles on

Commentators on Left and Right ponder the broader implications of the EU’s rule of law conditionality. Most importantly, they try...

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Fin Min: Current EU Proposal on Global Minimum Tax Rate Would be Harmful to Hungary

Hungary rejects any kind of international tax regime that would hinder fair tax competition, Finance Minister Mihály Varga said after...

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Gov’t Grants HUF 43 Billion to Large Companies in First Half of 2020

The Hungarian government granted more than HUF 43 billion of non-refundable support for 14 large companies in the first half...

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Ruling Party’s Majority Votes in Controversial ‘Special Economic Zone’ Implementation

The Fidesz-KDNP majority voted in the implementation of 'special economic zones,' following a similarly-themed government decree, which in reference to...

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New National Consultation Questions Published by Gov’t

The government has published thirteen questions to be put to the Hungarian public in the National Consultation in connection with...

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Coronavirus: Gov’t Almost Triples Investment Funding for Large Companies in 2020

The Hungarian government is raising its total investment funding for large companies from 15 billion forints by 25 billion to...

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Coronavirus – Finance Minister: Hungary to Plough 20% of GDP into Protection Efforts

Hungary is ploughing 20 percent of its GDP into protection efforts against the novel coronavirus, Finance Minister Mihály Varga said...

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Coronavirus: Jobbik Dismisses Gov’t Measures as Ineffective

The opposition Jobbik party on Tuesday slammed the government's economic measures in connection with the novel coronavirus epidemic calling it...

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Coronavirus: Opposition Calls for Further Measures Following PM Orbán’s Announcement

In reaction to Prime Minister Viktor Orbán's announcement of measures to battle the economic impact of the novel coronavirus, Hungarian...

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Coronavirus: Half of Companies in Hungary Contingency Planning

Half of the 9,000 companies that have responded so far to a survey by the Hungarian Chamber of Commerce and...

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Coronavirus: Socialists Call for Measures Helping Employees, SMEs, Families

The Socialist party (MSZP) on Monday called for measures helping employees, SMEs, pensioners and families in the face of the...

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LMP Urges Gov’t to Support Local SMEs instead of Multinationals

The opposition LMP party on Monday called for measures that would "create balance" in the Hungarian economy by giving more...

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Opposition Parties Shocked by Weakening Forint, Urge Measures

Opposition Jobbik will propose a parliamentary resolution to get the central bank set a currency exchange rate target in addition...

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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...

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Socialists: Fidesz ‘Siding with Multinationals’ on Employee Rights

MSZP (Socialists) said on Tuesday that by rejecting an opposition bill on regulating relations in the workplace between management and employees,...

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EP Elections: LMP for Europe of People, not Multinationals

Opposition LMP wants to build a Europe of people to replace the Europe of multinational companies, party co-leader Márta Demeter...

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