• Coronavirus in Hungary
  • Budapest
  • Hungary border control
  • HelloMagyar
EnglishFrenchGermanSpanish
EnglishFrenchGermanSpanish
Government: Europe facing serious economic challengesGovernment: Europe facing serious economic challengesGovernment: Europe facing serious economic challengesGovernment: Europe facing serious economic challenges
  • Politics
  • Business
  • Society
  • Sport
  • Culture
  • Special Hungary
  • News To Go
  • World
  • Contact Us
  • About us
  • About us
  • Contact Us
  • Privacy Policy
✕
Breaking News
  • VIDEO, PHOTOS: Popular Budapest pool consumed in flames

Support us
DNH 2021 DNH 2021 · 03/07/2022
· Politics

Government: Europe facing serious economic challenges

European Union Hungarian economy Hungarian government Hungary

Europe is facing serious economic challenges due to the war in Ukraine and the community’s sanctions against Russia, the foreign minister said on Facebook on Saturday.

Péter Szijjártó added that “an environment of war inflation is likely to stay for the long run”. In this situation, increasing the tax burden on productive companies would further deteriorate Europe’s competitiveness and jeopardise “tens of thousands of jobs”, he said. The Hungarian government, therefore, opposes the introduction of a global minimum tax in Europe, he said, and insisted that such a measure would result in one of the highest tax hikes in Hungary.

Szijjártó dismissed recent remarks by the French finance minister suggesting that Hungary had been motivated by something else to oppose the minimum tax, and said

“we don’t usually mix up things of different kinds and respectfully ask our French friends not to do so either”.

Paks nuclear power plant
Read also Construction works at Paks nuclear plant expected to start this fall

European Union Hungarian economy Hungarian government Hungary
Share
DNH 2021
DNH 2021

Leave a Reply

Your email address will not be published. Required fields are marked *

SUPPORT US

Subscribe to our newsletter

Sign up to receive daily updates, news & stories about Hungary!

Select your location below or enter your country so we can deliver our morning newsletters to you in time.


Thank you!

You have successfully joined our subscriber list.


.

Latest news
  • German ministers try to block Hungary’s nuclear power plant expansion, says minister
  • PHOTOS: Centuries-old crypts found under a Hungarian church
  • Kazakhstan, Hungary launch joint venture capital fund
  • S+P downgraded Hungary but the minister is positive about getting all EU money soon
  • VIDEO, PHOTOS: Popular Budapest pool consumed in flames
  • Mayor: Government treats Budapest unjust
  • World-famous Hungarian honey in danger!
  • Ukraine outraged: Orbán said behind closed doors that they would lose the war

About us

Contact us

Copyright rules

© 2023 DailyNewsHungary. All rights reserved! | Server and development by Svigelj Levente E.V