economy

24/02/2021

Eleven-year record: Hungary adds 28,208 housing units in 2020

"Lawmakers have approved a two-year reduction in the home construction VAT rate from 27 percent to 5 percent"
24/02/2021

Hungary became the only member state in the EU to tax international digital corporations

"Tech giants cannot shirk Hungarian regulations and will have to pay taxes" #hungary #google
23/02/2021

Hungary central bank keeps rates on hold

"If warranted by a change in the outlook for inflation, the [#NBH] will be ready to use the appropriate instruments,"
23/02/2021

Hungrian FM Szijjártó calls on EU to back Egypt unconditionally

"It is worth calculating what loss Europe would suffer if the #migration route via #Egypt were not closed"
23/02/2021

European Trade Union Confederation launches campaign for European minimum wage

Campaign for European minimum wage:
22/02/2021

Are number of Hungarians living in poverty plummets?

The Orbán government denies that two million Hungarians living under the breadline:
22/02/2021

Reimagining diplomacy in the post-COVID World: an Indian perspective

"Real globalization is more about pandemics, climate change and terrorism."
22/02/2021

Hungary continues to draw investments, says finance minister

"hungary's corporate tax is the lowest in the EU and tax cuts continued during the pandemic" - Minister Varga
22/02/2021

Unprecedented developments planned in Hungary’s food industry, says official

"Hungarian producers would get every opportunity to catch up with the most developed European competitors"
19/02/2021

Did you hear that the government wants to replace all foreign food stores?

However, #statistics show that they are more effective than their #Hungarian competitors. #Hungary #dailynewshungary #food #agriculture #money #economy #government
18/02/2021

Eight Hungarian companies to get EUR 36m support for investments abroad

Gyurcsány's former minister János Kóka will also receive part of the EUR 36m state support ?
17/02/2021

Hungarian government to meet all local municipality representative bodies

"Local municipalities with less than 25,000 residents would get fully compensated for the loss in revenues"
17/02/2021

Unity key to V4’s success, says Orbán in Krakow

???????? V4 PM meeting in Krakow, Poland
17/02/2021

Hungary public debt rises to 81 pc / GDP

Hungary debt rose from 65.5 percent at the end of 2019
16/02/2021

Russian billionaires among Hungary’s wealthiest top10

???? "In other words, the Rahimkulov brothers are one of the biggest owners of Hungary’s two biggest companies, OTP and Mol." #Hungary #Mol #OTP #business
16/02/2021

Hungary GDP down 5.1 pc yr/yr in 2020

The Q4 figure was a "huge surprise, exceeding the most optimistic forecasts".
16/02/2021

Budapest mayor Karácsony: Govt in ‘sham’ talks over recovery funds

"The fate of millions of Hungarian citizens could be sacrificed in Orbán's political game" - Mayor Karácsony
15/02/2021

Budapest pays more tax than govt support received, says Mayor Karácsony

"We are fulfilling numerous public tasks without any state support and we are paying extra to the government" #Budapest Mayor #Karácsony
15/02/2021

Orbán: Hungary to have 3.5 m more vaccinations than similar sized EU countries by end-May – UPDATE

"Hungary to have 3.5 m more vaccinations than similar sized EU countries by end-May"
15/02/2021

Construction output edges 0.3 pc lower in Dec, contracts 9.1 pc for full year

Output of Hungary's construction sector edged down 0.3 percent year-on-year in December