Hungary's Finance Ministry

12/12/2024

Hungarian finance minister: AI opens new era in taxation

Artificial intelligence will usher in a new era in taxation, Finance Minister Mihály Varga said at the Tax Administration European Union Summit (TADEUS) in Budapest on Thursday. #taxation #EU #EC #finance
09/12/2024

Hungarian government achieves fiscal balance stabilization this year

"The government has stabilised the fiscal balance this year while closely following the development of the deficit"
09/12/2024

Euronews: European Commission critiques Hungary’s fiscal plans for lacking crucial details

Hungary’s fiscal strategy has drawn sharp criticism from the European Commission for lacking crucial details and relying on questionable data. #EC #EU #government #economy #inflation #EUsanctions
27/11/2024

Hungary’s 2025 budget aims for sustainable growth and increased support for families, businesses, and security

The government's 2025 budget bill adopts a new economic policy that lays the foundations for lasting growth, Finance Minister Mihály Varga said. #finance #budget #economy
19/11/2024

Finance Minister Varga flags continued tax relief

Finance Minister Mihály Varga said tax relief was set to continue next year at a conference organised by the National Tax and Customs Authority (NAV) on Tuesday. #tax #government #financeminister
19/11/2024

Orbán cabinet: Improving competitiveness cornerstone of Hungary’s EU presidency

The Hungarian presidency of the Council of the European Union will continue to make every effort to improve competitiveness, in addition to the results achieved so far with regard to that priority, Finance Minister Mihály Varga said. #EUpresidency #ministryoffinance #EU #competitiveness
18/11/2024

Hungarian Finance Minister Varga to report on Hungary’s EU presidency to EP committee

Finance Minister Mihály Varga will report on the results of Hungary's presidency of the Council of the European Union at a meeting of the Committee on Economic and Monetary Affairs of the European Parliament on Monday. #EP #EUpresidency #EU
18/11/2024

Orbán cabinet: 2025 budget to strengthen families, businesses

Next year's "new economic policy" budget is based on a policy of economic neutrality, Finance Minister Mihály Varga said in an interview with public radio broadcast on Sunday. #budget #finance #economy #family #business
11/11/2024

Only once in 22 years has the October general government deficit been bigger than now

In October, the central sub-system of the general government accumulated a deficit of almost 1 billion euros, the second highest deficit in the last 10 months in decades:
28/10/2024

PM Orbán to hold talks in Georgia

Prime Minister Viktor Orbán will pay an official visit to Georgia on October 28-29. #government #PMOrbán #Georgia
24/10/2024

Hungarian finance minister calls for bigger role of development banks in crisis management at G20 meeting

Finance Minister Mihály Varga said international development banks needed to play a bigger role in managing crises. #developmentbank #finance #money #g20
08/10/2024

The EU cannot keep up with China and the US, says Minister Nagy in Geneva

"Not only has the EU failed to take steps to address the matter, but..." #WorldEconomicForum (#WEF)
23/09/2024

Hungary aims to reduce deficit with new fiscal measures, reports finance ministry

Hungarian government remained committed to improving balance indicators, read details HERE:
13/09/2024

ECOFIN meeting kicks off in Budapest, key priority for sll EU countries

ECOFIN in Hungary: EU economy and finance ministers in Budapest
11/09/2024

Finance Ministry: Hungarian government respects pensioners

Hungary's government respects pensioners and is standing by its pledge to raise pensions, even in wartime, the Finance Ministry said. #government #pensioners #retirement
09/09/2024

Did Orbán accidentally reveal the new Governor of the National Bank of Hungary?

Viktor Orbán hinted at significant changes to Hungary's economic governance. #economy #finance #MNB #bank
02/09/2024

Will the Budapest meeting of eurozone finance ministers be boycotted?

"The Hungarian position is that there is no room for ideological and political debates in this work; we must work together on the challenges facing the EU" – states the Hungarian Finance Minister. #meeting #EU #eurozone #EUpresidency
31/08/2024

Former adviser to Hungary’s Finance Minister wanted internationally, refuses to face trial in Hungary

The former adviser to Hungary's Finance Minister allegedly provided confidential information on his motherland to the United States and IMF in the past. #spy #espionage #crime #politics #US
30/07/2024

Central Statistics Office: Hungary GDP up 1.5 pc in Q2

Mihály Varga, the finance minister, said that the Hungarian economy continued to expand, and "growth prospects give cause for optimism". #finance #GDP #Hungarianeconomy #economy
27/07/2024

Hungarian finance minister: EU supports G20 financial targets

The European Union supports the G20's roadmap for enhancing cross-border payments, Mihály Varga said. #EuropeanUnion #G20 #finance