Budget deficit 122 pc / 2019 FY target, Finance Ministry confirms

Hungary's cash flow-based budget, excluding local councils, ran a 1,219 billion forint deficit (EUR...

Hungary gets a boost in EU Court spat over tobacco tax suspension

In a recent conversation, an Adviser to the EU Bloc's Top Court said that Hungary should win its...

Minister: Hungary economy among strongest in EU

The Hungarian economy is again poised for a strong year, Finance Minister Mihály Varga said in an...

Migration not needed for successful economic policy, says Foreign Minister

The policies pursued by Hungary over the past ten years have demonstrated that migration is not a...

Hungary support of SMEs outstanding in international comparison, says government

The Hungarian government supports SMEs through tax cuts and from budgetary and European Union resources,...

Hungarian government discussing expansion of income tax relief to women with 3 children

The government is discussing the possibility of expanding an exemption from the personal income tax to...

Happy New Year! – What changes can be expected for 2020?

We hope that our dear readers welcome 2020 full of energy and cheerfulness, leaving all the depressing feelings behind. The 2010s are over,...

Official: Strong economy facilitates further tax cuts

Hungary's "strong economy, increasing employment and wages" ensure higher budget revenues, which, in...

Orbán cabinet prioritises security, growth and family support in 2020

The government will continue to prioritise security, preserving economic growth and family support in...

Tax burden to decrease further in Hungary?

The government has managed to simultaneously reduce the tax burden while increasing revenues this year,...