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Hungary Taxation News is an EIN News Service for political professionals. Constantly updated news and information about Hungary EU Politics.
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Latest Hungary Taxation News

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  • Hungary faces persistently low inflation, slow recovery - c.bank 25 Nov 2009 11:16 GMT
    ... intentions in check for a long term, Hungary should expect a persistently low inflationary environment, ... compared with previous experience." "Following the indirect tax raises in July the ensuing increases in ... the quarters ahead as well, inhibiting the Hungarian economy's recovery from the recession." Consistent with ...

  • Hungarian cbank warns of higher 2010 budget deficit 25 Nov 2009 11:35 GMT
    ... BUDAPEST, Nov 25 (Reuters) - Hungary's central bank (NBH) said on Wednesday the ... earlier expected. It also said personal income tax revenues could undershoot targets. The deficit goal ... and based on the NBH's forecast, the Hungarian economy can be financed without net external ...

  • Hungary needs to boost low growth potential - Király 25 Nov 2009 11:35 GMT
    ... Hungary's biggest "risk point" is its low growth ... the central European region and narrow the income-tax wedge," she said. The country remains "vulnerable" ... would reduce the interest-rate premium demanded for Hungarian assets, making non-forint borrowing less attractive. ...

  • Rough road lies ahead of Hungary if it wants to meet deficit targets - c.bank 25 Nov 2009 12:54 GMT
    ... Without further temporary spending reduction measures Hungary's public sector deficit is likely to overshoot ... NBH's forecast pertaining to the personal income tax revenues is lower than the appropriation featured ...

  • Coalition fights real estate development in Budapest's Jewish quarter 25 Nov 2009 15:16 GMT
    ... As he nursed a palinka, a traditional Hungarian brandy, Ladanyi gazed admiringly at the vibrant ... fraction of their prewar levels. But in Hungary, which still boasts one of the largest ... he asserts it must be supplemented by tax incentives and other inducements for developers to ...

  • ANALYSIS-Romania election shows fragile support for reforms 25 Nov 2009 10:15 GMT
    ... By Justyna Pawlak BUCHAREST, Nov 25 (Reuters) - After ... party, the Liberals (PNL), and the ethnic Hungarian grouping UDMR. The alliance would enjoy the ... Genoa's PSD, the Liberals want to cut taxes next year, a move likely to be ...

  • National Bank sees fiscal gap at 4% of GDP in '09, higher in '10 25 Nov 2009 11:16 GMT
    ... higher in '10 The National Bank of Hungary (NBH) expects Hungary's government deficit according to ESA ... effective. Furthermore, NBH forecast lower personal income tax revenues than the appropriation featured in the ...

  • Chief of I.M.F. Urges Continued Stimulus Efforts 25 Nov 2009 00:10 GMT
    ... like aid for banks and automakers and tax breaks for consumers. The I.M.F.'s position contrasts ... transactions. Meanwhile, the announcement last week by Hungary that it would forgo the next installment of ...

  • Quick Hits / Federer's win clinches his fifth year-end No. 1 25 Nov 2009 06:32 GMT
    ... Games in Austria, Belgium, Bosnia, Croatia, Germany, Hungary, Slovenia, Switzerland and Turkey are believed to have ... France. The attorneys also asked for joint tax returns and mail addressed to Brian France. ...

  • Financial: Hungarian Economy To Contract 6.6% In 2009: Danske Research 24 Nov 2009 08:53 GMT
    ... FinancialHungarian Economy To Contract 6.6% In 2009: Danske ... that a hike in the Value Added Tax in July will slow the recovery of ...

  • Hungary c.bank should do more for growth-opposition 24 Nov 2009 11:33 GMT
    ... BUDAPEST, Nov 24 (Reuters) - Hungary's central bank should take more responsibility for ... education, child care, and another part on tax cuts,' he said. Matolcsy added that Hungarian ownership of the banking sector should rise ...

  • Retail sales fall at yearly 7.3% in September 24 Nov 2009 07:55 GMT
    ... 7.3% in September Retail sales volume in Hungary continued to fall at a sharp calendar year-adjusted ... followed a 5pc-point increase in the main VAT rate which took effect on July 1. ...

  • California Scheming 24 Nov 2009 22:46 GMT
    ... minority in the state legislature to raise taxes of any kind has forced $30 billion ... increasing privatization--in Austria, Canada, France, Germany, Greece, Hungary, Israel, South Africa, Spain and the United ...

  • I.M.F. Chief Warns Against 'Premature Exit' From Stimulus Programs 24 Nov 2009 20:50 GMT
    ... aid for banks and auto makers and tax breaks for consumers. The I.M.F.'s current position ... transactions. Meanwhile, the announcement last week by Hungary that it would forgo the next installment of ...

  • UPDATE 1-Romania leftist bets on govt plans ahead of election 24 Nov 2009 16:51 GMT
    ... BUCHAREST, Nov 24 (Reuters) - Romania's leftist leader ... minister. A small parliament grouping of ethnic Hungarians has also pledged support for Johannis. "We ... Reuters. Macroeconomic stories, OECD reports Fiscal policy, taxes, budgets Indicators Political news ...


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