Tag: matolcsy

Hungary’s Economy Minister György Matolcsy has submitted bills on new taxes to Parliament. As expected, the transaction tax will not burden interbank deals, but everyday transactions such as cash... 

(Updates with new info, Portfolio.hu viewpoint) Hungary’s government has on Wednesday approved the new tax measures that are included in the Széll Kálmán Plan 2.0, i.e. the telecom tax, the financial... 

Hungary’s Economy Minister György Matolcsy is going to hold a press conference on Wednesday afternoon about the government’s new tax plans related to the Széll Kálmán Plan 2.0, the recent update... 

Hungary’s Economy Minister György Matolcsy may meet First Deputy Managing Director David Lipton on Saturday in Washington, local weekly HVG reported. The ministry confirmed the plan, but said Matolcsy’s... 

Hungary’s Economy Minister György Matolcsy has submitted the latest amendment proposals to the Central Bank Act and the first modification of the basic law to Parliament. The bill fails to take into... 

Hungary’s government may be reshuffled within two weeks, local news portal origo.hu reported on Tuesday. This would bring about the departure of two ministers and the appointment of two state secretaries... 

According to different press reports, Hungary’s government is up to something...it is apparently nurturing some “interesting" (scary) tax plans. A new financial transaction tax would be slapped... 

Hungary’s National Economy Ministry expects further HUF 40 billion worth of spending cuts from the ministries on top of the HUF 30 bn savings package it ordered in February, local news portal origo.hu... 

Hungary’s current plans do not include raising the top VAT rate to 30% from 27% currently, the National Economy Ministry has clarified György Matolcsy’s column in a local weekly published today.... 

While Hungary would like to have five different value-added tax rates, 5%, 15%, 20%, 25% and 30%, the European Union would not let it, Economy Minister György Matolcsy said in an article titled ‘What... 

The Hungarian government does not wish to expand the central bank’s (NBH) Monetary Council and appoint a third Deputy Governor while the current Governor, András Simor, leads the Bank, the cabinet... 

Hungary’s Economy Minister György Matolcsy has written a letter to European Commission Vice-President Olli Rehn on the results of the 2012 Spring EDP Notification that has been submitted to Eurostat... 

(Adds portfolio.hu viewpoint, chart) Hungary will need to stuff the massive holes where money is gushing out of the country, said Economy Minister György Matolcsy in an article published in local weekly... 

‘The European Commission is wrong again’, at least according to the headline of a statement released by Hungary’s National Economy Ministry, in which it reacts to the Interim Forecast... 

The biggest conflict in the bailout talks between Hungary and the International Monetary Fund (IMF) could be expected on the subject of the flat-tax system, at least this is what the latest remarks indicate.... 

Hungary’s Economy Minister György Matolcsy is presently at an extraordinary hearing before Parliament’s budget committee. He addressed the 2011 budget and acknowledged that there are serious... 

“Hungary must make progress in several key areas, such as the independence of the central bank, financial institutions, crisis taxes, budget and taxation," shows a summary by Economy Minister György... 

The European Commission’s main problem with Hungary is not so much about the much-criticised new Central Bank Act but the government’s endeavors to influence monetary policy, a document obtained... 

Hungary’s Economy Minister György Matolcsy has no credibility either in Hungary or abroad therefore Prime Minister Viktor Orbán should rid of him, said György Kopits, former President of the (former)... 

The Hungarian economy is in a much better shape than how the credit rating agencies described it and an economic policy turnaround has already been started by the government, said Zsigmond Járai, the recently...