Tag: mihaly_varga

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Hungary to re-negotiate Paks 2 contract with Russia

June 18, 2019, 9:10 am
Hungarian Finance Minister Mihály Varga is holding talks in Moscow to amend the financing contract of the Paks 2 nuclear power plan between Russia and Hungary, atv.hu reported citing high-ranking government... 

Hungary's advertisement tax appears to be scrapped for good in 2020

June 17, 2019, 11:45 am
We’ve already learned from Hungary’s Finance Minister Mihály Varga that the government will suspend the collection of the advertisement tax between 2020 and 2022, but the latest budget outlook... 

Is the forint too strong? Go on holiday in Hungary, FinMin recommends

June 6, 2019, 8:57 am
Hungary’s Finance Minister Mihály Varga has made a clever/odd/cynical (make your pick) remark about the relationship between the EUR/HUF exchange rate and going abroad for your vacation. The point... 

This is how you will pay taxes in Hungary next year

June 5, 2019, 5:26 pm
At the same time as the government submitted its 2020 budget bill on Wednesday, it also introduced next year's tax legislation package. Below is a summary of the most important changes. 05/06/2019 11:47amHungary... 

Hungary presents 2020 pension plans

June 5, 2019, 10:36 am
The government has submitted the draft of the 2020 budget, which reveals what pensioners can expect in general next year. Portfolio has calculated how much more money the average pensioner could get next... 

Hungary FinMin presents 2020 budget bill, sets three key goals

June 4, 2019, 2:20 pm
Hungary’s Finance Minister Mihály Varga has submitted the 2020 budget bill to the Speaker of the General Assembly on Tuesday. This is why the deficit target was lowered - 14:29 Answering a question... 

Hungary to extend new housing support to renovations as well

May 31, 2019, 11:16 am
As part of the government's economic action package announced on Thursday, a VAT refund of up to HUF 5 million may be applied for in small settlements for building, expansion and renewal of family homes.... 

What is the Hungarian government's new action plan good for?

May 30, 2019, 3:32 pm
Hungary’s Finance Minister Mihály Varga has announced new measures the government plans to put in place in scope of its economic protection action plan. The 13+1 points revealed on Thursday are aimed... 

Hungary tables 13+1 point action plan

May 30, 2019, 12:23 pm
Hungary’s Finance Minister Mihály Varga has announced an action plan of several new measures on Thursday, including a simplification of the tax regime and the abolishment of the advertisement tax.... 

Hungary confirms introduction of retirement bond in autumn

May 30, 2019, 12:00 pm
There will be a new retirement savings instrument in Hungary, Finance Minister Mihály Varga confirmed on Thursday. The Hungarian government plans to introduce retirement bonds this autumn, timed to not... 

Hungary's FinMin urges test run of instant payment system

May 22, 2019, 1:12 pm
An interview with Hungary’s Finance Minister Mihály Varga suggests that the Finance Ministry’s opinion about the launch of the instant payment system planned for 1 July that - as it happened... 

Hungary FinMin hints at major tax reduction plans

May 22, 2019, 11:25 am
Hungary’s Finance Minister Mihály Varga has addressed the cabinet’s long-term tax plans in an interview published by business daily Világgazdaság on Wednesday. He noted that although they would... 

Hungary reports 2nd best budget balance for April

May 9, 2019, 2:34 pm
Hungary’s general government posted a surplus of 102.9 billion in April, the Finance Ministry presented its preliminary figures on Thursday. The surplus was larger than this only once before. ... 

Euro adoption not on Hungary's agenda - FinMin

May 3, 2019, 1:26 pm
On Friday, Finance Minister Mihály Varga has presented Hungary’s updated Convergence Programme submitted to the European Commission a few days ago. At a press conference, he stressed several times... 

Hungary's Finance Minister to show us the next five years

May 2, 2019, 1:24 pm
Hungary’s Finance Minister Mihály Varga is to publish the updated Convergence Programme submitted to Brussels earlier this week on Friday morning. Portfolio will report live from the event. Under... 

Hungary to issue new retail government security - Varga

April 3, 2019, 1:55 pm
Hungary’s Finance Minister Mihály Varga has confirmed reports from earlier today, announcing that there is indeed going to be a new retail government security introduced, with interest we have not... 

Hungary FinMin proposal on transaction tax to be shelved

March 28, 2019, 10:14 am
A proposal by Hungary’s Finance Ministry to introduce a bundle deal for the financial transaction tax on retail money transfers will be swept off the table. The measure, however, would have resulted... 

Hungarian SMEs to receive 5 billion forints to create jobs

March 19, 2019, 5:05 pm
Hungary’s Finance Ministry is announcing a tender with a five billion forint budget to support the job-creating investments of micro, small and medium-sized companies, Finance Minister Mihály Varga... 

Here's Orbán's big plan to help Hungary catch up with Austria

February 27, 2019, 12:19 pm
It does not happen very often that the Prime Minister, the central bank (MNB) Governor, and the Finance Minister give each other the floor at an event. Yet, that is happening at the annual opening conference... 

Hungary's Orbán to hold key address today

February 27, 2019, 8:53 am
Following a years-long tradition, Hungary’s Prime Minister Viktor Orbán will address the annual opening ceremony of the Hungarian Chamber of Commerce and Industry (MKIK) on Tuesday. MKIK President... 
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