Tag: parliament

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... 

The law amendment proposals related to infringement proceedings launched against Hungary by the European Commission can be submitted to Parliament in the second half of March, said János Lázár, head of... 

The European Parliament will draw up a report on whether EU laws and values are respected in Hungary, it has decided on Thursday. Further to this report, it will then decide whether to activate EU Treaty... 

Hungary’s Prime Minister Viktor Orbán has on Monday urged lawmakers to ratify The European Union’s new fiscal pact. He said the country’s accession is not obstructed anymore now that... 

The newly elected President of the European Parliament, Martin Schulz, said Hungary’s Prime Minister is a bold man for he announced his speech in the EP to the press even before he was granted the... 

Hungary's Prime Minister Viktor Orbán sent a polite but negative response to President of the European Commission José Manuel Barroso, the PM said in an interview with Hír TV. "I let him know" In... 

Barely a month after a Moody's downgrade, Standard & Poor's have followed suit, moving Hungary from the lowest investment grade to junk category. Analysts believe a Fitch downgrade may be in store early... 

The Hungarian Parliament's Economic Committee submitted its final proposed modifications to the 2012 Budget Act on Monday, a few hours before the vote. The amendments are designed to mend a HUF 320 billion... 

A new proposed amendment to the draft of Hungary's new Central Bank Act will be submitted to Parliament today, Chairman Antal Rogán of Parliament's Economic Committee said on Monday. The amendment takes... 

All but one of the European Union’s 27 member states have agreed after a marathon all-night talk to join forces under a new treaty and with more rigorous fiscal rules they will try to solve the euro... 

Hungarian lawmakers approved legislation late on Monday that includes tax hikes already in 2011 and new levies to be imposed in 2012. The raise to excise taxes is part of the measures aimed at filling...