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Gov't could cut payroll tax for unskilled workers

Thursday 05:30, March 8th, 2012

"We are working on the 2013 central budget, including simplifying the taxation of the SME sector," deputy state secretary said.Read more

Home sales climb almost 50% on early FX mortgage repayments

Thursday 04:40, March 8th, 2012

The number of homes sold in Hungary reached almost 50% more than in the same month a year earlier.Read more

State debt is obstacle to growth, says rate-setter

Thursday 04:25, March 8th, 2012

Hungary requires an economic turnaround if it wants to become capable of achieving its 1.5% annual GDP growth potential for a prolonged period, Jólia Király said. Read more

MÁV-START passenger numbers rise for first time in ten years

Thursday 03:55, March 8th, 2012

The number of paying passengers rose 5.8%Read more

Commission approves extension of Hungarian liquidity scheme for banks

Thursday 12:50, March 8th, 2012

The Commission concluded that the scheme represents an appropriate means of remedying a serious disturbance in the Hungarian economy and is compatible with the Treaty.Read more

Hungary sees IMF-EU agreement as soon as possible

Thursday 12:45, March 8th, 2012

Matters of dispute with the European Commission, that have to be cleared up to start negotiations with the IMF, are of political nature, Tamás Fellegi said.Read more

Govt aims to raise number of working taxpayers to 5.5 mln

Thursday 12:40, March 8th, 2012

Only 3.8 million Hungarians worked in 2010, Prime Minister said.Read more

Hungary gen govt deficit reaches almost 50% of full-year target in Jan-Feb

Wednesday 05:15, March 7th, 2012

The January-February deficit was little more than half of the respective 2011 shortfall in nominal terms, but was up in proportion to the full-year deficit.Read more

Association for re-establishing a natl carrier initiates talks with gov't

Wednesday 04:45, March 7th, 2012

The National Development Ministry said it was gauging the conditions necessary for the establishment of a new Budapest-based national airline.Read more

Economy ministry confirms gov't informed EC of fiscal adjustments

Wednesday 04:05, March 7th, 2012

The ministry's response came after that the Commission announced that it adopted a recommendation for European Union finance ministers to ask Hungary "to take steps to correct its excessive deficit in a sustainable and credible manner by 2012".Read more