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hvg.hu English version

Socialist Gov’t To Tax Capital Gains

The Hungarian government is planning to introduce a 4% tax on incomes from capital gains, dividends, forex gains, property sales and
All proceeds from the new health tax will go to the National Health Fund. The upper annual limit of
... government expects the move to bring an extra revenue of HUF 10 billion for the state budget. As of Jan. 1, 2006
... the National Health Fund covering the health taxes of the unemployed. The amount of

hvg.hu English version

Property Boom Comes To Halt

Real estate consultants forecast price of residential properties to rise 2% in the case of newly built homes and 1% in the
... cite a sudden fall in demand and a saturated market as reasons behind the halt in residential property
are also seen as posting relatively low gains at 4% for new warehouses and 2% for used ones. Price increase of building plots is expected to be
... highest at 6%. Real estate developers and consultants in Q1 2005 were generally skeptical of the market, due to a fall of demand and a
... estate market. Thanks to a spectacular growth in the real estate market, which lasted until the beginning of 2004, a

hvg.hu English version

PM Announces Social Spending

Prime Minister Ferenc Gyurcsány on Monday announced plans to double the amount of child raising benefits as a part of the
24,000 and families with three children can expect HUF 42,000 a month as benefit from the state. The new measures will
... 2006 the government plans to spend a total of HUF 349 billion on supporting families, of which HUF 319 billion will be spent on paying
..., increased child raising benefits, up from HUF 312 billion currently being spent. About 90% of Hungarian families will receive twice as much in

hvg.hu English version

Central Bank Cuts Prime Rate

The National Bank of Hungary (MNB) cut its prime interest rate 25 basis points to 7.25% on Monday. At the same time
The MNB’s Monetary Council cut the prime interest rate four times prior to Monday’s cut. In January it lowered
... 9%, in February by 75 basis points to 8.25%, in March by 50 basis points to 7.75% and in April by 25 basis points to 7.5%. The central
... forecasts lower rate of annual inflation than previously. It lowered its annual inflation forecast at the end of the year

hvg.hu English version

Blue Chips Produce Smaller Profits

Hungary’s listed companies posted modest results in Q1 2005, with the growth of their profits and revenues slowing. While oil and gas
.... remained the strongest performer on the market, market leader OTP Bank Rt. lagged behind in
Companies listed on the Budapest Stock Exchange (BÉT) made a total of HUF 1,067 billion in revenues, 10% up from a year ago and HUF 155
... profits in Q1, 16.5% up from Q1 in 2004. A total of 13 companies managed to increase their revenues by a larger extent than the rate of
... the strongest players on the market. MOL mostly profited from high crude oil prices and growing margins at refineries

hvg.hu English version

Hungarian Economy Seen Slowing

Hungary’s gross domestic production (GDP) grew 3% in the first quarter of 2005, compared to the same period last year
Hungary’s Ecostat Economic Analyses Institute published growth figures based on the calculation methodology used by Eurostat
... office, for the first time. The new methodology allows for publishing figures about 15 days earlier than in
... warns its figures might be 0.2 percentage point off the final numbers. Regardless of the methodology, the

hvg.hu English version

Italy To Contest EU Ruling On Tokaji

The European Court last Thursday decided in favor of Hungary in a long lasting dispute over the use of tokaji, tocai and
..., banning Italian winemakers from using the tocai name. Italian Agriculture Minister Gianni Alemanno announced he plans to come to
“Italy has a few more aces,” Alemanno said over the weekend in Rome, implying that Italy does not give up the fight for
... name for some of its wines. Italian winemakers started legal proceedings after Hungary made a “wine treaty” with the EU in 1993
... Italian tocai name cannot be used after 2007. In its ruling last week the European Court said Tokaj is a geographic area in Hungary

Világ

Bizonyíték Zentai Károly ellen

Charles Zentai (Zentai Károly) ellen, olyan, amely megalapozhatja Magyarországra történő kiadatását - írta szombaton a The Weekend
nyomán terelődött a gyanú az Ausztráliában élő magyar férfira, "kiemelkedő jelentőségűnek" nevezte a bizonyítékot - írta a The
... idején hatalmi helyzetben voltak, és olyanok, akik ki voltak nekik szolgáltatva. A The Weekend Australian - felvázolva a

hvg.hu English version

Hungary To Host Entertainment City

The northwest Hungarian village of Bezenye is the likely premise for a, €700 million entertainment project, which is
The gigantic entertainment project was started by Austrian construction tycoon Hans Asamer, who owns the 330 hectare area
... kilometers from the Austrian and Slovakian borders of Hungary. The Hungarian government has issued a building permit for
...-Vegas in the Hungarian press, as it is expected to create 8,000 new jobs in the region. In the meantime

hvg.hu English version

PM Promises Small Reforms In Healthcare

As part of the government’s “100 steps” program, Prime Minister Ferenc Gyurcsány on Monday announced plans to rejuvenate Hungary’s
In his speech at Parliament on Monday, Gyurcsány unveiled 21 new points of the government’s “100 steps” program. He said in four areas
... significant changes within months, while the program includes reforms that will take longer than this government’s term, which ends in
... the country’s geographic area. Gyurcsány aims to extend the service to cover 90% of the country, with plans

hvg.hu English version

Central Bank Pushes For Reforms

Hungary should carry out fundamental reforms in order to become eligible for introducing the euro in 2010, Zsigmond Járai, President of
According to Járai, the current account deficit is likely to reach 8%–9% of GDP this year, mainly due to the public sector
... added that inflation has been falling in the latest months, which shows a favorable trend. Inflation targets for 2005 and 2006 can be
.... The MNB expects inflation to drop to 3.4%–3.5% this year. “On the long run, stable and strong economic growth is

MTI Világ

A grúz államfő új Jaltát akar

Új jaltai konferenciát javasol Mihail Szaakasvili grúz államfő az új európai demokráciák részvételével a szabadság kiterjesztése céljából a
céljából, amely lejáratja az értékeket és ártatlanokat dönt rabszolgasorsba. Jaltát a remény jelképévé tesszük - húzta alá a grúz államfő a

MTI Világ

Saját frakciója bírná távozásra Tony Blairt?

A The Sunday Times által megkérdezett száz munkáspárti képviselő közül "legalább harminc" azt akarja, hogy Tony Blair egy éven belül
már a nyáron lemond - írta Labour-forrásokat idézve a The Sunday Times.  A vezető vasárnapi brit lap szerint a kormánypárti
... és Oroszország (G8) júliusi skóciai csúcstalálkozóján, vagy a Munkáspárt ősszel esedékes éves kongresszusán bejelentheti lemondását. A

hvg.hu English version

Matáv Changes Name For Telekom

Hungary’s market leading telecom company Matáv Rt. and its subsidiaries will change their names and logos in the first half of May to
The local group of telecom companies will be called Magyar Telekom Rt., while the residential and business phone units
... Holding Rt. The re-branding campaign will not include origo.hu, the popular news portal operated by ISP Axelero.
... group started last year, when leading mobile phone provider Westel Mobile Telecommunications Rt. changed its name to T-Mobile Hungary Rt

hvg.hu English version

Gov’t Hits Waiters, Builders In Cleanup Drive

conditions for building permits, according to the government’s latest proposal aiming to eliminate unreported incomes and
The government suggests that restaurants should add a service fee of up to 15% to their bills so that tips can be accounted for
... tips could become subject to personal income tax. Restaurants will be entitled to decide about the exact size of the fee.
..., one out of three people works illegally, which results in a HUF 100 billion loss for the state budget, Prime Minister Ferenc Gyurcsány

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Nagy Márton húsvét előtt fejet cserélt a hadiipari beszerzéseknél

Nagy Márton húsvét előtt fejet cserélt a hadiipari beszerzéseknél

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Minden eddiginél jobban pörög a magyar használtautó-piac

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Csak minden 700. autó ténylegesen kínai márka Németországban

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Elárvult a világ – írta Karácsony Gergely a pápa halálára, egy idő után Orbán Viktor is posztolt

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Várkonyi Andrea boldog: felnőttkorba lépett Mészáros Lőrinc mostohalánya

Várkonyi Andrea boldog: felnőttkorba lépett Mészáros Lőrinc mostohalánya

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