Ministry of Finance

Mihály Varga

Minister of Finance

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International Investors are supporting the Hungarian government’s green program

Ministry of Finance, June 3, 2020 2:45 PM

“Hungary is the first country in the European Union to have issued a green bond” Minister of Finance Mihály Varga announced in a video posted to his Facebook page.

The new mobile app developed by the National Tax and Customs Administration could put an end to the era of paper invoices

Ministry of Finance, June 3, 2020 9:48 AM

Beginning on 1 July, the National Tax and Customs Administration (NTCA) will see the invoice data of all transactions realised between over one million enterprises.

Wage support programme now protects 137,000 persons’ jobs

Ministry of Finance, May 29, 2020 2:47 PM

The wage support programme is now protecting the jobs of as many as 137,000 persons, the Minister of State for Employment Policy at the Ministry for Innovation and Technology said at the online press conference of the Operational Group responsible for the containment of the coronavirus epidemic held on Friday.

Hungarian Finance Minister submits economy protection budget to Parliament

Ministry of Finance, May 26, 2020 2:07 PM

“Next year’s budget is the budget of economy protection, which while maintaining the level of epidemiological preparedness also provides support for families raising children, protecting pensioners, and maintaining security”, Minister of Finance Mihály Varga declared when submitting the budget bill.

Two thousand billion forints to remain with members of the public and businesses

Ministry of Finance, May 25, 2020 2:13 PM

Thanks to the debt repayment moratorium, in 2020 two thousand billion forints worth of excess funds will remain with members of the public and businesses, the Parliamentary State Secretary of the Ministry of Finance said at the Monday online press conference of the Operational Group responsible for the containment of the coronavirus epidemic.

Government adopted economy protection measures in good time

Ministry of Finance, May 22, 2020 2:17 PM

The government adopted its economy protection measures in good time, the Minister of State for Taxation at the Ministry of Finance said at the Friday online press conference of the Operational Group responsible for the containment of the coronavirus epidemic.

The rate of unemployment in Hungary will be lower than in the European Union

Ministry of Finance, May 21, 2020 10:14 AM

This year, the European Commission will not be examining member states’ deviation from the system of budgetary regulations, it states amongst others in the working document of the 2020 country specific report and recommendations on Hungary published by the Commission within the framework of the European Semester.

Rapid and efficient measures are also required with relation to EU crisis management

Ministry of Finance, May 20, 2020 9:41 AM

“The coronavirus pandemic has drastically changed the European Union’s economic prospects, and accordingly it is in the common interests of all EU member states for rapid and equitable measures to also be introduced at EU level”, Minister of Finance Mihály Varga declared during a videoconference of EU economy ministers on Tuesday.

Taxes and administrative burdens are being reduced also during state of danger

Ministry of Finance, May 15, 2020 6:18 PM

Not even the coronavirus is able to “override” the government’s fiscal policy pursued since 2010; also during the state of danger, taxes and administrative burdens are being reduced, the Minister of State for Taxation at the Ministry of Finance stated at the Friday online press conference of the Operational Group responsible for the containment of the coronavirus epidemic.

Domestic businesses can count on government’s support

Ministry of Finance, May 5, 2020 3:09 PM

In addition to protecting human lives, the government has adopted a number of measures to alleviate the economic losses caused by the coronavirus epidemic and to save local jobs, Finance Minister Mihály Varga said after he visited the plant of Szamos Marcipán Kft. that resumed operations on Monday, according to the communication of the Ministry of Finance.