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Majority of tax-related points of Economy Protection Action Plan are already in effect

Ministry of Finance, October 5, 2019 5:00 PM

Four of the Economy Protection Action Plan’s seven points have already taken effect. The reduction of the rate of the small business tax (kiva) and the VAT on hotel and accommodation services will alleviate the burdens of businesses from 1 January 2020. Rules relating to the simplification of taxation, too, will enter into force, with the proviso that the Ministry of Finance will start assisting businesses affected by the phasing out of the simplified tax of businesses with the changeover already from the end of September, Minister of State for Tax Affairs Norbert Izer told the Hungarian news agency MTI.

Agricultural ministers of Visegrád Cooperation had talks in Prague

Ministry of Agriculture, October 5, 2019 4:00 PM

The future development of the Common Agricultural Policy and forestry issues were the main topics of the Prague meeting of the agricultural ministers of the Visegrád Cooperation, plus representatives of Bulgaria, Croatia, Slovenia and Romania, which was also attended by the representative of Finland currently holding the EU presidency.

We must reckon with serious consequences of migration in the long run

Government, October 4, 2019 10:26 PM

We must also reckon with the serious political and security consequences of migration in the long run, the Chief Security Advisor to the Prime Minister said on the Friday evening programme of the public service television news channel M1.

Hungarian enterprises are the soul of the economy

Ministry of Foreign Affairs and Trade, October 4, 2019 8:55 PM

“The Hungarian economy is small, but extremely open, and accordingly international corporations are paying a major role in its improving performance, but it is Hungarian enterprises that are the soul of the economy”, Minister of Foreign Affairs and Trade Péter Szijjártó said at the inauguration of Kovács Ltd.’s new plant in Mezőkövesd on Friday.

The rights of Hungarians cannot be reduced even following Brexit

Ministry of Foreign Affairs and Trade, October 3, 2019 8:00 PM

“The rights of Hungarians living in the United Kingdom cannot be reduced even following the termination of Britain’s EU membership (Brexit)”, Minister of Foreign Affairs and Trade Péter Szijjártó said on Thursday in London prior to talks with several high-ranking members of the British government, including Foreign Secretary Dominic Raab and Brexit Minister Steve Barclay.
In a statement to Hungarian news agency MTI, Mr. Szijjártó declared: “Hungary’s goal is to preserve the validity of our previous agreement stating that the rights of citizens must be mutually respected, irrespective of the form Brexit takes and irrespective of whether they live in the European Union or in Great Britain”.

Budapest and Belgrade will be enjoying huge tourism cooperation opportunities

Government, October 3, 2019 3:04 PM

“Budapest and Belgrade will soon be enjoying huge cooperation opportunities from the perspective of tourism”, Deputy Prime Minister Zsolt Semjén said at the LORIST Tourism, Fishing, Hunting and Sports Equipment EXPO in Novi Sad, Serbia on Thursday.

Montenegro and Serbia should join the EU before 2025

Ministry of Foreign Affairs and Trade, October 3, 2019 1:59 PM

“The European Union should admit Montenegro and Serbia before 2025; both countries are essentially ready for accession, which is also in the interests of the EU”, Minister of Foreign Affairs and Trade Péter Szijjártó emphasised at the Warsaw Security Forum in the Polish capital on Wednesday.

Prime Minister Viktor Orbán had talks with former Spanish Prime Minister

The Prime Minister, October 2, 2019 8:50 PM

On Wednesday evening in the Carmelite Monastary in Budapest, Prime Minister Viktor Orbán had talks with former Spanish Prime Minister José María Aznar, Bertalan Havasi, the Prime Minister’s press chief informed the Hungarian news agency MTI.

The Foreign Ministry has already managed two hundred sport diplomacy projects since last summer

Ministry of Foreign Affairs and Trade, October 2, 2019 8:00 PM

“The relative department of the Ministry of Foreign Affairs and Trade has already managed two hundred sport diplomacy projects since last summer”, the Ministry’s State Secretary for Information and the International Representation of Hungary Tamás Menczer said at the opening of the University of Physical Education’s third Sport and Innovation conference.

New university science park to be created in Budapest

Ministry for Innovation and Technology, October 2, 2019 6:00 PM

One of the eight university science parks in Hungary will be created at the Budapest University of Technology and Economics, Minister for Innovation and Technology László Palkovics announced on Wednesday in Budapest.