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The threshold for VAT exemption of small enterprises could be raised to HUF 12 million of annual revenues per year

Ministry of Finance, November 9, 2017 3:26 PM

The threshold of VAT exemption may be raised from the current HUF 4 million annually to HUF 12 million next year, Minister for National Economy Mihály Varga told public news agency MTI.

Viktor Orbán holds talks with European Commission’s Vice-President for a Digital Single Market

The Prime Minister, November 9, 2017 2:20 PM

EC Commissioner for a Digital Single Market Andrus Ansip praised Hungary’s programmes aimed at major digital developments at a meeting with Prime Minister Viktor Orbán in the Parliament Building on Thursday morning, the Deputy State Secretary heading the Press Office of the Prime Minister, Bertalan Havasi told the kormany.hu government news portal.

Hungary may attract more investment from Far-East Asia

Ministry of Finance, November 9, 2017 1:53 PM

Hungary has been a highly attractive destination for investors thanks, besides the 9 percent corporate income tax rate, to the country’s safety, Minister for National Economy Mihály Varga said after he had received Vice Minister of the Liaison Office of the Central People's Government in the Hong Kong Qiu Hong. At the talks, the Minister emphasised that the country offered, among other factors, a single-digit corporate income tax rate, reduced payroll taxes, improving business environment and an economic growth rate that exceeded the EU average.

Scattered Hungarian communities had never before manifested such loyalty

Prime Minister’s Office, November 9, 2017 1:30 PM

Scattered Hungarian communities had never before enjoyed as much attention and support as they have this year and in the past few years, and scattered Hungarian communities themselves had never before manifested such unity and loyalty, Deputy Prime Minister Zsolt Semjén stressed at the 7th plenary session of the Hungarian Diaspora Council.

Hungary may actively participate in efforts to develop Europe’s digital economy

Ministry of Finance, November 9, 2017 1:27 PM

Hungary is aiming to become a leader and determinant of Europe’s digitalization campaign through active participation in EU-funded projects fostering the development of intelligent automotive manufacturing, e-mobility and e-banking solutions, Minister for National Economy Mihály Varga said after he met with EU Commissioner for Digital Single Market Andrus Ansip.

The states of the region do not want to change

Cabinet Office of the Prime Minister, November 9, 2017 12:36 PM

“The Czech Republic, Poland and Slovakia agree with Hungary that ‘these countries must not change’ and want to continue living in this same cultural environment without parallel societies”, Minister of State for Government Communication Bence Tuzson said on Hungarian M1 television’s Thursday morning current affairs program.

Deputy State Secretary Kristóf Altusz holds talks in Spain

Ministry of Foreign Affairs and Trade, November 9, 2017 12:35 PM

The Ministry of Foreign Affairs and Trade’s Deputy State Secretary for European and American Relations Kristóf Altusz was on a working visit to Madrid on 7-8 November, where he attended a roundtable discussion of Visegrád Group (V4) deputy state secretaries organised within the framework of the Hungarian presidency of the V4.

International Law from a Visegrád Perspective

Ministry of Foreign Affairs and Trade, November 9, 2017 11:38 AM

Hungary’s Embassy in The Hague organised a panel discussion entitled “International law from a Visegrád perspective” in cooperation with The Hague Institute for Global Justice research institute. The discussion was moderated by Dr. Réka Varga, head of the Ministry of Foreign Affairs and Trade’s Directorate of International Law. The event, in which the diplomatic body in The Hague and some 130 people from international courts and research institutes took part, was organised within the framework of the Hungarian presidency of the Visegrád Group (V4). During the panel discussion, recognised judges from the Visegrád Group countries shared their views with regard to their countries’ legal traditions and the ways in which those traditions are effected by international law, in addition to which they discussed how domestic court experience influences their work in the international courts and tribunals operating in The Hague.

Thousands of ISIS fighters could try to return to Europe

Government, November 9, 2017 11:21 AM

“Thousands of the Islamic State’s fighters with EU citizenship, ten thousand according to certain estimates, could attempt to return to Europe after losing their livelihoods”, Chief Security Advisor to the Prime Minister György Bakondi said on Hungarian M1 television’s Thursday morning current affairs program.

The European Parliament is defending George Soros and the Soros plan

Cabinet Office of the Prime Minister, November 9, 2017 11:20 AM

The European Parliament is defending George Soros and the Soros plan. The same European Parliament that recently voted to accelerate the resettlement quota programme.