VAT reduction may continue next year

The general debate of the 2017 annual budget bill began in the parliament on Wednesday. Varga Mihály Minister of National Economy said in connection with next year's budget that he hopes that the reduction of VAT rates will continue after 2017.

The general debate on next year's budget will be carried out on Wednesday and on Thursday in the National Assembly. The representatives will have 30 hours to assess the government's proposal. (MTI, portfolio.hu)