OKSZ: the government does not expect significant improvement in the economy
According to Vámos György, the Secretary General of the National Trade Association; the fact that the government counts on additional taxation even in 2014 indicates, that the cabinet re-evaluated the prospects for the Hungarian market and no longer believes, that the economy could improve significantly in the near future.
He added, the participants of the industry had hoped that the extra taxes – paid with a rapid pace – will be some kind of investments and the future turnover expansion, thanks to the government measures, will compensate the losses of the companies. Moreover, they also hoped, that in the case of a fast improvement, extra taxes will not be needed in 2013 in the sector. These hopes, however, now seem to be fade away – reports Népszabadság Online.
Related news
Related news
In June, the annual decline in producer prices slowed down in Germany
In Germany, producer prices fell by 1.6 percent year-on-year in…
Read more >Rural accommodations closed a stronger half year than last year
The momentum of tourism in 2023 will continue to make…
Read more >Munch is now available in every Auchan store
From the beginning of May you can get the three…
Read more >