Sponsored
Article Tools

Hungarian Central Bank Against Bank Taxes

Published: September 14, 2012; 17:20 · (Vindobona)

According to the governor of Hungary´s Central Bank, the bank taxes are causing the lending freeze.

Hungarian Central Bank Against Bank Taxes / Picture: © Hungarian Central Bank

Andras Simor, governor of the Hungarian Central Bank, the bank taxes harm the Hungarian economy. Simor appealed on the government not to treat the banking system as a burden for the economy.

The bank taxes were introduced in 2010. Next year, the bank tax should reach about 0.5% of Hungary´s GDP. The current Hungarian bank tax should be replaced by a financial transaction tax…

This article includes a total of 229 words.

or Log In