Hungary govt to scrap "crisis" taxes from 2014, introduce new taxes this year, says econmin

Hungary's government will eliminate the banking tax and other sectoral "crisis" taxes in 2014, Gyorgy Matolcsy, the economy minister, said on Wednesday. From 2013, the tax for banks will be halved and from 2014 completely eliminated, Matolcsy said. Government spokesman Andras Giro-Szasz said the government had adopted new tax measures contained in its updated Szell Kalman Plan 2.0, including a tax on telephone charges, financial transactions and home and car insurance.