Gambling tax could be set to rise in Hungary as part of a measure to fill a HUF100bn gap (approx $483.5m) in this year's central budget resulting from slower-than-expected growth.
The country’s Prime Minister, Viktor Orban, will hold discussions next week concerning "further home-protection steps" aimed at dividing burdens between banks and borrowers. Orban has said he regards a three to four per cent state debt reduction is "feasible for the moment."
Excise duty on cigarettes and spirits is also likely to increase as part of the government’s plan to raise taxes on items not connected to everyday necessities, while halting every expenditure that could be postponed by one or two years.
More details to follow.
