Hungarian official visiting Bucharest: Bank taxation decision is fair and normal

Vineri, 18 iunie 2010, 13:50 English | Business

The Hungarian Government has decided to apply major taxes on banks because they have reported huge earnings for the recent period and it was fair and normal that they contribute to overcoming the current difficulties, Hungary deputy PM Semjen Zsolt said following a meeting with his counterpart in the Romanian government Marko Bela in Bucharest on Friday.

He said as quoted by Romanian news agency Agerpres that the moves in this regard did not mean the government was against banks, but it had found that banks had registered huge earnings, which meant it was fair and normal that banks contribute to overcoming the difficulties was going through.

Marko Bela avoided to say whether a similar move would be applied in Romania as well, but said that such solutions were suggested to the Romanian Government for analysis.