Despite recent rumors, Revolut is not moving out of Hungary. However, Revolut’s Hungarian HUF bank account is being cancelled as of 1 April 2022, which is most relevant for employers…
Tag: Analysis
How a conflict between Ukraine and Russia can affect business in Europe
Currently, tension is growing on the border of Ukraine and Russia. Whether or not it will develop into a military confrontation, the situation is likely to affect economy in Europe…
Price cap for basic foods introduced in Hungary for three months
Last updated on 30 June 2023. Because of the soaring inflation, Hungary has announced the introduction of a price cap for a handful of basic foods. The price control will…
Green taxation trends in Europe boosting the economy
How to boost the economy during recession, like the one caused by the COVID-19 pandemic? Scandinavian countries have found a recipe that has let them remodel their economy: green taxation.
AI and automation in accounting
Automation in accounting, just in any other fields, aims at removing simple and repetitive tasks from the workload of specialists, so they can focus on tasks that require more expertise…