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Hungary to hike telecom tax

2013-06-18 08:49:00| Telecompaper Headlines

(Telecompaper) Hungary's government will increase the telecommunication tax as part of a budget-tightening plan aimed at avoiding penalties from the EU, writes local publication Portfolio.hu. EU finance ministers are likely to endorse the European Commission's recommendation to not open an excessive deficit procedure against Hungary. The EC made this recommendation at the end of May, while announcing the reopening of the EDP for Malta. Other measures announced by Hungary's government include the doubling of the financial transaction tax and the increase of the mining fee. Introduced in Hungary for fixed and mobile voice and mobile SMS/MMS services from 1 July 2012, the telecom tax will be increased to HUF 3 per minute and per SMS/MMS, and the cap for businesses will be doubled to HUF 5,000.

Tags: tax hungary telecom hike

 

Duke Energy rate hike to average 5 percent

2013-06-18 06:30:57| Energy - Topix.net

Duke Energy Corp. is releasing more details about its deal with North Carolina's official consumer advocate to raise electricity rates for customers in the state's central and western regions.

Tags: rate average energy percent

 
 

UPS Freight announces 5.9% rate hike

2013-06-03 14:59:19| Air Courier - Topix.net

UPS Freight , a unit of United Parcel Service Inc. , has announced a 5.9 percent rate increase for non-contractual shipments in the United States, Canada and Mexico.

Tags: rate ups announces freight

 

Power hike a $250m jolt for sugar industry

2013-06-03 08:30:27| Sugar Industry News

A TOTAL of $250 million could be sucked out of the Bundaberg region's economy in the wake of a 20% electricity price rise for irrigators.

Tags: power industry sugar hike

 

Cooper to appeal Progress Energy rate hike

2013-05-31 23:41:04| Energy - Topix.net

North Carolina's Attorney General Roy Cooper said Friday he would challenge an electricity rate increase taking effect Saturday that will cost the average home an extra $88 a year.

Tags: rate energy progress appeal

 

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