RTL Group

The controversy over the tax has been rumbling on since June 2014, when the Hungarian parliament passed a law levying a progressive tax on advertising revenues of all media companies, including newspapers, magazines, radio stations, TV stations and billboard companies.

Pavel Stanchev is appointed CEO of Hungary's most watched television channel - TV2, Hungarian media reported. The Bulgarian was presented to the team in the middle of last week and will take up the post on May 15 this year.