• 01 May 2024

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38 result(s) for power in Finance

Romania Overtakes Hungary in Per Capita GDP

Romania Overtakes Hungary in Per Capita GDP

Romania’s per capita GDP (measured in purchasing power parity) reached 78% of the EU average in 2023, ahead of Hungary’s 76%, Portfolio writes, citing preliminary data from Eurostat.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Integrity Authority Proposes Reforming Asset Declarations in Hungary

Integrity Authority Proposes Reforming Asset Declarations in Hungary

The Integrity Authority has reviewed Hungary’s asset declaration system and concluded that it is not fit for purpose, the authority’s head said on Thursday, adding that the authority has proposed reforms to increase efficacy.
Romania Overtakes Hungary in GDP Per Capita

Romania Overtakes Hungary in GDP Per Capita

Romania’s per capita GDP, calculated at purchasing power parity, stood at 76.7% of the EU average in 2022, surpassing the 76.6% figure for Hungary, according to final figures released by Eurostat on Thursday.
'Too Little': Opposition in Hungary Slams Draft 2024 Budget

'Too Little': Opposition in Hungary Slams Draft 2024 Budget

The opposition Democratic Coalition (DK) on Tuesday slammed the draft budget for 2024 as “without thought … the budget of idleness”, during the bill’s debate in parliament.
OECD Lowers Forecast for Hungary's GDP to Zero

OECD Lowers Forecast for Hungary's GDP to Zero

The OECD lowered its forecast of Hungary’s GDP in 2023 to 0.0% in its biannual Economic Outlook published.
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.
Romania Overtakes Hungary in Per Capita GDP

Romania Overtakes Hungary in Per Capita GDP

Romania’s per capita GDP (measured in purchasing power parity) reached 78% of the EU average in 2023, ahead of Hungary’s 76%, Portfolio writes, citing preliminary data from Eurostat.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Integrity Authority Proposes Reforming Asset Declarations in Hungary

Integrity Authority Proposes Reforming Asset Declarations in Hungary

The Integrity Authority has reviewed Hungary’s asset declaration system and concluded that it is not fit for purpose, the authority’s head said on Thursday, adding that the authority has proposed reforms to increase efficacy.
Romania Overtakes Hungary in GDP Per Capita

Romania Overtakes Hungary in GDP Per Capita

Romania’s per capita GDP, calculated at purchasing power parity, stood at 76.7% of the EU average in 2022, surpassing the 76.6% figure for Hungary, according to final figures released by Eurostat on Thursday.
'Too Little': Opposition in Hungary Slams Draft 2024 Budget

'Too Little': Opposition in Hungary Slams Draft 2024 Budget

The opposition Democratic Coalition (DK) on Tuesday slammed the draft budget for 2024 as “without thought … the budget of idleness”, during the bill’s debate in parliament.
OECD Lowers Forecast for Hungary's GDP to Zero

OECD Lowers Forecast for Hungary's GDP to Zero

The OECD lowered its forecast of Hungary’s GDP in 2023 to 0.0% in its biannual Economic Outlook published.
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.