63 result(s) for austerity budget
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
“Hungarian Public Life Corrupt To The Core”
- 26 Sep 2014 1:00 AM
- business
Economists Péter Róna and Lajos Bokros discussed corruption and Hungary’s economic policy mistakes of the last 25 years at an event organised by Politics Can Be Different (LMP) in Újbuda on Wednesday.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Parliament Approves Hungary’s 2014 Budget
- 18 Dec 2013 8:00 AM
- current affairs
Parliament has approved Hungary’s budget for 2014 with a deficit of a 2.9% of GDP. Economy Minister Mihály Varga said on submitting the bill that the 2014 budget was based on the assumption of 2% economic growth and 2.4% inflation.
No New Austerity And No Higher Taxes Next Year In Hungary
- 26 Sep 2013 9:00 AM
- current affairs
The 2014 budget will be tight, but there will be no new austerity measures or tax hikes in the document, Economy Minister Mihály Varga declared yesterday. VAT on meat will be lowered next year, he said, without specifying what the new level will be. VAT is currently 27% on meat.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
Hungary Exits EU Excessive Deficit Procedure
- 24 Jun 2013 1:00 AM
- current affairs
Left-wing columnists fear further austerity measures. A pro-government pundit notes that although the excessive deficit procedure has been lifted, the government should not expect an end to criticism from the EU. A conservative commentator, on the other hand, hopes that Fidesz will call a truce with the EU.
State Auditor’s “Honest” Report Proves Fidesz Austerity, Say Socialists
- 9 Feb 2015 12:00 AM
- business
The State Audit Office’s (ÁSZ) recently published report covering 2007-2013 proves the Fidesz government and the prime minister implemented austerity while claiming otherwise, a lawmaker of the opposition Socialists said.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
“Hungarian Public Life Corrupt To The Core”
- 26 Sep 2014 1:00 AM
- business
Economists Péter Róna and Lajos Bokros discussed corruption and Hungary’s economic policy mistakes of the last 25 years at an event organised by Politics Can Be Different (LMP) in Újbuda on Wednesday.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Parliament Approves Hungary’s 2014 Budget
- 18 Dec 2013 8:00 AM
- current affairs
Parliament has approved Hungary’s budget for 2014 with a deficit of a 2.9% of GDP. Economy Minister Mihály Varga said on submitting the bill that the 2014 budget was based on the assumption of 2% economic growth and 2.4% inflation.
No New Austerity And No Higher Taxes Next Year In Hungary
- 26 Sep 2013 9:00 AM
- current affairs
The 2014 budget will be tight, but there will be no new austerity measures or tax hikes in the document, Economy Minister Mihály Varga declared yesterday. VAT on meat will be lowered next year, he said, without specifying what the new level will be. VAT is currently 27% on meat.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
Hungary Exits EU Excessive Deficit Procedure
- 24 Jun 2013 1:00 AM
- current affairs
Left-wing columnists fear further austerity measures. A pro-government pundit notes that although the excessive deficit procedure has been lifted, the government should not expect an end to criticism from the EU. A conservative commentator, on the other hand, hopes that Fidesz will call a truce with the EU.