63 result(s) for austerity budget
Closing Of Australian Embassy In Budapest Will Not Impact Excellent Bilateral Relations
- 15 May 2013 9:01 AM
- current affairs
Australia will close its embassy in Budapest as part of budget cuts for foreign affairs, Australian media reported on Monday, citing the AAP news agency. The reaction of the Hungarian Ministry of Foreign Affairs was that bilateral relations would be maintained at the currently excellent level. The Australian Government is expected to announce austerity measures worth billions of dollars to reduce ...
Xpat Opinion: 'End The Excessive Deficit Procedure', By Ferenc Kumin
- 7 May 2013 9:00 AM
- business
Presenting the EU Commission’s spring economic forecast on Friday, Olli Rehn, the EU Commissioner for Economic and Monetary Affairs and the Euro, announced that three countries – Romania, Lithuania and Latvia – are on track to exit the excessive deficit procedure (EDP), but that Hungary and Italy would need to do more to trim the budget deficit below three percent of GDP in 2013 and 2014.
Hearing Of Candidate For New Governor Of Hungary's Central Bank On Friday
- 28 Feb 2013 8:00 AM
- current affairs
The Parliament Budgetary and Economic Committee will interview the Prime Minister's candidate to head the National Bank of Hungary on Friday afternoon, Prime Minister Viktor Orbán said on commercial news channel HírTV.
Hungary's PM Met President Of The European Commission
- 1 Feb 2013 8:01 AM
- current affairs
Prime Minister Viktor Orbán met with President of the European Commission José Manuel Barroso on Wednesday in Brussels. After the meeting, the Hungarian Prime Minister stated that for Hungary it is a moral issue, rather than a political or economic one, that the excessive deficit procedure launched against the country since it joined the EU is ended.
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Xpat Opinion: Hungary - IMF Agreement Delayed Again
- 22 Nov 2012 8:02 AM
- current affairs
A leading pro-government columnist says that while Hungary does not need an IMF loan, negotiations should continue next year.
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Closing Of Australian Embassy In Budapest Will Not Impact Excellent Bilateral Relations
- 15 May 2013 9:01 AM
- current affairs
Australia will close its embassy in Budapest as part of budget cuts for foreign affairs, Australian media reported on Monday, citing the AAP news agency. The reaction of the Hungarian Ministry of Foreign Affairs was that bilateral relations would be maintained at the currently excellent level. The Australian Government is expected to announce austerity measures worth billions of dollars to reduce ...
Xpat Opinion: 'End The Excessive Deficit Procedure', By Ferenc Kumin
- 7 May 2013 9:00 AM
- business
Presenting the EU Commission’s spring economic forecast on Friday, Olli Rehn, the EU Commissioner for Economic and Monetary Affairs and the Euro, announced that three countries – Romania, Lithuania and Latvia – are on track to exit the excessive deficit procedure (EDP), but that Hungary and Italy would need to do more to trim the budget deficit below three percent of GDP in 2013 and 2014.
Hearing Of Candidate For New Governor Of Hungary's Central Bank On Friday
- 28 Feb 2013 8:00 AM
- current affairs
The Parliament Budgetary and Economic Committee will interview the Prime Minister's candidate to head the National Bank of Hungary on Friday afternoon, Prime Minister Viktor Orbán said on commercial news channel HírTV.
Hungary's PM Met President Of The European Commission
- 1 Feb 2013 8:01 AM
- current affairs
Prime Minister Viktor Orbán met with President of the European Commission José Manuel Barroso on Wednesday in Brussels. After the meeting, the Hungarian Prime Minister stated that for Hungary it is a moral issue, rather than a political or economic one, that the excessive deficit procedure launched against the country since it joined the EU is ended.
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Xpat Opinion: Hungary - IMF Agreement Delayed Again
- 22 Nov 2012 8:02 AM
- current affairs
A leading pro-government columnist says that while Hungary does not need an IMF loan, negotiations should continue next year.
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...