11 result(s) for austerity measures in Business
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Hungary Rejects EC Economic Policy Advice
- 29 Jun 2015 9:00 AM
- business
Hungary cannot accept two of the European Commission’s country-specific economic policy recommendations, Prime Minister Viktor Orbán said. One of these are the comments on its fostered work programme and the other is in connection with planned budget adjustments, Orbán said after an EU summit in Brussels. The European Council has declared the recommendations “generally acceptable”, which means ...
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.
“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.
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.
Exports Lower In December In Hungary
- 16 Feb 2012 8:00 AM
- business
"Exports were down 0.9% year-on-year in December, in euro terms, while imports went up 0.1%, according to preliminary data from the Central Statistics Office. The trade surplus fell to €352.1 million from €413.6 million one year earlier.
CNBC On Hungary's "Economic Freedom War"
- 9 Aug 2010 3:00 AM
- business
"Comments by Hungary’s government officials have been "very mixed" about the deficit targets, Peter Attard Montalto, analyst at Nomura in London, told CNBC on Friday, adding that the issue is fundamentally about the cabinet’s attitude to international lenders and austerity. He said the government’s current approach is fine for now, but the markets will "bite eventually".
Hungary Forint Switches Into Higher Gear In The Afternoon
- 21 Jul 2010 2:00 AM
- business
"Hungary’s forint, which has dipped to a 14-month low versus the euro on Monday, appears to be stabilising versus the euro in early trade on Tuesday. EUR/HUF approached 292 yesterday but has returned to sub-290 levels by now.
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Hungary Rejects EC Economic Policy Advice
- 29 Jun 2015 9:00 AM
- business
Hungary cannot accept two of the European Commission’s country-specific economic policy recommendations, Prime Minister Viktor Orbán said. One of these are the comments on its fostered work programme and the other is in connection with planned budget adjustments, Orbán said after an EU summit in Brussels. The European Council has declared the recommendations “generally acceptable”, which means ...
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.
“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.
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.
Exports Lower In December In Hungary
- 16 Feb 2012 8:00 AM
- business
"Exports were down 0.9% year-on-year in December, in euro terms, while imports went up 0.1%, according to preliminary data from the Central Statistics Office. The trade surplus fell to €352.1 million from €413.6 million one year earlier.
CNBC On Hungary's "Economic Freedom War"
- 9 Aug 2010 3:00 AM
- business
"Comments by Hungary’s government officials have been "very mixed" about the deficit targets, Peter Attard Montalto, analyst at Nomura in London, told CNBC on Friday, adding that the issue is fundamentally about the cabinet’s attitude to international lenders and austerity. He said the government’s current approach is fine for now, but the markets will "bite eventually".
Hungary Forint Switches Into Higher Gear In The Afternoon
- 21 Jul 2010 2:00 AM
- business
"Hungary’s forint, which has dipped to a 14-month low versus the euro on Monday, appears to be stabilising versus the euro in early trade on Tuesday. EUR/HUF approached 292 yesterday but has returned to sub-290 levels by now.
Hungary Stands Out In The European Union
- 28 May 2010 1:00 AM
- business
"The European Union has broken up into four or five well-definable groups with respect to the health of their economy and the fiscal policy they had chosen to adopt in a bid to remain standing amidst the strong winds of the crisis. Hungary is not in any of these.