59 result(s) for austerity plan
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 ...
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 Opposition Parties Mixed On Shelved Internet Tax
- 31 Oct 2014 3:00 AM
- current affairs
The radical nationalist Jobbik party’s deputy leader Előd Novák said his party was partly to thank for the government “backing off” on the internet tax. Novák said the government should instead make plans for introducing a basic internet service available free of charge in order to make telecommuting and electronic administration accessible to those who cannot afford Hungary’s internet fees, ...
Xpat Opinion: The Hungarian Socialists At A Crossroads
- 17 Oct 2014 9:00 AM
- current affairs
While Fidesz and the Orbán government are busy hatching their latest plans to further restructure the Hungarian state and Hungarian society we cannot do more than wait for the day, which should come soon, when we find out what kind of austerity program will be introduced. There is no use talking about, for instance, all the leaked information from Fidesz politicians concerning the huge reforms of ...
Parties In Final Furlong To Local Election In Hungary
- 8 Oct 2014 9:00 AM
- current affairs
Political parties are touring the country and Budapest districts intensively to win support for their candidates at the local elections set for Sunday, October 12. Incumbent Budapest mayor István Tarlós, backed by the ruling Fidesz party, on Tuesday inaugurated a 700 million forint (EUR 2.7m) heating system at the Military Hospital. Tarlós said that since 2010, Budapest’s governance had become ...
Hungary’s PM Orbán: No Austerity Planned
- 7 Oct 2014 9:00 AM
- current affairs
There is no place in the government’s economic policymaking for austerity, Viktor Orbán, the prime minister, told a local paper in an interview. “We are preparing for an era in which people earn more, retirees preserve the value of their pensions, the burdens of parenthood are eased, schools will be better and our hospitals are going to work well,” he told Vas Népe. “We’re at the gates of a great ...
Economist Péter Róna On Hungary’s Post Election Austerity Plans
- 26 Sep 2014 5:00 AM
- business
“They need the austerity so that there is something to steal. This is the basic mechanism.” – Péter Róna, Oxford professor of economics and policy advisor to opposition party Politics Can Be Different (LMP)
'Seriously About Paks' Event, Budapest, 16 September
- 16 Sep 2014 9:03 AM
- current affairs
The planned new nuclear power plant in Paks raises a number of economic, security, geopolitical and social issues, which have barely been mentioned in the Hungarian public media. Energiaklub launches a series of events titled ’Seriously about Paks’. Each event will focus on a specific issue. Foreign and local experts and researchers exchange their views, along special ad hoc studies.
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. ...
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 ...
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 Opposition Parties Mixed On Shelved Internet Tax
- 31 Oct 2014 3:00 AM
- current affairs
The radical nationalist Jobbik party’s deputy leader Előd Novák said his party was partly to thank for the government “backing off” on the internet tax. Novák said the government should instead make plans for introducing a basic internet service available free of charge in order to make telecommuting and electronic administration accessible to those who cannot afford Hungary’s internet fees, ...
Xpat Opinion: The Hungarian Socialists At A Crossroads
- 17 Oct 2014 9:00 AM
- current affairs
While Fidesz and the Orbán government are busy hatching their latest plans to further restructure the Hungarian state and Hungarian society we cannot do more than wait for the day, which should come soon, when we find out what kind of austerity program will be introduced. There is no use talking about, for instance, all the leaked information from Fidesz politicians concerning the huge reforms of ...
Parties In Final Furlong To Local Election In Hungary
- 8 Oct 2014 9:00 AM
- current affairs
Political parties are touring the country and Budapest districts intensively to win support for their candidates at the local elections set for Sunday, October 12. Incumbent Budapest mayor István Tarlós, backed by the ruling Fidesz party, on Tuesday inaugurated a 700 million forint (EUR 2.7m) heating system at the Military Hospital. Tarlós said that since 2010, Budapest’s governance had become ...
Hungary’s PM Orbán: No Austerity Planned
- 7 Oct 2014 9:00 AM
- current affairs
There is no place in the government’s economic policymaking for austerity, Viktor Orbán, the prime minister, told a local paper in an interview. “We are preparing for an era in which people earn more, retirees preserve the value of their pensions, the burdens of parenthood are eased, schools will be better and our hospitals are going to work well,” he told Vas Népe. “We’re at the gates of a great ...
Economist Péter Róna On Hungary’s Post Election Austerity Plans
- 26 Sep 2014 5:00 AM
- business
“They need the austerity so that there is something to steal. This is the basic mechanism.” – Péter Róna, Oxford professor of economics and policy advisor to opposition party Politics Can Be Different (LMP)
'Seriously About Paks' Event, Budapest, 16 September
- 16 Sep 2014 9:03 AM
- current affairs
The planned new nuclear power plant in Paks raises a number of economic, security, geopolitical and social issues, which have barely been mentioned in the Hungarian public media. Energiaklub launches a series of events titled ’Seriously about Paks’. Each event will focus on a specific issue. Foreign and local experts and researchers exchange their views, along special ad hoc studies.
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. ...