1,836 result(s) for budget
Hungarian Cabinet Disputes Brussels Decision
- 29 Feb 2012 8:00 AM
- current affairs
"The European Commission’s (EC) proposal to freeze cohesion fund payments to Hungary is unfounded and unfair, the government said in response. It is impossible to comprehend why the Commission has ignored the fact that, for the first time since joining the EU, Hungary's budget deficit was below 3% of GDP in 2011 and will remain under that figure this year, prime ministerial spokesman Peter ...
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.
Hungarian Government Aims To Hit Deficit Targets With Spending Cuts
- 28 Feb 2012 8:00 AM
- business
"The government aims to bring the budget deficit down to 2.5% of GDP this year and to 2.2% by 2013, with new fiscal measures, largely affecting subsidies for drugs and Budapest public transport company BKV, Economy Ministry undersecretary Peter Beno Banai said. The government will reduce spending by Ft 28-30 billion, or 0.1% of GDP this year, and some Ft 120 billion next year, or 0.4% of GDP, ...
The Hungarian Gov Is Launching A Rehabilitation Programme
- 24 Feb 2012 8:00 AM
- current affairs
"The Hungarian Government is launching a comprehensive 4.7 billion-forint settlement rehabilitation programme using EU funds, for which local governments may submit their applications by 31 March 2012. The sub-measure coded 5.3.6.-11-1 within the Social Renewal Operational Programme (SROP, in Hungarian: TÁMOP) provides opportunities for social inclusion for those living in disadvantaged ...
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
The Position Of The Government Of Hungary On The Proposal Adopted By The European Commission
- 23 Feb 2012 8:00 AM
- current affairs
"The European Commission on 22 February 2012 issued a proposal to suspend in part the commitments from the Cohesion Fund for Hungary in 2013. Our government regards it as an unfounded and unfair proposal.
Eat & Drink In Budapest For 50% On 23 February
- 21 Feb 2012 11:00 AM
- food & drink
Wine and dine for half-price at participating restaurants in Budapest, and right around the country on Gluttonous Thursday – read on to find out about all the participating venues. 'Torkos Csütörtök' revives an old tradition celebrated on the first Thursday after Ash Wednesday, when people were given the chance to fill-up keeping in mind the 40 days of abstinence connected to Lent. Reservations ...
Hungarian Parliament Approves EU Fiscal Pact
- 21 Feb 2012 8:04 AM
- current affairs
"Parliament voted in favour of joining the EU’s new fiscal compact on tighter budget discipline yesterday, approving a proposal submitted by Foreign Minister János Martonyi. The heads of 25 EU governments are expected to sign the document at the March 1-2 summit, with the treaty to enter into force on January 1, 2013.
Viktor Orbán Proposes Hungary’s Membership Of The Fiscal Compact
- 15 Feb 2012 8:04 AM
- current affairs
"On the first day of the spring parliamentary session Prime Minister Viktor Orbán urged the National Assembly to adopt the European Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, and also stressed that the future of Hungary is within the European Union.
Hungarian Cabinet Disputes Brussels Decision
- 29 Feb 2012 8:00 AM
- current affairs
"The European Commission’s (EC) proposal to freeze cohesion fund payments to Hungary is unfounded and unfair, the government said in response. It is impossible to comprehend why the Commission has ignored the fact that, for the first time since joining the EU, Hungary's budget deficit was below 3% of GDP in 2011 and will remain under that figure this year, prime ministerial spokesman Peter ...
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.
Hungarian Government Aims To Hit Deficit Targets With Spending Cuts
- 28 Feb 2012 8:00 AM
- business
"The government aims to bring the budget deficit down to 2.5% of GDP this year and to 2.2% by 2013, with new fiscal measures, largely affecting subsidies for drugs and Budapest public transport company BKV, Economy Ministry undersecretary Peter Beno Banai said. The government will reduce spending by Ft 28-30 billion, or 0.1% of GDP this year, and some Ft 120 billion next year, or 0.4% of GDP, ...
The Hungarian Gov Is Launching A Rehabilitation Programme
- 24 Feb 2012 8:00 AM
- current affairs
"The Hungarian Government is launching a comprehensive 4.7 billion-forint settlement rehabilitation programme using EU funds, for which local governments may submit their applications by 31 March 2012. The sub-measure coded 5.3.6.-11-1 within the Social Renewal Operational Programme (SROP, in Hungarian: TÁMOP) provides opportunities for social inclusion for those living in disadvantaged ...
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
The Position Of The Government Of Hungary On The Proposal Adopted By The European Commission
- 23 Feb 2012 8:00 AM
- current affairs
"The European Commission on 22 February 2012 issued a proposal to suspend in part the commitments from the Cohesion Fund for Hungary in 2013. Our government regards it as an unfounded and unfair proposal.
Eat & Drink In Budapest For 50% On 23 February
- 21 Feb 2012 11:00 AM
- food & drink
Wine and dine for half-price at participating restaurants in Budapest, and right around the country on Gluttonous Thursday – read on to find out about all the participating venues. 'Torkos Csütörtök' revives an old tradition celebrated on the first Thursday after Ash Wednesday, when people were given the chance to fill-up keeping in mind the 40 days of abstinence connected to Lent. Reservations ...
Hungarian Parliament Approves EU Fiscal Pact
- 21 Feb 2012 8:04 AM
- current affairs
"Parliament voted in favour of joining the EU’s new fiscal compact on tighter budget discipline yesterday, approving a proposal submitted by Foreign Minister János Martonyi. The heads of 25 EU governments are expected to sign the document at the March 1-2 summit, with the treaty to enter into force on January 1, 2013.
Viktor Orbán Proposes Hungary’s Membership Of The Fiscal Compact
- 15 Feb 2012 8:04 AM
- current affairs
"On the first day of the spring parliamentary session Prime Minister Viktor Orbán urged the National Assembly to adopt the European Treaty on Stability, Coordination and Governance in the Economic and Monetary Union, and also stressed that the future of Hungary is within the European Union.