292 result(s) for budget in Business
Xpat Opinion: Hungary To Receive Previously Suspended EU Funds
- 13 Sep 2013 11:00 AM
- business
As the European Union prepares its seven-year budget for the 2014 to 2020 period, a thorny question about Hungary’s funding arose. As of last week, 10 out of our 13 operational programs were under suspension and awaiting a September 9 decision from the European Commission.
2014 Budget Envisages 2% Growth In Hungary
- 13 Sep 2013 11:00 AM
- business
The government is drawing up the 2014 budget on the assumption that economic growth will be 2% and inflation 2.8%, Economy Minister Mihály Varga confirmed to Népszabadság. The draft budget was discussed at Wednesday’s cabinet meeting and will be sent to the Budget Council today. It is to be submitted to Parliament by September 30.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Higher Taxes Dent Profits For BSE Companies In Hungary
- 22 Aug 2013 9:00 AM
- business
Combined net profits of BSE category “A” companies fell to Ft 158 billion in the first six months, from Ft 187 billion one year earlier, due to higher taxes, Napi Gazdaság reports in an evaluation of the earnings season. The biggest companies paid Ft 100 billion to the budget in total, three times more than in 2012.
Hungary At Risk Of Losing Ft 600bn In EU Funds
- 13 Aug 2013 9:00 AM
- business
The cabinet on Wednesday will draw up a plan to prevent the potential loss of Ft 600 billion in EU funds due to ministry inefficiencies, Prime Minister’s Office chief János Lázár told reporters on Monday.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Hungary To Fully Repay IMF Loan By Mid-August
- 31 Jul 2013 9:02 AM
- business
On 15 July, Minister for National Economy Mihály Varga informed IMF Director Reza Moghadam in a letter that Hungary intends to fully repay the IMF loan provided for the country in 2008 ahead of schedule, by 12 August 2013. This option is only open for countries with sufficient fiscal reserves, a stable budgetary policy and positive investor sentiment indicators.
Xpat Opinion: Hungary To Receive Previously Suspended EU Funds
- 13 Sep 2013 11:00 AM
- business
As the European Union prepares its seven-year budget for the 2014 to 2020 period, a thorny question about Hungary’s funding arose. As of last week, 10 out of our 13 operational programs were under suspension and awaiting a September 9 decision from the European Commission.
2014 Budget Envisages 2% Growth In Hungary
- 13 Sep 2013 11:00 AM
- business
The government is drawing up the 2014 budget on the assumption that economic growth will be 2% and inflation 2.8%, Economy Minister Mihály Varga confirmed to Népszabadság. The draft budget was discussed at Wednesday’s cabinet meeting and will be sent to the Budget Council today. It is to be submitted to Parliament by September 30.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Higher Taxes Dent Profits For BSE Companies In Hungary
- 22 Aug 2013 9:00 AM
- business
Combined net profits of BSE category “A” companies fell to Ft 158 billion in the first six months, from Ft 187 billion one year earlier, due to higher taxes, Napi Gazdaság reports in an evaluation of the earnings season. The biggest companies paid Ft 100 billion to the budget in total, three times more than in 2012.
Hungary At Risk Of Losing Ft 600bn In EU Funds
- 13 Aug 2013 9:00 AM
- business
The cabinet on Wednesday will draw up a plan to prevent the potential loss of Ft 600 billion in EU funds due to ministry inefficiencies, Prime Minister’s Office chief János Lázár told reporters on Monday.
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Hungary To Fully Repay IMF Loan By Mid-August
- 31 Jul 2013 9:02 AM
- business
On 15 July, Minister for National Economy Mihály Varga informed IMF Director Reza Moghadam in a letter that Hungary intends to fully repay the IMF loan provided for the country in 2008 ahead of schedule, by 12 August 2013. This option is only open for countries with sufficient fiscal reserves, a stable budgetary policy and positive investor sentiment indicators.