292 result(s) for budget in Business
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
Gamers Say Hungarian State To Lose Ft 70bn
- 19 Oct 2012 9:00 AM
- business
The shortfall in tax revenues from the ban on slot machines and electronic casinos will reach Ft 70 billion annually, gamers' association MSZSZ said in an analysis. In addition, the report estimates the related one-off costs at Ft 130 billion.
Minister Matolcsy Announces New Fiscal Package In Hungary
- 8 Oct 2012 9:02 AM
- business
Minister for National Economy György Matolcsy held a press conference earlier this morning where he announced a fiscal adjustment package totalling 397 billion forints, which will ensure that a budget deficit below 3% of GDP will be achieved.
Hungary In The Competitiveness Ranking Of The World Economic Forum (WEF)
- 6 Sep 2012 9:00 AM
- business
The change of Hungary’s place in the category evaluating macroeconomic environment, in the competitiveness ranking of the World Economic Forum aptly demonstrates that although the financial consolidation process of the past two years was painful but a success nonetheless.
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
PM: Hungarian Government Building A New Economic Model
- 19 Jul 2012 9:00 AM
- business
The government is building a new economic model, Prime Minister Orbán said at a meeting with leaders of the Hungarian Chamber of Commerce and Industry (MKIK). The meeting is part of a series of consultations with key allies of the ruling party.
Xetra To Go Live In Hungary In 2013
- 12 Jul 2012 9:00 AM
- business
The surge in Hungary’s capital market at the beginning of 2012 was only temporary and maybe a little too euphoric. Only when the domestic macroeconomic issues are sorted out will the market see a more lasting upturn, market analysts say.
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
Gamers Say Hungarian State To Lose Ft 70bn
- 19 Oct 2012 9:00 AM
- business
The shortfall in tax revenues from the ban on slot machines and electronic casinos will reach Ft 70 billion annually, gamers' association MSZSZ said in an analysis. In addition, the report estimates the related one-off costs at Ft 130 billion.
Minister Matolcsy Announces New Fiscal Package In Hungary
- 8 Oct 2012 9:02 AM
- business
Minister for National Economy György Matolcsy held a press conference earlier this morning where he announced a fiscal adjustment package totalling 397 billion forints, which will ensure that a budget deficit below 3% of GDP will be achieved.
Hungary In The Competitiveness Ranking Of The World Economic Forum (WEF)
- 6 Sep 2012 9:00 AM
- business
The change of Hungary’s place in the category evaluating macroeconomic environment, in the competitiveness ranking of the World Economic Forum aptly demonstrates that although the financial consolidation process of the past two years was painful but a success nonetheless.
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
PM: Hungarian Government Building A New Economic Model
- 19 Jul 2012 9:00 AM
- business
The government is building a new economic model, Prime Minister Orbán said at a meeting with leaders of the Hungarian Chamber of Commerce and Industry (MKIK). The meeting is part of a series of consultations with key allies of the ruling party.
Xetra To Go Live In Hungary In 2013
- 12 Jul 2012 9:00 AM
- business
The surge in Hungary’s capital market at the beginning of 2012 was only temporary and maybe a little too euphoric. Only when the domestic macroeconomic issues are sorted out will the market see a more lasting upturn, market analysts say.
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.