292 result(s) for budget in Business
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungarian Minister Zoltán Kovács In Paris – On The Crisis Of The Euro-Zone
- 2 Mar 2012 8:02 AM
- business
"Zoltán Kovács, Minister of State for Government Communication, took part in a round-table discussion on the subject of the eurozone crisis at the Paris office of the European Commission.
Higher VAT And Cutbacks Boost Budget In Hungary
- 1 Mar 2012 8:01 AM
- business
"The budget recorded a Ft 107.3 billion surplus in January, in line with initial estimates, according to final data released recently by the Economy Ministry. The budget ran a Ft 122.8 billion deficit in January 2011.
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, ...
Hungarian Gov’t Strains To Meet Budget Target
- 17 Dec 2010 7:00 AM
- business
"The government has cut ministries’ spending by Ft 100 billion for the month of December following reports that the state budget was at 151% of the year-end target at the end of November, Napi Gazdasag reports. The cabinet issued a decree setting a Ft 371 billion spending ceiling for the month of December in order to meet the 3.8% budget deficit target for 2010.
Fitch May Demote Hungary From BBB
- 29 Nov 2010 1:00 AM
- business
"Fitch might downgrade Hungary because it believes that government plans concerning private pension funds will have negative effects on the sustainability of the budget, director of the credit rating agency David Heslam told news agency Bloomberg.
Public Statement By American Chamber of Commerce In Hungary On Recent Government Economic Initiatives
- 10 Nov 2010 12:00 AM
- business
"The significance to the business environment warrants that AmCham comment on recent government economic initiatives.
Credit Rating For Hungary Down In Nov
- 3 Nov 2010 12:35 AM
- business
International rating agencies are expected to downgrade Hungary’s credit rating in November following centre-right government’s new budget plans, experts in Budapest and London told Budapest Report. Their cited reasons being that Hungary will be weakened financially as it does not want to depend on an IMF bail-out to strengthen its reserves.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungarian Minister Zoltán Kovács In Paris – On The Crisis Of The Euro-Zone
- 2 Mar 2012 8:02 AM
- business
"Zoltán Kovács, Minister of State for Government Communication, took part in a round-table discussion on the subject of the eurozone crisis at the Paris office of the European Commission.
Higher VAT And Cutbacks Boost Budget In Hungary
- 1 Mar 2012 8:01 AM
- business
"The budget recorded a Ft 107.3 billion surplus in January, in line with initial estimates, according to final data released recently by the Economy Ministry. The budget ran a Ft 122.8 billion deficit in January 2011.
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, ...
Hungarian Gov’t Strains To Meet Budget Target
- 17 Dec 2010 7:00 AM
- business
"The government has cut ministries’ spending by Ft 100 billion for the month of December following reports that the state budget was at 151% of the year-end target at the end of November, Napi Gazdasag reports. The cabinet issued a decree setting a Ft 371 billion spending ceiling for the month of December in order to meet the 3.8% budget deficit target for 2010.
Fitch May Demote Hungary From BBB
- 29 Nov 2010 1:00 AM
- business
"Fitch might downgrade Hungary because it believes that government plans concerning private pension funds will have negative effects on the sustainability of the budget, director of the credit rating agency David Heslam told news agency Bloomberg.
Public Statement By American Chamber of Commerce In Hungary On Recent Government Economic Initiatives
- 10 Nov 2010 12:00 AM
- business
"The significance to the business environment warrants that AmCham comment on recent government economic initiatives.
Credit Rating For Hungary Down In Nov
- 3 Nov 2010 12:35 AM
- business
International rating agencies are expected to downgrade Hungary’s credit rating in November following centre-right government’s new budget plans, experts in Budapest and London told Budapest Report. Their cited reasons being that Hungary will be weakened financially as it does not want to depend on an IMF bail-out to strengthen its reserves.