289 result(s) for budget cut
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
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 ...
Xpat Opinion: Water Restrictions At 37° Centigrade In Hungary
- 8 Aug 2013 9:00 AM
- current affairs
Left-wing commentators accuse the local council of playing to the anti-Roma gallery, as the capacity of roadside water pumps was reduced in Ózd, a rust-belt city in northern Hungary during the hottest days of summer. The main pro-government daily believes the left-wing opposition has used the case to launch a coordinated political campaign.
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.
Interview With Hungary's PM Orbán In The Wall Street Journal
- 22 Jul 2013 9:00 AM
- current affairs
Prime Minister Viktor Orbán gave an interview to Wall Street Journal, talking about economic policy, the new constitution and the European Union.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
EU Leaders Must Guarantee A Greener & Fairer Future For Europe's Farming & Rural Areas
- 1 Jul 2013 9:00 AM
- property
On the eve of EU Budget negotiations the IFOAM EU Group calls on EU Heads of State and Government to lay the foundations for a greener and fairer CAP. Proposed disproportionate cuts to the Pillar 2 budget and any weakening of Pillar 1 greening under the next Multi-annual Financial Framework (MMF) 2014-2020 must be rejected.
Hungary Exits EU Excessive Deficit Procedure
- 24 Jun 2013 1:00 AM
- current affairs
Left-wing columnists fear further austerity measures. A pro-government pundit notes that although the excessive deficit procedure has been lifted, the government should not expect an end to criticism from the EU. A conservative commentator, on the other hand, hopes that Fidesz will call a truce with the EU.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
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 ...
Xpat Opinion: Water Restrictions At 37° Centigrade In Hungary
- 8 Aug 2013 9:00 AM
- current affairs
Left-wing commentators accuse the local council of playing to the anti-Roma gallery, as the capacity of roadside water pumps was reduced in Ózd, a rust-belt city in northern Hungary during the hottest days of summer. The main pro-government daily believes the left-wing opposition has used the case to launch a coordinated political campaign.
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.
Interview With Hungary's PM Orbán In The Wall Street Journal
- 22 Jul 2013 9:00 AM
- current affairs
Prime Minister Viktor Orbán gave an interview to Wall Street Journal, talking about economic policy, the new constitution and the European Union.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
EU Leaders Must Guarantee A Greener & Fairer Future For Europe's Farming & Rural Areas
- 1 Jul 2013 9:00 AM
- property
On the eve of EU Budget negotiations the IFOAM EU Group calls on EU Heads of State and Government to lay the foundations for a greener and fairer CAP. Proposed disproportionate cuts to the Pillar 2 budget and any weakening of Pillar 1 greening under the next Multi-annual Financial Framework (MMF) 2014-2020 must be rejected.
Hungary Exits EU Excessive Deficit Procedure
- 24 Jun 2013 1:00 AM
- current affairs
Left-wing columnists fear further austerity measures. A pro-government pundit notes that although the excessive deficit procedure has been lifted, the government should not expect an end to criticism from the EU. A conservative commentator, on the other hand, hopes that Fidesz will call a truce with the EU.