295 result(s) for budget cut
Xpat Opinion: Hungary's Next Year’s Budget Passed
- 13 Dec 2012 8:00 AM
- current affairs
A pro-government columnist welcomes the new budget but warns that the deficit target may not be easy to meet. The Hungarian Parliament passed the 2013 budget on Tuesday. The bill has been amended several times since the first draft was submitted in June.
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Ryanair Announces 40% Cuts At Budapest
- 23 Nov 2012 8:04 AM
- travel
Ryanair, Europe’s only ultra-low cost airline, today (22 Nov) announced 40% cuts at its Budapest base with the closure of 10 routes and loss of over 280 weekly flights from 10 Jan 2013 after the Hochtief-run airport increased charges, refused to provide efficient facilities and failed to offer a competitive cost base for future growth offered by Ryanair. Ryanair’s Budapest traffic will fall by ...
10 Budget-Friendly Ways To Improve Your Health And Fitness
- 21 Nov 2012 8:00 AM
- health & wellness
If you think getting fit and healthy will blow your budget, it may be time to think again. Luckily, many of the things that are best for our health are actually low cost or even free. To improve your wellbeing without the hefty price tag, check out our 10 cheap shortcuts for boosting your health.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...
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.
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Xpat Opinion: Hungary's Next Year’s Budget Passed
- 13 Dec 2012 8:00 AM
- current affairs
A pro-government columnist welcomes the new budget but warns that the deficit target may not be easy to meet. The Hungarian Parliament passed the 2013 budget on Tuesday. The bill has been amended several times since the first draft was submitted in June.
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Ryanair Announces 40% Cuts At Budapest
- 23 Nov 2012 8:04 AM
- travel
Ryanair, Europe’s only ultra-low cost airline, today (22 Nov) announced 40% cuts at its Budapest base with the closure of 10 routes and loss of over 280 weekly flights from 10 Jan 2013 after the Hochtief-run airport increased charges, refused to provide efficient facilities and failed to offer a competitive cost base for future growth offered by Ryanair. Ryanair’s Budapest traffic will fall by ...
10 Budget-Friendly Ways To Improve Your Health And Fitness
- 21 Nov 2012 8:00 AM
- health & wellness
If you think getting fit and healthy will blow your budget, it may be time to think again. Luckily, many of the things that are best for our health are actually low cost or even free. To improve your wellbeing without the hefty price tag, check out our 10 cheap shortcuts for boosting your health.
Main Obstacles To Concluding A Loan Agreement With IMF & EU Have Been Removed
- 12 Nov 2012 8:06 AM
- business
In an interview for Hungarian News Agency MTI, the Prime Minister said that the government has made efforts to endure that the excessive deficit procedure Hungary has been subject to since 2004 will end. With reference to the European Commission's Wednesday report which forecast a deficit-to-GDP ratio of 2.9 percent and a growth rate of 0.3 percent for Hungary next year, the Prime Minister said ...
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.
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...