295 result(s) for budget cut
PM: IMF Can Only Use Financial Criteria When Deciding On Offering Support For Hungary
- 16 Apr 2012 9:00 AM
- current affairs
The Prime Minister confirmed press reports of his planned meeting with Mr. Barroso on 23 April, in connection with discussions between Hungary and the EU. He said that ‘Every day we move a little closer to our goal and things are going in the right direction, even though the pace is not what we might have hoped for.’
Hungarian Government Committed To IMF-EU Agreement And Ready To Start Negotiations
- 9 Mar 2012 8:04 AM
- current affairs
"Minister without Portfolio for Liaising with Certain International Financial Organisations Tamás Fellegi’s keynote speech opened the conference entitled “Forint, crisis, state debt” organised on macro-economic issues on 8 March 2012 in Budapest by Portfolio.hu.
The Hungarian Gov Has Been Mending The Mistakes Of The Past - Reply To The EU Communication Of 6 March
- 7 Mar 2012 12:00 AM
- current affairs
"The government has been and will be committed to achieving the deficit target. The proof of this commitment is that this is the first government since Hungary’s EU accession in 2004 which cut the budget deficit to below 3 percent.
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, ...
Malév Is Dead, Long Live Low Cost Carriers?
- 9 Feb 2012 12:00 AM
- current affairs
The predictable passing of Malév triggered rapid expansion announcements from both Ryanair and Wizz Air. SmartWings, Air Berlin and others have added flights, with more low cost carriers positioned to pounce. All good for budget travelers as prices are driven down via increased ...
Ryanair To Open Budapest Base, 31 New Routes
- 3 Feb 2012 9:00 AM
- travel
Following the grounding of Malév today Ryanair announced that it intends to launch 'a rescue plan' for Hungarian air travel and tourism. Ryanair confirmed that it will base 4 new Boeing 737-800 aircraft at Budapest Airport commencing Friday 17th February. Fares will start from EURO 9.99 ...
Rogán: Budapest Must Cut Spending
- 3 Feb 2012 8:00 AM
- current affairs
"Budapest should tighten its belt if it is to bail out the public transport company BKV, Fifth District mayor Antal Rogán said in a statement issued on Thursday. Rogán, a Fidesz MP, said Budapest did not provide one forint of operational support to the transport company in 2010 and 2011, while the government gave it over Ft 140 billion in subsidies.
PM: IMF Can Only Use Financial Criteria When Deciding On Offering Support For Hungary
- 16 Apr 2012 9:00 AM
- current affairs
The Prime Minister confirmed press reports of his planned meeting with Mr. Barroso on 23 April, in connection with discussions between Hungary and the EU. He said that ‘Every day we move a little closer to our goal and things are going in the right direction, even though the pace is not what we might have hoped for.’
Hungarian Government Committed To IMF-EU Agreement And Ready To Start Negotiations
- 9 Mar 2012 8:04 AM
- current affairs
"Minister without Portfolio for Liaising with Certain International Financial Organisations Tamás Fellegi’s keynote speech opened the conference entitled “Forint, crisis, state debt” organised on macro-economic issues on 8 March 2012 in Budapest by Portfolio.hu.
The Hungarian Gov Has Been Mending The Mistakes Of The Past - Reply To The EU Communication Of 6 March
- 7 Mar 2012 12:00 AM
- current affairs
"The government has been and will be committed to achieving the deficit target. The proof of this commitment is that this is the first government since Hungary’s EU accession in 2004 which cut the budget deficit to below 3 percent.
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, ...
Malév Is Dead, Long Live Low Cost Carriers?
- 9 Feb 2012 12:00 AM
- current affairs
The predictable passing of Malév triggered rapid expansion announcements from both Ryanair and Wizz Air. SmartWings, Air Berlin and others have added flights, with more low cost carriers positioned to pounce. All good for budget travelers as prices are driven down via increased ...
Ryanair To Open Budapest Base, 31 New Routes
- 3 Feb 2012 9:00 AM
- travel
Following the grounding of Malév today Ryanair announced that it intends to launch 'a rescue plan' for Hungarian air travel and tourism. Ryanair confirmed that it will base 4 new Boeing 737-800 aircraft at Budapest Airport commencing Friday 17th February. Fares will start from EURO 9.99 ...
Rogán: Budapest Must Cut Spending
- 3 Feb 2012 8:00 AM
- current affairs
"Budapest should tighten its belt if it is to bail out the public transport company BKV, Fifth District mayor Antal Rogán said in a statement issued on Thursday. Rogán, a Fidesz MP, said Budapest did not provide one forint of operational support to the transport company in 2010 and 2011, while the government gave it over Ft 140 billion in subsidies.