72 result(s) for budget cut in Business
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.
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
eLearning Trends In Hungary – A Research By Innotica Group
- 16 Aug 2010 1:00 AM
- business
"Innotica Group, a leading provider of innovative eLearning solutions in Central and Eastern Europe (CEE), headquartered in Budapest, Hungary announced to undertake a research on the current trends of eLearning usage in the region. The research was initiated by customer needs to map best practices and forecast market changes due to significant budget cuts within HR and ICT departments.
IMF Unhappy With Headlong Hungarian Government
- 15 Jul 2010 2:00 AM
- business
"There are cold vibes between the International Monetary Fund and the Hungarian government as the cabinet presented its economic plans as solid facts, showing little flexibility, while the IMF has reservations about tax ideas, local news portal index.hu reported.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.
That's All For Now Folks! Market Expects Halt In Rate Cuts In Hungary
- 27 May 2010 2:00 AM
- business
"The National Bank of Hungary (NBH) will end its rate cut cycle next Monday, analysts’ consensus forecast showed in a Portfolio.hu poll on Wednesday. Their key argument is the palpable deterioration of the global investment environment, but several analysts also pointed to growing uncertainties about the incoming government’s economic policy.
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.
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.
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
eLearning Trends In Hungary – A Research By Innotica Group
- 16 Aug 2010 1:00 AM
- business
"Innotica Group, a leading provider of innovative eLearning solutions in Central and Eastern Europe (CEE), headquartered in Budapest, Hungary announced to undertake a research on the current trends of eLearning usage in the region. The research was initiated by customer needs to map best practices and forecast market changes due to significant budget cuts within HR and ICT departments.
IMF Unhappy With Headlong Hungarian Government
- 15 Jul 2010 2:00 AM
- business
"There are cold vibes between the International Monetary Fund and the Hungarian government as the cabinet presented its economic plans as solid facts, showing little flexibility, while the IMF has reservations about tax ideas, local news portal index.hu reported.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.
That's All For Now Folks! Market Expects Halt In Rate Cuts In Hungary
- 27 May 2010 2:00 AM
- business
"The National Bank of Hungary (NBH) will end its rate cut cycle next Monday, analysts’ consensus forecast showed in a Portfolio.hu poll on Wednesday. Their key argument is the palpable deterioration of the global investment environment, but several analysts also pointed to growing uncertainties about the incoming government’s economic policy.
Markets Will Be Quick To Punish Any Expansionary Budget Policy In Hungary
- 17 May 2010 4:00 AM
- business
"Hungary’s currency and bonds may weaken on investor concern the new government will widen the budget deficit as the Greek crisis pushes the European Union to cap shortfalls, Bloomberg reported on Friday, citing analysts, who warned that the market will be quick to punish any expansionary budget policy.