72 result(s) for budget cut in Business
Hungary EcoMin-Elect Unveils More Tax Cut Details
- 6 May 2010 3:00 AM
- business
"Hungary’s new government, to be formulated by centre-right Fidesz, knows how to respond to a new possible crisis wave, Economy Minister-designate György Matolcsy said on Thursday. He also revealed further details about his party’s tax reduction plans, saying the tax burden in Hungary needs to be cut by a third over the next three years.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary Fidesz Will Cut Taxes, Talk With IMF On Deficit Plans This Year
- 27 Apr 2010 4:00 AM
- business
"Hungary’s Fidesz, which won a two-thirds legislative majority on Sunday, will make amendments to tax laws in the course of 2010, but sweeping changes will be implemented only later, said Fidesz President Viktor Orbán on Monday. The next Hungarian Prime Minister told a press conference he was hopeful that Fidesz would be able to agree with the International Monetary Fund (IMF) about a new deficit ...
Euro Adoption Five Years Away For Hungary - Again
- 26 Apr 2010 5:00 AM
- business
"Analysts have been forecasting Hungary’s inflation higher and higher every month, the latest Reuters poll conducted in April showed. This, however, will not be regarded as an obstacle by the central bank (NBH) to cut is base rate further next Monday, they say.
Hungary Forint Firms Following Fidesz Victory
- 26 Apr 2010 5:00 AM
- business
"Hungary’s forint started the week on a strong footing, after centre-right Fidesz mustered a two-thirds legislative majority in the second round of elections on Sunday. The HUF’s appreciation is also linked to positive global investor sentiment.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungary's Járai Calls 3.8% Deficit “Unfeasible”
- 18 Mar 2010 3:00 AM
- business
"The government’s 2010 budget deficit target of 3.8% of GDP is not feasible and could grow to 7-8% if no additional measures are taken, Fidesz former finance minister Zsigmond Járai said Tuesday.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary EcoMin-Elect Unveils More Tax Cut Details
- 6 May 2010 3:00 AM
- business
"Hungary’s new government, to be formulated by centre-right Fidesz, knows how to respond to a new possible crisis wave, Economy Minister-designate György Matolcsy said on Thursday. He also revealed further details about his party’s tax reduction plans, saying the tax burden in Hungary needs to be cut by a third over the next three years.
Hungary's Forint Drops Sharply Over Greece, Fidesz Flaying C.Bank Chief
- 28 Apr 2010 3:00 AM
- business
"First day after the overwhelming election victory of Hungary’s centre-right Fidesz party, Prime Minister candidate Viktor Orbán has already jumped down the throat of the financial markets regulator (PSZÁF) and the National Bank of Hungary (NBH), especially harshly criticising central bank Governor András Simor. Analysts do not seem to be happy.
Hungary Fidesz Will Cut Taxes, Talk With IMF On Deficit Plans This Year
- 27 Apr 2010 4:00 AM
- business
"Hungary’s Fidesz, which won a two-thirds legislative majority on Sunday, will make amendments to tax laws in the course of 2010, but sweeping changes will be implemented only later, said Fidesz President Viktor Orbán on Monday. The next Hungarian Prime Minister told a press conference he was hopeful that Fidesz would be able to agree with the International Monetary Fund (IMF) about a new deficit ...
Euro Adoption Five Years Away For Hungary - Again
- 26 Apr 2010 5:00 AM
- business
"Analysts have been forecasting Hungary’s inflation higher and higher every month, the latest Reuters poll conducted in April showed. This, however, will not be regarded as an obstacle by the central bank (NBH) to cut is base rate further next Monday, they say.
Hungary Forint Firms Following Fidesz Victory
- 26 Apr 2010 5:00 AM
- business
"Hungary’s forint started the week on a strong footing, after centre-right Fidesz mustered a two-thirds legislative majority in the second round of elections on Sunday. The HUF’s appreciation is also linked to positive global investor sentiment.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Hungary's Járai Calls 3.8% Deficit “Unfeasible”
- 18 Mar 2010 3:00 AM
- business
"The government’s 2010 budget deficit target of 3.8% of GDP is not feasible and could grow to 7-8% if no additional measures are taken, Fidesz former finance minister Zsigmond Járai said Tuesday.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...