106 result(s) for budget cuts
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Hungarian Alternative Proposal To Be Sent To IMF/EU Early This Week
- 18 Sep 2012 9:02 AM
- current affairs
"On Tuesday or Wednesday, the Government will send the IMF and the EU an alternative proposal in connection with loan negotiations in line with the economic policies pursued over the past two years", chief negotiator Mihály Varga said on Monday. In order to have the opportunity to make changes to the budget if necessary, the Government has requested the postponement of the vote on the 2013 budget ...
Most Hungarians Would Favour IMF Deal
- 2 Aug 2012 1:30 AM
- current affairs
Most Hungarians would welcome a loan agreement between Hungary and the IMF, according to a poll conducted by the Szazadveg Foundation in the second half of July. Such a pact had the support of 58% of respondents, while 22% rejected the idea and 20% could not or would not express a view. Opposition to a deal is highest among Jobbik voters, at 50%, although even 35% of the far-right party’s ...
Xpat Opinion: Viktor Orbán On Higher Education: An Outrage
- 23 Jul 2012 1:00 AM
- current affairs
About a week ago Viktor Orbán announced that he will be taking a two-week holiday because his “batteries were exhausted.” He will spend time with his family in Felcsút and perhaps at Lake Balaton. I’m sure that a lot of people received this announcement with a certain amount of relief because lately the Hungarian prime minister has been delivering speeches that made not the slightest sense. ...
PM: Hungarian Government Building A New Economic Model
- 19 Jul 2012 9:00 AM
- business
The government is building a new economic model, Prime Minister Orbán said at a meeting with leaders of the Hungarian Chamber of Commerce and Industry (MKIK). The meeting is part of a series of consultations with key allies of the ruling party.
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, ...
Speech By Hungarian PM Viktor Orbán At The London School Of Economics
- 17 Jan 2012 8:00 AM
- current affairs
Speech made on 10 November 2011 at LSE, UK: "Thank you very much and good afternoon, Ladies and Gentlemen. My elaboration today is about Central Europe and its future in a wider context, may I say in a European context. Thank you for the invitation, because it is always a joy to explain Central Europe to the Westerners, which is not an easy job anyway. The difficulty of that kind of lecture is ...
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.
Hungarian Cabinet Cuts 20 August Fireworks Show Budget
- 7 Jul 2010 3:00 AM
- current affairs
"The cabinet will stage the annual fireworks display on the August 20 national holiday but on a more modest scale than usual, government spokeswoman Anna Nagy told reporters..
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Hungarian Alternative Proposal To Be Sent To IMF/EU Early This Week
- 18 Sep 2012 9:02 AM
- current affairs
"On Tuesday or Wednesday, the Government will send the IMF and the EU an alternative proposal in connection with loan negotiations in line with the economic policies pursued over the past two years", chief negotiator Mihály Varga said on Monday. In order to have the opportunity to make changes to the budget if necessary, the Government has requested the postponement of the vote on the 2013 budget ...
Most Hungarians Would Favour IMF Deal
- 2 Aug 2012 1:30 AM
- current affairs
Most Hungarians would welcome a loan agreement between Hungary and the IMF, according to a poll conducted by the Szazadveg Foundation in the second half of July. Such a pact had the support of 58% of respondents, while 22% rejected the idea and 20% could not or would not express a view. Opposition to a deal is highest among Jobbik voters, at 50%, although even 35% of the far-right party’s ...
Xpat Opinion: Viktor Orbán On Higher Education: An Outrage
- 23 Jul 2012 1:00 AM
- current affairs
About a week ago Viktor Orbán announced that he will be taking a two-week holiday because his “batteries were exhausted.” He will spend time with his family in Felcsút and perhaps at Lake Balaton. I’m sure that a lot of people received this announcement with a certain amount of relief because lately the Hungarian prime minister has been delivering speeches that made not the slightest sense. ...
PM: Hungarian Government Building A New Economic Model
- 19 Jul 2012 9:00 AM
- business
The government is building a new economic model, Prime Minister Orbán said at a meeting with leaders of the Hungarian Chamber of Commerce and Industry (MKIK). The meeting is part of a series of consultations with key allies of the ruling party.
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, ...
Speech By Hungarian PM Viktor Orbán At The London School Of Economics
- 17 Jan 2012 8:00 AM
- current affairs
Speech made on 10 November 2011 at LSE, UK: "Thank you very much and good afternoon, Ladies and Gentlemen. My elaboration today is about Central Europe and its future in a wider context, may I say in a European context. Thank you for the invitation, because it is always a joy to explain Central Europe to the Westerners, which is not an easy job anyway. The difficulty of that kind of lecture is ...
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.
Hungarian Cabinet Cuts 20 August Fireworks Show Budget
- 7 Jul 2010 3:00 AM
- current affairs
"The cabinet will stage the annual fireworks display on the August 20 national holiday but on a more modest scale than usual, government spokeswoman Anna Nagy told reporters..