• 22 Nov 2024

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109 result(s) for budget cuts

Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungary’s finance ministry submitted an updated convergence programme to the European Commission that envisages a 3% GDP contraction in 2020 in light of the coronavirus crisis.
Coronavirus: Hungarian Opposition Parties Call For Additional Measures

Coronavirus: Hungarian Opposition Parties Call For Additional Measures

The opposition Socialists have urged the government to grant health and welfare workers in the forefront of efforts tackling the coronavirus epidemic a one-off bonus.
Hungarian Opinion: Fears Over 2020 EU Funding Cuts

Hungarian Opinion: Fears Over 2020 EU Funding Cuts

The leading online economic daily comments on the draft EU budget plans, and suspects that the EU will use carrots to lure Hungary into the Eurozone.
VAT Cut In Hungary Bad For Revenues

VAT Cut In Hungary Bad For Revenues

Reducing Hungary’s main VAT rate by two percentage points to 25% would result in “many hundreds of billions of forints” of lost budget revenue, András Tállai, the deputy finance minister, said in an interview published in Friday’s issue of the daily Magyar Idők.
EU Cuts To Hungary's Funding Not Cast In Stone

EU Cuts To Hungary's Funding Not Cast In Stone

Under the European Commission’s current plans, Hungary will receive a 24% cut in funding in the 2021- 2027 financial framework, but in the negotiation rounds ahead, the extent of the reduction could change significantly, the daily Magyar Idők said.
EU Draft Budget Cuts Funding For Hungary By 20%

EU Draft Budget Cuts Funding For Hungary By 20%

The European Commission has proposed to allocate cohesion funds of 17.9 billion euros for Hungary at 2018 prices in its draft EU budget for 2021-2027, about 20% less than in the previous budgetary period, according to the draft published in Brussels on Tuesday.
New Govt To Continue Strict Fiscal Policy

New Govt To Continue Strict Fiscal Policy

Hungary’s finance minister, Mihály Varga (pictured on top left), has said that the government will not veer away from its pursuit of a strict fiscal policy.
EC Raises Hungary 2018 GDP Growth Forecast To 4%

EC Raises Hungary 2018 GDP Growth Forecast To 4%

The European Commission raised its projection for Hungary’s GDP growth this year to 4% in a fresh forecast. The projection was raised from 3.7% in a forecast released in February.
Local Opinion: EU Budget Draft Unveiled

Local Opinion: EU Budget Draft Unveiled

A pro-government commentator finds a plan by Brussels to punish Hungary through budget cuts outrageous. A left-wing columnist predicts that Hungary will pay a high price for PM Orbán’s disputes with the EU.
Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungary’s finance ministry submitted an updated convergence programme to the European Commission that envisages a 3% GDP contraction in 2020 in light of the coronavirus crisis.
Coronavirus: Hungarian Opposition Parties Call For Additional Measures

Coronavirus: Hungarian Opposition Parties Call For Additional Measures

The opposition Socialists have urged the government to grant health and welfare workers in the forefront of efforts tackling the coronavirus epidemic a one-off bonus.
Hungarian Opinion: Fears Over 2020 EU Funding Cuts

Hungarian Opinion: Fears Over 2020 EU Funding Cuts

The leading online economic daily comments on the draft EU budget plans, and suspects that the EU will use carrots to lure Hungary into the Eurozone.
VAT Cut In Hungary Bad For Revenues

VAT Cut In Hungary Bad For Revenues

Reducing Hungary’s main VAT rate by two percentage points to 25% would result in “many hundreds of billions of forints” of lost budget revenue, András Tállai, the deputy finance minister, said in an interview published in Friday’s issue of the daily Magyar Idők.
EU Cuts To Hungary's Funding Not Cast In Stone

EU Cuts To Hungary's Funding Not Cast In Stone

Under the European Commission’s current plans, Hungary will receive a 24% cut in funding in the 2021- 2027 financial framework, but in the negotiation rounds ahead, the extent of the reduction could change significantly, the daily Magyar Idők said.
EU Draft Budget Cuts Funding For Hungary By 20%

EU Draft Budget Cuts Funding For Hungary By 20%

The European Commission has proposed to allocate cohesion funds of 17.9 billion euros for Hungary at 2018 prices in its draft EU budget for 2021-2027, about 20% less than in the previous budgetary period, according to the draft published in Brussels on Tuesday.
New Govt To Continue Strict Fiscal Policy

New Govt To Continue Strict Fiscal Policy

Hungary’s finance minister, Mihály Varga (pictured on top left), has said that the government will not veer away from its pursuit of a strict fiscal policy.
EC Raises Hungary 2018 GDP Growth Forecast To 4%

EC Raises Hungary 2018 GDP Growth Forecast To 4%

The European Commission raised its projection for Hungary’s GDP growth this year to 4% in a fresh forecast. The projection was raised from 3.7% in a forecast released in February.
Local Opinion: EU Budget Draft Unveiled

Local Opinion: EU Budget Draft Unveiled

A pro-government commentator finds a plan by Brussels to punish Hungary through budget cuts outrageous. A left-wing columnist predicts that Hungary will pay a high price for PM Orbán’s disputes with the EU.