179 result(s) for budget data
Budget Deficit At 61% Of Full-Year Target In July
- 23 Aug 2016 9:00 AM
- business
Hungary’s cashflow-based budget deficit, excluding local councils, reached 464.8 billion forints (EUR 1.49bn) in the first seven months of the year, 61% of the full-year target, the economy ministry confirmed in a second reading of data released on Monday.
Hungarian Minister: European Commission’s Proposal: Nothing Short Of Dangerous
- 20 Jul 2016 9:00 AM
- current affairs
The proposal made by the European Commissioner for migration policy with respect to a completely new settlement programme is „nothing short of dangerous” as regards Hungary because it affects the country’s sovereignty, and the proposals constitute an invitation to millions more, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 58 which he ...
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
Lawmakers Pass Package For 2017 Budget
- 8 Jun 2016 9:00 AM
- business
Parliament approved a package of bills submitted by the government in connection with Hungary’s 2017 budget. The package includes amendments regulating the state budget, the law on the central budget and the elimination of separate state funds.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Hungary Investment Volume Down 9.6% In Q1
- 31 May 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 9.6% in the first quarter of 2016, the Central Statistical Office said. Investment volume fell after growing by 7% in the fourth quarter of 2015. Investment contraction was mainly due to the winding up of developments financed from European Union resources, which affected investments by central budget organisations to a larger extent. In areas less ...
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Budget Deficit At 61% Of Full-Year Target In July
- 23 Aug 2016 9:00 AM
- business
Hungary’s cashflow-based budget deficit, excluding local councils, reached 464.8 billion forints (EUR 1.49bn) in the first seven months of the year, 61% of the full-year target, the economy ministry confirmed in a second reading of data released on Monday.
Hungarian Minister: European Commission’s Proposal: Nothing Short Of Dangerous
- 20 Jul 2016 9:00 AM
- current affairs
The proposal made by the European Commissioner for migration policy with respect to a completely new settlement programme is „nothing short of dangerous” as regards Hungary because it affects the country’s sovereignty, and the proposals constitute an invitation to millions more, János Lázár, the Minister heading the Prime Minister’s Office said at the press conference Governmentinfo 58 which he ...
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
Lawmakers Pass Package For 2017 Budget
- 8 Jun 2016 9:00 AM
- business
Parliament approved a package of bills submitted by the government in connection with Hungary’s 2017 budget. The package includes amendments regulating the state budget, the law on the central budget and the elimination of separate state funds.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Hungary Investment Volume Down 9.6% In Q1
- 31 May 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 9.6% in the first quarter of 2016, the Central Statistical Office said. Investment volume fell after growing by 7% in the fourth quarter of 2015. Investment contraction was mainly due to the winding up of developments financed from European Union resources, which affected investments by central budget organisations to a larger extent. In areas less ...
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.