203 result(s) for budget data
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”.
Együtt Asks For Data On Castle Relocation Project
- 25 Apr 2016 9:00 AM
- property
The opposition Együtt party is filing an official request for public data on plans to relocate cabinet offices to the Buda Castle and the related construction work. Márton Pataki, a senior official of the party, told MTI that important information was missing on the construction being carried out on the Carmelite monastery building, such as what changes were planned to its facade.
Rétvári: EC Failed To Grant Hungary Aid To Help Migrant Children
- 21 Jan 2016 8:00 AM
- current affairs
Hungary did not receive any emergency aid from the European Commission to support unaccompanied migrant children who entered the country last year, a human resources ministry official said. Bence Rétvári, parliamentary state secretary, said that the EC’s reasoning for not sending aid was that the need to provide care to thousands of children is not considered an emergency.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...
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”.
Együtt Asks For Data On Castle Relocation Project
- 25 Apr 2016 9:00 AM
- property
The opposition Együtt party is filing an official request for public data on plans to relocate cabinet offices to the Buda Castle and the related construction work. Márton Pataki, a senior official of the party, told MTI that important information was missing on the construction being carried out on the Carmelite monastery building, such as what changes were planned to its facade.
Rétvári: EC Failed To Grant Hungary Aid To Help Migrant Children
- 21 Jan 2016 8:00 AM
- current affairs
Hungary did not receive any emergency aid from the European Commission to support unaccompanied migrant children who entered the country last year, a human resources ministry official said. Bence Rétvári, parliamentary state secretary, said that the EC’s reasoning for not sending aid was that the need to provide care to thousands of children is not considered an emergency.
Hungary’s Employer Group Chief: High Tax Rates Hamper Proper Wage Reform
- 31 Dec 2015 8:00 AM
- business
Employment and income tax rates need to be reduced because the current tax system is hampering a proper wage reform, the chief secretary of the National Association of Employers and Entrepreneurs (VOSZ) said. Ferenc Dávid said a gross wage of 100,000 forints (EUR 320) costs the employer approximately 128,500 forints factoring in social contributions while the employee’s net wage ends up being ...