203 result(s) for budget data
Tensions Rise Between State Audit Office & Hungarian National Bank
- 19 Feb 2013 8:01 AM
- current affairs
The National Bank overstepped its authority by handing over confidential data to the IMF, the State Audit Office (ASZ) said, firing the latest shot in a recent dispute between the two institutions. In response, MNB governor Andras Simor said on ATV Wednesday that the central bank had not violated any rules in handing over the data at the request of the IMF.
Vizoviczki Scam Worth Ft 800mn In Hungary
- 19 Feb 2013 8:00 AM
- current affairs
The criminal gang run by Obuda Island nightclub entrepreneur Laszlo Vizoviczki may have cheated the state budget of up to Ft 825.2 million in unpaid VAT in 2010-12, prosecutors said at the end of last week. Prosecutors spokesman Geza Fazekas said Vizoviczki could presumably afford to pay off police officers and possibly other officials from funds that should have gone to pay VAT.
Hungary's PM Met President Of The European Commission
- 1 Feb 2013 8:01 AM
- current affairs
Prime Minister Viktor Orbán met with President of the European Commission José Manuel Barroso on Wednesday in Brussels. After the meeting, the Hungarian Prime Minister stated that for Hungary it is a moral issue, rather than a political or economic one, that the excessive deficit procedure launched against the country since it joined the EU is ended.
Hungary's Annual Economic Policy Consultation With IMF & EU Concluded Successfully
- 29 Jan 2013 8:04 AM
- business
Representatives from the International Monetary Fund and the European Commission met with leaders and experts from the Hungarian Government, the National Bank of Hungary, the Hungarian Financial Supervisory Authority, and with certain financial sector operators, within the framework of their annual economic policy consultation. The meetings included negotiations on economic forecasts for winter ...
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.
The European Commission Acknowledged Hungary's Budget Deficit To Be Below 3 Percent In 2012 & 2013
- 19 Nov 2012 12:00 AM
- current affairs
The previous Government submitted the Budget Bill for 2010 on the basis of entirely unsubstantiated data. Without the extraordinary measures of the Government headed by Prime Minister Viktor Orbán and the greater than anticipated economic growth central budget deficit would have exceeded 7 percent in 2010. Economic growth, which was almost 2 percent higher than in the submitted macro outlook, ...
Xpat Opinion: A Sinking Ship? Is It Time For Orbán’s Hungary To Turn Westward?
- 6 Sep 2012 9:00 AM
- current affairs
Just as I feared, we will have to return to Azerbaijan, not so much as a diplomatic issue but as a part of the financial plans that may have been behind the decision to release a convicted murderer to Baku. Because surely no one will believe the story the Hungarian Foreign Ministry came up with yesterday, that Hungary was conned by the Azeris. The current claim is that the Hungarians believed in ...
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
PM Briefs On The New Széchényi Plan And The Absorption Of EU Funding In Hungary
- 20 Jul 2012 9:00 AM
- current affairs
PM Viktor Orbán and the President of the National Development Agency Zoltán Petykó provided an overall presentation on development policy and the New Széchényi Plan on the occasion of an event organized by the National Development Agency on Thursday.
Tensions Rise Between State Audit Office & Hungarian National Bank
- 19 Feb 2013 8:01 AM
- current affairs
The National Bank overstepped its authority by handing over confidential data to the IMF, the State Audit Office (ASZ) said, firing the latest shot in a recent dispute between the two institutions. In response, MNB governor Andras Simor said on ATV Wednesday that the central bank had not violated any rules in handing over the data at the request of the IMF.
Vizoviczki Scam Worth Ft 800mn In Hungary
- 19 Feb 2013 8:00 AM
- current affairs
The criminal gang run by Obuda Island nightclub entrepreneur Laszlo Vizoviczki may have cheated the state budget of up to Ft 825.2 million in unpaid VAT in 2010-12, prosecutors said at the end of last week. Prosecutors spokesman Geza Fazekas said Vizoviczki could presumably afford to pay off police officers and possibly other officials from funds that should have gone to pay VAT.
Hungary's PM Met President Of The European Commission
- 1 Feb 2013 8:01 AM
- current affairs
Prime Minister Viktor Orbán met with President of the European Commission José Manuel Barroso on Wednesday in Brussels. After the meeting, the Hungarian Prime Minister stated that for Hungary it is a moral issue, rather than a political or economic one, that the excessive deficit procedure launched against the country since it joined the EU is ended.
Hungary's Annual Economic Policy Consultation With IMF & EU Concluded Successfully
- 29 Jan 2013 8:04 AM
- business
Representatives from the International Monetary Fund and the European Commission met with leaders and experts from the Hungarian Government, the National Bank of Hungary, the Hungarian Financial Supervisory Authority, and with certain financial sector operators, within the framework of their annual economic policy consultation. The meetings included negotiations on economic forecasts for winter ...
Foreign Currency Debt Issuance May Not Be Necessary Next Year In Hungary
- 18 Dec 2012 8:00 AM
- business
According to Minister of National Economy György Matolcsy, Hungary may not need to issue foreign currency denominated government securities on international financial markets next year. That was one of the issues the Minister spoke about at the economic programme G7 of Hungary’s public service broadcaster Kossuth Radio on Saturday.
The European Commission Acknowledged Hungary's Budget Deficit To Be Below 3 Percent In 2012 & 2013
- 19 Nov 2012 12:00 AM
- current affairs
The previous Government submitted the Budget Bill for 2010 on the basis of entirely unsubstantiated data. Without the extraordinary measures of the Government headed by Prime Minister Viktor Orbán and the greater than anticipated economic growth central budget deficit would have exceeded 7 percent in 2010. Economic growth, which was almost 2 percent higher than in the submitted macro outlook, ...
Xpat Opinion: A Sinking Ship? Is It Time For Orbán’s Hungary To Turn Westward?
- 6 Sep 2012 9:00 AM
- current affairs
Just as I feared, we will have to return to Azerbaijan, not so much as a diplomatic issue but as a part of the financial plans that may have been behind the decision to release a convicted murderer to Baku. Because surely no one will believe the story the Hungarian Foreign Ministry came up with yesterday, that Hungary was conned by the Azeris. The current claim is that the Hungarians believed in ...
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
PM Briefs On The New Széchényi Plan And The Absorption Of EU Funding In Hungary
- 20 Jul 2012 9:00 AM
- current affairs
PM Viktor Orbán and the President of the National Development Agency Zoltán Petykó provided an overall presentation on development policy and the New Széchényi Plan on the occasion of an event organized by the National Development Agency on Thursday.