132 result(s) for budget deficit in Business
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Video: International Spokesperson On CNBC: Hungary’s Economy Is On A Good Path
- 2 Dec 2014 8:00 AM
- business
Zoltán Kovács, the government’s international spokesperson discussed the improvements the Hungarian economy has made since joining the European Union. He emphasized that the country has managed to bring down the budget deficit below 3%, and the unemployment rate has dropped to 7.3% this year.
Moody’s Sees Improved But Still Slow Mid-Term Growth Outlook For Hungary
- 26 Nov 2014 8:00 AM
- business
Hungary’s medium-term economic growth prospects have improved, though they remain low and will continue to lag behind those of regional peers and thus complicate the government’s efforts to reduce its substantial debt burden, Moody’s Investors Service said.
Hungary’s Performance Justifies Rating Agency Upgrade
- 26 Sep 2014 9:00 AM
- business
Hungary’s economic indicators would justify an upgrade by credit rating agencies, Zoltán Cséfalvay, head of Hungary’s permanent representation to the OECD, told business daily Napi Gazdaság. “Based on the indicators for job creation, investments, exports, growth and the budget deficit Hungary is no longer at the level where it is kept by the credit rating agencies.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
June Budget Deficit In Hungary Lowest In 12 Years
- 8 Jul 2014 9:00 AM
- business
The budget deficit reached Ft 813.7 billion in the first half, equivalent to 82.6% of the year-end target, the Economy Ministry announced. The budget deficit was Ft 132 billion last month, the lowest June figure since 2002.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Video: International Spokesperson On CNBC: Hungary’s Economy Is On A Good Path
- 2 Dec 2014 8:00 AM
- business
Zoltán Kovács, the government’s international spokesperson discussed the improvements the Hungarian economy has made since joining the European Union. He emphasized that the country has managed to bring down the budget deficit below 3%, and the unemployment rate has dropped to 7.3% this year.
Moody’s Sees Improved But Still Slow Mid-Term Growth Outlook For Hungary
- 26 Nov 2014 8:00 AM
- business
Hungary’s medium-term economic growth prospects have improved, though they remain low and will continue to lag behind those of regional peers and thus complicate the government’s efforts to reduce its substantial debt burden, Moody’s Investors Service said.
Hungary’s Performance Justifies Rating Agency Upgrade
- 26 Sep 2014 9:00 AM
- business
Hungary’s economic indicators would justify an upgrade by credit rating agencies, Zoltán Cséfalvay, head of Hungary’s permanent representation to the OECD, told business daily Napi Gazdaság. “Based on the indicators for job creation, investments, exports, growth and the budget deficit Hungary is no longer at the level where it is kept by the credit rating agencies.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
June Budget Deficit In Hungary Lowest In 12 Years
- 8 Jul 2014 9:00 AM
- business
The budget deficit reached Ft 813.7 billion in the first half, equivalent to 82.6% of the year-end target, the Economy Ministry announced. The budget deficit was Ft 132 billion last month, the lowest June figure since 2002.
OTP To Lend Budapest HUF 20 Billion
- 26 Jun 2014 9:00 AM
- business
Online daily napi.hu reports that Budapest has signed six loan agreements with the OTP Bank for a total of HUF 20 billion (USD 89 million), proceeds of which are to be used to help fill a huge hole in the city budget this year.
EC Report On Hungary’s Economy Confirms Govt Prognosis
- 6 May 2014 9:00 AM
- business
The EC’s spring forecast includes similar figures as the macro-economic prognosis in Hungary’s convergence plan, which shows that the Hungarian government’s projections were reliable and credible, the economy ministry said, commenting on today’s release of the commission’s report on the country’s economy. The EC’s economic growth projections of 2.3% this year and 2.1% next year are identical to ...