132 result(s) for budget deficit in Business
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Record Low Hungarian Budget Deficit Is Sustainable
- 18 Sep 2013 1:00 AM
- business
The budget deficit (1.9 percent of gross domestic product) has not been at such a low level for 10 years and according to forecasts it will remain below 3 percent next year.
2014 Budget Envisages 2% Growth In Hungary
- 13 Sep 2013 11:00 AM
- business
The government is drawing up the 2014 budget on the assumption that economic growth will be 2% and inflation 2.8%, Economy Minister Mihály Varga confirmed to Népszabadság. The draft budget was discussed at Wednesday’s cabinet meeting and will be sent to the Budget Council today. It is to be submitted to Parliament by September 30.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Hungary Aims To Become One Of Europe's Production Centres
- 19 Jul 2013 9:00 AM
- business
State Secretary for External Economic Relations and Foreign Affairs Péter Szijjártó declared that Hungary is aiming to become one of the production centres of Europe so that it can be in the strongest position possible following the crisis. According to the State Secretary, this goal was served by the Government’s economic policy measures, and this is why measures have been implemented to restore ...
Hungarian Gov Concluded Strategic Cooperation Agreement With Ericsson
- 11 Jul 2013 10:00 AM
- business
Minister for National Economy Mihály Varga and Ericsson's Head of Customer Unit Central Europe Thomas Jul signed a Strategic Cooperation Agreement on Wednesday in Budapest at Ericsson Hungary's Research and Development Centre.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Record Low Hungarian Budget Deficit Is Sustainable
- 18 Sep 2013 1:00 AM
- business
The budget deficit (1.9 percent of gross domestic product) has not been at such a low level for 10 years and according to forecasts it will remain below 3 percent next year.
2014 Budget Envisages 2% Growth In Hungary
- 13 Sep 2013 11:00 AM
- business
The government is drawing up the 2014 budget on the assumption that economic growth will be 2% and inflation 2.8%, Economy Minister Mihály Varga confirmed to Népszabadság. The draft budget was discussed at Wednesday’s cabinet meeting and will be sent to the Budget Council today. It is to be submitted to Parliament by September 30.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Xpat Opinion: Euro Over 300 HUF In Hungary
- 5 Aug 2013 9:00 AM
- business
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit.
Hungary Aims To Become One Of Europe's Production Centres
- 19 Jul 2013 9:00 AM
- business
State Secretary for External Economic Relations and Foreign Affairs Péter Szijjártó declared that Hungary is aiming to become one of the production centres of Europe so that it can be in the strongest position possible following the crisis. According to the State Secretary, this goal was served by the Government’s economic policy measures, and this is why measures have been implemented to restore ...
Hungarian Gov Concluded Strategic Cooperation Agreement With Ericsson
- 11 Jul 2013 10:00 AM
- business
Minister for National Economy Mihály Varga and Ericsson's Head of Customer Unit Central Europe Thomas Jul signed a Strategic Cooperation Agreement on Wednesday in Budapest at Ericsson Hungary's Research and Development Centre.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.