386 result(s) for budget deficit
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.
Hungarian PM: Debt Can Destroy A Nation
- 18 Jun 2012 9:02 AM
- current affairs
Economic growth and welfare built on loans and debt will destroy a nation, Prime Minister Viktor Orban told the economic forum Business and Investment in Kosovo in Budapest on Thursday. Kosovo Prime Minister Hashim Thaci and other leading Kosovar officials attended.
EU To Lift Suspension Of EU Funds For Hungary
- 7 Jun 2012 10:55 AM
- current affairs
The European Commission recommended last week that the planned freeze of €495 million in EU cohesion fund payments to Hungary in 2013 be lifted, saying the country has taken the necessary measures to correct the excessive budget deficit. EU finance ministers, who decided in April to suspend the funds, are expected to formally confirm the EC decision on June 22.
Hungarian PM Orban Delighted By EC Decision Not To Suspend Subsidy Payments
- 4 Jun 2012 9:04 AM
- current affairs
Confidence in Hungary has returned, Prime Minister Viktor Orban declared yesterday after the European Commission decided against suspending cohesion fund payments to Hungary. Speaking on the “Az Este” TV programme, he hailed the outcome as a great success for Hungary, as the April decision on suspending funds was “unfair”.
The Hungarian Prime Minister Sums Up The Government’s First Two Years
- 4 Jun 2012 9:00 AM
- current affairs
’We can look back on the last two years as a successful period, because Hungary has been able to stabilise itself’: this is how Prime Minister Viktor Orbán summed up the Government’s first two years in office. He drew attention to the fact that government finances are stable, that next year the budget deficit will continue to be under three per cent, and that a new constitution has been created.
Hungarian Ministerial Candidate For IMF Negotiations Heard In Parliament
- 23 May 2012 9:00 AM
- current affairs
Mihály Varga, candidate for minister without portfolio for leading the negotiations between Hungary and the IMF and the EU was heard today by the relevant parliamentary committee which supported his appointment in that capacity. As is known, Viktor Orbán is reshuffling his cabinet in some positions; Mihály Varga, who was previously State Secretary of the Prime Minister’s Office and also Finance ...
Hungarian Government’s Decisions On System Of Taxes
- 10 May 2012 9:00 AM
- current affairs
The Government has decided to scrap the banking tax and other sectoral crisis taxes; as of the beginning of 2013, one half of the banking tax will be retained in the system, while as of 2014, this tax will be abolished altogether, Minister for National Economy György Matolcsy said on Wednesday at the Government Spokesperson’s press conference.
Hungarian Government Approves Raft Of New Taxes
- 10 May 2012 9:00 AM
- current affairs
The cabinet has approved the financial transaction tax, telephone tax and unified insurance tax, while phasing out the crisis tax, as prescribed in the Széll Kálmán plan 2.0, Economy Minister György Matolcsy announced yesterday.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.
Hungarian PM: Debt Can Destroy A Nation
- 18 Jun 2012 9:02 AM
- current affairs
Economic growth and welfare built on loans and debt will destroy a nation, Prime Minister Viktor Orban told the economic forum Business and Investment in Kosovo in Budapest on Thursday. Kosovo Prime Minister Hashim Thaci and other leading Kosovar officials attended.
EU To Lift Suspension Of EU Funds For Hungary
- 7 Jun 2012 10:55 AM
- current affairs
The European Commission recommended last week that the planned freeze of €495 million in EU cohesion fund payments to Hungary in 2013 be lifted, saying the country has taken the necessary measures to correct the excessive budget deficit. EU finance ministers, who decided in April to suspend the funds, are expected to formally confirm the EC decision on June 22.
Hungarian PM Orban Delighted By EC Decision Not To Suspend Subsidy Payments
- 4 Jun 2012 9:04 AM
- current affairs
Confidence in Hungary has returned, Prime Minister Viktor Orban declared yesterday after the European Commission decided against suspending cohesion fund payments to Hungary. Speaking on the “Az Este” TV programme, he hailed the outcome as a great success for Hungary, as the April decision on suspending funds was “unfair”.
The Hungarian Prime Minister Sums Up The Government’s First Two Years
- 4 Jun 2012 9:00 AM
- current affairs
’We can look back on the last two years as a successful period, because Hungary has been able to stabilise itself’: this is how Prime Minister Viktor Orbán summed up the Government’s first two years in office. He drew attention to the fact that government finances are stable, that next year the budget deficit will continue to be under three per cent, and that a new constitution has been created.
Hungarian Ministerial Candidate For IMF Negotiations Heard In Parliament
- 23 May 2012 9:00 AM
- current affairs
Mihály Varga, candidate for minister without portfolio for leading the negotiations between Hungary and the IMF and the EU was heard today by the relevant parliamentary committee which supported his appointment in that capacity. As is known, Viktor Orbán is reshuffling his cabinet in some positions; Mihály Varga, who was previously State Secretary of the Prime Minister’s Office and also Finance ...
Hungarian Government’s Decisions On System Of Taxes
- 10 May 2012 9:00 AM
- current affairs
The Government has decided to scrap the banking tax and other sectoral crisis taxes; as of the beginning of 2013, one half of the banking tax will be retained in the system, while as of 2014, this tax will be abolished altogether, Minister for National Economy György Matolcsy said on Wednesday at the Government Spokesperson’s press conference.
Hungarian Government Approves Raft Of New Taxes
- 10 May 2012 9:00 AM
- current affairs
The cabinet has approved the financial transaction tax, telephone tax and unified insurance tax, while phasing out the crisis tax, as prescribed in the Széll Kálmán plan 2.0, Economy Minister György Matolcsy announced yesterday.















