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370 result(s) for budget deficit

No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

The Hungarian government is determined to avoid a recession this year, and its goal is to secure growth of 1.5% this year following a 4.5% growth in 2022, notwithstanding the mounting economic challenges, Márton Nagy, the minister of economic development said on Tuesday, opening a business lunch of the Hungarian-French Chamber of Commerce and Industry.
Budget Deficit in Hungary Now Exceeds Euro 12 Billion

Budget Deficit in Hungary Now Exceeds Euro 12 Billion

Hungary’s cash flow-based budget, excluding local councils, posted a 4,753.4 billion forint (EUR 12.1bn) deficit in 2022, the finance ministry confirmed in a detailed release of data.
Fitch Changes Outlook on Hungary BBB Rating to Negative

Fitch Changes Outlook on Hungary BBB Rating to Negative

  • 23 Jan 2023 8:41 AM
  • finance
Fitch Ratings affirmed Hungary’s investment grade BBB sovereign rating but changed the outlook to negative from stable at a scheduled review on Friday.
Forex Bonds Worth USD 4.25 Billion Issued by Hungary

Forex Bonds Worth USD 4.25 Billion Issued by Hungary

Hungary has issued forex bonds worth a total 4.25 billion dollars, the finance minister has announced.
Huge HUF Hole in Newly Approved Budapest City Budget

Huge HUF Hole in Newly Approved Budapest City Budget

The Budapest General Assembly adopted the 2023 budget on Wednesday, projecting 407.8 billion forints (EUR 990.3m) in revenues and 465.3 billion in expenditures.
Forint Hits New Historic Low Against Major Currencies

Forint Hits New Historic Low Against Major Currencies

Concerning the forint’s new historic low against major currencies, Gulyás said monetary policy was determined by the central bank.
Energy Crisis: Winter Break at Hungarian Schools & Gov't Offices Will be Longer Than Usual

Energy Crisis: Winter Break at Hungarian Schools & Gov't Offices Will be Longer Than Usual

In an effort to save energy, the winter break at Hungarian schools will be longer than usual this year, lasting from Dec. 22 to Jan. 8, the prime minister’s chief of staff, Gergely Gulyás, told a government press briefing.
Hungary Will Avoid Economic Recession Says Economic Development Minister

Hungary Will Avoid Economic Recession Says Economic Development Minister

Hungary's economy is very strong, growth was high in Q1 and Q2 and it could be positive in Q3.
Opposition Slams Hungary’s 2023 Budget

Opposition Slams Hungary’s 2023 Budget

Hungary's parliament passed into law the government's budget for 2023 in a final vote on Tuesday, with 135 votes in favour and 54 votes against. 
No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

No Recession Coming in Hungary, Explains Economy Minister at French Chamber of Commerce Lunch Meeting

The Hungarian government is determined to avoid a recession this year, and its goal is to secure growth of 1.5% this year following a 4.5% growth in 2022, notwithstanding the mounting economic challenges, Márton Nagy, the minister of economic development said on Tuesday, opening a business lunch of the Hungarian-French Chamber of Commerce and Industry.
Budget Deficit in Hungary Now Exceeds Euro 12 Billion

Budget Deficit in Hungary Now Exceeds Euro 12 Billion

Hungary’s cash flow-based budget, excluding local councils, posted a 4,753.4 billion forint (EUR 12.1bn) deficit in 2022, the finance ministry confirmed in a detailed release of data.
Fitch Changes Outlook on Hungary BBB Rating to Negative

Fitch Changes Outlook on Hungary BBB Rating to Negative

  • 23 Jan 2023 8:41 AM
  • finance
Fitch Ratings affirmed Hungary’s investment grade BBB sovereign rating but changed the outlook to negative from stable at a scheduled review on Friday.
Forex Bonds Worth USD 4.25 Billion Issued by Hungary

Forex Bonds Worth USD 4.25 Billion Issued by Hungary

Hungary has issued forex bonds worth a total 4.25 billion dollars, the finance minister has announced.
Huge HUF Hole in Newly Approved Budapest City Budget

Huge HUF Hole in Newly Approved Budapest City Budget

The Budapest General Assembly adopted the 2023 budget on Wednesday, projecting 407.8 billion forints (EUR 990.3m) in revenues and 465.3 billion in expenditures.
Forint Hits New Historic Low Against Major Currencies

Forint Hits New Historic Low Against Major Currencies

Concerning the forint’s new historic low against major currencies, Gulyás said monetary policy was determined by the central bank.
Energy Crisis: Winter Break at Hungarian Schools & Gov't Offices Will be Longer Than Usual

Energy Crisis: Winter Break at Hungarian Schools & Gov't Offices Will be Longer Than Usual

In an effort to save energy, the winter break at Hungarian schools will be longer than usual this year, lasting from Dec. 22 to Jan. 8, the prime minister’s chief of staff, Gergely Gulyás, told a government press briefing.
Hungary Will Avoid Economic Recession Says Economic Development Minister

Hungary Will Avoid Economic Recession Says Economic Development Minister

Hungary's economy is very strong, growth was high in Q1 and Q2 and it could be positive in Q3.
Opposition Slams Hungary’s 2023 Budget

Opposition Slams Hungary’s 2023 Budget

Hungary's parliament passed into law the government's budget for 2023 in a final vote on Tuesday, with 135 votes in favour and 54 votes against.