• 22 Nov 2024

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370 result(s) for budget deficit

Inflation to Peak in Autumn, Says National Bank of Hungary Director

Inflation to Peak in Autumn, Says National Bank of Hungary Director

Inflation is expected to peak in autumn 2022, then gradually subside until it reaches the central bank’s tolerance band at the end of 2023, and the NBH target of 3% by 2024 H1, according to Gergely Baksay, director of the National Bank of Hungary (NBH).
Hungary 'Never Proud to be an Outlier in EU'', Say PM's Chief of Staff

Hungary 'Never Proud to be an Outlier in EU'', Say PM's Chief of Staff

Hungary's government aims to find allies and is never proud to be an outlier in "regrettable" debates in the European Union, the prime minister's chief of staff said. But sometimes combatting Brussels necessary to thwart decisions that don’t take Hungary’s interests into consideration, Gergely Gulyás said in an interview with public media website hirado.hu.
Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

The cabinet has decided to set up a fund for protecting the cap on utility bills and is introducing a tax on extra profits to finance it, Márton Nagy, the minister of economic development, said in an interview to public radio on Sunday.
Wizz Air to Pass on Windfall Tax to Passengers

Wizz Air to Pass on Windfall Tax to Passengers

The windfall tax on airlines will hit Wizz Air particularly hard and slow down the recovery of the sector after heavy losses suffered during the pandemic, chairman Robert Carey told HVG.
Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Economists across the political spectrum investigate the causes and possible remedies of soaring inflation.
Paks Nuclear Plant Upgrade to Continue

Paks Nuclear Plant Upgrade to Continue

Concerning the upgrade of Hungary’s Paks nuclear plant, PM Orbán said that Hungary had a general objection against European sanctions against Russia, but “since unity within the EU is important, Hungary approves such measures unless they do not impact vital Hungarian interests”.
Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Hungary’s cash flow-based budget deficit, excluding local councils, was 1,433.7 billion forints at the end of February, lifted by tax refunds, pensioner and public sector bonuses and a payroll tax cut, a first reading of data released by the Finance Ministry on Tuesday shows.
Hungary’s Budget Deficit Reaches HUF 5,101.5 Billion for 2021

Hungary’s Budget Deficit Reaches HUF 5,101.5 Billion for 2021

Hungary’s cash flow-based budget deficit, excluding local councils, reached 5,101.5 billion forints (EUR 14.2bn) at the end of December, the finance ministry said in a preliminary reading of data released on Tuesday.
Hungarian Opposition Parties Promise Public Debt Reduction Without Austerity

Hungarian Opposition Parties Promise Public Debt Reduction Without Austerity

Politicians of opposition Jobbik, Momentum and Párbeszéd told a joint press conference on Monday that they would reduce public debt from its current record high without introducing austerity measures if the opposition came to power in the spring election.
Inflation to Peak in Autumn, Says National Bank of Hungary Director

Inflation to Peak in Autumn, Says National Bank of Hungary Director

Inflation is expected to peak in autumn 2022, then gradually subside until it reaches the central bank’s tolerance band at the end of 2023, and the NBH target of 3% by 2024 H1, according to Gergely Baksay, director of the National Bank of Hungary (NBH).
Hungary 'Never Proud to be an Outlier in EU'', Say PM's Chief of Staff

Hungary 'Never Proud to be an Outlier in EU'', Say PM's Chief of Staff

Hungary's government aims to find allies and is never proud to be an outlier in "regrettable" debates in the European Union, the prime minister's chief of staff said. But sometimes combatting Brussels necessary to thwart decisions that don’t take Hungary’s interests into consideration, Gergely Gulyás said in an interview with public media website hirado.hu.
Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

Firms Monitored To Stop 'Extra Profit' Tax Being Passed to Consumers, Says Minister

The cabinet has decided to set up a fund for protecting the cap on utility bills and is introducing a tax on extra profits to finance it, Márton Nagy, the minister of economic development, said in an interview to public radio on Sunday.
Wizz Air to Pass on Windfall Tax to Passengers

Wizz Air to Pass on Windfall Tax to Passengers

The windfall tax on airlines will hit Wizz Air particularly hard and slow down the recovery of the sector after heavy losses suffered during the pandemic, chairman Robert Carey told HVG.
Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Hungarian Opinion: Inflation Higher, Growth Rate Lower Than Expected

Economists across the political spectrum investigate the causes and possible remedies of soaring inflation.
Paks Nuclear Plant Upgrade to Continue

Paks Nuclear Plant Upgrade to Continue

Concerning the upgrade of Hungary’s Paks nuclear plant, PM Orbán said that Hungary had a general objection against European sanctions against Russia, but “since unity within the EU is important, Hungary approves such measures unless they do not impact vital Hungarian interests”.
Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Details Released for Hungary's Budget Deficit of HUF 1,434 Billion

Hungary’s cash flow-based budget deficit, excluding local councils, was 1,433.7 billion forints at the end of February, lifted by tax refunds, pensioner and public sector bonuses and a payroll tax cut, a first reading of data released by the Finance Ministry on Tuesday shows.
Hungary’s Budget Deficit Reaches HUF 5,101.5 Billion for 2021

Hungary’s Budget Deficit Reaches HUF 5,101.5 Billion for 2021

Hungary’s cash flow-based budget deficit, excluding local councils, reached 5,101.5 billion forints (EUR 14.2bn) at the end of December, the finance ministry said in a preliminary reading of data released on Tuesday.
Hungarian Opposition Parties Promise Public Debt Reduction Without Austerity

Hungarian Opposition Parties Promise Public Debt Reduction Without Austerity

Politicians of opposition Jobbik, Momentum and Párbeszéd told a joint press conference on Monday that they would reduce public debt from its current record high without introducing austerity measures if the opposition came to power in the spring election.