• 16 Jul 2026

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175 result(s) for budget deficit

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. 
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.
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. 
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.