133 result(s) for budget deficit in Current Affairs
Private Pension Funds To Be Eliminated In Hungary By 2015
- 25 Nov 2014 8:00 AM
- current affairs
Reuters has reported that Hungary’s mandatory private pension funds could be eliminated by the end of this year if a new government measure that requires a highly active membership is passed. The Hungarian government has already been tapping the private schemes since 2010 for 360 billion forints (0.96 billion pounds) a year to cut the state budget deficit.
Orbán Outlines Hungary’s Development Plans
- 20 Nov 2014 8:00 AM
- current affairs
In the years ahead, the government plans to implement the largest economic development programme of all time, the prime minister said. Every Hungarian home will be connected to broadband internet, and by 2018 all motorways will be extended to the border.
Xpat Opinion: US Pressure On Hungary Is Here To Stay
- 13 Nov 2014 11:35 AM
- current affairs
Analysts agree that the American pressure on Hungary is largely motivated by geopolitical considerations and is bound to increase unless the government makes resolute concessions. They admit however that it is difficult for Hungary’s leaders to retreat from positions they have vehemently defended so far.
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.
Private Pension Funds To Be Eliminated In Hungary By 2015
- 25 Nov 2014 8:00 AM
- current affairs
Reuters has reported that Hungary’s mandatory private pension funds could be eliminated by the end of this year if a new government measure that requires a highly active membership is passed. The Hungarian government has already been tapping the private schemes since 2010 for 360 billion forints (0.96 billion pounds) a year to cut the state budget deficit.
Orbán Outlines Hungary’s Development Plans
- 20 Nov 2014 8:00 AM
- current affairs
In the years ahead, the government plans to implement the largest economic development programme of all time, the prime minister said. Every Hungarian home will be connected to broadband internet, and by 2018 all motorways will be extended to the border.
Xpat Opinion: US Pressure On Hungary Is Here To Stay
- 13 Nov 2014 11:35 AM
- current affairs
Analysts agree that the American pressure on Hungary is largely motivated by geopolitical considerations and is bound to increase unless the government makes resolute concessions. They admit however that it is difficult for Hungary’s leaders to retreat from positions they have vehemently defended so far.
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.