133 result(s) for budget deficit in Current Affairs
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Xpat Opinion: New Reactions To Adjustment Package In Hungary
- 10 Oct 2012 9:02 AM
- current affairs
The editorial of a pro-government daily describes the package as a necessity under the constraints of the global economic crisis, while a centrist economist dismisses it as yet another unrealistic plan.
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Hungarian Alternative Proposal To Be Sent To IMF/EU Early This Week
- 18 Sep 2012 9:02 AM
- current affairs
"On Tuesday or Wednesday, the Government will send the IMF and the EU an alternative proposal in connection with loan negotiations in line with the economic policies pursued over the past two years", chief negotiator Mihály Varga said on Monday. In order to have the opportunity to make changes to the budget if necessary, the Government has requested the postponement of the vote on the 2013 budget ...
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Viktor Orbán: There Will Be An Agreement Between IMF And Hungary
- 10 Sep 2012 9:00 AM
- current affairs
According to Prime Minister Viktor Orbán, there will be an agreement between the Hungarian government and the International Monetary Fund, but not based on the conditions that were revealed on Thursday. This is why the cabinet is elaborating alternative IMF/EU negotiation positions – he added on Kossuth Radio's 180 minutes program.
Xpat Opinion: Is Hungary Playing For Time With The IMF?
- 9 Aug 2012 12:55 PM
- current affairs
A conservative columnist suspects that the government will only revise its controversial fiscal policy and budget forecasts for next year if forced to do so by financial markets.
EU - IMF - Hungary Talks May Already Begin In July
- 9 Jul 2012 9:04 AM
- current affairs
90% of Hungarian Parliament voted in favour of modifying the Central Bank Act, announced Mihály Varga, the Minister in charge of IMF Talks on Friday. The minister explained that the most important elements of the proposal were retained.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Xpat Opinion: New Reactions To Adjustment Package In Hungary
- 10 Oct 2012 9:02 AM
- current affairs
The editorial of a pro-government daily describes the package as a necessity under the constraints of the global economic crisis, while a centrist economist dismisses it as yet another unrealistic plan.
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Hungarian Alternative Proposal To Be Sent To IMF/EU Early This Week
- 18 Sep 2012 9:02 AM
- current affairs
"On Tuesday or Wednesday, the Government will send the IMF and the EU an alternative proposal in connection with loan negotiations in line with the economic policies pursued over the past two years", chief negotiator Mihály Varga said on Monday. In order to have the opportunity to make changes to the budget if necessary, the Government has requested the postponement of the vote on the 2013 budget ...
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Viktor Orbán: There Will Be An Agreement Between IMF And Hungary
- 10 Sep 2012 9:00 AM
- current affairs
According to Prime Minister Viktor Orbán, there will be an agreement between the Hungarian government and the International Monetary Fund, but not based on the conditions that were revealed on Thursday. This is why the cabinet is elaborating alternative IMF/EU negotiation positions – he added on Kossuth Radio's 180 minutes program.
Xpat Opinion: Is Hungary Playing For Time With The IMF?
- 9 Aug 2012 12:55 PM
- current affairs
A conservative columnist suspects that the government will only revise its controversial fiscal policy and budget forecasts for next year if forced to do so by financial markets.
EU - IMF - Hungary Talks May Already Begin In July
- 9 Jul 2012 9:04 AM
- current affairs
90% of Hungarian Parliament voted in favour of modifying the Central Bank Act, announced Mihály Varga, the Minister in charge of IMF Talks on Friday. The minister explained that the most important elements of the proposal were retained.