17 result(s) for cabinet meeting in Business
Hungarian Gov’t Ready To Renationalise Dunaferr
- 21 Aug 2013 9:00 AM
- business
The government will offer to buy back the Dunaferr steelworks, Economy Minister Mihály Varga announced on Monday following a cabinet meeting. The government considers the privatisation of the steel works a mistake, Varga said, adding that the price will be very important.
Hungary's PM: No Wage Hikes From Loans
- 2 Aug 2012 9:00 AM
- business
The cabinet is open to the cause of higher pay, but firmly maintains that wages may not be raised nor can a social welfare system be built from loans, Prime Minister Viktor Orban said last week after meeting with Liga unions leader Istvan Gasko and Workers Councils president Imre Palkovics.
Ministry Submits Amendments To Hungary's Central Bank Law
- 18 Apr 2012 9:00 AM
- business
"The cabinet late Tuesday submitted to Parliament motions to strengthen the independence of the central bank, a precondition for the start of loan talks with the IMF, the Economy Ministry announced. Government representatives discussed the central bank law with the EU, the IMF, the MNB and the European Central Bank in Frankfurt on Monday.
EU Orders Malév Hungarian Airlines To Repay State Aid
- 12 Jan 2012 10:35 AM
- business
"The European Commission yesterday ordered Malév to repay almost Ft 100 billion to the state, after ruling that government financial assistance for the airline during 2007-10 constituted illegal state aid. In essence, the EU competition authority found that Malév could not have obtained such financing from the market on similar conditions as offered by the state.
Hungarian Cabinet Promises To Announce Reforms In February
- 15 Dec 2010 12:00 AM
- business
"Hungary's structural reform plans, officially entitled the Hungarian Growth and Stability Programme, will be finalised by late February, government spokeswoman Anna Nagy announced after the cabinet held its weekly meeting.
ECB Warns Hungarian Gov’t Against Cutting MNB Salaries
- 14 Jul 2010 2:00 AM
- business
"The European Central Bank (ECB) has told the Hungarian government that draft legislation on the salaries of senior National Bank (MNB) officials “should be amended to comply with the principle of central bank independence” and that the MNB should be involved in the drafting process.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
Hungarian Gov’t Ready To Renationalise Dunaferr
- 21 Aug 2013 9:00 AM
- business
The government will offer to buy back the Dunaferr steelworks, Economy Minister Mihály Varga announced on Monday following a cabinet meeting. The government considers the privatisation of the steel works a mistake, Varga said, adding that the price will be very important.
Hungary's PM: No Wage Hikes From Loans
- 2 Aug 2012 9:00 AM
- business
The cabinet is open to the cause of higher pay, but firmly maintains that wages may not be raised nor can a social welfare system be built from loans, Prime Minister Viktor Orban said last week after meeting with Liga unions leader Istvan Gasko and Workers Councils president Imre Palkovics.
Ministry Submits Amendments To Hungary's Central Bank Law
- 18 Apr 2012 9:00 AM
- business
"The cabinet late Tuesday submitted to Parliament motions to strengthen the independence of the central bank, a precondition for the start of loan talks with the IMF, the Economy Ministry announced. Government representatives discussed the central bank law with the EU, the IMF, the MNB and the European Central Bank in Frankfurt on Monday.
EU Orders Malév Hungarian Airlines To Repay State Aid
- 12 Jan 2012 10:35 AM
- business
"The European Commission yesterday ordered Malév to repay almost Ft 100 billion to the state, after ruling that government financial assistance for the airline during 2007-10 constituted illegal state aid. In essence, the EU competition authority found that Malév could not have obtained such financing from the market on similar conditions as offered by the state.
Hungarian Cabinet Promises To Announce Reforms In February
- 15 Dec 2010 12:00 AM
- business
"Hungary's structural reform plans, officially entitled the Hungarian Growth and Stability Programme, will be finalised by late February, government spokeswoman Anna Nagy announced after the cabinet held its weekly meeting.
ECB Warns Hungarian Gov’t Against Cutting MNB Salaries
- 14 Jul 2010 2:00 AM
- business
"The European Central Bank (ECB) has told the Hungarian government that draft legislation on the salaries of senior National Bank (MNB) officials “should be amended to comply with the principle of central bank independence” and that the MNB should be involved in the drafting process.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.