1,052 result(s) for economic policy
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
EIB Almost Doubled Its Support To Hungary In 2015
- 11 Mar 2016 8:00 AM
- business
In 2015 in Hungary the European Investment Bank signed new loans amounting to EUR 1.42bn, representing the highest level over the period of the past three years.
NBH Deputy Governor Says Cutting Key Rate This Year Very Likely
- 11 Mar 2016 8:00 AM
- business
It is “very likely” that the central bank will cuts its key rate— currently 1.35%—this year, National Bank of Hungary (NBH) deputy governor Márton Nagy said at a conference of business weekly Figyelő. Nagy said the risk of the NBH missing its CPI target is great under current monetary conditions, Hungary instantly imports low external CPI, inflation expectations have never been this low and risk ...
Csepreghy Urges New EU Approach To Global Challenges
- 10 Mar 2016 8:00 AM
- current affairs
The European Union must adopt a new approach to global challenges, Nándor Csepreghy, the state secretary of the Prime Minister’s Office, said at an international conference in Budapest. Europe’s strength in the world after the economic and financial crisis depends on seeking unorthodox solutions to its challenges, he said at the think.
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
PM Orbán On Foreign Policy
- 29 Feb 2016 8:00 AM
- current affairs
The era of building a civic Hungary based on national-Christian values has begun,
Prime Minister Viktor Orbán said in a state of the nation speech. Orbán also discussed the principles of his government’s foreign policy, which he said include peace, cooperation, trade, mutual investment, regional balance and national interests. He said Berlin, Moscow and Ankara represent the three points of ...
Varga: Hungary Deserves Ratings Upgrade
- 29 Feb 2016 3:00 AM
- business
Based on the figures and facts, Hungary would have deserved a ratings upgrade for a long time, Economy Minister Mihály Varga said, commenting on Moody’s forthcoming assessment of Hungary’s credit rating this week.
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
EIB Almost Doubled Its Support To Hungary In 2015
- 11 Mar 2016 8:00 AM
- business
In 2015 in Hungary the European Investment Bank signed new loans amounting to EUR 1.42bn, representing the highest level over the period of the past three years.
NBH Deputy Governor Says Cutting Key Rate This Year Very Likely
- 11 Mar 2016 8:00 AM
- business
It is “very likely” that the central bank will cuts its key rate— currently 1.35%—this year, National Bank of Hungary (NBH) deputy governor Márton Nagy said at a conference of business weekly Figyelő. Nagy said the risk of the NBH missing its CPI target is great under current monetary conditions, Hungary instantly imports low external CPI, inflation expectations have never been this low and risk ...
Csepreghy Urges New EU Approach To Global Challenges
- 10 Mar 2016 8:00 AM
- current affairs
The European Union must adopt a new approach to global challenges, Nándor Csepreghy, the state secretary of the Prime Minister’s Office, said at an international conference in Budapest. Europe’s strength in the world after the economic and financial crisis depends on seeking unorthodox solutions to its challenges, he said at the think.
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
PM Orbán On Foreign Policy
- 29 Feb 2016 8:00 AM
- current affairs
The era of building a civic Hungary based on national-Christian values has begun,
Prime Minister Viktor Orbán said in a state of the nation speech. Orbán also discussed the principles of his government’s foreign policy, which he said include peace, cooperation, trade, mutual investment, regional balance and national interests. He said Berlin, Moscow and Ankara represent the three points of ...
Varga: Hungary Deserves Ratings Upgrade
- 29 Feb 2016 3:00 AM
- business
Based on the figures and facts, Hungary would have deserved a ratings upgrade for a long time, Economy Minister Mihály Varga said, commenting on Moody’s forthcoming assessment of Hungary’s credit rating this week.
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.