• 22 Nov 2024

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11 result(s) for economic protection measures in Finance

'Flawed' Pension Policy: Hungary’s Economy “In Big Trouble”, According to Opposition

'Flawed' Pension Policy: Hungary’s Economy “In Big Trouble”, According to Opposition

Hungary’s economy “is in big trouble”, according to the opposition Socialists, who slammed the government’s “flawed” pensions policy.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
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.
'Now Not the Time for Budget Cuts', Says Finance Minister

'Now Not the Time for Budget Cuts', Says Finance Minister

Economic policy should be focused on supporting investments, creating jobs and recovering capacities lost to the crisis caused by the coronavirus pandemic, Hungary’s finance minister said after a meeting with his Visegrad Group counterparts in Warsaw.
IMF & EBRD Raises Hungary GDP Growth Forecast

IMF & EBRD Raises Hungary GDP Growth Forecast

The International Monetary Fund (IMF) has revised its forecast of Hungary’s economic growth to 6.2% in 2021, from a projected 4.3% in May, Finance Minister Mihály Varga said.
Finance Ministry Now Projects 4.3% Economic Growth This Year

Finance Ministry Now Projects 4.3% Economic Growth This Year

The finance ministry has submitted to parliament the amendment to the 2021 budget on continued allocation of funds for coronavirus protection and economic recovery measures, the ministry said in a statement.
Budget Deficit 8.1% / GDP In 2020

Budget Deficit 8.1% / GDP In 2020

Hungary’s budget ran a 3,870 billion forint (EUR 10.7bn) deficit last year, equivalent to 8.1% of GDP, data released by the Central Statistical Office (KSH) show.
Budapest Mayor & Opposition Lambast Government Budget Bill

Budapest Mayor & Opposition Lambast Government Budget Bill

The government’s 2021 budget bill would “extremely seriously” impact not only local governments but local communities, too, Budapest Mayor Gergely Karácsony said, adding that the budget was “against the interests of the nation”.
'Flawed' Pension Policy: Hungary’s Economy “In Big Trouble”, According to Opposition

'Flawed' Pension Policy: Hungary’s Economy “In Big Trouble”, According to Opposition

Hungary’s economy “is in big trouble”, according to the opposition Socialists, who slammed the government’s “flawed” pensions policy.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
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.
'Now Not the Time for Budget Cuts', Says Finance Minister

'Now Not the Time for Budget Cuts', Says Finance Minister

Economic policy should be focused on supporting investments, creating jobs and recovering capacities lost to the crisis caused by the coronavirus pandemic, Hungary’s finance minister said after a meeting with his Visegrad Group counterparts in Warsaw.
IMF & EBRD Raises Hungary GDP Growth Forecast

IMF & EBRD Raises Hungary GDP Growth Forecast

The International Monetary Fund (IMF) has revised its forecast of Hungary’s economic growth to 6.2% in 2021, from a projected 4.3% in May, Finance Minister Mihály Varga said.
Finance Ministry Now Projects 4.3% Economic Growth This Year

Finance Ministry Now Projects 4.3% Economic Growth This Year

The finance ministry has submitted to parliament the amendment to the 2021 budget on continued allocation of funds for coronavirus protection and economic recovery measures, the ministry said in a statement.
Budget Deficit 8.1% / GDP In 2020

Budget Deficit 8.1% / GDP In 2020

Hungary’s budget ran a 3,870 billion forint (EUR 10.7bn) deficit last year, equivalent to 8.1% of GDP, data released by the Central Statistical Office (KSH) show.
Budapest Mayor & Opposition Lambast Government Budget Bill

Budapest Mayor & Opposition Lambast Government Budget Bill

The government’s 2021 budget bill would “extremely seriously” impact not only local governments but local communities, too, Budapest Mayor Gergely Karácsony said, adding that the budget was “against the interests of the nation”.