3,147 result(s) for economy
The Hungarian Gov Has Been Mending The Mistakes Of The Past - Reply To The EU Communication Of 6 March
- 7 Mar 2012 12:00 AM
- current affairs
"The government has been and will be committed to achieving the deficit target. The proof of this commitment is that this is the first government since Hungary’s EU accession in 2004 which cut the budget deficit to below 3 percent.
Higher VAT And Cutbacks Boost Budget In Hungary
- 1 Mar 2012 8:01 AM
- business
"The budget recorded a Ft 107.3 billion surplus in January, in line with initial estimates, according to final data released recently by the Economy Ministry. The budget ran a Ft 122.8 billion deficit in January 2011.
Hungarian Cabinet Disputes Brussels Decision
- 29 Feb 2012 8:00 AM
- current affairs
"The European Commission’s (EC) proposal to freeze cohesion fund payments to Hungary is unfounded and unfair, the government said in response. It is impossible to comprehend why the Commission has ignored the fact that, for the first time since joining the EU, Hungary's budget deficit was below 3% of GDP in 2011 and will remain under that figure this year, prime ministerial spokesman Peter ...
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.
Hungarian Government Aims To Hit Deficit Targets With Spending Cuts
- 28 Feb 2012 8:00 AM
- business
"The government aims to bring the budget deficit down to 2.5% of GDP this year and to 2.2% by 2013, with new fiscal measures, largely affecting subsidies for drugs and Budapest public transport company BKV, Economy Ministry undersecretary Peter Beno Banai said. The government will reduce spending by Ft 28-30 billion, or 0.1% of GDP this year, and some Ft 120 billion next year, or 0.4% of GDP, ...
Press Statement By The U.S. Embassy In Budapest
- 28 Feb 2012 8:00 AM
- current affairs
"On February 23-25, Representative Dan Burton (R-IN) led a delegation from the U.S. House of Representatives to Budapest, Hungary. While in Hungary, the delegation met with Prime Minister Viktor Orban, Foreign Minister Janos Martonyi, members of parliament, government officials, civil society representatives, leaders of religious organizations and the American Chamber of Commerce.
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
Weekend Trip From Budapest To Manchester
- 20 Feb 2012 10:30 AM
- travel
When expats chat about taking a weekend break in the UK, London is usually the city on their itinerary. Now Malev Hungarian Airlines is history the number of flights to the English capital has decreased, prompting more travellers to consider exploring Manchester, the 'second city of the UK'.
Socialists Greet “Hunger Marchers” At Parliament In Budapest
- 15 Feb 2012 8:00 AM
- current affairs
"The hunger marchers who left Miskolc last Monday arrived outside Parliament yesterday afternoon after braving the cold weather to cover some 200 kilometres to promote their request for work and bread. Almost the entire Socialist caucus as well as two LMP MPs who had marched with them were on hand on to welcome the group.
The Hungarian Gov Has Been Mending The Mistakes Of The Past - Reply To The EU Communication Of 6 March
- 7 Mar 2012 12:00 AM
- current affairs
"The government has been and will be committed to achieving the deficit target. The proof of this commitment is that this is the first government since Hungary’s EU accession in 2004 which cut the budget deficit to below 3 percent.
Higher VAT And Cutbacks Boost Budget In Hungary
- 1 Mar 2012 8:01 AM
- business
"The budget recorded a Ft 107.3 billion surplus in January, in line with initial estimates, according to final data released recently by the Economy Ministry. The budget ran a Ft 122.8 billion deficit in January 2011.
Hungarian Cabinet Disputes Brussels Decision
- 29 Feb 2012 8:00 AM
- current affairs
"The European Commission’s (EC) proposal to freeze cohesion fund payments to Hungary is unfounded and unfair, the government said in response. It is impossible to comprehend why the Commission has ignored the fact that, for the first time since joining the EU, Hungary's budget deficit was below 3% of GDP in 2011 and will remain under that figure this year, prime ministerial spokesman Peter ...
EU Threatens To Withhold Funds From Hungary Over Budget Indiscipline
- 28 Feb 2012 8:00 AM
- business
"The European Commission (EC) yesterday proposed to withhold the transfer of some €495 million of cohesion funds to Hungary from 2013, if the government does not demonstrate the capacity to keep the budget deficit below 3% of GDP in a sustainable manner, EU Finance Commissioner Olli Rehn and Regions Commissioner Johannes Hahn announced last week.
Hungarian Government Aims To Hit Deficit Targets With Spending Cuts
- 28 Feb 2012 8:00 AM
- business
"The government aims to bring the budget deficit down to 2.5% of GDP this year and to 2.2% by 2013, with new fiscal measures, largely affecting subsidies for drugs and Budapest public transport company BKV, Economy Ministry undersecretary Peter Beno Banai said. The government will reduce spending by Ft 28-30 billion, or 0.1% of GDP this year, and some Ft 120 billion next year, or 0.4% of GDP, ...
Press Statement By The U.S. Embassy In Budapest
- 28 Feb 2012 8:00 AM
- current affairs
"On February 23-25, Representative Dan Burton (R-IN) led a delegation from the U.S. House of Representatives to Budapest, Hungary. While in Hungary, the delegation met with Prime Minister Viktor Orban, Foreign Minister Janos Martonyi, members of parliament, government officials, civil society representatives, leaders of religious organizations and the American Chamber of Commerce.
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
Weekend Trip From Budapest To Manchester
- 20 Feb 2012 10:30 AM
- travel
When expats chat about taking a weekend break in the UK, London is usually the city on their itinerary. Now Malev Hungarian Airlines is history the number of flights to the English capital has decreased, prompting more travellers to consider exploring Manchester, the 'second city of the UK'.
Socialists Greet “Hunger Marchers” At Parliament In Budapest
- 15 Feb 2012 8:00 AM
- current affairs
"The hunger marchers who left Miskolc last Monday arrived outside Parliament yesterday afternoon after braving the cold weather to cover some 200 kilometres to promote their request for work and bread. Almost the entire Socialist caucus as well as two LMP MPs who had marched with them were on hand on to welcome the group.















