1,626 result(s) for economy minister
New Fiscal Plans In Hungary Hit OTP Shares Hard
- 24 Oct 2012 9:00 AM
- business
OTP shares plunged as much as 9% at one point yesterday after Economy Minister Gyorgy Matolcsy announced that the bank tax would remain in full effect next year, and that the tax on financial transactions would be doubled to 0.2%.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
The Hungarian Government Announces A New Set Of Fiscal Measures
- 18 Oct 2012 9:00 AM
- current affairs
Although the Hungarian Government, along with leading financial analysts, forecasted that the fiscal adjustment measures announced earlier in October would be sufficient to meet the 2013 budget targets, the Government has decided to complement those measures with a further adjustment package worth 367 billion forints (EUR 1.3bn) in 2013, thus avoiding any new steps in the Excessive Deficit ...
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
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 ...
Hungarian Government Will Announce Action Plans Aimed At The Lower Middle Class In 2013
- 15 Oct 2012 9:01 AM
- current affairs
On Kossuth public radio station the Hungarian prime minister confirmed on Friday that action will be taken in support of the lower middle class next year, adding that Hungary is not far from coming to a ‘good agreement’ with the International Monetary Fund.
EuCham.eu Contributes To Bled Strategic Forum 2012
- 15 Oct 2012 9:00 AM
- business
The Bled Strategic Forum 2012 gathered economic, political and social leaders from all CEE and Balkans, joined by top officials of other institutions. Prime ministers, presidents and leaders from dozens of countries were invited to discuss on the reshaped global order. EuCham, the OECD Secretary General, the EBRD President, the EU Environment Commissioner and the Slovakian Deputy prime minister ...
Xpat Opinion: Disappointment Following A Postponed Teachers’ Pay Raise In Hungary
- 15 Oct 2012 9:00 AM
- current affairs
Left-of-centre, centrist and pro-government commentators are all appalled by the sudden move announced as part of a 400 billion HUF fiscal package. Early last week, Minister of the Economy György Matolcsy announced as part of his adjustment package that the planned introduction of a “career path” for teachers, comprising an immediate 30 per cent pay raise, will be postponed by four months, from ...
Joint Press Briefing Held In Berlin By Hungarian PM & German Chancellor
- 12 Oct 2012 9:02 AM
- current affairs
After talks with Hungarian Prime Minister Viktor Orbán, German Chancellor Angela Merkel said that she welcomes the fact that the Hungarian government is following the European Commission's guidance on recent contested issues; Viktor Orbán said that after weaker performance in 2012, Hungary's economy will turn the corner next year.
New Fiscal Plans In Hungary Hit OTP Shares Hard
- 24 Oct 2012 9:00 AM
- business
OTP shares plunged as much as 9% at one point yesterday after Economy Minister Gyorgy Matolcsy announced that the bank tax would remain in full effect next year, and that the tax on financial transactions would be doubled to 0.2%.
Hungary's PM Orbán Says Bank Tax Won’t Cause Harm
- 19 Oct 2012 9:04 AM
- business
The cabinet’s decision not to cut the bank tax in half next year as promised will not harm the Hungarian economy, Prime Minister Viktor Orbán said Thursday. Speaking to Bloomberg news in Bucharest, he said banks have already stopped lending and a deleveraging process is underway. The tax on banks will have no effect on economic activity, he added.
The Hungarian Government Announces A New Set Of Fiscal Measures
- 18 Oct 2012 9:00 AM
- current affairs
Although the Hungarian Government, along with leading financial analysts, forecasted that the fiscal adjustment measures announced earlier in October would be sufficient to meet the 2013 budget targets, the Government has decided to complement those measures with a further adjustment package worth 367 billion forints (EUR 1.3bn) in 2013, thus avoiding any new steps in the Excessive Deficit ...
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
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 ...
Hungarian Government Will Announce Action Plans Aimed At The Lower Middle Class In 2013
- 15 Oct 2012 9:01 AM
- current affairs
On Kossuth public radio station the Hungarian prime minister confirmed on Friday that action will be taken in support of the lower middle class next year, adding that Hungary is not far from coming to a ‘good agreement’ with the International Monetary Fund.
EuCham.eu Contributes To Bled Strategic Forum 2012
- 15 Oct 2012 9:00 AM
- business
The Bled Strategic Forum 2012 gathered economic, political and social leaders from all CEE and Balkans, joined by top officials of other institutions. Prime ministers, presidents and leaders from dozens of countries were invited to discuss on the reshaped global order. EuCham, the OECD Secretary General, the EBRD President, the EU Environment Commissioner and the Slovakian Deputy prime minister ...
Xpat Opinion: Disappointment Following A Postponed Teachers’ Pay Raise In Hungary
- 15 Oct 2012 9:00 AM
- current affairs
Left-of-centre, centrist and pro-government commentators are all appalled by the sudden move announced as part of a 400 billion HUF fiscal package. Early last week, Minister of the Economy György Matolcsy announced as part of his adjustment package that the planned introduction of a “career path” for teachers, comprising an immediate 30 per cent pay raise, will be postponed by four months, from ...
Joint Press Briefing Held In Berlin By Hungarian PM & German Chancellor
- 12 Oct 2012 9:02 AM
- current affairs
After talks with Hungarian Prime Minister Viktor Orbán, German Chancellor Angela Merkel said that she welcomes the fact that the Hungarian government is following the European Commission's guidance on recent contested issues; Viktor Orbán said that after weaker performance in 2012, Hungary's economy will turn the corner next year.