14 result(s) for election matters in Business
Hungarian Economy Ministry Maintains Growth Projection For Years Ahead
- 4 Jan 2018 7:57 AM
- business
The economy ministry said it maintained last year’s projection of 4.1 percent GDP growth in 2017 and a 4.3 percent increase in 2018, in a statement on its macroeconomic and budgetary forecast for 2017-2021. The growth rate is seen slowing to 3.8 percent in 2019 and reaching 3.6 percent in 2021, according to the forecast.
Official: Govt Has No Plans To Squeeze Out Foreign Retail Chains
- 9 Oct 2017 8:58 AM
- business
Commissioner for trade policy Kristóf Szatmáry dismissed the suggestion that the government plans to squeeze out foreign food retailers from the market. In an interview to daily Magyar Idők, he responded to a report suggesting that after the 2018 elections, the government wants to shrink the ownership slice of food retailers held by foreign multinationals, just as they have done in the media as ...
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Hungarian-Egyptian Business Forum Held In Budapest
- 4 Jul 2017 10:00 AM
- business
Prime Minister Viktor Orbán urged a breakthrough in Hungarian-Egyptian economic ties at a bilateral business forum organised on the occasion of Egyptian President Abdul Fattah al-Sisi’s visit to Budapest on Monday.
Budgetary Discipline Key To Restoring EU Competitiveness
- 29 Dec 2016 8:00 AM
- business
Hungary and Germany agree that restoring the European Union’s competitiveness is of key importance, and this can only be achieved if all member states go back to respecting budgetary discipline, Foreign Minister Péter Szijjártó told German conservative daily Die Welt in an interview published on Wednesday.
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungarian NGOs Call For Reform Of Campaign Finance Rules
- 4 Jun 2015 9:00 AM
- business
NGOs in Hungary have turned to lawmakers with a call to reform campaign finance rules and to clean up corruption. The civil organisations Transparency International Magyarország, Átlátszó and K-Monitor together with think-tank Political Capital sent an open letter to parliamentarians to coincide with a conference held on Wednesday on transparency in local government and campaign finance.
Hungarian Economy Ministry Maintains Growth Projection For Years Ahead
- 4 Jan 2018 7:57 AM
- business
The economy ministry said it maintained last year’s projection of 4.1 percent GDP growth in 2017 and a 4.3 percent increase in 2018, in a statement on its macroeconomic and budgetary forecast for 2017-2021. The growth rate is seen slowing to 3.8 percent in 2019 and reaching 3.6 percent in 2021, according to the forecast.
Official: Govt Has No Plans To Squeeze Out Foreign Retail Chains
- 9 Oct 2017 8:58 AM
- business
Commissioner for trade policy Kristóf Szatmáry dismissed the suggestion that the government plans to squeeze out foreign food retailers from the market. In an interview to daily Magyar Idők, he responded to a report suggesting that after the 2018 elections, the government wants to shrink the ownership slice of food retailers held by foreign multinationals, just as they have done in the media as ...
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Hungarian-Egyptian Business Forum Held In Budapest
- 4 Jul 2017 10:00 AM
- business
Prime Minister Viktor Orbán urged a breakthrough in Hungarian-Egyptian economic ties at a bilateral business forum organised on the occasion of Egyptian President Abdul Fattah al-Sisi’s visit to Budapest on Monday.
Budgetary Discipline Key To Restoring EU Competitiveness
- 29 Dec 2016 8:00 AM
- business
Hungary and Germany agree that restoring the European Union’s competitiveness is of key importance, and this can only be achieved if all member states go back to respecting budgetary discipline, Foreign Minister Péter Szijjártó told German conservative daily Die Welt in an interview published on Wednesday.
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungarian NGOs Call For Reform Of Campaign Finance Rules
- 4 Jun 2015 9:00 AM
- business
NGOs in Hungary have turned to lawmakers with a call to reform campaign finance rules and to clean up corruption. The civil organisations Transparency International Magyarország, Átlátszó and K-Monitor together with think-tank Political Capital sent an open letter to parliamentarians to coincide with a conference held on Wednesday on transparency in local government and campaign finance.