85 result(s) for eu financial framework
Hungary’s Family Support System ‘Unique’ In Europe, Says Minister On International Women’s Day
- 12 Mar 2016 8:00 AM
- community & culture
In Europe there is not such a complex and broad family support system as is found in Hungary, the minister of human resources told a conference on Tuesday, marking International Women’s Day. Zoltán Balog told the event that 4 percent of the Hungarian budget is devoted to providing financial support for families as against the European average of 2.5 percent.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Xpat Opinion: Meet Hungary’s Deputy PM, KDNP Chairman Zsolt Semjén
- 5 Jan 2016 12:00 AM
- current affairs
(KDNP Chairman) Zsolt Semjén says 2015 was maybe the most successful year for Hungary’s national politics. The deputy prime mister told this to Kossuth Radio’s “Without borders” (“Határok nélkül”) program.
In his assessment of the year and the situation, he said that the national political program which the government initiated five years ago works “without bumps’”.
In his assessment of the year and the situation, he said that the national political program which the government initiated five years ago works “without bumps’”.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
EC Decision On Migrant Aid For Hungary Expected Soon
- 26 Aug 2015 9:00 AM
- current affairs
The European Commission will decide on extraordinary aid for Hungary for handling the influx of migrants in an expedited procedure, a spokesperson said. Hungary will be allocated 85 million euros for this purpose in the 2014-2020 financial framework, Natasha Bertaud said, adding that any fast aid above that would have to be requested separately.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.
Hungary’s Family Support System ‘Unique’ In Europe, Says Minister On International Women’s Day
- 12 Mar 2016 8:00 AM
- community & culture
In Europe there is not such a complex and broad family support system as is found in Hungary, the minister of human resources told a conference on Tuesday, marking International Women’s Day. Zoltán Balog told the event that 4 percent of the Hungarian budget is devoted to providing financial support for families as against the European average of 2.5 percent.
Brokers Pocket HUF 74 Billion Selling Hungarian Settlement Bonds
- 21 Jan 2016 10:35 AM
- business
1145 foreigners were granted residency permits in Hungary in 2015 after purchasing settlement bonds. Magyar Nemzet reports that offshore companies brokering the sale of the bonds have made between HUF 74 billion (USD 255 million) and HUF 95 billion (USD 328 million) since the program was launched three years ago.
Xpat Opinion: Meet Hungary’s Deputy PM, KDNP Chairman Zsolt Semjén
- 5 Jan 2016 12:00 AM
- current affairs
(KDNP Chairman) Zsolt Semjén says 2015 was maybe the most successful year for Hungary’s national politics. The deputy prime mister told this to Kossuth Radio’s “Without borders” (“Határok nélkül”) program.
In his assessment of the year and the situation, he said that the national political program which the government initiated five years ago works “without bumps’”.
In his assessment of the year and the situation, he said that the national political program which the government initiated five years ago works “without bumps’”.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
EC Decision On Migrant Aid For Hungary Expected Soon
- 26 Aug 2015 9:00 AM
- current affairs
The European Commission will decide on extraordinary aid for Hungary for handling the influx of migrants in an expedited procedure, a spokesperson said. Hungary will be allocated 85 million euros for this purpose in the 2014-2020 financial framework, Natasha Bertaud said, adding that any fast aid above that would have to be requested separately.
Meet Lajos Simicska: Fidesz’s Enigmatic Oligarch
- 12 Feb 2015 8:00 AM
- current affairs
“From the time of its founding Fidesz did not have outside supporters. We wanted to avoid being beholden to domestic and foreign groups, and for this reason had to develop our own sources of income.” – Lajos Simicska, Fidesz economic director, October 1994 “Hungary needs large Hungarian companies in the financial sector, the insurance […]
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Xpat Opnion: First State-Owned Hungarian Bank Is Already In Trouble
- 19 Dec 2014 12:00 AM
- current affairs
Great interest preceded a press conference held jointly by Prime Minister Viktor Orbán and György Matolcsy, governor of the Hungarian National Bank (HNB), this morning. What was so important that these two men would have to appear together in public? It had to be something momentous. Well, it was. The newly “nationalized” Magyar Külkereskedemi Bank (MKB) is in serious trouble and the Hungarian ...
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.