55 result(s) for euro convergence
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
EC: Substantial Fiscal Effort Needed In 2018 For Hungary To Meet Requirements
- 23 May 2017 8:50 AM
- finance
The European Commission recommends that Hungary in 2017 and 2018 pursue its fiscal policy in line with the requirements of the preventive arm of the Stability and Growth Pact, which translates into a substantial fiscal effort for 2018, the EC said in its draft country-specific recommendation published on Monday.
EC Official: Hungary ‘Healthier Than EU Average’
- 28 Mar 2017 7:28 AM
- health & wellness
Hungary has a stable economy “belonging to the healthier half” of the EU member states, a country whose economic growth is primarily driven by consumption, István Székely, Director of the European Commission’s Directorate-General for Economic and Financial Affairs, said in parliament’s European affairs committee on Monday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
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 ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Hungary’s Fidesz Leader Discusses Immigration, Ukraine With German CU/CSU MP
- 22 Jan 2015 8:00 AM
- current affairs
Antal Rogán, the group leader of ruling Fidesz met Arnold Vaatz, deputy group leader of CDU/CSU in the German parliament, for talks in Budapest. The two politicians discussed the issue of immigration and the situation in Ukraine, among other topics. Speaking to reporters after the talks, Vaatz said the immigration issue required a humanitarian solution in line with European values.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
EC: Substantial Fiscal Effort Needed In 2018 For Hungary To Meet Requirements
- 23 May 2017 8:50 AM
- finance
The European Commission recommends that Hungary in 2017 and 2018 pursue its fiscal policy in line with the requirements of the preventive arm of the Stability and Growth Pact, which translates into a substantial fiscal effort for 2018, the EC said in its draft country-specific recommendation published on Monday.
EC Official: Hungary ‘Healthier Than EU Average’
- 28 Mar 2017 7:28 AM
- health & wellness
Hungary has a stable economy “belonging to the healthier half” of the EU member states, a country whose economic growth is primarily driven by consumption, István Székely, Director of the European Commission’s Directorate-General for Economic and Financial Affairs, said in parliament’s European affairs committee on Monday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
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 ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Hungary’s Fidesz Leader Discusses Immigration, Ukraine With German CU/CSU MP
- 22 Jan 2015 8:00 AM
- current affairs
Antal Rogán, the group leader of ruling Fidesz met Arnold Vaatz, deputy group leader of CDU/CSU in the German parliament, for talks in Budapest. The two politicians discussed the issue of immigration and the situation in Ukraine, among other topics. Speaking to reporters after the talks, Vaatz said the immigration issue required a humanitarian solution in line with European values.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.