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79 result(s) for european commission in Finance

EU to Deduct Euro 200 Million Fine from Hungary's Funding

EU to Deduct Euro 200 Million Fine from Hungary's Funding

  • 19 Sep 2024 6:50 AM
  • finance
The European Commission will start deducting the 200 million euro fine from the funding payable to Hungary as the country has failed to pay by the deadline, the EC's spokesperson said.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
IMF Says Hungary's Economy to Return To Growth This Year

IMF Says Hungary's Economy to Return To Growth This Year

The International Monetary Fund (IMF) forecasts the Hungarian economy returning to growth this year and taking its place in the vanguard of the EU’s growth performers next year, Mihály Varga, the finance minister, said on Tuesday, adding that the IMF prognosis echoes that of the latest European Commission projection.
Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Hungary’s taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.
Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

The forint weakened at one point to 396.80 per euro yesterday, hitting a 12-month low not seen since March of last year.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Billions of Euros for Hungary Remain Suspended by EC

Billions of Euros for Hungary Remain Suspended by EC

The European Commission said in a statement issued in Brussels on Wednesday that Hungary had not addressed the breaches of the principles of the rule of law that led to the adoption of measures by the Council in December 2022.
EU to Deduct Euro 200 Million Fine from Hungary's Funding

EU to Deduct Euro 200 Million Fine from Hungary's Funding

  • 19 Sep 2024 6:50 AM
  • finance
The European Commission will start deducting the 200 million euro fine from the funding payable to Hungary as the country has failed to pay by the deadline, the EC's spokesperson said.

"Cause for Optimism”: GDP up 1.5% in Hungary

Hungarian gross domestic product grew by an annual 1.5% in the second quarter, the Central Statistical Office (KSH) said in a first reading of data. Adjusted for calendar-year effects, GDP grew by 1.3%.
IMF Says Hungary's Economy to Return To Growth This Year

IMF Says Hungary's Economy to Return To Growth This Year

The International Monetary Fund (IMF) forecasts the Hungarian economy returning to growth this year and taking its place in the vanguard of the EU’s growth performers next year, Mihály Varga, the finance minister, said on Tuesday, adding that the IMF prognosis echoes that of the latest European Commission projection.
Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Surprisingly 46% Tax Included in Regular Petrol Price in Hungary is Actually Lower Than in Many EU Countries

Hungary’s taxes are not to blame for high fuel prices, the finance minister said on Monday, adding that taxes on fuels were among the lowest in the European Union.
Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

Hungarian Forint Weakened Against Euro Hitting Lowest Point in 12 Month

The forint weakened at one point to 396.80 per euro yesterday, hitting a 12-month low not seen since March of last year.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

2024 Outlook: Growth in Hungary 'Realistic', After 'Year Of Orbán's Austerity'

Putting the Hungarian economy back on a growth path is a "realistic goal", Prime Minister Viktor Orbán said in an interview to commercial television TV2.
Billions of Euros for Hungary Remain Suspended by EC

Billions of Euros for Hungary Remain Suspended by EC

The European Commission said in a statement issued in Brussels on Wednesday that Hungary had not addressed the breaches of the principles of the rule of law that led to the adoption of measures by the Council in December 2022.