261 result(s) for excessive
Hungary Not To Lose A Penny Of Cohesion Support, Says PM
- 3 Mar 2012 6:30 AM
- current affairs
"Hungary will not lose any penny of its convergence or cohesion fund support next year, Prime Minister Viktor Orban told a press conference after the EU's summit on Friday. The European Commission proposed in February the suspension of 495 million euros of Cohesion Fund allocations for Hungary for 2013 because of the country's failure to address its excessive deficit.
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
Speech By Hungarian PM Viktor Orbán At The London School Of Economics
- 17 Jan 2012 8:00 AM
- current affairs
Speech made on 10 November 2011 at LSE, UK: "Thank you very much and good afternoon, Ladies and Gentlemen. My elaboration today is about Central Europe and its future in a wider context, may I say in a European context. Thank you for the invitation, because it is always a joy to explain Central Europe to the Westerners, which is not an easy job anyway. The difficulty of that kind of lecture is ...
Hungarian Economy Minister Matolcsy Outlines Reform Plans
- 15 Dec 2010 12:00 AM
- current affairs
"The government plans to cut Ft 600-800 billion in spending to make up for revenue lost when the crisis taxes end in two years time, Economy Minister György Matolcsy told weekly magazine HVG.
New TV Crime Reporting Restricted In Hungary
- 14 Dec 2010 2:00 AM
- current affairs
"Newscasts or reports of crime-related matters may not take up more than 20% of morning and evening newscasts aired by major commercial television stations, according to a Jobbik proposal passed yesterday by Parliament. The motion argued that an excessive proportion of such news items is “depressive, elicits fear and has a negative impact”.
Hungary's PM Reaches Out On Facebook
- 14 Dec 2010 1:00 AM
- current affairs
Several NGOs protested on Sunday against pension reform saying the Government is desperately forcing its citizens to leave their private pension funds for a state account so the budget can be sustained, despite officials claiming that the move is voluntary.
Workers On Margaret Bridge In Budapest Complain Of Lead Poisoning
- 5 Oct 2010 2:00 AM
- current affairs
"Several workers have suffered lead poisoning while dismantling part of the Margit hid, TV2 reported Wednesday. The employees consulted doctors with complaints of headaches, nausea and kidney ailments, and were found to have excessive levels of lead in their blood.
Analysts Expect Pressure On Hungarian Government To Renew Talks With IMF
- 22 Sep 2010 1:00 AM
- current affairs
"London-based emerging-markets analysts believe that the Hungarian government will come under intense pressure from capital markets to continue co-operation with the IMF after the local elections, HVG reports.
Hungary PM Orbán Sees Single Deficit Cut Deadline For EU Members, Distances From IMF
- 27 Jul 2010 2:00 AM
- current affairs
"Hungary’s "freeing itself from the IMF" is one step forward towards the nation’s self-determination, said Prime Minister Viktor Orbán. When the country’s stand-by arrangement with the Fund expires in October, Hungary will have no business with the lender, he added. Orbán stressed that the salary of the central bank’s chief is a sovereign issue and neither the EU, nor the IMF has a say in it.
Hungary Not To Lose A Penny Of Cohesion Support, Says PM
- 3 Mar 2012 6:30 AM
- current affairs
"Hungary will not lose any penny of its convergence or cohesion fund support next year, Prime Minister Viktor Orban told a press conference after the EU's summit on Friday. The European Commission proposed in February the suspension of 495 million euros of Cohesion Fund allocations for Hungary for 2013 because of the country's failure to address its excessive deficit.
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
Speech By Hungarian PM Viktor Orbán At The London School Of Economics
- 17 Jan 2012 8:00 AM
- current affairs
Speech made on 10 November 2011 at LSE, UK: "Thank you very much and good afternoon, Ladies and Gentlemen. My elaboration today is about Central Europe and its future in a wider context, may I say in a European context. Thank you for the invitation, because it is always a joy to explain Central Europe to the Westerners, which is not an easy job anyway. The difficulty of that kind of lecture is ...
Hungarian Economy Minister Matolcsy Outlines Reform Plans
- 15 Dec 2010 12:00 AM
- current affairs
"The government plans to cut Ft 600-800 billion in spending to make up for revenue lost when the crisis taxes end in two years time, Economy Minister György Matolcsy told weekly magazine HVG.
New TV Crime Reporting Restricted In Hungary
- 14 Dec 2010 2:00 AM
- current affairs
"Newscasts or reports of crime-related matters may not take up more than 20% of morning and evening newscasts aired by major commercial television stations, according to a Jobbik proposal passed yesterday by Parliament. The motion argued that an excessive proportion of such news items is “depressive, elicits fear and has a negative impact”.
Hungary's PM Reaches Out On Facebook
- 14 Dec 2010 1:00 AM
- current affairs
Several NGOs protested on Sunday against pension reform saying the Government is desperately forcing its citizens to leave their private pension funds for a state account so the budget can be sustained, despite officials claiming that the move is voluntary.
Workers On Margaret Bridge In Budapest Complain Of Lead Poisoning
- 5 Oct 2010 2:00 AM
- current affairs
"Several workers have suffered lead poisoning while dismantling part of the Margit hid, TV2 reported Wednesday. The employees consulted doctors with complaints of headaches, nausea and kidney ailments, and were found to have excessive levels of lead in their blood.
Analysts Expect Pressure On Hungarian Government To Renew Talks With IMF
- 22 Sep 2010 1:00 AM
- current affairs
"London-based emerging-markets analysts believe that the Hungarian government will come under intense pressure from capital markets to continue co-operation with the IMF after the local elections, HVG reports.
Hungary PM Orbán Sees Single Deficit Cut Deadline For EU Members, Distances From IMF
- 27 Jul 2010 2:00 AM
- current affairs
"Hungary’s "freeing itself from the IMF" is one step forward towards the nation’s self-determination, said Prime Minister Viktor Orbán. When the country’s stand-by arrangement with the Fund expires in October, Hungary will have no business with the lender, he added. Orbán stressed that the salary of the central bank’s chief is a sovereign issue and neither the EU, nor the IMF has a say in it.


















