362 result(s) for finance ministry
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Xpat Opinion: The 10 Most Outrageous Things In 2017 Budget According To 444.Hu
- 2 May 2016 9:00 AM
- current affairs
Hungarian news site 444.hu published an article Thursday entitled “The Top Ten Most Outrageous Things Financed in the 2017 Budget. While one can certainly argue that ridiculous (and superfluous) things are financed by states around the world, it is worth pointing out here that 444‘s list looks especially outrageous when one considers the dismal state of education and health-care.
Jobbik Finds Government’s “Self-Promotion” Too Expensive
- 29 Apr 2016 9:00 AM
- current affairs
The government’s plans to spend a total 15.6 billion forints (EUR 48.5m) on “communication and consultations” as outlined in the 2017 budget are unacceptable for radical nationalist Jobbik. Dániel Z Kárpát, Jobbik’s deputy leader, told a press conference on Thursday that the government seeks to increase funding for its “propaganda ministry” by ten times, and noted that the prime minister’s ...
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Website Secretly Supported By State
- 5 Apr 2016 9:00 AM
- tech
The Pesti Srácok website has been running articles critical of opposition figures and former Fidesz treasurer Lajos Simicska on commission from government ministries and local authorities, according to reports. The Agriculture Ministry ordered 12 articles from the ostensibly independent website in which the former Socialist governments had to be criticised and Simicska’s land holdings were ...
Four Garages Planned For Buda Castle
- 4 Apr 2016 9:00 AM
- getting around
The government plans to build four underground garages under Buda Castle to accommodate workers at ministries that are to be transferred to offices on Castle Hill, state secretary László L. Simon told the weekly Heti Válasz at the weekend. An underground garage has already been built near the Várkert Bazár by the riverbank, but another one will be built under the riding school, and connected by a ...
Chinese To Finance Bulk Of Budapest-Belgrade Rail Link
- 22 Mar 2016 8:00 AM
- getting around
Commenting on the planned modernisation of the Budapest- Belgrade rail link, Foreign Minister Péter Szijjártó said the project is in the interest of central Europe and the western Balkans, and also fits well in the Chinese Silk Road scheme.
Együtt Calls Police To State -Owned Company Office Over Audit
- 4 Mar 2016 8:00 AM
- current affairs
The opposition Együtt party called the police to the premises of state-owned Centre for New Generations Non-Profit LLC, saying that it failed to allow the State Audit Office (ÁSZ) access to documents for an audit required by law. ÁSZ said in a statement on Wednesday that it sought to conduct an audit of asset management and finances for the period of 2011-2014 as required by law to assess their ...
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Xpat Opinion: The 10 Most Outrageous Things In 2017 Budget According To 444.Hu
- 2 May 2016 9:00 AM
- current affairs
Hungarian news site 444.hu published an article Thursday entitled “The Top Ten Most Outrageous Things Financed in the 2017 Budget. While one can certainly argue that ridiculous (and superfluous) things are financed by states around the world, it is worth pointing out here that 444‘s list looks especially outrageous when one considers the dismal state of education and health-care.
Jobbik Finds Government’s “Self-Promotion” Too Expensive
- 29 Apr 2016 9:00 AM
- current affairs
The government’s plans to spend a total 15.6 billion forints (EUR 48.5m) on “communication and consultations” as outlined in the 2017 budget are unacceptable for radical nationalist Jobbik. Dániel Z Kárpát, Jobbik’s deputy leader, told a press conference on Thursday that the government seeks to increase funding for its “propaganda ministry” by ten times, and noted that the prime minister’s ...
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Website Secretly Supported By State
- 5 Apr 2016 9:00 AM
- tech
The Pesti Srácok website has been running articles critical of opposition figures and former Fidesz treasurer Lajos Simicska on commission from government ministries and local authorities, according to reports. The Agriculture Ministry ordered 12 articles from the ostensibly independent website in which the former Socialist governments had to be criticised and Simicska’s land holdings were ...
Four Garages Planned For Buda Castle
- 4 Apr 2016 9:00 AM
- getting around
The government plans to build four underground garages under Buda Castle to accommodate workers at ministries that are to be transferred to offices on Castle Hill, state secretary László L. Simon told the weekly Heti Válasz at the weekend. An underground garage has already been built near the Várkert Bazár by the riverbank, but another one will be built under the riding school, and connected by a ...
Chinese To Finance Bulk Of Budapest-Belgrade Rail Link
- 22 Mar 2016 8:00 AM
- getting around
Commenting on the planned modernisation of the Budapest- Belgrade rail link, Foreign Minister Péter Szijjártó said the project is in the interest of central Europe and the western Balkans, and also fits well in the Chinese Silk Road scheme.
Együtt Calls Police To State -Owned Company Office Over Audit
- 4 Mar 2016 8:00 AM
- current affairs
The opposition Együtt party called the police to the premises of state-owned Centre for New Generations Non-Profit LLC, saying that it failed to allow the State Audit Office (ÁSZ) access to documents for an audit required by law. ÁSZ said in a statement on Wednesday that it sought to conduct an audit of asset management and finances for the period of 2011-2014 as required by law to assess their ...
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.


















