227 result(s) for financial balance
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Hungary In The Competitiveness Ranking Of The World Economic Forum (WEF)
- 6 Sep 2012 9:00 AM
- business
The change of Hungary’s place in the category evaluating macroeconomic environment, in the competitiveness ranking of the World Economic Forum aptly demonstrates that although the financial consolidation process of the past two years was painful but a success nonetheless.
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Xpat Opinion: Hungarian-IMF/EU Negotiations: News Blackout? Not Really
- 20 Jul 2012 1:00 AM
- current affairs
On Monday, July 17, Thanos Arvanitis, head of the IMF delegation, and Barbara Kauffman, head of the EU Commission’s delegation, accompanied by Iryna Ivashchenko, the IMF’s Budapest representative, paid a visit to Mihály Varga, the minister without portfolio in charge of the long-awaited negotiations for a stand-by loan for the financially hard-pressed Hungary.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Inauguration Of The National Institute Of Oncology’s New Surgery Block In Budapest
- 29 May 2012 9:00 AM
- health & wellness
‘The new building is a dream come true, which will serve the recovery of patients,’ emphasized Miklós Szócska, Minister of State for Health at the inauguration of the National Institute of Oncology’s (NIO) new block. György Matolcsy, Minister for National Economy also attended the ceremony.
Tamás Fellegi: Hungary - IMF Agreements Expected In The Autumn
- 21 May 2012 9:04 AM
- current affairs
Tamás Fellegi, outgoing chief negotiator with financial organisations, announced at a Budapest financial summit on Thursday that IMF/EU negotiations can start in July, with an expected agreement in the autumn.
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 ...
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Hungary In The Competitiveness Ranking Of The World Economic Forum (WEF)
- 6 Sep 2012 9:00 AM
- business
The change of Hungary’s place in the category evaluating macroeconomic environment, in the competitiveness ranking of the World Economic Forum aptly demonstrates that although the financial consolidation process of the past two years was painful but a success nonetheless.
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Xpat Opinion: Hungarian-IMF/EU Negotiations: News Blackout? Not Really
- 20 Jul 2012 1:00 AM
- current affairs
On Monday, July 17, Thanos Arvanitis, head of the IMF delegation, and Barbara Kauffman, head of the EU Commission’s delegation, accompanied by Iryna Ivashchenko, the IMF’s Budapest representative, paid a visit to Mihály Varga, the minister without portfolio in charge of the long-awaited negotiations for a stand-by loan for the financially hard-pressed Hungary.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Inauguration Of The National Institute Of Oncology’s New Surgery Block In Budapest
- 29 May 2012 9:00 AM
- health & wellness
‘The new building is a dream come true, which will serve the recovery of patients,’ emphasized Miklós Szócska, Minister of State for Health at the inauguration of the National Institute of Oncology’s (NIO) new block. György Matolcsy, Minister for National Economy also attended the ceremony.
Tamás Fellegi: Hungary - IMF Agreements Expected In The Autumn
- 21 May 2012 9:04 AM
- current affairs
Tamás Fellegi, outgoing chief negotiator with financial organisations, announced at a Budapest financial summit on Thursday that IMF/EU negotiations can start in July, with an expected agreement in the autumn.
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 ...
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...