158 result(s) for fiscal deficit
Hungarian Government Trusts IMF/EU Talks To Resume This Year
- 7 Nov 2012 8:00 AM
- current affairs
Hungary trusts that talks on financial aid will resume this year, the government's Chief Negotiator Mihály Varga told a conference on Tuesday. Minister Varga said the government was still pursuing a precautionary agreement with the international lenders.
Hungarian - IMF-EU Agreement No Panacea On Its own
- 5 Nov 2012 8:02 AM
- current affairs
According to Minister of State for Economic Strategy at the Ministry for National Economy Zoltán Cséfalvay, it is obvious that an agreement with the IMF and the European Union can be no cure-all on its own.
The Hungarian Government Announces A New Set Of Fiscal Measures
- 18 Oct 2012 9:00 AM
- current affairs
Although the Hungarian Government, along with leading financial analysts, forecasted that the fiscal adjustment measures announced earlier in October would be sufficient to meet the 2013 budget targets, the Government has decided to complement those measures with a further adjustment package worth 367 billion forints (EUR 1.3bn) in 2013, thus avoiding any new steps in the Excessive Deficit ...
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
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 ...
Minister Matolcsy Announces New Fiscal Package In Hungary
- 8 Oct 2012 9:02 AM
- business
Minister for National Economy György Matolcsy held a press conference earlier this morning where he announced a fiscal adjustment package totalling 397 billion forints, which will ensure that a budget deficit below 3% of GDP will be achieved.
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Xpat Opinion: Hungary's MSZP’s Vision Of The Future: “The Left, Hope, And Strength”
- 4 Oct 2012 9:00 AM
- current affairs
Now that MSZP’s leaked “working paper” has become available we have a better idea of what the party leaders have in mind as far as strategy is concerned. Although the MSZP politicians I heard speak about the document emphasized that naturally this is not the final word on the strategy the party will follow in the next year and a half, after reading the text I think it is fairly clear where the ...
Hungarian Government Trusts IMF/EU Talks To Resume This Year
- 7 Nov 2012 8:00 AM
- current affairs
Hungary trusts that talks on financial aid will resume this year, the government's Chief Negotiator Mihály Varga told a conference on Tuesday. Minister Varga said the government was still pursuing a precautionary agreement with the international lenders.
Hungarian - IMF-EU Agreement No Panacea On Its own
- 5 Nov 2012 8:02 AM
- current affairs
According to Minister of State for Economic Strategy at the Ministry for National Economy Zoltán Cséfalvay, it is obvious that an agreement with the IMF and the European Union can be no cure-all on its own.
The Hungarian Government Announces A New Set Of Fiscal Measures
- 18 Oct 2012 9:00 AM
- current affairs
Although the Hungarian Government, along with leading financial analysts, forecasted that the fiscal adjustment measures announced earlier in October would be sufficient to meet the 2013 budget targets, the Government has decided to complement those measures with a further adjustment package worth 367 billion forints (EUR 1.3bn) in 2013, thus avoiding any new steps in the Excessive Deficit ...
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
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 ...
Minister Matolcsy Announces New Fiscal Package In Hungary
- 8 Oct 2012 9:02 AM
- business
Minister for National Economy György Matolcsy held a press conference earlier this morning where he announced a fiscal adjustment package totalling 397 billion forints, which will ensure that a budget deficit below 3% of GDP will be achieved.
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Xpat Opinion: Hungary's MSZP’s Vision Of The Future: “The Left, Hope, And Strength”
- 4 Oct 2012 9:00 AM
- current affairs
Now that MSZP’s leaked “working paper” has become available we have a better idea of what the party leaders have in mind as far as strategy is concerned. Although the MSZP politicians I heard speak about the document emphasized that naturally this is not the final word on the strategy the party will follow in the next year and a half, after reading the text I think it is fairly clear where the ...


















