158 result(s) for fiscal deficit
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Xpat Opinion: Is Hungary Playing For Time With The IMF?
- 9 Aug 2012 12:55 PM
- current affairs
A conservative columnist suspects that the government will only revise its controversial fiscal policy and budget forecasts for next year if forced to do so by financial markets.
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, ...
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
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 ...
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.
EU To Lift Suspension Of EU Funds For Hungary
- 7 Jun 2012 10:55 AM
- current affairs
The European Commission recommended last week that the planned freeze of €495 million in EU cohesion fund payments to Hungary in 2013 be lifted, saying the country has taken the necessary measures to correct the excessive budget deficit. EU finance ministers, who decided in April to suspend the funds, are expected to formally confirm the EC decision on June 22.
The Hungarian Prime Minister Sums Up The Government’s First Two Years
- 4 Jun 2012 9:00 AM
- current affairs
’We can look back on the last two years as a successful period, because Hungary has been able to stabilise itself’: this is how Prime Minister Viktor Orbán summed up the Government’s first two years in office. He drew attention to the fact that government finances are stable, that next year the budget deficit will continue to be under three per cent, and that a new constitution has been created.
Hungarian Parliament Has Voted On The Telecom Services Tax
- 21 May 2012 9:00 AM
- tech
The next step is taken in order to establish long term fiscal sustainability and reduce general government debt. Due to the slowing of the European economy and the protracted euro-zone crisis, the European Commission forecasts lower growth for 2012 and 2013, and therefore the government has decided to implement measures aimed at fiscal improvement.
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Xpat Opinion: Is Hungary Playing For Time With The IMF?
- 9 Aug 2012 12:55 PM
- current affairs
A conservative columnist suspects that the government will only revise its controversial fiscal policy and budget forecasts for next year if forced to do so by financial markets.
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, ...
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
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 ...
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.
EU To Lift Suspension Of EU Funds For Hungary
- 7 Jun 2012 10:55 AM
- current affairs
The European Commission recommended last week that the planned freeze of €495 million in EU cohesion fund payments to Hungary in 2013 be lifted, saying the country has taken the necessary measures to correct the excessive budget deficit. EU finance ministers, who decided in April to suspend the funds, are expected to formally confirm the EC decision on June 22.
The Hungarian Prime Minister Sums Up The Government’s First Two Years
- 4 Jun 2012 9:00 AM
- current affairs
’We can look back on the last two years as a successful period, because Hungary has been able to stabilise itself’: this is how Prime Minister Viktor Orbán summed up the Government’s first two years in office. He drew attention to the fact that government finances are stable, that next year the budget deficit will continue to be under three per cent, and that a new constitution has been created.
Hungarian Parliament Has Voted On The Telecom Services Tax
- 21 May 2012 9:00 AM
- tech
The next step is taken in order to establish long term fiscal sustainability and reduce general government debt. Due to the slowing of the European economy and the protracted euro-zone crisis, the European Commission forecasts lower growth for 2012 and 2013, and therefore the government has decided to implement measures aimed at fiscal improvement.