155 result(s) for fiscal deficit
Hungary State Debt Drops To 74.5 Pc Of GDP At End Of 2017
- 4 Jan 2018 7:56 AM
- business
For the Hungarian economy, the year 2018 starts from a better position and with a better outlook than 2017 did, Minister Mihály Varga said at a press conference held at the Ministry for National Economy earlier today.
Ministry Confirms HUF 1,418.2bn Deficit At End-Oct
- 22 Nov 2017 7:44 AM
- business
Hungary’s cash flow-based budget, excluding local councils, ran a 1,418.2 billion forint (EUR 4.5bn) deficit at the end of October, the Economy Ministry confirmed in a second reading of data released Tuesday. The deficit reached 121.6 percent of the 1,166.4 billion forint full-year target. In the month of October alone, the shortfall amounted to 181.9 billion forints.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Orbán: Shaming Hungary ‘Foolish’
- 18 May 2017 1:00 AM
- current affairs
Prime Minister Viktor Orbán has said shaming Hungary was “foolish”, noting that the country currently has the highest or second highest growth rate in the European Union. Speaking at a general assembly meeting of Mercedes parent company Daimler in Budapest, Orbán said Hungary had the fastest-declining unemployment rate in the EU and that it complied with all European financial regulations.
Hungary’s Fiscal Council Head Expects GDP Growth To Surpass 4 pc In 2017, 2018
- 28 Apr 2017 7:00 AM
- business
Hungary’s economy is likely to grow by above 4 percent both this year and next, the head of the Fiscal Council told a conference on Thursday. Árpád Kovács said the public debt would continue to fall and budget deficit would be below 3 percent of GDP in both years.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Hungary’s Budget Posts EUR 400m Surplus In January
- 8 Feb 2017 8:00 AM
- business
Hungary’s cash-flow-based budget, excluding local councils, showed a 123.4 billion (EUR 400m) forint surplus in January, the first reading of data released by the economy ministry on Tuesday shows. The 2017 budget act targets a full-year deficit of 1,166.4 billion forints.
Varga: Hungarian Govt, EC See Eye To Eye On Economy
- 11 Nov 2016 8:00 AM
- business
The Hungarian government and the European Commission see the situation of the Hungarian economy in a similar light, Economy Minister Mihály Varga said after meeting Valdis Dombrovskis, the deputy commissioner for the euro and social dialogue, in Budapest.
Xpat Opinion: Standard & Poor’s Upgrades Hungary
- 20 Sep 2016 9:00 AM
- business
A conservative analyst interprets the second major rating company’s decision to upgrade Hungary to investment category as an acknowledgement of the success of the oft criticized economic policies pursued by the government and the National Bank
Hungary State Debt Drops To 74.5 Pc Of GDP At End Of 2017
- 4 Jan 2018 7:56 AM
- business
For the Hungarian economy, the year 2018 starts from a better position and with a better outlook than 2017 did, Minister Mihály Varga said at a press conference held at the Ministry for National Economy earlier today.
Ministry Confirms HUF 1,418.2bn Deficit At End-Oct
- 22 Nov 2017 7:44 AM
- business
Hungary’s cash flow-based budget, excluding local councils, ran a 1,418.2 billion forint (EUR 4.5bn) deficit at the end of October, the Economy Ministry confirmed in a second reading of data released Tuesday. The deficit reached 121.6 percent of the 1,166.4 billion forint full-year target. In the month of October alone, the shortfall amounted to 181.9 billion forints.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Orbán: Shaming Hungary ‘Foolish’
- 18 May 2017 1:00 AM
- current affairs
Prime Minister Viktor Orbán has said shaming Hungary was “foolish”, noting that the country currently has the highest or second highest growth rate in the European Union. Speaking at a general assembly meeting of Mercedes parent company Daimler in Budapest, Orbán said Hungary had the fastest-declining unemployment rate in the EU and that it complied with all European financial regulations.
Hungary’s Fiscal Council Head Expects GDP Growth To Surpass 4 pc In 2017, 2018
- 28 Apr 2017 7:00 AM
- business
Hungary’s economy is likely to grow by above 4 percent both this year and next, the head of the Fiscal Council told a conference on Thursday. Árpád Kovács said the public debt would continue to fall and budget deficit would be below 3 percent of GDP in both years.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Hungary’s Budget Posts EUR 400m Surplus In January
- 8 Feb 2017 8:00 AM
- business
Hungary’s cash-flow-based budget, excluding local councils, showed a 123.4 billion (EUR 400m) forint surplus in January, the first reading of data released by the economy ministry on Tuesday shows. The 2017 budget act targets a full-year deficit of 1,166.4 billion forints.
Varga: Hungarian Govt, EC See Eye To Eye On Economy
- 11 Nov 2016 8:00 AM
- business
The Hungarian government and the European Commission see the situation of the Hungarian economy in a similar light, Economy Minister Mihály Varga said after meeting Valdis Dombrovskis, the deputy commissioner for the euro and social dialogue, in Budapest.
Xpat Opinion: Standard & Poor’s Upgrades Hungary
- 20 Sep 2016 9:00 AM
- business
A conservative analyst interprets the second major rating company’s decision to upgrade Hungary to investment category as an acknowledgement of the success of the oft criticized economic policies pursued by the government and the National Bank