127 result(s) for fiscal measure
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: Disappointment Following A Postponed Teachers’ Pay Raise In Hungary
- 15 Oct 2012 9:00 AM
- current affairs
Left-of-centre, centrist and pro-government commentators are all appalled by the sudden move announced as part of a 400 billion HUF fiscal package. Early last week, Minister of the Economy György Matolcsy announced as part of his adjustment package that the planned introduction of a “career path” for teachers, comprising an immediate 30 per cent pay raise, will be postponed by four months, from ...
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.
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, ...
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.
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: Disappointment Following A Postponed Teachers’ Pay Raise In Hungary
- 15 Oct 2012 9:00 AM
- current affairs
Left-of-centre, centrist and pro-government commentators are all appalled by the sudden move announced as part of a 400 billion HUF fiscal package. Early last week, Minister of the Economy György Matolcsy announced as part of his adjustment package that the planned introduction of a “career path” for teachers, comprising an immediate 30 per cent pay raise, will be postponed by four months, from ...
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.
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, ...
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.