166 result(s) for fiscal policy
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Giró-Szász: EBRD Deal Signals New Fiscal Policy In Hungary
- 12 Feb 2015 3:00 AM
- business
The government’s recent signing of an agreement with the European Bank for Reconstruction and Development (EBRD) marks the beginning of a new era in Hungary’s fiscal policy, cabinet state secretary András Giró-Szász said, insisting that the government had stabilised the Hungarian economy and resolved the problem of troubled forex debtors, which created an opportunity to reduce the sectoral tax on ...
Xpat Opinion: Will Simicska Wage His Media War In Hungary On His Own?
- 9 Feb 2015 8:00 AM
- current affairs
Commentators wonder how far the feud between Prime Minister Orbán and his former friend and treasurer will go, and what impact it will have on the main right-wing media outlets which are ultimately owned by the latter.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungary’s Economy On Long-Term Growth Path, Says Fidesz
- 29 Jan 2015 8:00 AM
- business
The government has succeeded in putting the national economy on a growth path and is committed to maintaining this trend in 2015, the spokesman of ruling Fidesz’s parliamentary group said. Bence Tuzson said that a total 12,000 billion forints (EUR 38.5bn) in European Union funds would be available to Hungary in the next seven years, and those funds, together with the country’s performance, could ...
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
'Seriously About Paks' Event, Budapest, 16 September
- 16 Sep 2014 9:03 AM
- current affairs
The planned new nuclear power plant in Paks raises a number of economic, security, geopolitical and social issues, which have barely been mentioned in the Hungarian public media. Energiaklub launches a series of events titled ’Seriously about Paks’. Each event will focus on a specific issue. Foreign and local experts and researchers exchange their views, along special ad hoc studies.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
Xpat Opinion: Stop Using Taxes As A Weapon
- 20 Feb 2015 8:00 AM
- business
By Tom Popper, Managing Editor, Budapest Business Journal: It is generally understood that tax cuts are good for business, and can actually increase government revenue by encouraging private-sector activity, which in turn generates more taxable revenue.
Giró-Szász: EBRD Deal Signals New Fiscal Policy In Hungary
- 12 Feb 2015 3:00 AM
- business
The government’s recent signing of an agreement with the European Bank for Reconstruction and Development (EBRD) marks the beginning of a new era in Hungary’s fiscal policy, cabinet state secretary András Giró-Szász said, insisting that the government had stabilised the Hungarian economy and resolved the problem of troubled forex debtors, which created an opportunity to reduce the sectoral tax on ...
Xpat Opinion: Will Simicska Wage His Media War In Hungary On His Own?
- 9 Feb 2015 8:00 AM
- current affairs
Commentators wonder how far the feud between Prime Minister Orbán and his former friend and treasurer will go, and what impact it will have on the main right-wing media outlets which are ultimately owned by the latter.
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungary’s Economy On Long-Term Growth Path, Says Fidesz
- 29 Jan 2015 8:00 AM
- business
The government has succeeded in putting the national economy on a growth path and is committed to maintaining this trend in 2015, the spokesman of ruling Fidesz’s parliamentary group said. Bence Tuzson said that a total 12,000 billion forints (EUR 38.5bn) in European Union funds would be available to Hungary in the next seven years, and those funds, together with the country’s performance, could ...
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
'Seriously About Paks' Event, Budapest, 16 September
- 16 Sep 2014 9:03 AM
- current affairs
The planned new nuclear power plant in Paks raises a number of economic, security, geopolitical and social issues, which have barely been mentioned in the Hungarian public media. Energiaklub launches a series of events titled ’Seriously about Paks’. Each event will focus on a specific issue. Foreign and local experts and researchers exchange their views, along special ad hoc studies.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...