• 22 Nov 2024

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156 result(s) for fiscal policy

2022 Overspending Could Fuel Inflation Warns National Bank's Governor

2022 Overspending Could Fuel Inflation Warns National Bank's Governor

National Bank of Hungary (NBH) governor György Matolcsy said he believes the 5.9%-of-GDP deficit target in the 2022 budget is “a mistake” and could set the country up for “persistently high inflation” in a column published on the website of daily Magyar Nemzet on Monday.
Global Minimum Corporate Tax Rejected By Hungary

Global Minimum Corporate Tax Rejected By Hungary

Hungary will not accept a global minimum corporate tax, as it would lead to tax increases, Minister of Foreign Affairs and Trade Péter Szijjártó declared after meeting with Mathias Cormann, the next secretary general of the OECD.
Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

The government’s modified budget deficit targets for the coming years, prompted by the continuously changing global environment and the drawn out recovery of capacities, afford flexibility, Finance Minister Mihály Varga said in an interview with business portal Portfolio.hu published on Monday.
Hungary's Economy Set For Swift Recovery, Says Finance Minister

Hungary's Economy Set For Swift Recovery, Says Finance Minister

Hungary’s economy is set to stage a swift recovery from the second quarter and achieve growth of 4-5% for the full year, Minister of Finance Mihály Varga said in an interview with Wednesday’s business daily Világgazdaság.
HUF Becomes Europe’s Fifth Weakest Currency

HUF Becomes Europe’s Fifth Weakest Currency

The forint is the fifth worst-performing European currency so far this year as it has weakened by some 8.5%, Portfolio reports.
Moody's: Stable Outlook Makes Hungary Withstand External Shocks Better

Moody's: Stable Outlook Makes Hungary Withstand External Shocks Better

Hungary’s diversified economy and disciplined fiscal policy support the country’s ‘Baa3’ credit rating with a stable outlook, ratings agency Moody’s said in an annual report.
Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungary’s finance ministry submitted an updated convergence programme to the European Commission that envisages a 3% GDP contraction in 2020 in light of the coronavirus crisis.
S&P Changes Outlook On Hungary Rating To Stable From Positive

S&P Changes Outlook On Hungary Rating To Stable From Positive

S&P Global Ratings has affirmed Hungary’s ‘BBB’ sovereign rating but changed the outlook to stable from positive in light of pandemic-related risks.
Hungary’s Growth Rate Among Highest In EU

Hungary’s Growth Rate Among Highest In EU

Hungary has recently experienced strong economic expansion with one of the highest GDP growth rates in the European Union, the European Commission said in an annual country report released on Wednesday.
2022 Overspending Could Fuel Inflation Warns National Bank's Governor

2022 Overspending Could Fuel Inflation Warns National Bank's Governor

National Bank of Hungary (NBH) governor György Matolcsy said he believes the 5.9%-of-GDP deficit target in the 2022 budget is “a mistake” and could set the country up for “persistently high inflation” in a column published on the website of daily Magyar Nemzet on Monday.
Global Minimum Corporate Tax Rejected By Hungary

Global Minimum Corporate Tax Rejected By Hungary

Hungary will not accept a global minimum corporate tax, as it would lead to tax increases, Minister of Foreign Affairs and Trade Péter Szijjártó declared after meeting with Mathias Cormann, the next secretary general of the OECD.
Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

Hungary's Looser Fiscal Policy Affords Flexibility, Says Finance Minister

The government’s modified budget deficit targets for the coming years, prompted by the continuously changing global environment and the drawn out recovery of capacities, afford flexibility, Finance Minister Mihály Varga said in an interview with business portal Portfolio.hu published on Monday.
Hungary's Economy Set For Swift Recovery, Says Finance Minister

Hungary's Economy Set For Swift Recovery, Says Finance Minister

Hungary’s economy is set to stage a swift recovery from the second quarter and achieve growth of 4-5% for the full year, Minister of Finance Mihály Varga said in an interview with Wednesday’s business daily Világgazdaság.
HUF Becomes Europe’s Fifth Weakest Currency

HUF Becomes Europe’s Fifth Weakest Currency

The forint is the fifth worst-performing European currency so far this year as it has weakened by some 8.5%, Portfolio reports.
Moody's: Stable Outlook Makes Hungary Withstand External Shocks Better

Moody's: Stable Outlook Makes Hungary Withstand External Shocks Better

Hungary’s diversified economy and disciplined fiscal policy support the country’s ‘Baa3’ credit rating with a stable outlook, ratings agency Moody’s said in an annual report.
Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungarian Finance Ministry Sees 3% GDP Contraction In 2020

Hungary’s finance ministry submitted an updated convergence programme to the European Commission that envisages a 3% GDP contraction in 2020 in light of the coronavirus crisis.
S&P Changes Outlook On Hungary Rating To Stable From Positive

S&P Changes Outlook On Hungary Rating To Stable From Positive

S&P Global Ratings has affirmed Hungary’s ‘BBB’ sovereign rating but changed the outlook to stable from positive in light of pandemic-related risks.
Hungary’s Growth Rate Among Highest In EU

Hungary’s Growth Rate Among Highest In EU

Hungary has recently experienced strong economic expansion with one of the highest GDP growth rates in the European Union, the European Commission said in an annual country report released on Wednesday.