156 result(s) for fiscal policy
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.
Financial Research Plc. Forecasts 3.8 pc GDP Growth For 2017, 2018
- 10 Oct 2017 8:46 AM
- business
Financial Research Plc.(Pénzügykutató Zrt.) expects GDP growth in Hungary to be around 3.8 percent both this year and next, the economic research company said in a forecast released on Wednesday. The forecasts are under the government’s official projections for GDP growth of 4.1 percent this year and 4.3 percent next year.
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
EC: Substantial Fiscal Effort Needed In 2018 For Hungary To Meet Requirements
- 23 May 2017 8:50 AM
- finance
The European Commission recommends that Hungary in 2017 and 2018 pursue its fiscal policy in line with the requirements of the preventive arm of the Stability and Growth Pact, which translates into a substantial fiscal effort for 2018, the EC said in its draft country-specific recommendation published on Monday.
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.
New Body To Boost Hungary’s Competitiveness Holds Inaugural Meeting
- 24 Mar 2017 5:16 AM
- business
Short-term fixes for boosting Hungary’s competitiveness will focus on areas such as tax administration, a review of building permits and protecting small property owners, Mihály Varga, the economy minister, told a press conference after the inaugural meeting of the National Competitiveness Council.
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 ...
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
Budgetary Discipline Key To Restoring EU Competitiveness
- 29 Dec 2016 8:00 AM
- business
Hungary and Germany agree that restoring the European Union’s competitiveness is of key importance, and this can only be achieved if all member states go back to respecting budgetary discipline, Foreign Minister Péter Szijjártó told German conservative daily Die Welt in an interview published on Wednesday.
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.
Financial Research Plc. Forecasts 3.8 pc GDP Growth For 2017, 2018
- 10 Oct 2017 8:46 AM
- business
Financial Research Plc.(Pénzügykutató Zrt.) expects GDP growth in Hungary to be around 3.8 percent both this year and next, the economic research company said in a forecast released on Wednesday. The forecasts are under the government’s official projections for GDP growth of 4.1 percent this year and 4.3 percent next year.
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
EC: Substantial Fiscal Effort Needed In 2018 For Hungary To Meet Requirements
- 23 May 2017 8:50 AM
- finance
The European Commission recommends that Hungary in 2017 and 2018 pursue its fiscal policy in line with the requirements of the preventive arm of the Stability and Growth Pact, which translates into a substantial fiscal effort for 2018, the EC said in its draft country-specific recommendation published on Monday.
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.
New Body To Boost Hungary’s Competitiveness Holds Inaugural Meeting
- 24 Mar 2017 5:16 AM
- business
Short-term fixes for boosting Hungary’s competitiveness will focus on areas such as tax administration, a review of building permits and protecting small property owners, Mihály Varga, the economy minister, told a press conference after the inaugural meeting of the National Competitiveness Council.
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 ...
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
Budgetary Discipline Key To Restoring EU Competitiveness
- 29 Dec 2016 8:00 AM
- business
Hungary and Germany agree that restoring the European Union’s competitiveness is of key importance, and this can only be achieved if all member states go back to respecting budgetary discipline, Foreign Minister Péter Szijjártó told German conservative daily Die Welt in an interview published on Wednesday.