43 result(s) for government expenditure in Business
Hungary’s Parliament Approved Key Budget Figures
- 26 Nov 2013 3:00 AM
- business
Hungary’s Parliament approved the main figures of the 2014 budget on Tuesday after the budget committee passed amendments raising key figures. The amendments submitted on Monday will raise total 2014 central government expenditure from the figure in the original bill by 85 billion forints (EUR 284.6m) to 16,968.3 billion forints.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Hungary Retail Report Q3 2013 - New Market Study Published
- 11 Sep 2013 9:00 AM
- business
The Hungary Retail Report examines the long-term potential of the local consumer market but flags shortterm concerns about the impact on Hungary's economic outlook of investor fears regarding central bank independence and potentially inflationary monetary policy.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Hungarian Government Measures To Safeguard Achievements
- 18 Jun 2013 9:00 AM
- business
Hungarian people have made tremendous efforts to end the Excessive Deficit procedure against the country, but the result “shall be upheld and protected”, and that is the reason the Government has submitted new measures in Parliament, Government Spokesperson András Giró-Szász said, and Minister for National Economy Mihály Varga announced the concrete measures.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Fiscal Measures Available In Hungary To Ensure Lifting Of Excessive Deficit Procedure
- 13 May 2013 9:00 AM
- business
During recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission ...
Agreement Concluded Between European Investment Bank And Hungary
- 7 Dec 2012 8:03 AM
- business
Minister for National Economy György Matolcsy and EIB Vice President Wilhelm Molterer have signed two project financing contracts amounting altogether to 560 million EUR to support the Hungarian economy.
Hungary’s Parliament Approved Key Budget Figures
- 26 Nov 2013 3:00 AM
- business
Hungary’s Parliament approved the main figures of the 2014 budget on Tuesday after the budget committee passed amendments raising key figures. The amendments submitted on Monday will raise total 2014 central government expenditure from the figure in the original bill by 85 billion forints (EUR 284.6m) to 16,968.3 billion forints.
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Hungary Retail Report Q3 2013 - New Market Study Published
- 11 Sep 2013 9:00 AM
- business
The Hungary Retail Report examines the long-term potential of the local consumer market but flags shortterm concerns about the impact on Hungary's economic outlook of investor fears regarding central bank independence and potentially inflationary monetary policy.
2013 Deficit Target Will Be Met, States Hungarian Govt.
- 11 Sep 2013 9:00 AM
- business
The central sub-sector of the state budget posted a deficit of HUF 110.0bn for the month of August 2013. The financial transfer data of the central budget at the end of August is in line with the Government's prior expectations. Revenues and expenditures anticipated for the current and the following months - including an outstanding surplus prognosticated for the month of December - confirm the ...
IMF Loan To Hungary Fully Repaid
- 12 Aug 2013 3:00 AM
- business
The Government has redeemed the remainder of outstanding debt owed to the International Monetary Fund in three foreign currencies, US dollars, Euros and British pounds, as required by the institution. The Government Debt Management Agency transferred USD 1.1bn, EUR 500 million and GBP 260 million for the early repayment. The amount of unutilised loan and proceeds from the USD-denominated ...
Hungarian Government Measures To Safeguard Achievements
- 18 Jun 2013 9:00 AM
- business
Hungarian people have made tremendous efforts to end the Excessive Deficit procedure against the country, but the result “shall be upheld and protected”, and that is the reason the Government has submitted new measures in Parliament, Government Spokesperson András Giró-Szász said, and Minister for National Economy Mihály Varga announced the concrete measures.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Fiscal Measures Available In Hungary To Ensure Lifting Of Excessive Deficit Procedure
- 13 May 2013 9:00 AM
- business
During recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission ...
Agreement Concluded Between European Investment Bank And Hungary
- 7 Dec 2012 8:03 AM
- business
Minister for National Economy György Matolcsy and EIB Vice President Wilhelm Molterer have signed two project financing contracts amounting altogether to 560 million EUR to support the Hungarian economy.