43 result(s) for government expenditure in Business
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.
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Higher VAT And Cutbacks Boost Budget In Hungary
- 1 Mar 2012 8:01 AM
- business
"The budget recorded a Ft 107.3 billion surplus in January, in line with initial estimates, according to final data released recently by the Economy Ministry. The budget ran a Ft 122.8 billion deficit in January 2011.
Hungarian Gov’t Strains To Meet Budget Target
- 17 Dec 2010 7:00 AM
- business
"The government has cut ministries’ spending by Ft 100 billion for the month of December following reports that the state budget was at 151% of the year-end target at the end of November, Napi Gazdasag reports. The cabinet issued a decree setting a Ft 371 billion spending ceiling for the month of December in order to meet the 3.8% budget deficit target for 2010.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
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.
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
Higher VAT And Cutbacks Boost Budget In Hungary
- 1 Mar 2012 8:01 AM
- business
"The budget recorded a Ft 107.3 billion surplus in January, in line with initial estimates, according to final data released recently by the Economy Ministry. The budget ran a Ft 122.8 billion deficit in January 2011.
Hungarian Gov’t Strains To Meet Budget Target
- 17 Dec 2010 7:00 AM
- business
"The government has cut ministries’ spending by Ft 100 billion for the month of December following reports that the state budget was at 151% of the year-end target at the end of November, Napi Gazdasag reports. The cabinet issued a decree setting a Ft 371 billion spending ceiling for the month of December in order to meet the 3.8% budget deficit target for 2010.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.