330 result(s) for hungarian gdp growth
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
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 ...
Hungarian GDP Data In Line With Prior Estimates
- 11 Jun 2012 9:00 AM
- business
The Hungarian Central Statistical Office (KSH) has published earlier today GDP data in line with preliminary figures in its detailed release. In Q1 2012 the Hungarian economy – due primarily to negative external market developments – contracted by 0.7 percent.
Hungarian Ministerial Candidate For IMF Negotiations Heard In Parliament
- 23 May 2012 9:00 AM
- current affairs
Mihály Varga, candidate for minister without portfolio for leading the negotiations between Hungary and the IMF and the EU was heard today by the relevant parliamentary committee which supported his appointment in that capacity. As is known, Viktor Orbán is reshuffling his cabinet in some positions; Mihály Varga, who was previously State Secretary of the Prime Minister’s Office and also Finance ...
GDP Data: Hungary In Line With Expectations And More Dynamic Than The EU Average
- 12 Mar 2012 8:00 AM
- current affairs
"In line with preliminary data, Hungarian GDP grew by 1.4 percent in Q4 2011 compared to the corresponding period of the year before – the Hungarian Statistical Office has reported today. The detailed report also suggests that economic growth in Hungary has been significantly higher than the EU average and thus the country has continued closing the gap with the rest of Europe. The year-on-year ...
Hungarian Cabinet Disputes Brussels Decision
- 29 Feb 2012 8:00 AM
- current affairs
"The European Commission’s (EC) proposal to freeze cohesion fund payments to Hungary is unfounded and unfair, the government said in response. It is impossible to comprehend why the Commission has ignored the fact that, for the first time since joining the EU, Hungary's budget deficit was below 3% of GDP in 2011 and will remain under that figure this year, prime ministerial spokesman Peter ...
The Position Of The Government Of Hungary On The Proposal Adopted By The European Commission
- 23 Feb 2012 8:00 AM
- current affairs
"The European Commission on 22 February 2012 issued a proposal to suspend in part the commitments from the Cohesion Fund for Hungary in 2013. Our government regards it as an unfounded and unfair proposal.
Hungarian Monetary Council Wary Of Inflation Risks
- 15 Aug 2012 9:00 AM
- business
Janos Cinkotai and Gyorgy Kocziszky voted for a quarter-point cut in the base rate at the monetary council’s July 24 meeting, while the five other members voted to keep the rate at 7.0%, according to minutes released last week. The majority view was that inflation will remain above the 3% target in 2012 and 2013 due to higher VAT and excise taxes. Inflation is not likely to fall to 3% until ...
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
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 ...
Hungarian GDP Data In Line With Prior Estimates
- 11 Jun 2012 9:00 AM
- business
The Hungarian Central Statistical Office (KSH) has published earlier today GDP data in line with preliminary figures in its detailed release. In Q1 2012 the Hungarian economy – due primarily to negative external market developments – contracted by 0.7 percent.
Hungarian Ministerial Candidate For IMF Negotiations Heard In Parliament
- 23 May 2012 9:00 AM
- current affairs
Mihály Varga, candidate for minister without portfolio for leading the negotiations between Hungary and the IMF and the EU was heard today by the relevant parliamentary committee which supported his appointment in that capacity. As is known, Viktor Orbán is reshuffling his cabinet in some positions; Mihály Varga, who was previously State Secretary of the Prime Minister’s Office and also Finance ...
GDP Data: Hungary In Line With Expectations And More Dynamic Than The EU Average
- 12 Mar 2012 8:00 AM
- current affairs
"In line with preliminary data, Hungarian GDP grew by 1.4 percent in Q4 2011 compared to the corresponding period of the year before – the Hungarian Statistical Office has reported today. The detailed report also suggests that economic growth in Hungary has been significantly higher than the EU average and thus the country has continued closing the gap with the rest of Europe. The year-on-year ...
Hungarian Cabinet Disputes Brussels Decision
- 29 Feb 2012 8:00 AM
- current affairs
"The European Commission’s (EC) proposal to freeze cohesion fund payments to Hungary is unfounded and unfair, the government said in response. It is impossible to comprehend why the Commission has ignored the fact that, for the first time since joining the EU, Hungary's budget deficit was below 3% of GDP in 2011 and will remain under that figure this year, prime ministerial spokesman Peter ...
The Position Of The Government Of Hungary On The Proposal Adopted By The European Commission
- 23 Feb 2012 8:00 AM
- current affairs
"The European Commission on 22 February 2012 issued a proposal to suspend in part the commitments from the Cohesion Fund for Hungary in 2013. Our government regards it as an unfounded and unfair proposal.