1,621 result(s) for hungary budget
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.
Budapest Transport, Ministry Sign Metro 3 Renovation Contract
- 6 May 2016 9:00 AM
- getting around
The renovation of Budapest’s metro 3 under a contract signed on Thursday is scheduled to receive 120 billion forints in European Union funding and 20 billion from the central budget, a government official said. The contract was signed by Budapest transport company BKV chairman-CEO Tibor Bolla and National Development Ministry deputy state secretary Flórián Szalóki.
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Xpat Opinion: The 10 Most Outrageous Things In 2017 Budget According To 444.Hu
- 2 May 2016 9:00 AM
- current affairs
Hungarian news site 444.hu published an article Thursday entitled “The Top Ten Most Outrageous Things Financed in the 2017 Budget. While one can certainly argue that ridiculous (and superfluous) things are financed by states around the world, it is worth pointing out here that 444‘s list looks especially outrageous when one considers the dismal state of education and health-care.
Jobbik Finds Government’s “Self-Promotion” Too Expensive
- 29 Apr 2016 9:00 AM
- current affairs
The government’s plans to spend a total 15.6 billion forints (EUR 48.5m) on “communication and consultations” as outlined in the 2017 budget are unacceptable for radical nationalist Jobbik. Dániel Z Kárpát, Jobbik’s deputy leader, told a press conference on Thursday that the government seeks to increase funding for its “propaganda ministry” by ten times, and noted that the prime minister’s ...
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
City Council Cuts Budapest Festival Orchestra Funding By HUF 200 M
- 28 Apr 2016 9:00 AM
- community & culture
The Budapest general assembly voted to cut funding for the internationally celebrated Budapest Festival Orchestra from last year’s 260 million forints (EUR 840,000) to 60 million forints. Budapest Deputy Mayor Alexandra Szalay- Bobrovniczky said in the debate on the orchestra’s funding that it receives a significant amount of state support alongside the money it gets from the city.
Matolcsy: Criticism On Central Bank Foundations Political Bluff
- 9 May 2016 9:00 AM
- current affairs
Criticism of the central bank and its foundations is “political bluff”, the bank’s governor György Matolcsy said in an interview published in Friday’s daily Magyar Nemzet. Matolcsy said he highly valued the trust placed in him by Prime Minister Viktor Orbán and he was sure that they would continue to work together.
Budapest Transport, Ministry Sign Metro 3 Renovation Contract
- 6 May 2016 9:00 AM
- getting around
The renovation of Budapest’s metro 3 under a contract signed on Thursday is scheduled to receive 120 billion forints in European Union funding and 20 billion from the central budget, a government official said. The contract was signed by Budapest transport company BKV chairman-CEO Tibor Bolla and National Development Ministry deputy state secretary Flórián Szalóki.
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.
Unions, Left-Wing Parties Voice Demands On Labour Day
- 2 May 2016 9:00 AM
- current affairs
Hungary’s trade unions called for joint efforts to reduce the vulnerability of workers while opposition parties demanded higher wages for workers on Labour Day. The heads of Hungary’s five trade union confederations said in the City Park that the Labour Code should be revised, a fairer tax system introduced and the minimum wage raised to subsistence level.
IMF Urges Policy Reform To Improve Investment Climate
- 2 May 2016 9:00 AM
- current affairs
The International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled consultations. “Increased market confidence and enhanced competitiveness would lift private investment, including from abroad.
Xpat Opinion: The 10 Most Outrageous Things In 2017 Budget According To 444.Hu
- 2 May 2016 9:00 AM
- current affairs
Hungarian news site 444.hu published an article Thursday entitled “The Top Ten Most Outrageous Things Financed in the 2017 Budget. While one can certainly argue that ridiculous (and superfluous) things are financed by states around the world, it is worth pointing out here that 444‘s list looks especially outrageous when one considers the dismal state of education and health-care.
Jobbik Finds Government’s “Self-Promotion” Too Expensive
- 29 Apr 2016 9:00 AM
- current affairs
The government’s plans to spend a total 15.6 billion forints (EUR 48.5m) on “communication and consultations” as outlined in the 2017 budget are unacceptable for radical nationalist Jobbik. Dániel Z Kárpát, Jobbik’s deputy leader, told a press conference on Thursday that the government seeks to increase funding for its “propaganda ministry” by ten times, and noted that the prime minister’s ...
2017 Budget Bill Targets Deficit Of HUF 1,166.4 BN
- 28 Apr 2016 9:00 AM
- business
Hungary’s budget is expected to run a cash-flow-based deficit of 1,166.4 billion forints (EUR 3.7bn) next year, well above the 761.6 billion gap targeted for 2016. The 2017 budget bill targets revenue of 17,374.9 billion forints and expenditures of 18,541.3 billion.
City Council Cuts Budapest Festival Orchestra Funding By HUF 200 M
- 28 Apr 2016 9:00 AM
- community & culture
The Budapest general assembly voted to cut funding for the internationally celebrated Budapest Festival Orchestra from last year’s 260 million forints (EUR 840,000) to 60 million forints. Budapest Deputy Mayor Alexandra Szalay- Bobrovniczky said in the debate on the orchestra’s funding that it receives a significant amount of state support alongside the money it gets from the city.