131 result(s) for hungary budget deficit in Current Affairs
Xpat Opinion: New Reactions To Adjustment Package In Hungary
- 10 Oct 2012 9:02 AM
- current affairs
The editorial of a pro-government daily describes the package as a necessity under the constraints of the global economic crisis, while a centrist economist dismisses it as yet another unrealistic plan.
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Viktor Orbán: There Will Be An Agreement Between IMF And Hungary
- 10 Sep 2012 9:00 AM
- current affairs
According to Prime Minister Viktor Orbán, there will be an agreement between the Hungarian government and the International Monetary Fund, but not based on the conditions that were revealed on Thursday. This is why the cabinet is elaborating alternative IMF/EU negotiation positions – he added on Kossuth Radio's 180 minutes program.
Xpat Opinion: Is Hungary Playing For Time With The IMF?
- 9 Aug 2012 12:55 PM
- current affairs
A conservative columnist suspects that the government will only revise its controversial fiscal policy and budget forecasts for next year if forced to do so by financial markets.
EU - IMF - Hungary Talks May Already Begin In July
- 9 Jul 2012 9:04 AM
- current affairs
90% of Hungarian Parliament voted in favour of modifying the Central Bank Act, announced Mihály Varga, the Minister in charge of IMF Talks on Friday. The minister explained that the most important elements of the proposal were retained.
Mayor Suspends Councillors’ Salaries In Hungary
- 9 Jul 2012 9:00 AM
- current affairs
Independent mayor Éva Tétényi has suspended payment of councillors’ honorariums from July due to Esztergom’s Ft 1 billion budget deficit, town hall press chief István H. Váczy announced on Friday.
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.
Xpat Opinion: New Reactions To Adjustment Package In Hungary
- 10 Oct 2012 9:02 AM
- current affairs
The editorial of a pro-government daily describes the package as a necessity under the constraints of the global economic crisis, while a centrist economist dismisses it as yet another unrealistic plan.
Xpat Opinion: Matolcsy’s 397 Billion Forint Adjustment Package In Hungary
- 9 Oct 2012 9:00 AM
- current affairs
Columnists wonder whether or not the government’s announcement that it will restructure the 2013 budget in order to save 397 billion Forints means that it has abandoned its previous economic strategy . Left-wing and liberal analysts believe that the government has thereby admitted the failure of its previous earlier policies. A pro-government pundit suggests that it is too early to reach a ...
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Viktor Orbán: There Will Be An Agreement Between IMF And Hungary
- 10 Sep 2012 9:00 AM
- current affairs
According to Prime Minister Viktor Orbán, there will be an agreement between the Hungarian government and the International Monetary Fund, but not based on the conditions that were revealed on Thursday. This is why the cabinet is elaborating alternative IMF/EU negotiation positions – he added on Kossuth Radio's 180 minutes program.
Xpat Opinion: Is Hungary Playing For Time With The IMF?
- 9 Aug 2012 12:55 PM
- current affairs
A conservative columnist suspects that the government will only revise its controversial fiscal policy and budget forecasts for next year if forced to do so by financial markets.
EU - IMF - Hungary Talks May Already Begin In July
- 9 Jul 2012 9:04 AM
- current affairs
90% of Hungarian Parliament voted in favour of modifying the Central Bank Act, announced Mihály Varga, the Minister in charge of IMF Talks on Friday. The minister explained that the most important elements of the proposal were retained.
Mayor Suspends Councillors’ Salaries In Hungary
- 9 Jul 2012 9:00 AM
- current affairs
Independent mayor Éva Tétényi has suspended payment of councillors’ honorariums from July due to Esztergom’s Ft 1 billion budget deficit, town hall press chief István H. Váczy announced on Friday.
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.