373 result(s) for hungary budget deficit
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Video: International Spokesperson On CNBC: Hungary’s Economy Is On A Good Path
- 2 Dec 2014 8:00 AM
- business
Zoltán Kovács, the government’s international spokesperson discussed the improvements the Hungarian economy has made since joining the European Union. He emphasized that the country has managed to bring down the budget deficit below 3%, and the unemployment rate has dropped to 7.3% this year.
Moody’s Sees Improved But Still Slow Mid-Term Growth Outlook For Hungary
- 26 Nov 2014 8:00 AM
- business
Hungary’s medium-term economic growth prospects have improved, though they remain low and will continue to lag behind those of regional peers and thus complicate the government’s efforts to reduce its substantial debt burden, Moody’s Investors Service said.
Private Pension Funds To Be Eliminated In Hungary By 2015
- 25 Nov 2014 8:00 AM
- current affairs
Reuters has reported that Hungary’s mandatory private pension funds could be eliminated by the end of this year if a new government measure that requires a highly active membership is passed. The Hungarian government has already been tapping the private schemes since 2010 for 360 billion forints (0.96 billion pounds) a year to cut the state budget deficit.
Orbán Outlines Hungary’s Development Plans
- 20 Nov 2014 8:00 AM
- current affairs
In the years ahead, the government plans to implement the largest economic development programme of all time, the prime minister said. Every Hungarian home will be connected to broadband internet, and by 2018 all motorways will be extended to the border.
Xpat Opinion: US Pressure On Hungary Is Here To Stay
- 13 Nov 2014 11:35 AM
- current affairs
Analysts agree that the American pressure on Hungary is largely motivated by geopolitical considerations and is bound to increase unless the government makes resolute concessions. They admit however that it is difficult for Hungary’s leaders to retreat from positions they have vehemently defended so far.
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.
Hungary’s Performance Justifies Rating Agency Upgrade
- 26 Sep 2014 9:00 AM
- business
Hungary’s economic indicators would justify an upgrade by credit rating agencies, Zoltán Cséfalvay, head of Hungary’s permanent representation to the OECD, told business daily Napi Gazdaság. “Based on the indicators for job creation, investments, exports, growth and the budget deficit Hungary is no longer at the level where it is kept by the credit rating agencies.
Hungary’s Opposition Parties Slam Govt Plans
- 16 Dec 2014 8:00 AM
- current affairs
Opposition politicians savaged the government’s economic policies ahead of the budget vote. Socialist lawmaker Sándor Burány said that the budget was based on tax rises which had a common theme: the government was taxing everything it possibly could. The Socialist head of parliament’s budget committee said the government’s goal was to safeguard the deficit target while paying for “prestige ...
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Video: International Spokesperson On CNBC: Hungary’s Economy Is On A Good Path
- 2 Dec 2014 8:00 AM
- business
Zoltán Kovács, the government’s international spokesperson discussed the improvements the Hungarian economy has made since joining the European Union. He emphasized that the country has managed to bring down the budget deficit below 3%, and the unemployment rate has dropped to 7.3% this year.
Moody’s Sees Improved But Still Slow Mid-Term Growth Outlook For Hungary
- 26 Nov 2014 8:00 AM
- business
Hungary’s medium-term economic growth prospects have improved, though they remain low and will continue to lag behind those of regional peers and thus complicate the government’s efforts to reduce its substantial debt burden, Moody’s Investors Service said.
Private Pension Funds To Be Eliminated In Hungary By 2015
- 25 Nov 2014 8:00 AM
- current affairs
Reuters has reported that Hungary’s mandatory private pension funds could be eliminated by the end of this year if a new government measure that requires a highly active membership is passed. The Hungarian government has already been tapping the private schemes since 2010 for 360 billion forints (0.96 billion pounds) a year to cut the state budget deficit.
Orbán Outlines Hungary’s Development Plans
- 20 Nov 2014 8:00 AM
- current affairs
In the years ahead, the government plans to implement the largest economic development programme of all time, the prime minister said. Every Hungarian home will be connected to broadband internet, and by 2018 all motorways will be extended to the border.
Xpat Opinion: US Pressure On Hungary Is Here To Stay
- 13 Nov 2014 11:35 AM
- current affairs
Analysts agree that the American pressure on Hungary is largely motivated by geopolitical considerations and is bound to increase unless the government makes resolute concessions. They admit however that it is difficult for Hungary’s leaders to retreat from positions they have vehemently defended so far.
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.
Hungary’s Performance Justifies Rating Agency Upgrade
- 26 Sep 2014 9:00 AM
- business
Hungary’s economic indicators would justify an upgrade by credit rating agencies, Zoltán Cséfalvay, head of Hungary’s permanent representation to the OECD, told business daily Napi Gazdaság. “Based on the indicators for job creation, investments, exports, growth and the budget deficit Hungary is no longer at the level where it is kept by the credit rating agencies.