373 result(s) for hungary budget deficit
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
Fund Freeze In Hungary Not To Impact Health Spending, Says Official
- 25 Jul 2014 9:00 AM
- health & wellness
The government’s recent decision to freeze 110 billion forints in central budget spending will not impact Hungary’s health care, the state secretary in charge of health announced on Thursday.
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
June Budget Deficit In Hungary Lowest In 12 Years
- 8 Jul 2014 9:00 AM
- business
The budget deficit reached Ft 813.7 billion in the first half, equivalent to 82.6% of the year-end target, the Economy Ministry announced. The budget deficit was Ft 132 billion last month, the lowest June figure since 2002.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.
Hungary National Debt Reaches 85% Of GDP
- 20 Aug 2014 9:00 AM
- business
“The Day of Collapse is approaching. The cabinet’s dilettante economic policy and the central bank’s bad interest and forint policies have resulted in debt reaching its highest level in 20 years”. – Statement issued Monday by opposition political coalition Together-Dialogue for Hungary.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Minister Varga Brushes Off Concern Banks Would Leave Hungary
- 29 Jul 2014 9:00 AM
- business
Measures to bail out troubled forex loan holders will not put Hungary’s banking system at risk, the economy minister said in an interview published in Monday’s business daily Világgazdaság. Banks in Hungary do not have the slightest intention of pulling out of the country, Mihály Varga said.
Fund Freeze In Hungary Not To Impact Health Spending, Says Official
- 25 Jul 2014 9:00 AM
- health & wellness
The government’s recent decision to freeze 110 billion forints in central budget spending will not impact Hungary’s health care, the state secretary in charge of health announced on Thursday.
Hungarian Govt To Freeze 110 Billion Forints In Spending
- 18 Jul 2014 9:00 AM
- current affairs
The government will freeze 110 billion forints (EUR 355m) in central budget expenditures to ensure that this year’s 2.9%-of-GDP deficit target can be met, Economy Minister Mihály Varga said on Thursday. The freeze will not affect families or businesses, only government expenditures, he said at a conference of the Hungarian Economic Association and the Fiscal Council.
June Budget Deficit In Hungary Lowest In 12 Years
- 8 Jul 2014 9:00 AM
- business
The budget deficit reached Ft 813.7 billion in the first half, equivalent to 82.6% of the year-end target, the Economy Ministry announced. The budget deficit was Ft 132 billion last month, the lowest June figure since 2002.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.
















