1,723 result(s) for local government
Banks In Hungary May Face Losses On Local Debt Consolidation
- 9 Nov 2012 8:00 AM
- business
Banks could face massive losses, running as high as Ft 100 billion, if the state requests discounts from them when taking over the debt of local governments, Népszabadság reports. The state would pay only 75-80% of the value of what it deems bad or risky loans held by local governments to banks in the process of assuming the debt of municipalities, according to information from Fidesz politicians.
A Positive Image Of The Roma Must Be Developed In Hungary
- 6 Nov 2012 8:00 AM
- current affairs
The Roma minority should trust in the rights afforded them by the constitution and break its victim mentality while the majority should stop sweeping Roma problems under the carpet, Hungary's Minister of Human Resources told “The future of the European Roma” conference on Monday.
Hungary's Fidesz Vice President Calls For Renegotiation Of Local Gov’t Debt
- 31 Oct 2012 8:00 AM
- current affairs
The state should renegotiate the terms of the Ft 612 billion of debt it will take over from local governments, Fidesz vice president Lajos Kósa told M1 on Tuesday morning. He said talks should be held with the six banks who have extended loans to local authorities, on such questions as yields and instalments.
Plans To Take Over A Part Of Hungary's Local Governments’ Debt To Be Discussed On 7 November
- 30 Oct 2012 8:00 AM
- current affairs
The Government will discuss its plans to take over a part of local government’s debt at its session on 7 November, Government Spokesman András Giró-Szász said on public television M1 on Monday.
The Hungarian Government Announces A New Set Of Fiscal Measures
- 18 Oct 2012 9:00 AM
- current affairs
Although the Hungarian Government, along with leading financial analysts, forecasted that the fiscal adjustment measures announced earlier in October would be sufficient to meet the 2013 budget targets, the Government has decided to complement those measures with a further adjustment package worth 367 billion forints (EUR 1.3bn) in 2013, thus avoiding any new steps in the Excessive Deficit ...
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Mesterházy Welcomes The Socialist Victory In Sopron, Hungary
- 9 Oct 2012 9:00 AM
- current affairs
The Socialist victory in the Sopron local council by-election on Sunday is a psychologically impor-tant one, as it proves that Fidesz can be beaten with a good candidate and a realistic platform, party president Attila Mesterházy told a Monday press conference.
Minister Matolcsy Announces New Fiscal Package In Hungary
- 8 Oct 2012 9:02 AM
- business
Minister for National Economy György Matolcsy held a press conference earlier this morning where he announced a fiscal adjustment package totalling 397 billion forints, which will ensure that a budget deficit below 3% of GDP will be achieved.
Banks In Hungary May Face Losses On Local Debt Consolidation
- 9 Nov 2012 8:00 AM
- business
Banks could face massive losses, running as high as Ft 100 billion, if the state requests discounts from them when taking over the debt of local governments, Népszabadság reports. The state would pay only 75-80% of the value of what it deems bad or risky loans held by local governments to banks in the process of assuming the debt of municipalities, according to information from Fidesz politicians.
A Positive Image Of The Roma Must Be Developed In Hungary
- 6 Nov 2012 8:00 AM
- current affairs
The Roma minority should trust in the rights afforded them by the constitution and break its victim mentality while the majority should stop sweeping Roma problems under the carpet, Hungary's Minister of Human Resources told “The future of the European Roma” conference on Monday.
Hungary's Fidesz Vice President Calls For Renegotiation Of Local Gov’t Debt
- 31 Oct 2012 8:00 AM
- current affairs
The state should renegotiate the terms of the Ft 612 billion of debt it will take over from local governments, Fidesz vice president Lajos Kósa told M1 on Tuesday morning. He said talks should be held with the six banks who have extended loans to local authorities, on such questions as yields and instalments.
Plans To Take Over A Part Of Hungary's Local Governments’ Debt To Be Discussed On 7 November
- 30 Oct 2012 8:00 AM
- current affairs
The Government will discuss its plans to take over a part of local government’s debt at its session on 7 November, Government Spokesman András Giró-Szász said on public television M1 on Monday.
The Hungarian Government Announces A New Set Of Fiscal Measures
- 18 Oct 2012 9:00 AM
- current affairs
Although the Hungarian Government, along with leading financial analysts, forecasted that the fiscal adjustment measures announced earlier in October would be sufficient to meet the 2013 budget targets, the Government has decided to complement those measures with a further adjustment package worth 367 billion forints (EUR 1.3bn) in 2013, thus avoiding any new steps in the Excessive Deficit ...
Hungary's Government Boosts Bank Tax In Effort To Meet EU Deficit Target
- 18 Oct 2012 9:00 AM
- current affairs
Economy Minister Gyorgy Matolcsy yesterday announced that the tax on banks will not be halved in 2013 and that the tax on financial transactions will be increased as part of a response to EU criticisms that he called “professionally faulty, unjustified and proof of double standards”.
Minister Of State Cséfalvay On The Hungarian Economy And Talks With The IMF
- 17 Oct 2012 9:00 AM
- current affairs
“Europe was slumbering in the past decade and so was Hungary”, as no real reforms had been implemented either domestically or abroad – Minister of State for Economic Strategy pointed out in his speech held at the Budapest Economic Forum. The Minister of State at the Ministry for National Economy has described those key reasons which had caused a dual, political-economic crisis in the euro-zone ...
Mesterházy Welcomes The Socialist Victory In Sopron, Hungary
- 9 Oct 2012 9:00 AM
- current affairs
The Socialist victory in the Sopron local council by-election on Sunday is a psychologically impor-tant one, as it proves that Fidesz can be beaten with a good candidate and a realistic platform, party president Attila Mesterházy told a Monday press conference.
Minister Matolcsy Announces New Fiscal Package In Hungary
- 8 Oct 2012 9:02 AM
- business
Minister for National Economy György Matolcsy held a press conference earlier this morning where he announced a fiscal adjustment package totalling 397 billion forints, which will ensure that a budget deficit below 3% of GDP will be achieved.