435 result(s) for public debt
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Fitch: Hungary Among Most Likely Sovereigns For Investment Grade Upgrade
- 4 Nov 2015 8:00 AM
- business
Hungary’s “BB+” sovereign credit rating is a single notch below investment grade and its outlook is positive and it is likely to be upgraded to investment category, Fitch Ratings said. Ever since Hungary was downgraded to speculative grade in January 2012, its credit profile has improved considerably, consistent with the current positive outlook, Fitch said.
Hungary’s Opposition “Lies” Justify Govt Information Campaign
- 10 Jul 2015 9:00 AM
- current affairs
Both the domestic and the international environment justify the government’s information campaign on the success of Hungary’s reforms, the government spokesman told public television M1. Zoltán Kovács suggested that the planned campaign was designed to counterbalance “sheer lies” by the opposition parties painting a dismal image of the country as “a terrible place where life is painful”.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungarian Government Is Not Happy About Building A Fence
- 19 Jun 2015 9:00 AM
- current affairs
The Government is not happy about building a fence along the Hungarian-Serbian border, but cannot wait; it must guarantee the security of the country, which includes the protection of its borders, János Lázár, the Minister heading the Prime Minister’s Office said at his press conference „Governmentinfo 13. What does the Government do and why?” held jointly with András Giró-Szász, State Secretary ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Xpat Opinion: Hungarian PM Orbán’s Five-Year Balance Sheet
- 2 Jun 2015 9:00 AM
- current affairs
Left-wing commentators find no novelties in the Prime Minister’s assessment of his government’s five years in power. A right-wing analyst on the other hand believes that he announced a new era of moderation after the conflicts of the recent past.
Hungarian Opposition Parties Lambast Govt’s Past 5 Years
- 1 Jun 2015 9:00 AM
- current affairs
Opposition parties have lambasted the last five years of government and criticised Prime Minister Viktor Orbán over his speech at a conference marking the fifth anniversary of his government on Friday. Hungary is a strong country with firm foundations, Orbán said.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Fitch: Hungary Among Most Likely Sovereigns For Investment Grade Upgrade
- 4 Nov 2015 8:00 AM
- business
Hungary’s “BB+” sovereign credit rating is a single notch below investment grade and its outlook is positive and it is likely to be upgraded to investment category, Fitch Ratings said. Ever since Hungary was downgraded to speculative grade in January 2012, its credit profile has improved considerably, consistent with the current positive outlook, Fitch said.
Hungary’s Opposition “Lies” Justify Govt Information Campaign
- 10 Jul 2015 9:00 AM
- current affairs
Both the domestic and the international environment justify the government’s information campaign on the success of Hungary’s reforms, the government spokesman told public television M1. Zoltán Kovács suggested that the planned campaign was designed to counterbalance “sheer lies” by the opposition parties painting a dismal image of the country as “a terrible place where life is painful”.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungarian Government Is Not Happy About Building A Fence
- 19 Jun 2015 9:00 AM
- current affairs
The Government is not happy about building a fence along the Hungarian-Serbian border, but cannot wait; it must guarantee the security of the country, which includes the protection of its borders, János Lázár, the Minister heading the Prime Minister’s Office said at his press conference „Governmentinfo 13. What does the Government do and why?” held jointly with András Giró-Szász, State Secretary ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Xpat Opinion: Hungarian PM Orbán’s Five-Year Balance Sheet
- 2 Jun 2015 9:00 AM
- current affairs
Left-wing commentators find no novelties in the Prime Minister’s assessment of his government’s five years in power. A right-wing analyst on the other hand believes that he announced a new era of moderation after the conflicts of the recent past.
Hungarian Opposition Parties Lambast Govt’s Past 5 Years
- 1 Jun 2015 9:00 AM
- current affairs
Opposition parties have lambasted the last five years of government and criticised Prime Minister Viktor Orbán over his speech at a conference marking the fifth anniversary of his government on Friday. Hungary is a strong country with firm foundations, Orbán said.