460 result(s) for public debt
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
'Seriously About Paks' Event, Budapest, 16 September
- 16 Sep 2014 9:03 AM
- current affairs
The planned new nuclear power plant in Paks raises a number of economic, security, geopolitical and social issues, which have barely been mentioned in the Hungarian public media. Energiaklub launches a series of events titled ’Seriously about Paks’. Each event will focus on a specific issue. Foreign and local experts and researchers exchange their views, along special ad hoc studies.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarians Freedom Fighters Say PM Orbán
- 21 Aug 2014 9:00 AM
- current affairs
Hungarians are freedom fighters who only feel good if they live in an “order of freedom”, Prime Minister Viktor Orbán said near Sopron on Tuesday. Addressing a commemoration, Orbán said the level of freedom has indisputably improved over the past 25 years and in this respect the democratic transition has earned top marks.
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. ...
Xpat Opinion: Hungarian Weeklies On Orbán’s ‘Illiberal Democracy’
- 6 Aug 2014 9:00 AM
- current affairs
In their comments on the Prime Minister’s speech in Baile Tusnad (Tusnádfürdő) on July 26th, left-liberal weeklies accuse Viktor Orbán of openly opting for dictatorship instead of western democracy. Pro-government analysts retort that the speech has been distorted by the left.
Below The Radar – Avoiding Scrutiny In Public Procurement In Hungary
- 4 Aug 2014 9:00 AM
- current affairs
Public procurement practices in Hungary are characterised by close relationships between many Hungarian state institutions and their networks of friendly contractors, which in turn demonstrate a good and very detailed grasp of the relevant legislation. In essence there is a limit below which government agencies can procure goods and services without having to announce an open call for bids. Since ...
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.
EBRD Raises Hungary Growth Forecast
- 19 Sep 2014 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) has raised its forecast for Hungary’s GDP growth this year to 2.8% from 1.6%, noting the effect on Hungary of the Russian sanctions has been “limited”. It expects output to grow by 2.2% in 2015.
'Seriously About Paks' Event, Budapest, 16 September
- 16 Sep 2014 9:03 AM
- current affairs
The planned new nuclear power plant in Paks raises a number of economic, security, geopolitical and social issues, which have barely been mentioned in the Hungarian public media. Energiaklub launches a series of events titled ’Seriously about Paks’. Each event will focus on a specific issue. Foreign and local experts and researchers exchange their views, along special ad hoc studies.
Former MNB Vice-Governor: Hungary Needs A Miracle
- 25 Aug 2014 9:00 AM
- business
Hungary’s national debt of 85.1% of GDP is so high that it will take a miracle for the government to avoid breaking its own constitutional stipulation that it set out in the Basic Law, former National Bank of Hungary (MNB) vice-governor Zoltán Bodnár said this week.
Hungary’s Banking Sector Reports Enormous Q2 Losses
- 25 Aug 2014 4:00 AM
- business
Hungary’s banking sector reported enormous losses totaling HUF 361 billion (USD 1.57 billion) in Q2 2014 according to data released by the Hungarian National Bank (MNB) on Friday. This was mainly due to massive provisions against losses to cover the costs of refunding clients for past charges resulting from the currency spread and higher interest rates approved without the client’s consent.
Hungarians Freedom Fighters Say PM Orbán
- 21 Aug 2014 9:00 AM
- current affairs
Hungarians are freedom fighters who only feel good if they live in an “order of freedom”, Prime Minister Viktor Orbán said near Sopron on Tuesday. Addressing a commemoration, Orbán said the level of freedom has indisputably improved over the past 25 years and in this respect the democratic transition has earned top marks.
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. ...
Xpat Opinion: Hungarian Weeklies On Orbán’s ‘Illiberal Democracy’
- 6 Aug 2014 9:00 AM
- current affairs
In their comments on the Prime Minister’s speech in Baile Tusnad (Tusnádfürdő) on July 26th, left-liberal weeklies accuse Viktor Orbán of openly opting for dictatorship instead of western democracy. Pro-government analysts retort that the speech has been distorted by the left.
Below The Radar – Avoiding Scrutiny In Public Procurement In Hungary
- 4 Aug 2014 9:00 AM
- current affairs
Public procurement practices in Hungary are characterised by close relationships between many Hungarian state institutions and their networks of friendly contractors, which in turn demonstrate a good and very detailed grasp of the relevant legislation. In essence there is a limit below which government agencies can procure goods and services without having to announce an open call for bids. Since ...
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.