• 23 Apr 2024

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81 result(s) for recovery in Finance

EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
Another HUF 170 billion in EU Funding Received by Hungary

Another HUF 170 billion in EU Funding Received by Hungary

Hungary has received another 170 billion forints (EUR 445m) in European Union funding, Finance Minister Mihály Varga said on Facebook on Tuesday.
Base Rate Cut by Central Bank in Hungary

Base Rate Cut by Central Bank in Hungary

Hungarian central bank (NBH) rate-setters cut the base rate by 75 basis points, to 10.75%, at a regular policy meeting.
Billions of Euros for Hungary Remain Suspended by EC

Billions of Euros for Hungary Remain Suspended by EC

The European Commission said in a statement issued in Brussels on Wednesday that Hungary had not addressed the breaches of the principles of the rule of law that led to the adoption of measures by the Council in December 2022.
900 Million Euros Coming as EU “Finally Allowing Hungary to Access Funds”

900 Million Euros Coming as EU “Finally Allowing Hungary to Access Funds”

The European Council has decided to release 900 million euros from the Recovery and Resilience Facility to finance projects approved in the RePowerEU chapter which aims to ensure affordable, secure and sustainable energy supplies.
Analysis: GDP Contracts by 2.4% in Hungary

Analysis: GDP Contracts by 2.4% in Hungary

Hungary’s economy contracted by an annual 2.4% in the second quarter, a first reading of data released by the Central Statistical Office (KSH) shows.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
Another HUF 170 billion in EU Funding Received by Hungary

Another HUF 170 billion in EU Funding Received by Hungary

Hungary has received another 170 billion forints (EUR 445m) in European Union funding, Finance Minister Mihály Varga said on Facebook on Tuesday.
Base Rate Cut by Central Bank in Hungary

Base Rate Cut by Central Bank in Hungary

Hungarian central bank (NBH) rate-setters cut the base rate by 75 basis points, to 10.75%, at a regular policy meeting.
Billions of Euros for Hungary Remain Suspended by EC

Billions of Euros for Hungary Remain Suspended by EC

The European Commission said in a statement issued in Brussels on Wednesday that Hungary had not addressed the breaches of the principles of the rule of law that led to the adoption of measures by the Council in December 2022.
900 Million Euros Coming as EU “Finally Allowing Hungary to Access Funds”

900 Million Euros Coming as EU “Finally Allowing Hungary to Access Funds”

The European Council has decided to release 900 million euros from the Recovery and Resilience Facility to finance projects approved in the RePowerEU chapter which aims to ensure affordable, secure and sustainable energy supplies.
Analysis: GDP Contracts by 2.4% in Hungary

Analysis: GDP Contracts by 2.4% in Hungary

Hungary’s economy contracted by an annual 2.4% in the second quarter, a first reading of data released by the Central Statistical Office (KSH) shows.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

Hungary Scrutiny: Visiting Committee has Serious Concerns about Unlocking EU Funding

The delegation of the European Parliament’s Committee on Budgetary Control called on the Hungarian government to act more responsibly in distributing EU funds, include regional authorities in decision-making instead of a “top-down” approach and meet the criteria required for releasing the funds withheld from Hungary, the head of the delegation told a press conference.