85 result(s) for spending in Business
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Budget May Be Amended To Reflect Hungary’s Cost Of Migration Measures
- 15 Sep 2015 9:00 AM
- business
If the migration crisis is sustained it may be necessary to amend the budget, though for the time being measures can be paid for by making internal budget transfers, the economy minister said. Mihály Varga told public service news website hirado. hu that the government had spent almost 30 billion forints (EUR 96m) on fortifying the Serbian-Hungarian border. In addition are extra costs related to ...
Hungary Rejects EC Economic Policy Advice
- 29 Jun 2015 9:00 AM
- business
Hungary cannot accept two of the European Commission’s country-specific economic policy recommendations, Prime Minister Viktor Orbán said. One of these are the comments on its fostered work programme and the other is in connection with planned budget adjustments, Orbán said after an EU summit in Brussels. The European Council has declared the recommendations “generally acceptable”, which means ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.
Budget Chapters In Hungary Set For 2016
- 14 May 2015 9:00 AM
- business
The defence budget will be just below 300 billion forints, up 50 billion forints from 2015. The ministry of defence will contribute 4 billion forints to NATO’s budget and 2.29 billion forints to NATO’s Security Investment Programme. The interior ministry, which includes law enforcement, will have its budget raised from 483.7 billion forints this year to 504.7 billion in 2016. The budget of local ...
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
EC Clears Five Hungarian Programmes For Funding In 2014-2020
- 16 Feb 2015 8:00 AM
- business
The European Commission (EC) has approved five of Hungary’s operative programmes for European Union funding in 2014-2020, the EC announced.
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Budget May Be Amended To Reflect Hungary’s Cost Of Migration Measures
- 15 Sep 2015 9:00 AM
- business
If the migration crisis is sustained it may be necessary to amend the budget, though for the time being measures can be paid for by making internal budget transfers, the economy minister said. Mihály Varga told public service news website hirado. hu that the government had spent almost 30 billion forints (EUR 96m) on fortifying the Serbian-Hungarian border. In addition are extra costs related to ...
Hungary Rejects EC Economic Policy Advice
- 29 Jun 2015 9:00 AM
- business
Hungary cannot accept two of the European Commission’s country-specific economic policy recommendations, Prime Minister Viktor Orbán said. One of these are the comments on its fostered work programme and the other is in connection with planned budget adjustments, Orbán said after an EU summit in Brussels. The European Council has declared the recommendations “generally acceptable”, which means ...
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
Xpat Opinion: Hungary's 2016 Draft Budget Tabled In Parliament
- 19 May 2015 9:00 AM
- business
As Mihály Varga Minister of National Economy submits the draft of the 2016 budget to Parliament, analysts from across the political spectrum assess it according to their own political tastes and leanings.
Budget Chapters In Hungary Set For 2016
- 14 May 2015 9:00 AM
- business
The defence budget will be just below 300 billion forints, up 50 billion forints from 2015. The ministry of defence will contribute 4 billion forints to NATO’s budget and 2.29 billion forints to NATO’s Security Investment Programme. The interior ministry, which includes law enforcement, will have its budget raised from 483.7 billion forints this year to 504.7 billion in 2016. The budget of local ...
IMF Raises Hungary 2015 Growth Forecast
- 15 Apr 2015 9:00 AM
- business
The International Monetary Fund (IMF) has raised its projection for economic growth in Hungary this year to 2.7% from 2.3% predicted last October. In its World Economic Outlook published Tuesday, the Fund said economic growth remained strong in Hungary but it is expected to decline this year on account of lower investment growth and less supportive fiscal conditions.
Hungary Near Top On The “Corrupt Countries” List
- 9 Apr 2015 9:00 AM
- business
There are a variety of signs, some screaming to be notices, others barely visible that signal corruption could be present in a public procurement. Hungary came out near the top of a sample of countries that were showing signs of corruption, István János Tóth, co-founder and director of Corruption Research Center, Budapest (CRCB), tells business website portfolio.hu.
EC Clears Five Hungarian Programmes For Funding In 2014-2020
- 16 Feb 2015 8:00 AM
- business
The European Commission (EC) has approved five of Hungary’s operative programmes for European Union funding in 2014-2020, the EC announced.