1,049 result(s) for state budget
Lawmakers Pass Package For 2017 Budget
- 8 Jun 2016 9:00 AM
- business
Parliament approved a package of bills submitted by the government in connection with Hungary’s 2017 budget. The package includes amendments regulating the state budget, the law on the central budget and the elimination of separate state funds.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Xpat Opinion: Anti-Soros Campaign Intensifies In Hungary
- 30 May 2016 9:00 AM
- current affairs
A full-fledged witch hunt is taking place in Hungary against a not-at-all favorite son, George Soros. Two weeks ago I already wrote a post on the Orbán government’s reaction to the less than flattering remarks of Bill Clinton about Poland and Hungary, two countries that decided that “democracy is too much trouble [and] they want Putin-like leadership.”
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Xpat Opinion: Bill Clinton Accuses Hungarians Of Opting For Autocracy
- 24 May 2016 10:00 AM
- current affairs
Commentators find Bill Clinton’s remarks on Hungary unfair, but for differing reasons. At a Hillary Clinton campaign rally in New Jersey last Friday, the former President said that although Poland and Hungary owed their freedom to the United States, “they want Putin-like leadership: Just give me an authoritarian dictatorship and keep the foreigners out.”
Cost To Hungary Of EU Migrant ‘Fines ’ Would Be HUF 100 BN
- 12 May 2016 3:00 AM
- current affairs
If Hungary paid the “fines” for refusing to accept migrants as part of the European Union’s quota system, the budget would be around 100 billion forints (EUR 322m) worse off, the state secretary for government communications said. Bence Tuzson noted that Brussels had indicated a levy of 250,000 euros per migrant would be imposed on countries refusing to participate in the scheme, and Hungary ...
Tarlós: City Council To Continue Supporting Festival Orchestra
- 10 May 2016 9:00 AM
- community & culture
The Budapest city council will in the future continue to support the Budapest Festival Orchestra to the extent that its budget permits, Budapest Mayor István Tarlós said. Last month, the Municipal Assembly voted to cut funding for the orchestra by 200 million forints (EUR 940,000) to 60 million.
Budapest Transport, Ministry Sign Metro 3 Renovation Contract
- 6 May 2016 9:00 AM
- getting around
The renovation of Budapest’s metro 3 under a contract signed on Thursday is scheduled to receive 120 billion forints in European Union funding and 20 billion from the central budget, a government official said. The contract was signed by Budapest transport company BKV chairman-CEO Tibor Bolla and National Development Ministry deputy state secretary Flórián Szalóki.
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.
Lawmakers Pass Package For 2017 Budget
- 8 Jun 2016 9:00 AM
- business
Parliament approved a package of bills submitted by the government in connection with Hungary’s 2017 budget. The package includes amendments regulating the state budget, the law on the central budget and the elimination of separate state funds.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Xpat Opinion: Anti-Soros Campaign Intensifies In Hungary
- 30 May 2016 9:00 AM
- current affairs
A full-fledged witch hunt is taking place in Hungary against a not-at-all favorite son, George Soros. Two weeks ago I already wrote a post on the Orbán government’s reaction to the less than flattering remarks of Bill Clinton about Poland and Hungary, two countries that decided that “democracy is too much trouble [and] they want Putin-like leadership.”
Opposition Slams Central Bank For Deals With Offshore Businesses
- 30 May 2016 9:00 AM
- business
The central bank and its foundations are doing business with offshore companies including property purchases and the bank has become a “five-star hotel for offshore knights”, the green opposition LMP said on Saturday. LMP has proposed in parliament that the central bank should transfer its profits to the central budget but the ruling majority has rejected this, deputy group leader Erzsébet ...
Xpat Opinion: Bill Clinton Accuses Hungarians Of Opting For Autocracy
- 24 May 2016 10:00 AM
- current affairs
Commentators find Bill Clinton’s remarks on Hungary unfair, but for differing reasons. At a Hillary Clinton campaign rally in New Jersey last Friday, the former President said that although Poland and Hungary owed their freedom to the United States, “they want Putin-like leadership: Just give me an authoritarian dictatorship and keep the foreigners out.”
Cost To Hungary Of EU Migrant ‘Fines ’ Would Be HUF 100 BN
- 12 May 2016 3:00 AM
- current affairs
If Hungary paid the “fines” for refusing to accept migrants as part of the European Union’s quota system, the budget would be around 100 billion forints (EUR 322m) worse off, the state secretary for government communications said. Bence Tuzson noted that Brussels had indicated a levy of 250,000 euros per migrant would be imposed on countries refusing to participate in the scheme, and Hungary ...
Tarlós: City Council To Continue Supporting Festival Orchestra
- 10 May 2016 9:00 AM
- community & culture
The Budapest city council will in the future continue to support the Budapest Festival Orchestra to the extent that its budget permits, Budapest Mayor István Tarlós said. Last month, the Municipal Assembly voted to cut funding for the orchestra by 200 million forints (EUR 940,000) to 60 million.
Budapest Transport, Ministry Sign Metro 3 Renovation Contract
- 6 May 2016 9:00 AM
- getting around
The renovation of Budapest’s metro 3 under a contract signed on Thursday is scheduled to receive 120 billion forints in European Union funding and 20 billion from the central budget, a government official said. The contract was signed by Budapest transport company BKV chairman-CEO Tibor Bolla and National Development Ministry deputy state secretary Flórián Szalóki.
Opposition Calls On Orbán To Dismiss Matolcsy Over Financial Skullduggery
- 5 May 2016 9:00 AM
- current affairs
The opposition Liberals and the leftist Democratic Coalition (DK) party called for the resignation of central bank governor György Matolcsy over recent financing matters surrounding the central bank. The Liberals urged opposition parties to join a legal proposal calling on the prime minister to dismiss Matolcsy over “a breach of the rule of avoiding monetary financing”.