1,049 result(s) for state budget
“Get Home Safe!” Traffic Safety Programme For Motorways In Hungary
- 30 Oct 2013 8:00 AM
- getting around
The total value of the New Széchenyi Plan package of developments targeted at the prevention of road accidents causing personal injury is over HUF 55 billion. The investments to be implemented on the expressway system in the first round, from a budget of over HUF 13.5bn, may be completed by the end of next year. The project launching event of the State Motorway Management Co. Ltd. was held at the ...
Hungary Scores Well In EU Budget Deficit Ranking
- 24 Oct 2013 9:00 AM
- business
In the 28 EU member states the ratio of government deficit to GDP decreased from 4.4% in 2011 to 3.9% in 2012, while government debt increased from 82.3% to 85.1%, reported Eurostat, the statistics office of the European Union.
Xpat Opinion: Tourism, Employment: Hungary’s Recovery Trends
- 22 Oct 2013 9:00 AM
- current affairs
While the government shutdown in the United States and a risk of default send shivers through the global economy, recent figures in Hungary continue to encourage cautious optimism, building on positive indicators I reported last month. Indeed, the government has drawn up budgets for 2014 based on a GDP growth estimate of 2 percent. That is 0.6% lower than what Bank of America Merrill Lynch ...
Hungary’s Deputy PM Semjén: Catholic Institutions To Receive Same Financing As Public Ones
- 22 Oct 2013 9:00 AM
- current affairs
Following an amendment to Hungary's agreement with the Vatican, signed in Budapest on Monday, institutions run by the Catholic Church will receive the same financing from the central budget as public ones. The amendment, signed by Deputy Prime Minister Zsolt Semjén and Apostolic Nuncio to Hungary Alberto Bottari de Castello, contains stipulations concerning Catholic higher education, as well as ...
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Avis Group Expands Shared Services Center In Hungary
- 16 Oct 2013 9:00 AM
- business
Avis Budget Group has again expanded its Business Support Center (BSC) in Budapest, which will now include operations and sales support services for the Company's Europe, Middle East and Africa (EMEA) region. The initiative, part of the Company's ongoing integration efforts following its acquisition of Avis Europe plc in October 2011, aims to further streamline operations across the region and ...
Xpat Opinion: Hungary's PM Orbán’s Message To Europe: 'The Crisis Is Not A Problem But A Possibility'
- 10 Oct 2013 9:00 AM
- current affairs
The prime minister was in London yesterday meeting with Prime Minister David Cameron and speaking at Chatham House. It was quite a day. The bi-lateral meeting was exciting, but I won’t dwell on that here. Instead, I’d like to call the reader’s attention to the speech.
Xpat Opinion: Minimum Wage In Hungary – What Company Managers Expect
- 10 Oct 2013 9:00 AM
- business
Now that we are after the budget submission for the fiscal year 2014, the minimum wage negotiations for the forthcoming year, just like the trilateral discussions relevant to the national wage recommendations are also in the offing. On that occasion, upon the commission received from the National Association of Hungarian Trade Unions, the Policy Agenda carried out a survey among small and medium ...
Nine More Casinos Plan To Open Next Year In Hungary
- 7 Oct 2013 9:00 AM
- current affairs
The 2014 Hungarian budget bill includes provision for concession fees from nine new category II casinos that plan to open next year; these are in addition to the three casinos currently operating in the country, says business daily Világgazdaság.
“Get Home Safe!” Traffic Safety Programme For Motorways In Hungary
- 30 Oct 2013 8:00 AM
- getting around
The total value of the New Széchenyi Plan package of developments targeted at the prevention of road accidents causing personal injury is over HUF 55 billion. The investments to be implemented on the expressway system in the first round, from a budget of over HUF 13.5bn, may be completed by the end of next year. The project launching event of the State Motorway Management Co. Ltd. was held at the ...
Hungary Scores Well In EU Budget Deficit Ranking
- 24 Oct 2013 9:00 AM
- business
In the 28 EU member states the ratio of government deficit to GDP decreased from 4.4% in 2011 to 3.9% in 2012, while government debt increased from 82.3% to 85.1%, reported Eurostat, the statistics office of the European Union.
Xpat Opinion: Tourism, Employment: Hungary’s Recovery Trends
- 22 Oct 2013 9:00 AM
- current affairs
While the government shutdown in the United States and a risk of default send shivers through the global economy, recent figures in Hungary continue to encourage cautious optimism, building on positive indicators I reported last month. Indeed, the government has drawn up budgets for 2014 based on a GDP growth estimate of 2 percent. That is 0.6% lower than what Bank of America Merrill Lynch ...
Hungary’s Deputy PM Semjén: Catholic Institutions To Receive Same Financing As Public Ones
- 22 Oct 2013 9:00 AM
- current affairs
Following an amendment to Hungary's agreement with the Vatican, signed in Budapest on Monday, institutions run by the Catholic Church will receive the same financing from the central budget as public ones. The amendment, signed by Deputy Prime Minister Zsolt Semjén and Apostolic Nuncio to Hungary Alberto Bottari de Castello, contains stipulations concerning Catholic higher education, as well as ...
Xpat Opinion: The Failure Of Széll Kálmán Square Budapest Plan Reflected In The Budget 2014
- 18 Oct 2013 9:00 AM
- getting around
In spring, 2011, to demonstrate to the European Union that the country is capable of obviating the excessive deficit procedure, the Hungarian Government announced the Széll Kálmán-Plan, then a year after the Széll Kálmán-Plan 2.0. By scale these represented restrictions amounting to HUF 1,500 billion. In its analysis, the Policy Agenda checked, to what extent the Budget 2014 reflects the ...
Avis Group Expands Shared Services Center In Hungary
- 16 Oct 2013 9:00 AM
- business
Avis Budget Group has again expanded its Business Support Center (BSC) in Budapest, which will now include operations and sales support services for the Company's Europe, Middle East and Africa (EMEA) region. The initiative, part of the Company's ongoing integration efforts following its acquisition of Avis Europe plc in October 2011, aims to further streamline operations across the region and ...
Xpat Opinion: Hungary's PM Orbán’s Message To Europe: 'The Crisis Is Not A Problem But A Possibility'
- 10 Oct 2013 9:00 AM
- current affairs
The prime minister was in London yesterday meeting with Prime Minister David Cameron and speaking at Chatham House. It was quite a day. The bi-lateral meeting was exciting, but I won’t dwell on that here. Instead, I’d like to call the reader’s attention to the speech.
Xpat Opinion: Minimum Wage In Hungary – What Company Managers Expect
- 10 Oct 2013 9:00 AM
- business
Now that we are after the budget submission for the fiscal year 2014, the minimum wage negotiations for the forthcoming year, just like the trilateral discussions relevant to the national wage recommendations are also in the offing. On that occasion, upon the commission received from the National Association of Hungarian Trade Unions, the Policy Agenda carried out a survey among small and medium ...
Nine More Casinos Plan To Open Next Year In Hungary
- 7 Oct 2013 9:00 AM
- current affairs
The 2014 Hungarian budget bill includes provision for concession fees from nine new category II casinos that plan to open next year; these are in addition to the three casinos currently operating in the country, says business daily Világgazdaság.