544 result(s) for state debt
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 ...
Hungary’s PM Orbán: Welfare State Thing Of Past
- 28 Jul 2014 9:00 AM
- current affairs
The welfare state system has exhausted its reserves and is doomed to failure, Prime Minister Viktor Orbán said at the Bálványos summer university on Saturday. In his address, Orbán insisted that the welfare state, with its amassed debt, is no longer a sustainable model for Western European societies.
Hungarian Government To Buy MKB Bank
- 25 Jul 2014 9:00 AM
- business
MKB owner BayernLB has agreed to sell the Hungarian bank to the government for €55 million, it was announced yesterday in Munich and Budapest. As part of the deal, BayernLB will cancel the €270 million debt owed to it by MKB.
Templeton Holds 12% Of Hungary's State Debt
- 24 Jul 2014 1:00 AM
- business
Franklin Templeton had nearly $13 billion or Ft 2.945 trillion invested in Hungarian bonds at the end of June, according to the US investment fund’s quarterly report. This amounts to 11.9% of the total budget debt.
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.
Hungary’s Financial Stability & Predictability Important, Says Szijjártó
- 18 Jul 2014 9:00 AM
- business
To secure financial stability and predictability, the government is committed to the continued reduction of the public debt and to pursuing a strict fiscal policy, a senior government official said today at a forum of the Hungarian European Business Council.
Hungary's Top Court Rejects Referendum On Paks
- 9 Jul 2014 9:00 AM
- current affairs
The Constitutional Court on Tuesday upheld decisions by the National Election Committee and the Kúria in declaring that no referendum can be held on the €10 billion loan agreement with Russia for financing the expansion of the Paks nuclear power plant.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
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 ...
Hungary’s PM Orbán: Welfare State Thing Of Past
- 28 Jul 2014 9:00 AM
- current affairs
The welfare state system has exhausted its reserves and is doomed to failure, Prime Minister Viktor Orbán said at the Bálványos summer university on Saturday. In his address, Orbán insisted that the welfare state, with its amassed debt, is no longer a sustainable model for Western European societies.
Hungarian Government To Buy MKB Bank
- 25 Jul 2014 9:00 AM
- business
MKB owner BayernLB has agreed to sell the Hungarian bank to the government for €55 million, it was announced yesterday in Munich and Budapest. As part of the deal, BayernLB will cancel the €270 million debt owed to it by MKB.
Templeton Holds 12% Of Hungary's State Debt
- 24 Jul 2014 1:00 AM
- business
Franklin Templeton had nearly $13 billion or Ft 2.945 trillion invested in Hungarian bonds at the end of June, according to the US investment fund’s quarterly report. This amounts to 11.9% of the total budget debt.
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.
Hungary’s Financial Stability & Predictability Important, Says Szijjártó
- 18 Jul 2014 9:00 AM
- business
To secure financial stability and predictability, the government is committed to the continued reduction of the public debt and to pursuing a strict fiscal policy, a senior government official said today at a forum of the Hungarian European Business Council.
Hungary's Top Court Rejects Referendum On Paks
- 9 Jul 2014 9:00 AM
- current affairs
The Constitutional Court on Tuesday upheld decisions by the National Election Committee and the Kúria in declaring that no referendum can be held on the €10 billion loan agreement with Russia for financing the expansion of the Paks nuclear power plant.
Pros And Cons Of Hungary's Nuclear Agreement With Russia
- 4 Jul 2014 1:00 AM
- business
Parliament is soon to adopt a law approving the Hungarian-Russian credit agreement on which the expansion of the Paks nuclear power plant is based. At present prices the tab runs to 10 percent of the Hungarian GDP.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...