211 result(s) for surplus
Budget Deficit At 61% Of Full-Year Target In July
- 23 Aug 2016 9:00 AM
- business
Hungary’s cashflow-based budget deficit, excluding local councils, reached 464.8 billion forints (EUR 1.49bn) in the first seven months of the year, 61% of the full-year target, the economy ministry confirmed in a second reading of data released on Monday.
Hungarian Economist Calls Paks II “A National Tragedy”
- 15 Aug 2016 9:00 AM
- current affairs
Translation of György Nej’s interview with Hungarian economist Mária Zita Petschnig published in 168 óra on 18 July 2014 under the title “National Tragedy: We may leave the EU.” President Áder János signed into law the agreement pertaining to the the Paks II loan agreement, although the Hungarian Wire Office (MTI) neglected to report it. Was it really so unimportant? The project, together with ...
Take BKK’s Public Transport Services To Sziget Festival
- 8 Aug 2016 9:02 AM
- getting around
The 24th Sziget Festival will be held on Óbuda Island (Óbudai-sziget) from 10 August to 17 August 2016. BKK Centre for Budapest Transport, the mobility manager of the Hungarian capital, provides higher frequencies on suburban railway line H5 and on tram line 6, and also operates vehicles with bigger passenger capacity on night lines 901 and 918, and launches special dedicated boat services to ...
Socialists Slam Govt For 600,000 Hungarians Leaving To Work Abroad
- 8 Aug 2016 9:00 AM
- current affairs
The Orban government’s “impotence” has resulted in 600,000 Hungarians leaving the country to make a living abroad while there is a shortage of manpower in Hungary, the opposition Socialists said. The government has been unable to “create a real economy” here, Socialist deputy leader Nándor Gúr said.
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
IMF: Hungarian Economy Performing Well
- 17 Feb 2016 8:00 AM
- business
The Hungarian economy is performing very well and its vulnerability to shocks has declined substantially, although debt levels and financing needs remain high, IMF staff said in a report based on preliminary findings gathered as part of IMF’s regular consultation with Hungarian authorities.
2015 Expected To Be Record Year For Hungarian Exports
- 12 Jan 2016 8:00 AM
- business
On Friday morning, Ministry of Foreign Affairs and Trade’s Minister of State for Economic Diplomacy Levente Magyar said on Hungarian public television M1 that “2015 is expected to be a record year for Hungarian exports, based on figures for the first 11 months of the year”. Commenting on November figures published by the Central Statistical Office, Mr. Magyar said that the level of exports ...
Hungary Net External Financing Capacity At 9% Of GDP In Q3
- 24 Dec 2015 8:00 AM
- business
Adjusted for seasonal effects, Hungary’s net external financing capacity was 2.502 billion Euros or 9% of quarterly GDP in the third quarter, balance of payment data published by the National Bank of Hungary on Wednesday show. The adjusted Q3 surplus was down from the second quarter when it reached 2.621 billion Euros. It was up 668 million Euros from a year earlier.
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
Budget Deficit At 61% Of Full-Year Target In July
- 23 Aug 2016 9:00 AM
- business
Hungary’s cashflow-based budget deficit, excluding local councils, reached 464.8 billion forints (EUR 1.49bn) in the first seven months of the year, 61% of the full-year target, the economy ministry confirmed in a second reading of data released on Monday.
Hungarian Economist Calls Paks II “A National Tragedy”
- 15 Aug 2016 9:00 AM
- current affairs
Translation of György Nej’s interview with Hungarian economist Mária Zita Petschnig published in 168 óra on 18 July 2014 under the title “National Tragedy: We may leave the EU.” President Áder János signed into law the agreement pertaining to the the Paks II loan agreement, although the Hungarian Wire Office (MTI) neglected to report it. Was it really so unimportant? The project, together with ...
Take BKK’s Public Transport Services To Sziget Festival
- 8 Aug 2016 9:02 AM
- getting around
The 24th Sziget Festival will be held on Óbuda Island (Óbudai-sziget) from 10 August to 17 August 2016. BKK Centre for Budapest Transport, the mobility manager of the Hungarian capital, provides higher frequencies on suburban railway line H5 and on tram line 6, and also operates vehicles with bigger passenger capacity on night lines 901 and 918, and launches special dedicated boat services to ...
Socialists Slam Govt For 600,000 Hungarians Leaving To Work Abroad
- 8 Aug 2016 9:00 AM
- current affairs
The Orban government’s “impotence” has resulted in 600,000 Hungarians leaving the country to make a living abroad while there is a shortage of manpower in Hungary, the opposition Socialists said. The government has been unable to “create a real economy” here, Socialist deputy leader Nándor Gúr said.
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
IMF: Hungarian Economy Performing Well
- 17 Feb 2016 8:00 AM
- business
The Hungarian economy is performing very well and its vulnerability to shocks has declined substantially, although debt levels and financing needs remain high, IMF staff said in a report based on preliminary findings gathered as part of IMF’s regular consultation with Hungarian authorities.
2015 Expected To Be Record Year For Hungarian Exports
- 12 Jan 2016 8:00 AM
- business
On Friday morning, Ministry of Foreign Affairs and Trade’s Minister of State for Economic Diplomacy Levente Magyar said on Hungarian public television M1 that “2015 is expected to be a record year for Hungarian exports, based on figures for the first 11 months of the year”. Commenting on November figures published by the Central Statistical Office, Mr. Magyar said that the level of exports ...
Hungary Net External Financing Capacity At 9% Of GDP In Q3
- 24 Dec 2015 8:00 AM
- business
Adjusted for seasonal effects, Hungary’s net external financing capacity was 2.502 billion Euros or 9% of quarterly GDP in the third quarter, balance of payment data published by the National Bank of Hungary on Wednesday show. The adjusted Q3 surplus was down from the second quarter when it reached 2.621 billion Euros. It was up 668 million Euros from a year earlier.
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.