54 result(s) for budget recommendation
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Viktor Orbán: There Will Be An Agreement Between IMF And Hungary
- 10 Sep 2012 9:00 AM
- current affairs
According to Prime Minister Viktor Orbán, there will be an agreement between the Hungarian government and the International Monetary Fund, but not based on the conditions that were revealed on Thursday. This is why the cabinet is elaborating alternative IMF/EU negotiation positions – he added on Kossuth Radio's 180 minutes program.
Hungarian-Irish Agreement On Future Of Common Agricultural Policy
- 26 Jul 2012 9:01 AM
- current affairs
"We have held extremely successful talks with the Irish Minister on the future of the Common Agricultural Policy; the two countries are in agreement on most issues", said Minister for Rural Development Sándor Fazekas following his meeting in Budapest with Irish Minister for Agriculture, Fisheries and Food Simon Coveney.
Hungarian Parliament Has Passed The New Penal Code
- 29 Jun 2012 9:00 AM
- current affairs
The New Penal Code will enter into force on 1 July 2013; it was passed by the Hungarian Parliament on 25 June 2012 after several months of wide-ranging social and professional consultations and political debates. The new Penal Code also offers an effective response to the changes in crime patterns that have occurred in the past thirty years, since the entry into force of the Criminal Code ...
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.
Hungarian Government’s Decisions On System Of Taxes
- 10 May 2012 9:00 AM
- current affairs
The Government has decided to scrap the banking tax and other sectoral crisis taxes; as of the beginning of 2013, one half of the banking tax will be retained in the system, while as of 2014, this tax will be abolished altogether, Minister for National Economy György Matolcsy said on Wednesday at the Government Spokesperson’s press conference.
Hungarian PM Orbán: The Country Should Enjoy The Fruits Of The Labour Of Minimum 5.5 Million People
- 9 Mar 2012 8:02 AM
- current affairs
"The Government strives to achieve, as the guiding principle of its efforts, that Hungary should enjoy the fruits of the labour and enterprise of minimum 5.5 million people, the Prime Minister declared on Thursday in Budapest, at the Business Opening Forum of the Hungarian Chamber of Commerce and Industry (Chamber).
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...
Orban, Varga Optimistic On IMF Loan For Hungary
- 17 Sep 2012 9:02 AM
- current affairs
Consultations are proceeding right on schedule with negotiators of the EU and the IMF and the cabinet expects to conclude negotiations quickly, Prime Minister Viktor Orban told foreign journalists last week. Although some controversial issues remain, negotiations are going well and a precautionary loan of about €15 billion is expected, he said. A transaction tax imposed on the National Bank could ...
Viktor Orbán: There Will Be An Agreement Between IMF And Hungary
- 10 Sep 2012 9:00 AM
- current affairs
According to Prime Minister Viktor Orbán, there will be an agreement between the Hungarian government and the International Monetary Fund, but not based on the conditions that were revealed on Thursday. This is why the cabinet is elaborating alternative IMF/EU negotiation positions – he added on Kossuth Radio's 180 minutes program.
Hungarian-Irish Agreement On Future Of Common Agricultural Policy
- 26 Jul 2012 9:01 AM
- current affairs
"We have held extremely successful talks with the Irish Minister on the future of the Common Agricultural Policy; the two countries are in agreement on most issues", said Minister for Rural Development Sándor Fazekas following his meeting in Budapest with Irish Minister for Agriculture, Fisheries and Food Simon Coveney.
Hungarian Parliament Has Passed The New Penal Code
- 29 Jun 2012 9:00 AM
- current affairs
The New Penal Code will enter into force on 1 July 2013; it was passed by the Hungarian Parliament on 25 June 2012 after several months of wide-ranging social and professional consultations and political debates. The new Penal Code also offers an effective response to the changes in crime patterns that have occurred in the past thirty years, since the entry into force of the Criminal Code ...
Hungary: Council Lifts Cohesion Fund Suspension
- 26 Jun 2012 9:10 AM
- current affairs
The Council on 22 June adopted a decision lifting the suspension of cohesion fund commitments for Hungary. It concluded that Hungary has taken measures to correct its excessive government deficit by 2012, in line with the Council's recommendation of 13 March. Hungary's excessive deficit procedure nevertheless remains open.
Hungarian Government’s Decisions On System Of Taxes
- 10 May 2012 9:00 AM
- current affairs
The Government has decided to scrap the banking tax and other sectoral crisis taxes; as of the beginning of 2013, one half of the banking tax will be retained in the system, while as of 2014, this tax will be abolished altogether, Minister for National Economy György Matolcsy said on Wednesday at the Government Spokesperson’s press conference.
Hungarian PM Orbán: The Country Should Enjoy The Fruits Of The Labour Of Minimum 5.5 Million People
- 9 Mar 2012 8:02 AM
- current affairs
"The Government strives to achieve, as the guiding principle of its efforts, that Hungary should enjoy the fruits of the labour and enterprise of minimum 5.5 million people, the Prime Minister declared on Thursday in Budapest, at the Business Opening Forum of the Hungarian Chamber of Commerce and Industry (Chamber).
EC Proposes Suspending Euro 495m Funds To Hungary
- 23 Feb 2012 10:50 AM
- current affairs
The European Commission has proposed to suspend EUR 495 184 000 of Cohesion Fund commitments taking effect on 1 January 2013, representing 0.5 % of GDP and 29% of the country's cohesion fund allocations for 2013. This unprecedented step follows the Commission's repeated warnings to Hungary urging it to step up its efforts to end the country's excessive government deficit, and its subsequent ...
IMF, EU To Accept Only Constructive Action From New Hungarian Government
- 19 May 2010 3:00 AM
- current affairs
"There is very limited guidance from Hungary’s new government on how it intends to approach fiscal consolidation in the quarters ahead, research analysts at UBS said after a recent visit to Budapest. Most observers are disregarding the populist rhetoric of centre-right Fidesz, which obtained an unprecedented two-thirds legislative majority in April - and are waiting to see actual action which ...