206 result(s) for deficit in Current Affairs
How Did Hungary Manage To Get Caught In This International Vice?
- 20 Nov 2014 8:00 AM
- current affairs
The Internet tax dispute temporarily covered it up, but once the idea of introducing the tax was dropped, Hungary's other “list of sins” came back onto the front burner. “Heti Válasz” is now taking a look at the list to see which of the American and European Union criticisms have become irrelevant, which are the ones where Hungary has won a skirmish and which are those we're about to lose.
Xpat Opinion: US Pressure On Hungary Is Here To Stay
- 13 Nov 2014 11:35 AM
- current affairs
Analysts agree that the American pressure on Hungary is largely motivated by geopolitical considerations and is bound to increase unless the government makes resolute concessions. They admit however that it is difficult for Hungary’s leaders to retreat from positions they have vehemently defended so far.
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
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.
“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 ...
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (
How Did Hungary Manage To Get Caught In This International Vice?
- 20 Nov 2014 8:00 AM
- current affairs
The Internet tax dispute temporarily covered it up, but once the idea of introducing the tax was dropped, Hungary's other “list of sins” came back onto the front burner. “Heti Válasz” is now taking a look at the list to see which of the American and European Union criticisms have become irrelevant, which are the ones where Hungary has won a skirmish and which are those we're about to lose.
Xpat Opinion: US Pressure On Hungary Is Here To Stay
- 13 Nov 2014 11:35 AM
- current affairs
Analysts agree that the American pressure on Hungary is largely motivated by geopolitical considerations and is bound to increase unless the government makes resolute concessions. They admit however that it is difficult for Hungary’s leaders to retreat from positions they have vehemently defended so far.
Hungarian Government In A Bind
- 12 Nov 2014 8:00 AM
- current affairs
Prime Minister Viktor Orbán will have the toughest period of his career if both the United States administration and the newly installed European Commission maintain their criticism of his government's policies. That is a likely scenario, and the European People's Party is now less eager to back him. At stake is how to ensure funds for the development of the Hungarian economy.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
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.
“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 ...
Advertising Tax Angers Hungarian Media
- 25 Jun 2014 9:00 AM
- current affairs
Its advocates call it a remedy to rectify the harm done by commercial television stations but its opponents see it as yet another move to narrow the freedom of the press.
Recommendations By Ecofin To Hungary Eased
- 23 Jun 2014 11:00 AM
- current affairs
The EU Council of finance ministers (Ecofin) has adopted recommendations on Hungary’s updated convergence plan, dropping some of the specific proposals, most importantly, a nearly 1% fiscal tightening, while maintaining the rest of the general recommendations made by the European Commission on June 2.
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (