18 result(s) for draft budget in Business
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Hungariy's Economy Ministry Tight-Lipped Over Sale Of State Assets
- 21 Nov 2014 8:00 AM
- business
The Economy Ministry has declined to disclose details as to why the draft 2015 budget includes Ft 169 billion in revenue from the potential utilisation or sale of state assets, Napi Gazdaság reports.
Hungarian Auditor To Draft Report On EU Funding Management By End-May
- 21 May 2014 9:00 AM
- business
Hungary’s body for auditing European funds is expected to draft a report for the European Commission on the new system for managing the country’s European Union funding by the end of May, the Prime Minister’s Office told MTI. The Directorate General for Audit of European Funds (EUTAF) is reviewing changes to the way EU funding is managed and controlled according to a methodology agreed with the ...
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: Hungary To Receive Previously Suspended EU Funds
- 13 Sep 2013 11:00 AM
- business
As the European Union prepares its seven-year budget for the 2014 to 2020 period, a thorny question about Hungary’s funding arose. As of last week, 10 out of our 13 operational programs were under suspension and awaiting a September 9 decision from the European Commission.
2014 Budget Envisages 2% Growth In Hungary
- 13 Sep 2013 11:00 AM
- business
The government is drawing up the 2014 budget on the assumption that economic growth will be 2% and inflation 2.8%, Economy Minister Mihály Varga confirmed to Népszabadság. The draft budget was discussed at Wednesday’s cabinet meeting and will be sent to the Budget Council today. It is to be submitted to Parliament by September 30.
Xpat Opinion: EU Budget Deal: A Hungarian Perspective
- 11 Feb 2013 8:00 AM
- business
Commentators from across the political spectrum agree that the government has managed to increase the sum originally allocated to Hungary in the 2014-2020 EU budget. They also agree however that more effective EU integration would require far more money.
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Hungariy's Economy Ministry Tight-Lipped Over Sale Of State Assets
- 21 Nov 2014 8:00 AM
- business
The Economy Ministry has declined to disclose details as to why the draft 2015 budget includes Ft 169 billion in revenue from the potential utilisation or sale of state assets, Napi Gazdaság reports.
Hungarian Auditor To Draft Report On EU Funding Management By End-May
- 21 May 2014 9:00 AM
- business
Hungary’s body for auditing European funds is expected to draft a report for the European Commission on the new system for managing the country’s European Union funding by the end of May, the Prime Minister’s Office told MTI. The Directorate General for Audit of European Funds (EUTAF) is reviewing changes to the way EU funding is managed and controlled according to a methodology agreed with the ...
Budget 2014: Inflation Projected At 2.4% And Budget Deficit At 2.9% In Hungary
- 23 Sep 2013 1:00 AM
- business
The Ministry for National Economy drafted next year’s budget with a deficit of 2.9 percent and an inflation rate of 2.4 percent, Minister Mihály Varga stated on Sunday. The Minister also disclosed that the Ministry calculated the 2014 Budget without revenues from the advertisement tax and the below 3 percent deficit target will be attainable even without that. “I anticipate only slight ...
Xpat Opinion: Hungary To Receive Previously Suspended EU Funds
- 13 Sep 2013 11:00 AM
- business
As the European Union prepares its seven-year budget for the 2014 to 2020 period, a thorny question about Hungary’s funding arose. As of last week, 10 out of our 13 operational programs were under suspension and awaiting a September 9 decision from the European Commission.
2014 Budget Envisages 2% Growth In Hungary
- 13 Sep 2013 11:00 AM
- business
The government is drawing up the 2014 budget on the assumption that economic growth will be 2% and inflation 2.8%, Economy Minister Mihály Varga confirmed to Népszabadság. The draft budget was discussed at Wednesday’s cabinet meeting and will be sent to the Budget Council today. It is to be submitted to Parliament by September 30.
Xpat Opinion: EU Budget Deal: A Hungarian Perspective
- 11 Feb 2013 8:00 AM
- business
Commentators from across the political spectrum agree that the government has managed to increase the sum originally allocated to Hungary in the 2014-2020 EU budget. They also agree however that more effective EU integration would require far more money.
Hungarian Economy Minister: Growth And Job Creation Are Top Budget Priorities
- 3 Jul 2012 9:00 AM
- business
The 2013 budget is based on a turnaround in investments and will provide the necessary funds to bring that about, Economy Minister Gyorgy Matolcsy declared on Wednesday as Parliament began general debate on the draft document.
Hungarian Outlook: Draft Budget Of 2013
- 28 Jun 2012 1:30 AM
- business
The Budget Bill of 2013 submitted to parliament on 15 June by the government sets a deficit target of 2.2 percent which – via one of the most stable fiscal management policies of Europe – will adequately respond to the challenges imposed by the debt crisis" declares the Hungarian Government. The draft budget of 2013 projects real GDP growth of 1.6 percent and inflation of 4.2 percent, and an ...