56 result(s) for fiscal deficit in Business
Hungarian Opinion: National Bank President Urges Fiscal Readjustment
- 17 Nov 2021 7:47 AM
- http://www.budapost.eu
- business
In an opinion piece in the main pro-government daily, National Bank president György Matolcsy warns that a high public deficit and the worsening trade balance make Hungary vulnerable to international financial shocks and demands swift action.
Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga
- 20 Oct 2021 10:35 AM
- hungarymatters.hu
- business
Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in Hungary, allowing for an estimated 7% GDP growth this year, Finance Minister Mihály Varga said.
Hungary State Debt Drops To 74.5 Pc Of GDP At End Of 2017
- 4 Jan 2018 7:56 AM
- business
For the Hungarian economy, the year 2018 starts from a better position and with a better outlook than 2017 did, Minister Mihály Varga said at a press conference held at the Ministry for National Economy earlier today.
Ministry Confirms HUF 1,418.2bn Deficit At End-Oct
- 22 Nov 2017 7:44 AM
- business
Hungary’s cash flow-based budget, excluding local councils, ran a 1,418.2 billion forint (EUR 4.5bn) deficit at the end of October, the Economy Ministry confirmed in a second reading of data released Tuesday. The deficit reached 121.6 percent of the 1,166.4 billion forint full-year target. In the month of October alone, the shortfall amounted to 181.9 billion forints.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Hungary’s Fiscal Council Head Expects GDP Growth To Surpass 4 pc In 2017, 2018
- 28 Apr 2017 7:00 AM
- business
Hungary’s economy is likely to grow by above 4 percent both this year and next, the head of the Fiscal Council told a conference on Thursday. Árpád Kovács said the public debt would continue to fall and budget deficit would be below 3 percent of GDP in both years.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Hungary’s Budget Posts EUR 400m Surplus In January
- 8 Feb 2017 8:00 AM
- business
Hungary’s cash-flow-based budget, excluding local councils, showed a 123.4 billion (EUR 400m) forint surplus in January, the first reading of data released by the economy ministry on Tuesday shows. The 2017 budget act targets a full-year deficit of 1,166.4 billion forints.
Varga: Hungarian Govt, EC See Eye To Eye On Economy
- 11 Nov 2016 8:00 AM
- business
The Hungarian government and the European Commission see the situation of the Hungarian economy in a similar light, Economy Minister Mihály Varga said after meeting Valdis Dombrovskis, the deputy commissioner for the euro and social dialogue, in Budapest.
Hungarian Opinion: National Bank President Urges Fiscal Readjustment
- 17 Nov 2021 7:47 AM
- http://www.budapost.eu
- business
In an opinion piece in the main pro-government daily, National Bank president György Matolcsy warns that a high public deficit and the worsening trade balance make Hungary vulnerable to international financial shocks and demands swift action.
Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga
- 20 Oct 2021 10:35 AM
- hungarymatters.hu
- business
Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in Hungary, allowing for an estimated 7% GDP growth this year, Finance Minister Mihály Varga said.
Hungary State Debt Drops To 74.5 Pc Of GDP At End Of 2017
- 4 Jan 2018 7:56 AM
- business
For the Hungarian economy, the year 2018 starts from a better position and with a better outlook than 2017 did, Minister Mihály Varga said at a press conference held at the Ministry for National Economy earlier today.
Ministry Confirms HUF 1,418.2bn Deficit At End-Oct
- 22 Nov 2017 7:44 AM
- business
Hungary’s cash flow-based budget, excluding local councils, ran a 1,418.2 billion forint (EUR 4.5bn) deficit at the end of October, the Economy Ministry confirmed in a second reading of data released Tuesday. The deficit reached 121.6 percent of the 1,166.4 billion forint full-year target. In the month of October alone, the shortfall amounted to 181.9 billion forints.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Hungary’s Fiscal Council Head Expects GDP Growth To Surpass 4 pc In 2017, 2018
- 28 Apr 2017 7:00 AM
- business
Hungary’s economy is likely to grow by above 4 percent both this year and next, the head of the Fiscal Council told a conference on Thursday. Árpád Kovács said the public debt would continue to fall and budget deficit would be below 3 percent of GDP in both years.
IMF: Hungary Outlook ‘Favourable’ But ‘Subject To Risks’
- 13 Mar 2017 5:50 AM
- business
The International Monetary Fund (IMF) said Hungary’s medium-term outlook “remains favourable but is subject to risks”. Its economic growth is projected to be 3 percent this year, driven by a recovery in absorption of EU funding and strong consumption as wage increases boost disposable income, IMF staff said in a statement on Thursday after regular consultations in Budapest held between February ...
Hungary’s Budget Posts EUR 400m Surplus In January
- 8 Feb 2017 8:00 AM
- business
Hungary’s cash-flow-based budget, excluding local councils, showed a 123.4 billion (EUR 400m) forint surplus in January, the first reading of data released by the economy ministry on Tuesday shows. The 2017 budget act targets a full-year deficit of 1,166.4 billion forints.
Varga: Hungarian Govt, EC See Eye To Eye On Economy
- 11 Nov 2016 8:00 AM
- business
The Hungarian government and the European Commission see the situation of the Hungarian economy in a similar light, Economy Minister Mihály Varga said after meeting Valdis Dombrovskis, the deputy commissioner for the euro and social dialogue, in Budapest.