147 result(s) for fiscal deficit
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
“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 ...
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 (
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Xpat Opinion: Hungary The ‘Star Pupil’
- 16 Dec 2013 8:00 AM
- current affairs
“Romania, Hungary and Latvia emerge the star pupils in the latest survey on growth in the EU,” it begins. Hungary watchers will know that it has been quite some time since this country was referred to as a “star pupil” in the EU regarding anything that has to do with the economy. When was the last time?
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.
Hungary’s Govt Aims For Single Digit Personal Income Tax Rate
- 10 Dec 2013 8:00 AM
- business
Hungary’s government aims to bring the personal income tax rate under 10%, deputy state secretary for tax matters Zoltán Pankucsi said in Monday’s issue of daily Magyar Nemzet.
European Commission Also Acknowledges Hungary’s Economic Performance
- 7 Nov 2013 8:00 AM
- business
The Ministry for National Economy welcomes the autumn forecast of the European Commission which provides a realistic evaluation of a gradually improving Hungarian economy. The forecast by EU experts confirms that Hungary’s fiscal deficit will not exceed 3 percent in the coming years.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
“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 ...
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 (
Can Hungarian Economy Grow Without Causing Imbalances?
- 25 Apr 2014 9:00 AM
- business
A respected Hungarian economist, Tamás Mellár considers the potential consequences of parliamentary elections for Hungary's economic policy and the options the new government will have to choose from.
Xpat Opinion: Hungary The ‘Star Pupil’
- 16 Dec 2013 8:00 AM
- current affairs
“Romania, Hungary and Latvia emerge the star pupils in the latest survey on growth in the EU,” it begins. Hungary watchers will know that it has been quite some time since this country was referred to as a “star pupil” in the EU regarding anything that has to do with the economy. When was the last time?
Fitch Ratings Affirms Hungary At BB+
- 12 Dec 2013 2:00 AM
- business
Fitch Ratings on Wednesday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with a stable outlook, and its local currency rating at ‘BBB-’. The outlooks on the long-term ratings are stable, the country ceiling has been affirmed at ‘BBB’ and the short-term foreign currency rating at ‘B’, the agency said in a report.
Hungary’s Govt Aims For Single Digit Personal Income Tax Rate
- 10 Dec 2013 8:00 AM
- business
Hungary’s government aims to bring the personal income tax rate under 10%, deputy state secretary for tax matters Zoltán Pankucsi said in Monday’s issue of daily Magyar Nemzet.
European Commission Also Acknowledges Hungary’s Economic Performance
- 7 Nov 2013 8:00 AM
- business
The Ministry for National Economy welcomes the autumn forecast of the European Commission which provides a realistic evaluation of a gradually improving Hungarian economy. The forecast by EU experts confirms that Hungary’s fiscal deficit will not exceed 3 percent in the coming years.