22 result(s) for new year address in Finance
EC Proposes Suspending 65% of Cohesion Funds To Hungary
- 19 Sep 2022 6:29 AM
- hungarymatters.hu
- finance
The European Commission has proposed suspending a part of the EU funds allocated to Hungary over concerns about their mismanagement. Johannes Hahn, the Commissioner for Budget and Administration, told a press conference on Sunday that the EC was proposing to the European Council a suspension of 65% of cohesion funds due to Hungary, amounting to an estimated 7.5 billion euros.
Opposition Slams Hungary’s 2023 Budget
- 20 Jul 2022 10:08 AM
- hungarymatters.hu
- finance
Hungary's parliament passed into law the government's budget for 2023 in a final vote on Tuesday, with 135 votes in favour and 54 votes against.
Double Taxation Avoidance Agreement with Hungary Terminated by US, Says Szijjártó
- 11 Jul 2022 8:27 AM
- hungarymatters.hu
- finance
The United States has terminated its double taxation avoidance agreement with Hungary signed 43 years ago, Péter Szijjártó, the minister of foreign affairs and trade, said on Saturday.
Hungary Improving In Fighting Money Laundering & Terrorist Financing, Notes COE
- 9 Jun 2022 9:03 AM
- hungarymatters.hu
- finance
Hungary has improved measures to combat money laundering and terrorist financing, with positive steps taken by the authorities resulting in an upgrade of Hungary from “partially compliant” to “largely compliant”, Moneyval, the Council of Europe’s expert body against money laundering, said in a report released in Strasbourg on Wednesday.
Central Bank Raises Base Rate by 50 Basis Points in Hungary
- 1 Jun 2022 10:43 AM
- hungarymatters.hu
- finance
Hungarian rate-setters raised the central bank’s (NBH) base rate by 50 basis points to 5.90% at their regular policy meeting on Tuesday. The Monetary Council also expanded the two sides of the interest rate corridor by the same ratio.
Central Bank Hiked Interest Rate in Hungary by 100 Basis Points
- 27 Apr 2022 6:59 AM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio. In a statement released after the meeting, the Monetary Council said the war in Ukraine has “posed a much higher risk than usual” to the outlook for inflation.
Wage Growth Slows To 9.7% in December in Hungary
- 24 Feb 2022 6:40 AM
- hungarymatters.hu
- finance
Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Public Debt Set to Decline, Says Hungarian Finance Minister
- 1 Jan 2022 9:13 AM
- hungarymatters.hu
- finance
Finance Minister Mihály Varga, said there is a high chance that Hungary’s public debt may be put back on a declining path.
Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank
- 13 Jul 2021 9:18 AM
- hungarymatters.hu
- finance
György Matolcsy, the governor of Hungary’s central bank, has suggested in an op-ed that the euro area should have two exchange rates, one for northern member states and another for the bloc’s southern ones.
EC Proposes Suspending 65% of Cohesion Funds To Hungary
- 19 Sep 2022 6:29 AM
- hungarymatters.hu
- finance
The European Commission has proposed suspending a part of the EU funds allocated to Hungary over concerns about their mismanagement. Johannes Hahn, the Commissioner for Budget and Administration, told a press conference on Sunday that the EC was proposing to the European Council a suspension of 65% of cohesion funds due to Hungary, amounting to an estimated 7.5 billion euros.
Opposition Slams Hungary’s 2023 Budget
- 20 Jul 2022 10:08 AM
- hungarymatters.hu
- finance
Hungary's parliament passed into law the government's budget for 2023 in a final vote on Tuesday, with 135 votes in favour and 54 votes against.
Double Taxation Avoidance Agreement with Hungary Terminated by US, Says Szijjártó
- 11 Jul 2022 8:27 AM
- hungarymatters.hu
- finance
The United States has terminated its double taxation avoidance agreement with Hungary signed 43 years ago, Péter Szijjártó, the minister of foreign affairs and trade, said on Saturday.
Hungary Improving In Fighting Money Laundering & Terrorist Financing, Notes COE
- 9 Jun 2022 9:03 AM
- hungarymatters.hu
- finance
Hungary has improved measures to combat money laundering and terrorist financing, with positive steps taken by the authorities resulting in an upgrade of Hungary from “partially compliant” to “largely compliant”, Moneyval, the Council of Europe’s expert body against money laundering, said in a report released in Strasbourg on Wednesday.
Central Bank Raises Base Rate by 50 Basis Points in Hungary
- 1 Jun 2022 10:43 AM
- hungarymatters.hu
- finance
Hungarian rate-setters raised the central bank’s (NBH) base rate by 50 basis points to 5.90% at their regular policy meeting on Tuesday. The Monetary Council also expanded the two sides of the interest rate corridor by the same ratio.
Central Bank Hiked Interest Rate in Hungary by 100 Basis Points
- 27 Apr 2022 6:59 AM
- hungarymatters.hu
- finance
Hungarian central bank rate-setters hiked the base rate by 100 basis points to 5.40% at their regular meeting on Tuesday, while also expanding the two sides of the interest rate corridor by the same ratio. In a statement released after the meeting, the Monetary Council said the war in Ukraine has “posed a much higher risk than usual” to the outlook for inflation.
Wage Growth Slows To 9.7% in December in Hungary
- 24 Feb 2022 6:40 AM
- hungarymatters.hu
- finance
Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Public Debt Set to Decline, Says Hungarian Finance Minister
- 1 Jan 2022 9:13 AM
- hungarymatters.hu
- finance
Finance Minister Mihály Varga, said there is a high chance that Hungary’s public debt may be put back on a declining path.
Introduction of Dual Euro Exchange Rate Suggested by Governor of Central Bank
- 13 Jul 2021 9:18 AM
- hungarymatters.hu
- finance
György Matolcsy, the governor of Hungary’s central bank, has suggested in an op-ed that the euro area should have two exchange rates, one for northern member states and another for the bloc’s southern ones.