25 result(s) for shortfall in Business
Hungarian Economy Set to Grow Over 6% ‘With or Without EU Funding’
- 13 Jul 2021 9:40 AM
- hungarymatters.hu
- business
Hungary’s GDP growth could exceed 6% this year “even if not a single cent is received” from the European Union until the end of the year, Finance Minister Mihály Varga said in an interview published by news portal Origo.
Audit Office Calls For Further Reduction Of Tax Wedge
- 16 Jan 2018 7:56 AM
- business
Hungary’s tax wedge - a measure of the tax on labour income - could be reduced further, the head of the State Audit Office (ÁSZ) said in an interview published by the daily Magyar Idők.
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.
Hungary Budget Deficit 2.65 Billion Euros In July
- 8 Aug 2017 8:36 AM
- business
Hungary’s cash flow-based budget, excluding local councils, ran an 816.8 billion forint deficit at the end of July, preliminary data released by the Economy Ministry on Monday show. The shortfall was 70.03 percent of the 1,166.4 billion forint full-year target.
US Embassy Expresses Concern Over Higher Ed Bill’s Effect On CEU
- 30 Mar 2017 9:30 AM
- business
The US embassy has expressed concern over a recent bill to amend the law on higher education in order to clarify and tighten rules governing foreign higher education institutions operating in Hungary, which it says would “seriously restrict” the operation of the Central European University (CEU). David Kostelancik, the charge d’affaires at the embassy, told MTI on Wednesday that the US is opposed ...
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...
Hungarian Economy Set to Grow Over 6% ‘With or Without EU Funding’
- 13 Jul 2021 9:40 AM
- hungarymatters.hu
- business
Hungary’s GDP growth could exceed 6% this year “even if not a single cent is received” from the European Union until the end of the year, Finance Minister Mihály Varga said in an interview published by news portal Origo.
Audit Office Calls For Further Reduction Of Tax Wedge
- 16 Jan 2018 7:56 AM
- business
Hungary’s tax wedge - a measure of the tax on labour income - could be reduced further, the head of the State Audit Office (ÁSZ) said in an interview published by the daily Magyar Idők.
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.
Hungary Budget Deficit 2.65 Billion Euros In July
- 8 Aug 2017 8:36 AM
- business
Hungary’s cash flow-based budget, excluding local councils, ran an 816.8 billion forint deficit at the end of July, preliminary data released by the Economy Ministry on Monday show. The shortfall was 70.03 percent of the 1,166.4 billion forint full-year target.
US Embassy Expresses Concern Over Higher Ed Bill’s Effect On CEU
- 30 Mar 2017 9:30 AM
- business
The US embassy has expressed concern over a recent bill to amend the law on higher education in order to clarify and tighten rules governing foreign higher education institutions operating in Hungary, which it says would “seriously restrict” the operation of the Central European University (CEU). David Kostelancik, the charge d’affaires at the embassy, told MTI on Wednesday that the US is opposed ...
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Budapest Budget Plans Approved
- 18 Feb 2016 8:00 AM
- business
The Budapest assembly passed the budget proposed by the municipality leadership. The budget plans for revenue of 228.86 billion forints (EUR 738m) and spending of 313.5 billion with a shortfall of 85.4 billion. Gábor Bagdy, deputy mayor in change of finances, said the municipality is managing the finances in straitened times but the budget will provide the capital required for the city’s ...