Tag: budget

« previous 20 articles 1 / 34  

This is how much Hungary's two new programmes will cost

June 18, 2019, 9:53 am
Hungary’s family protection action plan will cost the state 162 billion forints in 2020, and the economic protection action plan will absorb HUF 478 billion, according to the details of the 2020... 

Hungarian gov't master plan unveiled - Major tax cuts may be mulled

June 17, 2019, 4:00 pm
The Hungarian government projects the best budget deficit trajectory of all times for the following years, the budget outlook for 2020 shows. The detailed figures also reveal that free budget reserves... 

Hungary posts largest May deficit in budget

June 7, 2019, 11:42 am
Hungary posted a general government shortfall of 137.4 billion forints in May, the largest deficit recorded in the fifth month of the year since 2004, the Finance Ministry reported on Friday. As the budget... 

This is how you will pay taxes in Hungary next year

June 5, 2019, 5:26 pm
At the same time as the government submitted its 2020 budget bill on Wednesday, it also introduced next year's tax legislation package. Below is a summary of the most important changes. 05/06/2019 11:47amHungary... 

Hungary is quietly working on new 'miracle weapons'

June 5, 2019, 11:47 am
The Hungarian government is taking a big step towards improving fiscal discipline, as it plans to get within arm’s reach to an actually balanced budget, at least according to a key EU deficit metric.... 

Hungary presents 2020 pension plans

June 5, 2019, 10:36 am
The government has submitted the draft of the 2020 budget, which reveals what pensioners can expect in general next year. Portfolio has calculated how much more money the average pensioner could get next... 

Hungary FinMin presents 2020 budget bill, sets three key goals

June 4, 2019, 2:20 pm
Hungary’s Finance Minister Mihály Varga has submitted the 2020 budget bill to the Speaker of the General Assembly on Tuesday. This is why the deficit target was lowered - 14:29 Answering a question... 

Time for Hungary to abolish interest tax, state official says

June 3, 2019, 11:03 am
The government should use all available tools to bolster the financial security of families, László Domokos, President of the State Audit Office (ÁSZ) said in an interview with economic daily Világgazdaság... 

Hungary is warned again: without action there could be trouble

May 21, 2019, 12:08 pm
Tighter fiscal and monetary policies are needed in Hungary to avoid economic overheating, the Organisation for Economic Cooperation and Development (OECD) has warned in its latest Economic Outlook on... 

Chart reveals exceptional position of Hungary's state budget

May 9, 2019, 4:58 pm
It is difficult to see Hungary’s budget situation clearly due to the financing of projects by the European Union, but now we are shedding light on underlying processes. The Finance Ministry has... 

Hungary reports 2nd best budget balance for April

May 9, 2019, 2:34 pm
Hungary’s general government posted a surplus of 102.9 billion in April, the Finance Ministry presented its preliminary figures on Thursday. The surplus was larger than this only once before. ... 

Commission warns Hungary could hit growth ceiling

May 7, 2019, 3:09 pm
After a strong 2018, Hungary’s economic expansion appears to be running into capacity limits, while productivity gains remain modest, the European Commission said in its Spring 2019 Economic Forecast... 

Euro adoption not on Hungary's agenda - FinMin

May 3, 2019, 1:26 pm
On Friday, Finance Minister Mihály Varga has presented Hungary’s updated Convergence Programme submitted to the European Commission a few days ago. At a press conference, he stressed several times... 

Unexpected Eurostat warning could cause debt problem for Hungary

April 23, 2019, 4:25 pm
Eurostat, the statistical office of the European Union, has published government deficit and debt figures for 2018 on Tuesday. The notes to the release reveal that Eurostat now has not one but two reservations... 

Post-holiday week - U.S. to reveal how its economy fared in the first quarter

April 23, 2019, 5:50 am
A weekend elongated by Good Friday and Easter Monday is behind us, and the shortened week ahead of us does not offer a barrage of macroeconomic events and releases. The key central bank decisions have... 

Commission tightens medium-term budgetary objective for Hungary

April 15, 2019, 11:30 am
A new type of fiscal disciplinary action by the European Commission has been in progress against Hungary for almost a year now. Prime Minister Viktor Orbán’s government, however, has not budged so... 

Hungary's state budget is in excellent shape

April 8, 2019, 1:42 pm
Hungary’s general government balance showed HUF 141.9 billion deficit at the end of March, while the end-February print still showed surplus. The main processes are not unfavourable by far, quite... 

Date for reveal of 2020 draft budget leaked

April 3, 2019, 8:35 am
The 2020 draft budget could be submitted to Parliament at the end of May, Hungarian business daily Világgazdaság reported on Wednesday. This year’s budget may be amended in the second half of the... 

Here's Hungary's official budget deficit figure for 2018

April 1, 2019, 11:30 am
Hungary’s general government sector posted 934 billion forint deficit in 2018, according to preliminary data published by the Central Statistical Office (KSH) on Monday. This corresponds to 2.2%... 

Hungarian budget revenues keep on coming in

March 8, 2019, 12:46 pm
Hungary’s general government sector recorded HUF 177 billion deficit in February, a modest shortfall compared to the previous February prints. The state’s revenues keep on rising nicely. ... 
« previous 20 articles 1 / 34