Tag: government

Hungary’s government may be reshuffled within two weeks, local news portal origo.hu reported on Tuesday. This would bring about the departure of two ministers and the appointment of two state secretaries... 

There will be changes in Hungary’s government at the half of the term, Prime Minister Viktor Orbán on Friday. He also revealed that the cabinet plans further changes in the tax system, and that he... 

Hungary is planning to rely on market sources for finance and use sources flexibly, the State Debt Management Agency's (ÁKK) long-term financing plan revealed. The ÁKK plan is to source EUR 4 billion from... 

Standard & Poor's has downgraded Hungary's sovereign debt from BBB- to BB+, which means the country now has junk rating. To make matters worse, the rating comes with negative outlook. This means Hungarian... 

November’s 0.5 percentage point rate hike may be followed by a second one in Hungary, according to a Portfolio.hu analyst poll. In 2012, interest rate trends will remain driven by financial stability... 

(Adds details on debt, growth, 2012 measures). The overhaul planned to take place next year is the largest since 1990, Prime Minister Viktor Orbán said in a conference at the Kálmán Széll Foundation Tuesday... 

A fresh analysis by the staff of Hungary’s central bank (NBH) shows that the country’s general government deficit will reach 3.1% of GDP in 2012, which is above the cabinet’s 2.5% target... 

The Hungarian Parliament’s audit and budget committee has put in an amendment proposal to the government’s 2012 budget bill, suggesting the HUF 150 billion Country Protection Fund (reserves)...