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Hungary Public Finances News is an EIN News Service for political professionals. Constantly updated news and information about Hungary EU Politics.
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Latest Hungary Public Finances News

  • Czech finmin-more budget steps needed in early-2010 27 Nov 2009 13:34 GMT
    ... or face a surge in its 2011 budget deficit above 6 percent of GDP, Finance Minister ... to pretend they don't care about the public finance in the pre-election period,' Janota said at ... the need for international bailouts provided to Hungary, Romania and others. The Czech parliament has approved ...

  • EMERGING MARKETS-Dubai debt fears fuel profit-taking 26 Nov 2009 14:11 GMT
    ... biggest daily fall in over three weeks. Hungary's forint led eastern European currency losses after the ... raised its projection for the country's 2010 budget deficit. (Additional reporting by Sujata Rao; Editing by ...

  • Hungary leading opposition force to set eurozone target date next year 26 Nov 2009 09:22 GMT
    ... Hungary's leading opposition party, heavily tipped to win a ... reiterated a former comment that he foresaw budget deficit to jump to 7.0%-7.5% of GDP next ...

  • Hungary sticks to 2010 deficit goal even if c.bank is pessimistic - FinMin 25 Nov 2009 17:07 GMT
    ... without any expenditure title in the 2010 budget cannot be tapped for spending purposes, Hungary's budget deficit target of 3.8% of GDP remains achievable, Finance Ministry spokesman Ferenc Pichler told Portfolio.hu ...

  • Rough road lies ahead of Hungary if it wants to meet deficit targets - c.bank 25 Nov 2009 12:54 GMT
    ... Without further temporary spending reduction measures Hungary's public sector deficit is likely to overshoot the ... the upside and downside risks to the budget deficit fcast are mostly in balance for 2010, ...

  • Hungarian cbank warns of higher 2010 budget deficit 25 Nov 2009 11:35 GMT
    ... BUDAPEST, Nov 25 (Reuters) - Hungary's central bank (NBH) said on Wednesday the country's 2010 budget deficit would hit 4.3 percent of gross domestic ... and based on the NBH's forecast, the Hungarian economy can be financed without net external funds,' ...

  • Euro adoption not in sight for Hungary because of bulging debt - EBRD Director 25 Nov 2009 08:48 GMT
    ... Although the Hungarian government is fiscally prudent, it has a small ... and a hard place at the moment. Hungary's strategy will probably have to be to ... near future, particularly because of its high public debt." Hungary's gross government debt is seen reaching ...

  • Chief of I.M.F. Urges Continued Stimulus Efforts 25 Nov 2009 00:10 GMT
    ... splurge in government spending could push the public finances of some countries close to the brink. ... the government in Britain - where the budget deficit is projected to rise above 13 percent ... transactions. Meanwhile, the announcement last week by Hungary that it would forgo the next installment of an ...

  • California Scheming 24 Nov 2009 22:46 GMT
    ... increasing privatization--in Austria, Canada, France, Germany, Greece, Hungary, Israel, South Africa, Spain and the United Kingdom. ... week that the state will be facing budget deficits of around $20 billion for years to ...

  • I.M.F. Chief Warns Against 'Premature Exit' From Stimulus Programs 24 Nov 2009 20:50 GMT
    ... splurge in government spending could push the public finances of some countries close to the brink. ... the government in Britain — where the budget deficit is projected to rise above 13 percent ... transactions. Meanwhile, the announcement last week by Hungary that it would forgo the next installment of an ...

  • Bulgaria Credit Risk among Top 7 in Eastern Europe 23 Nov 2009 23:46 GMT
    ... to shelve EUR adoption targets. Romania and Hungary have had to implement budget cuts that exacerbated their ... billion to finance their current- account and budget deficits,” Bloomberg points out. Consumers and companies in ...

  • Hungary's central bank cuts rates 23 Nov 2009 20:23 GMT
    ... including Norway, Israel and Australia have However, Hungary remains behind the curve owing to a previous ... Curtain. , prime minister, is targeting a budget deficit of 3.9 per cent this year as ...

  • Hungary Cuts Key Rate to Three-Year Low on Recession, Inflation 23 Nov 2009 14:55 GMT
    ... as the economic slump blunts price pressures. Hungary was the first European Union country to get an ... pledges to the IMF to limit the budget deficit. The cuts allow the central bank to ...

  • Hungary MPC discusses three rate cut options, "convincing majority" wins - Simor 23 Nov 2009 14:54 GMT
    ... "There is no inflationary pressure in the Hungarian economy," Simor noted with respect to today's rate ... Simor added. Under the "most likely scenario" Hungary's budget deficit will undershot the government's target this year, ...

  • EU recession over, but sharp contrasts in East 23 Nov 2009 12:52 GMT
    ... lot of countries such as Latvia or Hungary, where the economies have been in freefall. ... GDP in 2011. The commission sees Latvia's budget deficit at 12.3% of GDP in 2010 and ... London. The Czech koruna, Polish zloty and Hungarian forint have all gained ground against the dollar ...


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