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• Economy

  Deficit 121% of full-year target at end of August, ministry confirms

  

  Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,646.2 billion deficit at the end of August, thus reaching 121% of the HUF 1,360.7 bln full-year target, the Ministry of Finance confirmed in a second reading of data released Monday.   

   Tue, Sept. 25, 2018, 09:30

  • central budget
  • deficit
  • target
  • Ministry of Finance
• Politics

  FM summons Spanish ambassador, as war of words escalates

  

  The Ministry of Foreign Affairs and Trade summoned Spain’s ambassador to Budapest on Wednesday with relation to Spanish Foreign Minister Josep Borrell’s statements criticizing Hungary as xenophobic, according to a report on official government website kormany.hu.

   Fri, Sept. 21, 2018, 11:38

  • Foreign Ministry
  • Spain
  • ambassador
  • summons
• News

  Hungarians to work three Saturdays in 2019, in exchange for longer hols

  

  There will be three "working Saturdays" - Saturdays that replace a working day falling between a regular holiday and a weekend - next year, according to a decree published by the Ministry of Finance in the latest issue of the official gazette Magyar Közlöny.   

   Fri, Aug. 24, 2018, 15:49

  • saturday
  • working day
  • holiday
  • ministry of finance
• Economy

  Government deficit reaches 109.6% of full-year target

  

  The government deficit, which had already surpassed the full-year target in June, has increased by a further 5%. The cash flow-based general government, excluding local councils, stood at HUF 1.491 trillion deficit at the end of July, the Ministry of Finance said today.

   Tue, Aug. 7, 2018, 13:47

  • deficit
  • budget
  • government
  • Hungary
  • finance ministry
• Business

  Ministry declares Ikarus Egyedi strategically important enterprise

  

  Hungarian bus manufacturer Ikarus Egyedi has been declared a strategically important enterprise at the request of the company as part of its bankruptcy filing, the Ministry for Innovation and Technology (ITM) said late on Tuesday.

   Wed, July 11, 2018, 13:00

  • strategically important
  • ministry
  • ikarus egyedi
  • bus
  • bankruptcy
• Economy

  Deficit 87% of full-year target, ministry confirms

  

  Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 1,187.5 billion deficit at the end of May, the Ministry of Finance confirmed in a second reading of data released Wednesday.  The deficit thus reached 87.3% of the HUF 1,360.7 bln full-year target.   

   Wed, June 20, 2018, 12:32

  • deficit
  • target
  • ministry of finance
• Whatson

  V4 Roadshow comes to Corvinus University

  

  The Hungarian Ministry of Foreign Affairs and Trade and the Institute for Foreign Affairs and Trade (KKI), in cooperation with the International Diplomatic Student Association, are hosting the first event of the V4 Roadshow on May 8 entitled “The Future of the Visegrád Cooperation.”  

   Mon, May 7, 2018, 09:00

  • v4
  • visegrad
  • roadshow
  • university
  • kki
  • ministry
• Politics

  Balog to step down as Hungarian superministry head

  

  Zoltán Balog will leave his position as head of the Ministry of Human Capacities, the superministry that oversees the health and education portfolios, among others, to concentrate on chairing the Foundation for a Civic Hungary (PMA), the minister said in an interview with internet news portal origo.hu published late Monday.   

   Tue, Apr. 24, 2018, 11:50

  • balog
  • superministry
  • health
  • education
  • orban
• Finance

  Deficit over 64% of full-year target at end of March

  

  Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 871.9 billion deficit at the end of March, the Ministry for National Economy confirmed in a second reading of data released Monday. The deficit thus reached 64.1% of the HUF 1,360.7 bln full-year target.

   Mon, Apr. 23, 2018, 12:10

  • deficit
  • budget
  • target
  • ministry
• Economy

  Deficit confirmed nearing 40% of full-year target

  

  Hungaryʼs cash flow-based general government, excluding local councils, ran a HUF 526.6 billion deficit at the end of February, the Ministry for National Economy confirmed on Wednesday. The headline figure was unchanged from preliminary data released on March 7.

   Wed, Mar. 21, 2018, 12:09

  • deficit
  • budget
  • tax
  • target
  • ministry for national economy