varga mihály

Index – Financial system – There used to be a transformation within the govt, however Viktor Orbán introduced that the finances can not cross away

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Index – Financial system – There used to be a transformation within the govt, however Viktor Orbán introduced that the finances can not cross away

By means of the top of December, the central subsystem of the general public price range closed with a deficit of four,095.8 billion forints, together with the central finances with a deficit of four,003.9 billion forints, in step with data from the Ministry of Nationwide Financial system. As the federal government raised the yearly money … Read more

Index – Financial system – The forint hit a ancient low, Viktor Orbán identified the ones chargeable for the forint’s weakening

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Index – Financial system – The forint hit a ancient low, Viktor Orbán identified the ones chargeable for the forint’s weakening

This week was once very deficient with regards to the HUF. On Thursday, we noticed its weakest trade price in opposition to the euro this yr. In comparison to different currencies, the home foreign money didn’t carry out neatly both: “in opposition to the greenback, it reached this yr’s low of 401 on Friday, in … Read more

Index – Economic system – An enormous wonder, probably the most credit standing companies modified Hungary’s outlook

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Index – Economic system – An enormous wonder, probably the most credit standing companies modified Hungary’s outlook

Previous in our introductory subject matter, we wrote that precisely one week in the past, Moody’s downgraded the solid outlook for Hungary’s debt ranking to adverse. On the time, many of us mistakenly hooked up this with the truth that at the identical day Viktor Orbán introduced that he had nominated Mihály Varga to move … Read more

Index – Internal – Viktor Orbán nominates Minister of Finance Mihály Varga to go the central financial institution

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Index – Internal – Viktor Orbán nominates Minister of Finance Mihály Varga to go the central financial institution

With out György Matolcsy, masses of hundreds of households would were ruined – mentioned Viktor Orbán in his Friday morning radio interview, after which he mentioned that the central financial institution is without doubt one of the maximum essential issues of the Hungarian economic system. “This can be a pledge of balance,” he mentioned. Introduced: … Read more

Index – Internal – The Constitutional Court docket gave the fairway mild to the municipal cohesion contribution

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Index – Internal – The Constitutional Court docket gave the fairway mild to the municipal cohesion contribution

The native govt cohesion contribution is established via the central price range regulation, in line with which native governments will have to pay a contribution with a so-called tax capability according to inhabitant upper than HUF 22,000. In 2023, 724 native governments needed to pay a complete of HUF 237 billion in cohesion contributions. This … Read more

Index – Economic system – If the federal government steps up now, there generally is a large trade in salaries

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Index – Economic system – If the federal government steps up now, there generally is a large trade in salaries

Negotiations about subsequent yr’s minimal salary and the assured minimal salary are ongoing, however thus far no explicit numbers had been introduced throughout the negotiations, neither from the employer’s nor from the worker’s aspect, Index discovered. On paper, more or less 1,000,000 folks earn minimal salary and assured minimal salary. On the very starting, it’s … Read more

Index – Economy – The government cannot find a way out, they do not yet have a solution to this challenge

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Index – Economy – The government cannot find a way out, they do not yet have a solution to this challenge

This year, growth may be lower than previously expected, around 1.5 percent. Following the second quarter GDP data, the government also adjusted its forecast downwards. Gábor Regős, the chief economist of Gránit Alapkezelő, has now highlighted to the Index that the low exports due to external demand, the low expansion of consumption (in addition to … Read more

Index – Homeland – The French are the French, there will be no sanctions – Juncker told Orbán regarding fair treatment

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Index – Homeland – The French are the French, there will be no sanctions – Juncker told Orbán regarding fair treatment

In the Saturday issue of Nemzeti Sport, a major interview with Prime Minister Viktor Orbán was published, who evaluated in detail the Hungarian participation in the recently concluded summer Olympics, but also spoke about the current issues of the domestic sports life. During the conversation, the Prime Minister revived an interesting political story about whether … Read more

Index – Economic system – Hungary gained a cost understand, the Ecu Fee needs 200 million euros in a letter

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Index – Economic system – Hungary gained a cost understand, the Ecu Fee needs 200 million euros in a letter

Hungary should enforce the judgment of the EU Court docket of Justice and pay the asylum superb inside of 45 days, writes the Ecu Fee in a up to date letter addressed to the federal government, which was once received by way of Népszava. In step with spokesman Christian Wigand, the Ecu Fee despatched a … Read more