TITLE

Pension Policy: Short-Term Gain, Long-Term Pain

PUB. DATE
February 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Feb2011, Vol. 18 Issue 2, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article focuses on the economic forecast for Hungary. It says that the part-nationalisation of the pension system as approved by Fidesz party will improve the short-term fiscal gaps and could meet the budget deficit beyond 2010. However, it states that pension reform reversal will have a negative impact in terms of long-term structural issues and that investors and financial markets will remain restrained towards the government. Moreover, consumer price inflation (CPI) rate is discussed.
ACCESSION #
57275221

 

Related Articles

  • Fidesz Fast Losing Its Pro-Business Credentials.  // Emerging Europe Monitor: Central Europe & Baltic States;Jan2011, Vol. 18 Issue 1, p5 

    The article presents a forecast on Hungary's economic sector. It mentions the impacts of Hugarian government's pronouncement to enhance its financial tax in the business-friendly credentials of the Fidesz party. It states that the government anticipates to produce 470 million dollars every year...

  • Country Forecast.  // Political Risk Yearbook: Hungary Country Report;2010, p2 

    The article presents forecasts on the economic and political status of Hungary. It analyzes the move of Prime Minister Ferenc Gyurcsány to give up his position after winning re-election as Magyar Szocialista Párt (MSZP) leader in March 2009. The potential return to power of Fidesz is also...

  • Fidesz Mandate Secured Through To 2014.  // Emerging Europe Monitor: Central Europe & Baltic States;Dec2010, Vol. 17 Issue 12, p5 

    The article focuses on the authority of the Fidesz party in administrating Hungary after their victory during the Hungarian municipal elections on October 30, 2010. It says that the said government will control all the 19 county assemblies within the nation and it will perform policymaking...

  • Working group gets three weeks to draft cardinal law on utilities price cuts.  // Hungary A.M.;10/1/2013, p6 

    The article reports on the working group established by the Hungarian ruling party Fidesz for the task of drafting cardinal legislation to establish reductions in household utility prices in the Hungarian constitution. The author says the working group was given three weeks to complete the draft...

  • Hungary mulls cementing utility price cuts in constitution.  // Energy Today (Hungary);10/1/2013, p5 

    The article reports that Hungary's political group Fidesz Party is finding ways to present the household utility price cuts in the country's constitution along with the suffering of utility firms from the loss of revenue due to the Hungarian government's mandated price cuts.

  • RISK SUMMARY: HUNGARY.  // Emerging Europe Monitor: Central Europe & Baltic States;Oct2007, Vol. 14 Issue 10, p2 

    The article analyzes the political, economic and business risks surrounding Hungary. Opposition political party Fidesz is speculated to support government's budget reform plan. The country's economic performance has been negatively influenced by the crises in the global financial markets....

  • HUNGARY MAY SEEK BANKRUPTCY TO DUMP ITS SOVEREIGN DEBTS. Land, Thomas // Contemporary Review;Mar2012, Vol. 294 Issue 1704, p1 

    The article discusses Hungary's debt crisis and reports that the country may seek bankruptcy. The causes of the debt crisis, including legislation enacted by the Fidesz government of prime minister Viktor Orbán, are explored, and the possibility that Orbán's government is deliberately...

  • Hungary.  // Political Risk Yearbook: Hungary Country Report;2011, preceding pPRI-1 

    A country report for Hungary, as of December 1, 2010, is presented. It cites the victory of Fidesz-Hungarian Civic Union at a parliamentary election held in April 2010 and at local elections in October. A series of temporary measures to increase revenues has been launched by the Hungarian...

  • POLITICS.  // Hungary A.M.; 

    The article offers political news briefs in Hungary as of September 17, 2013. The government's plan to turn utilities companies into non-profit entities was not yet realized. Vietnam and Hungary expanded their nuclear energy agreement. Ruling political party Fidesz will include coal and wood for...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics