Apart from the requirements mentioned for state finances (the ratio of debt to GDP and the ratio of fiscal deficit to GDP) set out in the Maastricht Treaty, during the last few

• The primary balance (PB/GDP) required to stabilise the debt ratio at a given target level (D/GDP) [r is the effective (real) interest rate on government debt, and g is the

• The primary balance (PB/GDP) required to stabilise the debt ratio at a given target level (D/GDP) [r is the effective (real) interest rate on government debt, and g is the

Some features of Hungary’s recent economic performance Bright side • GDP and employment growth 2014 - • Fiscal balance, fall in debt/GDP ratio • External surplus, fall in net

We find that: (a) while there is no clear evidence that before 2008 the debt to GDP ratio was unsustainable for the European Union countries as a whole, it entered into

We follow Brzoza-Brzezina and Kotlowski (2016) and use the net foreign asset position (NFA) over GDP ratio as our main measure of debt, although later we report robustness results

companies providing financial services had the most favourable liquidity, indebtedness, debt to equity, and equity to total assets ratios.. In terms of the debt to equity

The main compare for differences among these countries is mostly the labour productivity, GDP growth, GDP per employed, governmental debt, tax revenue, balance

Required improvement in the primary balance % GDP from its 2010 annual level to its 2015 annual level under different macroeconomic scenarios and different debt stabilisation

While the share of indirect taxes within total tax revenues in case of Hungary was close to the less developed EU Member States, the ratio of indirect tax revenues to GDP was

On the other hand, if we take into considerations the targeted public debt (60 percent of GDP), the calculated (permitted) average fiscal deficit is relatively higher

The main goal of the work was to elaborate a general model with which one can treat the electron- nucleus-laser coupled processes effectively, and on the other hand, which model

In its monetary policy easing cycle (2008–2014) that followed the crisis, the Fed’s total assets-to-GDP ratio increased by 17 percentage points, the ECB balance sheet in- creased

At the beginning of 2008, the Hungarian Greenspan – Guidotti ratio was above 100 per cent, however, due to the rapid shortening of the foreign debt and the market turbulence, the

a).. In the [ABCD] tetrahedron having all the faces acute angled triangles, is denoted by r X, R X the radius lengths of the circle inscribed and circumscribed respectively on the

Senior debt includes second lien debt; revolving credit facilities; senior term debt and tranches of a term loan.. Junior debt includes mezzanine debt; PIK notes; PIK Toggles;

CA_TA is the ratio of current assets to total assets, Stock is the ratio of stock to total assets, Debtor is the ratio of account receivable to total assets, Cash is the

The Toda–Yamamoto Approach to Granger causality test also revealed the existence of a debt-fueled capital flight signifying the need for sound domestic debt management to deal