DataPDF Available

A magyar nemzetgazdaság működésének gazdasági, rendszertani és jogszabályi alapjai – unortodox jegybanki eszközök bemutatásával ékesítve 1 fejezet folyt

Authors:
... A significant part of the assumed debt was denominated in foreign currency, and this resulted in a high exchange-rate risk, causing financial instability to both the local and the central sub-systems. The state, reorganised in 2010, had carried out a successful fiscal consolidation by 2013 (Lentner, 2015a;Lentner, 2015b, Lentner 2015c. ...
... Pursuant to the regulations of the Treaty of Rome and the Treaty on the Functioning of the European Union, direct state aid is forbidden and therefore municipal companies must endeavour to manage their budget to match their revenues, in accordance with the findings of the State Audit Office . If necessary, the financial government can use the tool of consolidation, but the persistence of the soft budgetary threshold can only be avoided by laying down general rules (Lentner, 2013;2015b;2015c). ...
... 3) the heads of state-owned and municipality-owned companies must comply with strict ethical and integrity principles; and 4) the remuneration of the heads of such companies must be changed (SAO, 2015a;2015b;Domokos et al., 2016). ...
ResearchGate has not been able to resolve any references for this publication.