38 result(s) for economic recession in Business
Record Low Hungarian Budget Deficit Is Sustainable
- 18 Sep 2013 1:00 AM
- business
The budget deficit (1.9 percent of gross domestic product) has not been at such a low level for 10 years and according to forecasts it will remain below 3 percent next year.
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Opel Extends Its Manufacturing Facility In Szentgotthárd, Hungary
- 10 Jul 2013 12:00 PM
- business
State Secretary for External Economic Relations and Foreign Affairs Péter Szijjártó and Director of Opel Szentgotthárd Tamás Solt announced that Opel will expand its manufacturing facility in Szentgotthárd with an investment of 60 million euro.
Ecofin Lifts Excessive Deficit Procedure Against Hungary
- 24 Jun 2013 1:00 AM
- business
The Economic and Financial Affairs Council of the European Union (Ecofin) has approved the proposal of the European Commission to abrogate the excessive deficit procedure (EDP) against Hungary, Minister for National Economy Mihály Varga announced.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Opinion: Hungary Looks To The East
- 23 May 2013 9:00 AM
- business
Hungarian businessmen sense they are being discriminated against in the West because they are Eastern European, so they feel more comfortable seeking out business opportunities in the East. Buyers from the EU also tend to be more demanding. In the East the domestic manufacturers are often not as competitive and consumers are looking for new quality products. What is more, there is an emotional ...
Out Of Technical Recession: Hungary’s GDP Grew By 0.7 In The First Quarter
- 15 May 2013 9:02 AM
- business
In line with Government expectations – and according to the flash report of the Hungarian Central Statistical Office (KSH) – the Hungarian economy expanded by 0.7 percent compared to the previous quarter.
Xpat Opinion: The Fear Of A Credit Crunch In Hungary
- 8 Nov 2012 8:00 AM
- business
A long-time right-wing critic of the government’s economic policy warns that prolonged banking taxes might result in a steep decline in economic output.
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.
Record Low Hungarian Budget Deficit Is Sustainable
- 18 Sep 2013 1:00 AM
- business
The budget deficit (1.9 percent of gross domestic product) has not been at such a low level for 10 years and according to forecasts it will remain below 3 percent next year.
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Opel Extends Its Manufacturing Facility In Szentgotthárd, Hungary
- 10 Jul 2013 12:00 PM
- business
State Secretary for External Economic Relations and Foreign Affairs Péter Szijjártó and Director of Opel Szentgotthárd Tamás Solt announced that Opel will expand its manufacturing facility in Szentgotthárd with an investment of 60 million euro.
Ecofin Lifts Excessive Deficit Procedure Against Hungary
- 24 Jun 2013 1:00 AM
- business
The Economic and Financial Affairs Council of the European Union (Ecofin) has approved the proposal of the European Commission to abrogate the excessive deficit procedure (EDP) against Hungary, Minister for National Economy Mihály Varga announced.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Xpat Opinion: Hungary Looks To The East
- 23 May 2013 9:00 AM
- business
Hungarian businessmen sense they are being discriminated against in the West because they are Eastern European, so they feel more comfortable seeking out business opportunities in the East. Buyers from the EU also tend to be more demanding. In the East the domestic manufacturers are often not as competitive and consumers are looking for new quality products. What is more, there is an emotional ...
Out Of Technical Recession: Hungary’s GDP Grew By 0.7 In The First Quarter
- 15 May 2013 9:02 AM
- business
In line with Government expectations – and according to the flash report of the Hungarian Central Statistical Office (KSH) – the Hungarian economy expanded by 0.7 percent compared to the previous quarter.
Xpat Opinion: The Fear Of A Credit Crunch In Hungary
- 8 Nov 2012 8:00 AM
- business
A long-time right-wing critic of the government’s economic policy warns that prolonged banking taxes might result in a steep decline in economic output.
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.