101 result(s) for economic recession
World Bank Sees Recession In Hungary In 2012
- 5 Jul 2012 9:00 AM
- current affairs
The World Bank expects the Hungarian economy to fall into recession this year, shrinking by 0.4% before growth returns next year at 1.5%, according to a forecast for the Central Eastern European and Baltic regions. Hungary will be one of three countries in the group to post negative growth this year.
Now On: Horizon Exhibition, Palace Of Arts Budapest
- 11 Jun 2012 9:00 AM
- entertainment
In a time of economic recession, the role of culture is particularly significant. The objective of the Palace of Arts as well is to bring art closer to visitors; to make its programmes more comprehensible to all. One of the tools to achieve this is editing its programming schedule according to a seasonal theme starting from the fall of 2012, thus in the future each season will be related to a ...
Hungarian Government Committed To IMF-EU Agreement And Ready To Start Negotiations
- 9 Mar 2012 8:04 AM
- current affairs
"Minister without Portfolio for Liaising with Certain International Financial Organisations Tamás Fellegi’s keynote speech opened the conference entitled “Forint, crisis, state debt” organised on macro-economic issues on 8 March 2012 in Budapest by Portfolio.hu.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
IMF Report About Hungary Bristles With Warnings
- 31 Jan 2012 8:00 AM
- current affairs
"Hungary's economy may see slight growth at best this year, as the country remains highly vulnerable due to the high state debt and its exposure to the euro zone crisis, the IMF writes in its latest report on Hungary, released last week. The IMF advises the government in its report to make economic policy predictable to regain the confidence of investors and to continue with structural reforms.
Fitch Downgrades Hungarian Banks
- 16 Jan 2012 8:10 AM
- business
"Fitch Ratings downgraded its rating of four Hungarian banks, as a consequence of its decision to reduce Hungarian state debt to junk status on January 6. Specifically, the long-term debt of CIB and K&H banks is lowered to “BBB”. Fitch also downgraded the support of the parent concerning CIB, K&H, Erste and Raiffeisen banks.
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
Hungary July Manufacturing PMI Shows Growth Again
- 2 Aug 2010 2:20 AM
- business
"Hungary's manufacturing purchasing manager index (PMI) rose 3.9 percentage points to 53.5 points in July 2010, the Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM) reported on Monday. This is a turnaround after the PMI index dropped for four consecutive months from a 20-month high reached in February (55.9).
Is The Crisis Really Over In Hungary?
- 19 Jul 2010 3:00 AM
- business
"The expanding series of promising macroeconomic data has a new addition in Hungary, the latest wage and employment statistics the Central Statistics Office (KSH) has published on Friday.
World Bank Sees Recession In Hungary In 2012
- 5 Jul 2012 9:00 AM
- current affairs
The World Bank expects the Hungarian economy to fall into recession this year, shrinking by 0.4% before growth returns next year at 1.5%, according to a forecast for the Central Eastern European and Baltic regions. Hungary will be one of three countries in the group to post negative growth this year.
Now On: Horizon Exhibition, Palace Of Arts Budapest
- 11 Jun 2012 9:00 AM
- entertainment
In a time of economic recession, the role of culture is particularly significant. The objective of the Palace of Arts as well is to bring art closer to visitors; to make its programmes more comprehensible to all. One of the tools to achieve this is editing its programming schedule according to a seasonal theme starting from the fall of 2012, thus in the future each season will be related to a ...
Hungarian Government Committed To IMF-EU Agreement And Ready To Start Negotiations
- 9 Mar 2012 8:04 AM
- current affairs
"Minister without Portfolio for Liaising with Certain International Financial Organisations Tamás Fellegi’s keynote speech opened the conference entitled “Forint, crisis, state debt” organised on macro-economic issues on 8 March 2012 in Budapest by Portfolio.hu.
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
IMF Report About Hungary Bristles With Warnings
- 31 Jan 2012 8:00 AM
- current affairs
"Hungary's economy may see slight growth at best this year, as the country remains highly vulnerable due to the high state debt and its exposure to the euro zone crisis, the IMF writes in its latest report on Hungary, released last week. The IMF advises the government in its report to make economic policy predictable to regain the confidence of investors and to continue with structural reforms.
Fitch Downgrades Hungarian Banks
- 16 Jan 2012 8:10 AM
- business
"Fitch Ratings downgraded its rating of four Hungarian banks, as a consequence of its decision to reduce Hungarian state debt to junk status on January 6. Specifically, the long-term debt of CIB and K&H banks is lowered to “BBB”. Fitch also downgraded the support of the parent concerning CIB, K&H, Erste and Raiffeisen banks.
Hungary Base Rate Frozen All Summer Long
- 24 Aug 2010 12:30 PM
- business
"At Monday’s rate-setting session, the National Bank of Hungary has left the base rate unchanged at a historic low of 5.25% for the 5th month in a row. Hungary’s interest rate policy supposedly remains driven by concerns for fiscal stability rather than the inflation outlook.
Hungary July Manufacturing PMI Shows Growth Again
- 2 Aug 2010 2:20 AM
- business
"Hungary's manufacturing purchasing manager index (PMI) rose 3.9 percentage points to 53.5 points in July 2010, the Hungarian Association of Logistics, Purchasing and Inventory Management (HALPIM) reported on Monday. This is a turnaround after the PMI index dropped for four consecutive months from a 20-month high reached in February (55.9).
Is The Crisis Really Over In Hungary?
- 19 Jul 2010 3:00 AM
- business
"The expanding series of promising macroeconomic data has a new addition in Hungary, the latest wage and employment statistics the Central Statistics Office (KSH) has published on Friday.