169 result(s) for 2018 in Business
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
Autoliv Creates 700 New Jobs In Hungary
- 8 Apr 2015 9:00 AM
- business
Swedish automotive safety manufacture Autoliv will create 700 new jobs in Hungary by expanding its seatbelt manufacturing plant in Sopronkövesd. The decision was announced on 23 February at the Ministry of Foreign Affairs and Trade in Budapest.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Swedish Company To Create 700 New Jobs In W Hungary
- 24 Feb 2015 8:00 AM
- business
Swedish car parts maker Autoliv will create 700 new jobs through expanding its seat belt plant in western Hungary’s Sopronkövesd. The project, announced at the ministry of foreign trade, will add a 15,000 square metre facility to the company’s existing production hall by 2018.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Bank Levy Reduction Could Benefit Hungary Rating
- 12 Feb 2015 8:00 AM
- business
The government’s plan to reduce the bank levy could have a positive impact on Hungary’s sovereign rating, Reuters quoted an analyst for Fitch Ratings as saying. “One key policy would be to reduce this tax on the banking sector and that I think would be positive for our assessment,” Arnaud Louis said.
Giró-Szász: EBRD Deal Signals New Fiscal Policy In Hungary
- 12 Feb 2015 3:00 AM
- business
The government’s recent signing of an agreement with the European Bank for Reconstruction and Development (EBRD) marks the beginning of a new era in Hungary’s fiscal policy, cabinet state secretary András Giró-Szász said, insisting that the government had stabilised the Hungarian economy and resolved the problem of troubled forex debtors, which created an opportunity to reduce the sectoral tax on ...
Hungary’s Economy On Long-Term Growth Path, Says Fidesz
- 29 Jan 2015 8:00 AM
- business
The government has succeeded in putting the national economy on a growth path and is committed to maintaining this trend in 2015, the spokesman of ruling Fidesz’s parliamentary group said. Bence Tuzson said that a total 12,000 billion forints (EUR 38.5bn) in European Union funds would be available to Hungary in the next seven years, and those funds, together with the country’s performance, could ...
Rogán: Hungary Would Suffer If It Replaced Forint With Euro
- 20 Jan 2015 8:00 AM
- business
Hungary is likely to have fulfilled the preconditions for adopting the euro by 2020 but it would only be worth contemplating replacing the forint if it appeared that the country would benefit from such a move, Antal Rogán, parliamentary group leader of the ruling Fidesz party, told journalists. In a recent interview to Magyar Hírlap daily, Rogán said that the Hungarian economy would be in a fit ...
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
Autoliv Creates 700 New Jobs In Hungary
- 8 Apr 2015 9:00 AM
- business
Swedish automotive safety manufacture Autoliv will create 700 new jobs in Hungary by expanding its seatbelt manufacturing plant in Sopronkövesd. The decision was announced on 23 February at the Ministry of Foreign Affairs and Trade in Budapest.
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Swedish Company To Create 700 New Jobs In W Hungary
- 24 Feb 2015 8:00 AM
- business
Swedish car parts maker Autoliv will create 700 new jobs through expanding its seat belt plant in western Hungary’s Sopronkövesd. The project, announced at the ministry of foreign trade, will add a 15,000 square metre facility to the company’s existing production hall by 2018.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
Bank Levy Reduction Could Benefit Hungary Rating
- 12 Feb 2015 8:00 AM
- business
The government’s plan to reduce the bank levy could have a positive impact on Hungary’s sovereign rating, Reuters quoted an analyst for Fitch Ratings as saying. “One key policy would be to reduce this tax on the banking sector and that I think would be positive for our assessment,” Arnaud Louis said.
Giró-Szász: EBRD Deal Signals New Fiscal Policy In Hungary
- 12 Feb 2015 3:00 AM
- business
The government’s recent signing of an agreement with the European Bank for Reconstruction and Development (EBRD) marks the beginning of a new era in Hungary’s fiscal policy, cabinet state secretary András Giró-Szász said, insisting that the government had stabilised the Hungarian economy and resolved the problem of troubled forex debtors, which created an opportunity to reduce the sectoral tax on ...
Hungary’s Economy On Long-Term Growth Path, Says Fidesz
- 29 Jan 2015 8:00 AM
- business
The government has succeeded in putting the national economy on a growth path and is committed to maintaining this trend in 2015, the spokesman of ruling Fidesz’s parliamentary group said. Bence Tuzson said that a total 12,000 billion forints (EUR 38.5bn) in European Union funds would be available to Hungary in the next seven years, and those funds, together with the country’s performance, could ...
Rogán: Hungary Would Suffer If It Replaced Forint With Euro
- 20 Jan 2015 8:00 AM
- business
Hungary is likely to have fulfilled the preconditions for adopting the euro by 2020 but it would only be worth contemplating replacing the forint if it appeared that the country would benefit from such a move, Antal Rogán, parliamentary group leader of the ruling Fidesz party, told journalists. In a recent interview to Magyar Hírlap daily, Rogán said that the Hungarian economy would be in a fit ...