122 result(s) for bar in Business
Analysts: Moody’s Likely To Upgrade Hungary Later
- 4 Mar 2016 8:00 AM
- business
Moody’s could raise Hungary’s sovereign rating to investment grade on Friday, but chances are better the ratings agency will wait till later this year for an upgrade, analysts told MTI. Moody’s is scheduled to make an announcement on a review of Hungary’s “Ba1” sovereign rating, which is one notch under investment grade, after 10pm on Friday, local time.
MNB Releases New Book On Policy
- 23 Feb 2016 8:00 AM
- business
Governor György Matolcsy presented the MNB’s book Competitiveness and Growth on Monday, outlining future directions and policies that will make improved competitiveness sustainable . He said consolidation has been achieved in recent years, and growth has begun, laying a foundation for sustainable growth for the next 15-20 years.
Budapest Signs EUR 300M Credit Agreement With EIB
- 29 Dec 2015 4:00 AM
- business
The municipality of Budapest on Tuesday signed two credit agreements with the European Investment Bank (EIB) for a total of 300 million euros. The agreements were signed by deputy mayor Gábor Bagdy and EIB Vice President László Baranyay.
CEO ’s More Optimistic About Hungarian Economy
- 17 Dec 2015 10:50 AM
- business
Four out of five Hungarian CEOs believe the Hungarian economic output will grow or be stable in the future, which is around 20% higher compared with a year ago, consultancy EY said, citing its Capital Confidence Barometer. Fully 45% of respondents said they were planning on hiring more workers in the next 12 months.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Hungary Jobless Rate Down To 6.4% In July & Sept
- 29 Oct 2015 8:00 AM
- business
The average unemployment rate was 6.4% among Hungarians aged between 15 and 74 in July-September, the Central Statistical Office (KSH) said. The jobless rate went down from 7.4% in the same period a year earlier and from 6.9% in April-June. The number of unemployed averaged 292,700 during the reported period. The number of employed averaged 4,264,800. A total of 49.2% of the unemployed had been ...
Jobless Rate In Hungary Falls To 6.7% In June -Aug
- 29 Sep 2015 4:35 AM
- business
The average unemployment rate in Hungary edged down to 6.7% in June-August, the Central Statistical Office (KSH) said. The jobless rate for Hungarians between the ages of 15 and 74 was down from 6.8% in May- July and 7.7% in the same period a year earlier. In absolute terms, the number of unemployed averaged 303,800 in June-August. There were 2,984,400 economically inactive Hungarians— those ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...
Analysts: Moody’s Likely To Upgrade Hungary Later
- 4 Mar 2016 8:00 AM
- business
Moody’s could raise Hungary’s sovereign rating to investment grade on Friday, but chances are better the ratings agency will wait till later this year for an upgrade, analysts told MTI. Moody’s is scheduled to make an announcement on a review of Hungary’s “Ba1” sovereign rating, which is one notch under investment grade, after 10pm on Friday, local time.
MNB Releases New Book On Policy
- 23 Feb 2016 8:00 AM
- business
Governor György Matolcsy presented the MNB’s book Competitiveness and Growth on Monday, outlining future directions and policies that will make improved competitiveness sustainable . He said consolidation has been achieved in recent years, and growth has begun, laying a foundation for sustainable growth for the next 15-20 years.
Budapest Signs EUR 300M Credit Agreement With EIB
- 29 Dec 2015 4:00 AM
- business
The municipality of Budapest on Tuesday signed two credit agreements with the European Investment Bank (EIB) for a total of 300 million euros. The agreements were signed by deputy mayor Gábor Bagdy and EIB Vice President László Baranyay.
CEO ’s More Optimistic About Hungarian Economy
- 17 Dec 2015 10:50 AM
- business
Four out of five Hungarian CEOs believe the Hungarian economic output will grow or be stable in the future, which is around 20% higher compared with a year ago, consultancy EY said, citing its Capital Confidence Barometer. Fully 45% of respondents said they were planning on hiring more workers in the next 12 months.
Reactions To Quaestor Compensation Law In Hungary
- 18 Nov 2015 8:00 AM
- business
Hungary’s ruling Fidesz party said the Constitutional Court’s decision to axe parts of a law on compensation for investors of failed brokerage Quaestor served the interests of the banking sector, while opposition parties once again called on the government and central bank to take responsibility for the scandal. Tuesday’s Constitutional Court ruling concerns the law governing a top-up fund which ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Hungary Jobless Rate Down To 6.4% In July & Sept
- 29 Oct 2015 8:00 AM
- business
The average unemployment rate was 6.4% among Hungarians aged between 15 and 74 in July-September, the Central Statistical Office (KSH) said. The jobless rate went down from 7.4% in the same period a year earlier and from 6.9% in April-June. The number of unemployed averaged 292,700 during the reported period. The number of employed averaged 4,264,800. A total of 49.2% of the unemployed had been ...
Jobless Rate In Hungary Falls To 6.7% In June -Aug
- 29 Sep 2015 4:35 AM
- business
The average unemployment rate in Hungary edged down to 6.7% in June-August, the Central Statistical Office (KSH) said. The jobless rate for Hungarians between the ages of 15 and 74 was down from 6.8% in May- July and 7.7% in the same period a year earlier. In absolute terms, the number of unemployed averaged 303,800 in June-August. There were 2,984,400 economically inactive Hungarians— those ...
Hungary’s Central Bank Keeps Base Rate On Hold At 1.35%, As Expected
- 26 Aug 2015 9:00 AM
- business
Hungarian rate-setters on Tuesday kept the central bank’s key rate on hold at 1.35%, as expected. The decision was widely expected, after the rate-setters clearly signalled an end to an easing cycle at the previous monthly policy meeting. Central bank governor György Matolcsy said at the time that the earlier series of 15 basis point cuts carried out for five consecutive months would soon come to ...