• 22 Nov 2024

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40 result(s) for competitiveness in Finance

High Savings Rate of Hungarian Households Well Over Average for Region

High Savings Rate of Hungarian Households Well Over Average for Region

  • 13 Nov 2024 7:18 AM
  • finance
Hungarian households' high savings rate and net financial assets, well over the average for the region, are a "growth reserve" for the national economy, if they can be channeled to corporate financing, Barnabas Virag, a deputy governor at the National Bank of Hungary (NBH), said at a conference organised by the Budapest Stock Exchange.
Will We See 'Fantastic' Results from New Economic Policy in Hungary?

Will We See 'Fantastic' Results from New Economic Policy in Hungary?

  • 25 Oct 2024 11:38 AM
  • finance
The government's new economic action plan could produce "fantastic results" in 2025, if Hungary follows through with its policy of economic neutrality, Prime Minister Viktor Orban said in a weekly interview with public radio on Friday.
Hungary Advances to 7th in International Tax Competitiveness Ranking

Hungary Advances to 7th in International Tax Competitiveness Ranking

  • 23 Oct 2024 1:53 PM
  • finance
Hungary has advanced to 7th from 11th place in the latest annual ranking by the Tax Foundation of OECD countries' tax competitiveness, Finance Minister Mihaly Varga said in a post on social media.
Official “Good News”: Economy in Hungary Could Grow by Over 2% This Year, 3.5% in 2025

Official “Good News”: Economy in Hungary Could Grow by Over 2% This Year, 3.5% in 2025

Hungary’s economy could grow by 1.8-2.2% this year and 3.5% could be achieved “by all means” next year, the finance minister said.
Banks in Hungary Deny Enhancing Profits During Wartime

Banks in Hungary Deny Enhancing Profits During Wartime

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures “in a disciplined and cooperative manner”.
IMF Says Hungary's Economy to Return To Growth This Year

IMF Says Hungary's Economy to Return To Growth This Year

The International Monetary Fund (IMF) forecasts the Hungarian economy returning to growth this year and taking its place in the vanguard of the EU’s growth performers next year, Mihály Varga, the finance minister, said on Tuesday, adding that the IMF prognosis echoes that of the latest European Commission projection.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Agreement on Frozen EU Funds for Hungary Expected Before End of November

Agreement on Frozen EU Funds for Hungary Expected Before End of November

Tibor Navracsics, the regional development minister, told a conference on Tuesday that he trusted the government, before the end of next month, would be able to reach a definite agreement with the European Commission to unfreeze Hungary’s funds.
'Largest Bank in World' the Industrial & Commercial Bank Of China Aims to Open Branch in Hungary

'Largest Bank in World' the Industrial & Commercial Bank Of China Aims to Open Branch in Hungary

Prime Minister Viktor Orbán met Chen Siqing, head of the board of directors of the Industrial and Commercial Bank of China, the largest bank in the world, for talks in Beijing.
High Savings Rate of Hungarian Households Well Over Average for Region

High Savings Rate of Hungarian Households Well Over Average for Region

  • 13 Nov 2024 7:18 AM
  • finance
Hungarian households' high savings rate and net financial assets, well over the average for the region, are a "growth reserve" for the national economy, if they can be channeled to corporate financing, Barnabas Virag, a deputy governor at the National Bank of Hungary (NBH), said at a conference organised by the Budapest Stock Exchange.
Will We See 'Fantastic' Results from New Economic Policy in Hungary?

Will We See 'Fantastic' Results from New Economic Policy in Hungary?

  • 25 Oct 2024 11:38 AM
  • finance
The government's new economic action plan could produce "fantastic results" in 2025, if Hungary follows through with its policy of economic neutrality, Prime Minister Viktor Orban said in a weekly interview with public radio on Friday.
Hungary Advances to 7th in International Tax Competitiveness Ranking

Hungary Advances to 7th in International Tax Competitiveness Ranking

  • 23 Oct 2024 1:53 PM
  • finance
Hungary has advanced to 7th from 11th place in the latest annual ranking by the Tax Foundation of OECD countries' tax competitiveness, Finance Minister Mihaly Varga said in a post on social media.
Official “Good News”: Economy in Hungary Could Grow by Over 2% This Year, 3.5% in 2025

Official “Good News”: Economy in Hungary Could Grow by Over 2% This Year, 3.5% in 2025

Hungary’s economy could grow by 1.8-2.2% this year and 3.5% could be achieved “by all means” next year, the finance minister said.
Banks in Hungary Deny Enhancing Profits During Wartime

Banks in Hungary Deny Enhancing Profits During Wartime

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures “in a disciplined and cooperative manner”.
IMF Says Hungary's Economy to Return To Growth This Year

IMF Says Hungary's Economy to Return To Growth This Year

The International Monetary Fund (IMF) forecasts the Hungarian economy returning to growth this year and taking its place in the vanguard of the EU’s growth performers next year, Mihály Varga, the finance minister, said on Tuesday, adding that the IMF prognosis echoes that of the latest European Commission projection.
Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Official: Economy in Hungary Expected to Grow by Only 2-3% This Year - Strategy Revealed

Márton Nagy, the national economy minister, has said the government expects the economy to grow by2-3% this year.
Agreement on Frozen EU Funds for Hungary Expected Before End of November

Agreement on Frozen EU Funds for Hungary Expected Before End of November

Tibor Navracsics, the regional development minister, told a conference on Tuesday that he trusted the government, before the end of next month, would be able to reach a definite agreement with the European Commission to unfreeze Hungary’s funds.
'Largest Bank in World' the Industrial & Commercial Bank Of China Aims to Open Branch in Hungary

'Largest Bank in World' the Industrial & Commercial Bank Of China Aims to Open Branch in Hungary

Prime Minister Viktor Orbán met Chen Siqing, head of the board of directors of the Industrial and Commercial Bank of China, the largest bank in the world, for talks in Beijing.