78 result(s) for convergence
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
Zsiráf Terrace Reopens At Eiffel Square
- 22 Jun 2017 12:40 PM
- entertainment
The Zsiráf (Giraffe) Terrace has just opened again in the park in front of the Eiffel Square Office Building, beside a pond with mini-waterfalls. This downtown outdoor venue offers a wide variety of summer events, including exhibitions, fine art fairs, Sunday markets, acoustic concerts and DJ performances.
National Bank Of Hungary Lowers Inflation Forecast To 2.4pc For 2017
- 22 Jun 2017 9:00 AM
- business
The National Bank of Hungary (NBH) lowered its inflation forecast for this year in a quarterly forecast released on Tuesday. The central bank lowered its CPI forecast for 2017 to 2.4 percent in its quarterly Inflation Report from 2.6 percent in the previous report published in March.
EC: Substantial Fiscal Effort Needed In 2018 For Hungary To Meet Requirements
- 23 May 2017 8:50 AM
- finance
The European Commission recommends that Hungary in 2017 and 2018 pursue its fiscal policy in line with the requirements of the preventive arm of the Stability and Growth Pact, which translates into a substantial fiscal effort for 2018, the EC said in its draft country-specific recommendation published on Monday.
EC Official: Hungary ‘Healthier Than EU Average’
- 28 Mar 2017 7:28 AM
- health & wellness
Hungary has a stable economy “belonging to the healthier half” of the EU member states, a country whose economic growth is primarily driven by consumption, István Székely, Director of the European Commission’s Directorate-General for Economic and Financial Affairs, said in parliament’s European affairs committee on Monday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Hungary CPI Negative 0.3% In July
- 10 Aug 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.3% in July on lower vehicle fuel and household energy prices, the Central Statistical Office said. Analysts had expected headline CPI to be around or slightly under zero because of low fuel prices and base effects.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Hungary Must Not Give Up Euro-Zone Aspirations, Says Varga
- 23 Jun 2017 8:40 AM
- business
Hungary’s economic policy cannot lose sight of its long-term goal to enable the country to eventually join the euro zone, the economy minister said on Thursday. Addressing a business lunch organised by the Joint Venture Alliance, Mihály Varga insisted at the same time that Hungary was in no rush to adopt the euro.
Zsiráf Terrace Reopens At Eiffel Square
- 22 Jun 2017 12:40 PM
- entertainment
The Zsiráf (Giraffe) Terrace has just opened again in the park in front of the Eiffel Square Office Building, beside a pond with mini-waterfalls. This downtown outdoor venue offers a wide variety of summer events, including exhibitions, fine art fairs, Sunday markets, acoustic concerts and DJ performances.
National Bank Of Hungary Lowers Inflation Forecast To 2.4pc For 2017
- 22 Jun 2017 9:00 AM
- business
The National Bank of Hungary (NBH) lowered its inflation forecast for this year in a quarterly forecast released on Tuesday. The central bank lowered its CPI forecast for 2017 to 2.4 percent in its quarterly Inflation Report from 2.6 percent in the previous report published in March.
EC: Substantial Fiscal Effort Needed In 2018 For Hungary To Meet Requirements
- 23 May 2017 8:50 AM
- finance
The European Commission recommends that Hungary in 2017 and 2018 pursue its fiscal policy in line with the requirements of the preventive arm of the Stability and Growth Pact, which translates into a substantial fiscal effort for 2018, the EC said in its draft country-specific recommendation published on Monday.
EC Official: Hungary ‘Healthier Than EU Average’
- 28 Mar 2017 7:28 AM
- health & wellness
Hungary has a stable economy “belonging to the healthier half” of the EU member states, a country whose economic growth is primarily driven by consumption, István Székely, Director of the European Commission’s Directorate-General for Economic and Financial Affairs, said in parliament’s European affairs committee on Monday.
Hungary’s Economy Minister Sees No Need For ‘Magic Tricks’ To Manage Debt
- 23 Dec 2016 8:04 AM
- business
A forint/euro exchange rate in the 310-315 range is slightly weaker than what the economy ministry had anticipated, but this does not affect the government’s debt reduction strategy, and there is no need for “magic tricks”, Economy Minister Mihály Varga told the Thursday edition of weekly Figyelő.
Hungary CPI Negative 0.3% In July
- 10 Aug 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.3% in July on lower vehicle fuel and household energy prices, the Central Statistical Office said. Analysts had expected headline CPI to be around or slightly under zero because of low fuel prices and base effects.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...