162 result(s) for decline in Business
Employment Data Continued To Improve In Hungary
- 27 Oct 2017 8:50 AM
- business
Thanks to favourable economic trends and supportive Government measures, the number of people in employment has hit a new record high of 4 million 451 thousand, Minister for National Economy Mihály Varga said, commenting on data released by the Hungarian Central Statistical Office (KSH). Since the Government came to office in 2010, 741 thousand more people have landed a job, of which 560 thousand ...
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Hungary’s Foreign Minister Holds Talks With Russian Trade Minister
- 26 Jul 2017 10:00 AM
- business
Hungarian-Russian economic ties are set to gain new momentum after bilateral trade grew by 30 percent in the first four months of the year, the foreign ministry said after Péter Szijjártó, Hungary’s foreign affairs and trade minister, held talks with Russian Industry and Trade Minister Denis Manturov on Tuesday.
Automotive Sector Lifts Hungary’s Industrial Output In May
- 13 Jul 2017 9:00 AM
- business
Output of Hungary’s automotive sector, a key driver of industry in the country, rose by an annual 10.7 percent in May, a second reading of data for the month released by the Central Statistical Office (KSH) on Wednesday shows.
Fitch Affirms Hungary ‘BBB-’ Rating; Outlook Stays At ‘Stable’
- 15 May 2017 9:19 AM
- business
Ratings agency Fitch affirmed Hungary’s sovereign rating at ‘BBB- ’, just over the investment grade threshold, in a scheduled review on Friday. The outlook for the rating is ‘stable’.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Russia For New Largescale Projects With Hungary
- 3 Feb 2017 8:00 AM
- business
A way to reverse a decline in Russian-Hungarian trade would be to implement new large-scale investment projects, the Russian health minister told business daily Világgazdaság ahead of a visit by the Russian president. Veronika Skvortsova noted cooperation developing between Russia and Hungary in the vehicle manufacturing and energy industries.
Employment Data Continued To Improve In Hungary
- 27 Oct 2017 8:50 AM
- business
Thanks to favourable economic trends and supportive Government measures, the number of people in employment has hit a new record high of 4 million 451 thousand, Minister for National Economy Mihály Varga said, commenting on data released by the Hungarian Central Statistical Office (KSH). Since the Government came to office in 2010, 741 thousand more people have landed a job, of which 560 thousand ...
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Hungary’s Foreign Minister Holds Talks With Russian Trade Minister
- 26 Jul 2017 10:00 AM
- business
Hungarian-Russian economic ties are set to gain new momentum after bilateral trade grew by 30 percent in the first four months of the year, the foreign ministry said after Péter Szijjártó, Hungary’s foreign affairs and trade minister, held talks with Russian Industry and Trade Minister Denis Manturov on Tuesday.
Automotive Sector Lifts Hungary’s Industrial Output In May
- 13 Jul 2017 9:00 AM
- business
Output of Hungary’s automotive sector, a key driver of industry in the country, rose by an annual 10.7 percent in May, a second reading of data for the month released by the Central Statistical Office (KSH) on Wednesday shows.
Fitch Affirms Hungary ‘BBB-’ Rating; Outlook Stays At ‘Stable’
- 15 May 2017 9:19 AM
- business
Ratings agency Fitch affirmed Hungary’s sovereign rating at ‘BBB- ’, just over the investment grade threshold, in a scheduled review on Friday. The outlook for the rating is ‘stable’.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Russia For New Largescale Projects With Hungary
- 3 Feb 2017 8:00 AM
- business
A way to reverse a decline in Russian-Hungarian trade would be to implement new large-scale investment projects, the Russian health minister told business daily Világgazdaság ahead of a visit by the Russian president. Veronika Skvortsova noted cooperation developing between Russia and Hungary in the vehicle manufacturing and energy industries.