1,079 result(s) for economic growth
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Consumption, Investments Drag On GDP
- 17 Mar 2010 2:00 AM
- shopping
"Hungary’s economy shrank by 4% year-on-year in the fourth quarter and 6.3% in 2009 as a whole, the biggest annual drop in GDP since 1990, according to the revised and detailed figures of the Central Statistical Office.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
When The EUR Falls, Hungary's Forint Tends To Underperform CE3 Peers
- 5 Mar 2010 2:00 AM
- business
"A better risk appetite environment should support the EUR/USD in the short term, but the cross looks to be heading lower from Q2 on, Crédit Agricole Corporate Investment Bank said on Thursday. It reminded that there have only been three other periods of EUR weakness, the last of which corresponded with the worst of the credit crisis.
Hungary's Socialists Almost "Fail" With Election Programme
- 1 Mar 2010 3:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) almost got an 'F’ on its election programme. The "teacher" in this case was a group of Hungarian economists who have recently launched an independent civilian initiative to see what the sometimes cloudy, boisterous, humbug or downright ridiculous promises of local political parties would actually do to the economy if they were fulfilled.
Xpat interview: Liam Crow, Former Financial Adviser, CGS
- 7 Aug 2008 12:00 PM
US-born Liam Crow grew up in NJ but spent most of his professional career as an option trader/market maker at the Chicago Board of Trade and Chicago Board Options Exchange in Chicago.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Consumption, Investments Drag On GDP
- 17 Mar 2010 2:00 AM
- shopping
"Hungary’s economy shrank by 4% year-on-year in the fourth quarter and 6.3% in 2009 as a whole, the biggest annual drop in GDP since 1990, according to the revised and detailed figures of the Central Statistical Office.
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
When The EUR Falls, Hungary's Forint Tends To Underperform CE3 Peers
- 5 Mar 2010 2:00 AM
- business
"A better risk appetite environment should support the EUR/USD in the short term, but the cross looks to be heading lower from Q2 on, Crédit Agricole Corporate Investment Bank said on Thursday. It reminded that there have only been three other periods of EUR weakness, the last of which corresponded with the worst of the credit crisis.
Hungary's Socialists Almost "Fail" With Election Programme
- 1 Mar 2010 3:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) almost got an 'F’ on its election programme. The "teacher" in this case was a group of Hungarian economists who have recently launched an independent civilian initiative to see what the sometimes cloudy, boisterous, humbug or downright ridiculous promises of local political parties would actually do to the economy if they were fulfilled.
Xpat interview: Liam Crow, Former Financial Adviser, CGS
- 7 Aug 2008 12:00 PM
US-born Liam Crow grew up in NJ but spent most of his professional career as an option trader/market maker at the Chicago Board of Trade and Chicago Board Options Exchange in Chicago.