1,079 result(s) for economic growth
Szijjártó: Hungary Opened Up To South At Right Time
- 2 Nov 2015 4:00 AM
- current affairs
With its strategy of opening up its trade to the southern hemisphere, Hungary has entered the global competition for pole position in economic ties with Africa, the minister of foreign affairs and trade told a conference. Addressing the 2nd Budapest Africa Forum, the minister said that Hungary had opted for a new direction in foreign policymaking, and while this has whipped up a storm of debates, ...
Hungarian Economy Minister: CEE Potential Growth Engine In EU
- 2 Nov 2015 4:00 AM
- business
Central Europe could be the growth engine of the European Union in its connection with Germany, Hungary’s economy minister told a conference. Addressing the Osteuropaverein der deutschen Wirtschaft, the German foreign trade association, Mihály Varga noted that Hungary had reached the end of a period of economic consolidation and its performance at the start of 2015 was now at the same level as ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
Hungary Jumps More Than 10 Places In World Bank Ranking
- 29 Oct 2015 8:00 AM
- business
Hungary moved up by more than ten places to 42nd out of 189 countries in the World Bank’s 2016 Doing Business ranking, the economy ministry said on Wednesday. The World Bank introduced a number of changes to the methodology used to compile the report, which allowed Hungary to improve to 42nd from its 2015 ranking of 54th place.
Szijjártó Hungary Diversifying Trade Relations
- 16 Oct 2015 9:00 AM
- business
Hungary is diversifying its trade relations to the south and east to ensure it is among the winners in the new world order taking shape, Foreign Minister Péter Szijjártó said. This world order is emerging in the wake of global challenges and regional economic integration, the minister said at the opening of the second Hungary-Latin America Forum in Budapest. At the start of this year, Hungary ...
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Lázár Calls For Action Plan To Deal With VW Diesel Scandal Fallout
- 2 Oct 2015 9:00 AM
- current affairs
It is incumbent on the government to draw up an action plan to strengthen the economy in the wake of the VW diesel scandal, government office chief János Lázár told a government press briefing. Cooperation is needed with the Audi plant in Győr, in western Hungary, he said, adding that lay-offs were not expected but the company group’s contribution to Hungary’s economic growth could be expected to ...
Szijjártó: Hungary Opened Up To South At Right Time
- 2 Nov 2015 4:00 AM
- current affairs
With its strategy of opening up its trade to the southern hemisphere, Hungary has entered the global competition for pole position in economic ties with Africa, the minister of foreign affairs and trade told a conference. Addressing the 2nd Budapest Africa Forum, the minister said that Hungary had opted for a new direction in foreign policymaking, and while this has whipped up a storm of debates, ...
Hungarian Economy Minister: CEE Potential Growth Engine In EU
- 2 Nov 2015 4:00 AM
- business
Central Europe could be the growth engine of the European Union in its connection with Germany, Hungary’s economy minister told a conference. Addressing the Osteuropaverein der deutschen Wirtschaft, the German foreign trade association, Mihály Varga noted that Hungary had reached the end of a period of economic consolidation and its performance at the start of 2015 was now at the same level as ...
Video: US Ambassador To Hungary's “We Will Build a Stronger Bridge” Speech
- 31 Oct 2015 8:01 AM
- current affairs
US Ambassador Colleen Bell recently made numerous positive public remarks about Hungary, and also spoke of her country’s concerns - about corruption, a decline of freedom of the press, and xenophobic characterisations of refugees – during her speech on Wednesday 28 October at the Corvinus University in Budapest.
She said Hungary was not a place where journalists were jailed or tortured, ...
She said Hungary was not a place where journalists were jailed or tortured, ...
Hungary Jumps More Than 10 Places In World Bank Ranking
- 29 Oct 2015 8:00 AM
- business
Hungary moved up by more than ten places to 42nd out of 189 countries in the World Bank’s 2016 Doing Business ranking, the economy ministry said on Wednesday. The World Bank introduced a number of changes to the methodology used to compile the report, which allowed Hungary to improve to 42nd from its 2015 ranking of 54th place.
Szijjártó Hungary Diversifying Trade Relations
- 16 Oct 2015 9:00 AM
- business
Hungary is diversifying its trade relations to the south and east to ensure it is among the winners in the new world order taking shape, Foreign Minister Péter Szijjártó said. This world order is emerging in the wake of global challenges and regional economic integration, the minister said at the opening of the second Hungary-Latin America Forum in Budapest. At the start of this year, Hungary ...
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Lázár Calls For Action Plan To Deal With VW Diesel Scandal Fallout
- 2 Oct 2015 9:00 AM
- current affairs
It is incumbent on the government to draw up an action plan to strengthen the economy in the wake of the VW diesel scandal, government office chief János Lázár told a government press briefing. Cooperation is needed with the Audi plant in Győr, in western Hungary, he said, adding that lay-offs were not expected but the company group’s contribution to Hungary’s economic growth could be expected to ...