1,079 result(s) for economic growth
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Schengen Disintegration “Threat To Hungary’s Foreign Trade”
- 25 Sep 2015 9:00 AM
- business
If the Schengen system breaks down due to the migration crisis Hungarian companies could suffer, the foreign minister told a business conference. Péter Szijjártó said temporary border closures are causing major problems due to an increase in shipping times for companies employing just-intime manufacturing. If the Schengen system breaks down completely, lorries will have to queue at borders and ...
Hungarian Government Regards Quota System As Grossly Mistaken
- 25 Sep 2015 9:00 AM
- current affairs
The Government will initiate a parliamentary debate on the quota system in order to acquaint itself with the views of the parliamentary parties on the matter before deciding whether to contest the EU quota decision before a court, János Lázár, the Minister heading the Prime Minister’s Office stated at his press conference “Governmentinfo 24 – What does the Government do and why?” held jointly ...
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
CBRE: High Vacancy Rates Could Persist In Budapest
- 4 Sep 2015 9:00 AM
- property
High vacancy rates are expected to persist in Budapest, as well as Amsterdam, Dublin, Madrid, Prague and Warsaw, global real estate advisor CBRE said in an announcement today. Rental growth, however, is still expected in these markets as empty stock becomes economically redundant due to outdated design or location issues, the announcement said.
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.
Retail Sales On Rise For 2+ Years In Hungary
- 4 Sep 2015 9:00 AM
- shopping
The volume of retail sales has been up for more than two years in Hungary and the volume growth registered in the month of July was the largest since the onset of the crisis, Minister of State for Economic Regulation Béla Glattfelder told public news channel M1, commenting on the latest data published by the Hungarian Central Statistical Office (KSH).
Old Röszke-Horgos Border-Crossing Station In Hungary Re-Opened
- 10 Aug 2015 9:00 AM
- current affairs
The old Röszke-Horgos border-crossing station has been re-opened. The two-by-two-lane border-crossing station on the No. 5 motorway is open to international passenger traffic, not including vehicles which are not allowed to use motorways, and coaches in August, every day between 7.00 a.m. and 7.00 p.m. Minister of Foreign Affairs and Trade Péter Szijjártó stressed at the inauguration ceremony ...
Govt Office Chief Presses For National Infrastructure Development Programme
- 1 Oct 2015 5:24 AM
- business
Government office chief János Lázár urged the launch of a national infrastructure development programme, speaking at a conference organised by Portfolio.hu. The development programme will be used to fund the roughly 100 Hungarian companies that do not count as small and medium-sized firms and are thus not eligible for EU funds.
Schengen Disintegration “Threat To Hungary’s Foreign Trade”
- 25 Sep 2015 9:00 AM
- business
If the Schengen system breaks down due to the migration crisis Hungarian companies could suffer, the foreign minister told a business conference. Péter Szijjártó said temporary border closures are causing major problems due to an increase in shipping times for companies employing just-intime manufacturing. If the Schengen system breaks down completely, lorries will have to queue at borders and ...
Hungarian Government Regards Quota System As Grossly Mistaken
- 25 Sep 2015 9:00 AM
- current affairs
The Government will initiate a parliamentary debate on the quota system in order to acquaint itself with the views of the parliamentary parties on the matter before deciding whether to contest the EU quota decision before a court, János Lázár, the Minister heading the Prime Minister’s Office stated at his press conference “Governmentinfo 24 – What does the Government do and why?” held jointly ...
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
CBRE: High Vacancy Rates Could Persist In Budapest
- 4 Sep 2015 9:00 AM
- property
High vacancy rates are expected to persist in Budapest, as well as Amsterdam, Dublin, Madrid, Prague and Warsaw, global real estate advisor CBRE said in an announcement today. Rental growth, however, is still expected in these markets as empty stock becomes economically redundant due to outdated design or location issues, the announcement said.
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.
Retail Sales On Rise For 2+ Years In Hungary
- 4 Sep 2015 9:00 AM
- shopping
The volume of retail sales has been up for more than two years in Hungary and the volume growth registered in the month of July was the largest since the onset of the crisis, Minister of State for Economic Regulation Béla Glattfelder told public news channel M1, commenting on the latest data published by the Hungarian Central Statistical Office (KSH).
Old Röszke-Horgos Border-Crossing Station In Hungary Re-Opened
- 10 Aug 2015 9:00 AM
- current affairs
The old Röszke-Horgos border-crossing station has been re-opened. The two-by-two-lane border-crossing station on the No. 5 motorway is open to international passenger traffic, not including vehicles which are not allowed to use motorways, and coaches in August, every day between 7.00 a.m. and 7.00 p.m. Minister of Foreign Affairs and Trade Péter Szijjártó stressed at the inauguration ceremony ...