1,079 result(s) for economic growth
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Hungary Wants Expansion To Remain Strategic EU Target
- 25 Jun 2014 9:00 AM
- current affairs
The further expansion of the European Union should remain a strategic target, state secretary for EU affairs Enikő Győri said after a meeting of EU ministers in Luxembourg. Győri said Hungary was among those member countries that want further EU expansion to be considered a strategic issue. Commenting on a decision to give candidate status to Albania, she said this demonstrated that expansion was ...
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Speaker Of Hungarian Parliament Kövér Envisages More Predictable Government
- 10 Jun 2014 5:00 AM
- current affairs
A “steadier and more predictable” government is to be expected in the next four years, alongside with a slower pace of legislation, László Kövér, the parliamentary speaker, told MTI. The current international economic environment and the pick-up in Hungary’s growth rate will underpin more predictable governmental operations, he said in the interview, adding he trusted that “external factors will ...
Hungary Submits Response To Brussels’ Recommendations
- 5 Jun 2014 9:00 AM
- current affairs
The government has responded to country-specific economic policy recommendations by the European Commission, rejecting EC criticism regarding the tax system and the government-initiated utilities price cuts, the National Economy Ministry said on Wednesday.
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
Xpat Opinion: Hungary Boasts Biggest GDP Growth In Eight Years
- 23 May 2014 9:00 AM
- business
In the first quarter of 2014, Hungary’s economy grew at the highest rate we have seen in eight years, 3.5 percent, drubbing analyst forecasts predicting 2.7 percent. Industrial output is at a three-year high.
No Need For New Special Taxes Due To FX Conversion In Hungary
- 4 Jul 2014 9:00 AM
- business
Despite the views of some analysts, the possible conversion of forex loans into forint denominated ones will not generate the need to introduce any new special taxes, Economy Minister Mihály Varga said in connection with a critical report published by the European Commission.
“No Talk” Of EDP Against Hungary, Says Varga
- 3 Jul 2014 9:00 AM
- current affairs
Economy Minister Mihály Varga said commenting on a critical report published by the European Commission that there was “absolutely no talk” about launching an excessive deficit procedure (EDP) against Hungary. In response to the EC’s criticism of the tax system, including sectoral taxes, Varga said: “Hungary has clearly stated that it has transformed its tax system, there is now a different ...
Hungary Wants Expansion To Remain Strategic EU Target
- 25 Jun 2014 9:00 AM
- current affairs
The further expansion of the European Union should remain a strategic target, state secretary for EU affairs Enikő Győri said after a meeting of EU ministers in Luxembourg. Győri said Hungary was among those member countries that want further EU expansion to be considered a strategic issue. Commenting on a decision to give candidate status to Albania, she said this demonstrated that expansion was ...
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (
Fitch Ratings Affirms Hungary At BB+, Outlook Stable
- 10 Jun 2014 9:00 AM
- business
Fitch Ratings on Friday affirmed Hungary’s long-term foreign currency rating at ‘BB+’ with stable outlook, and its local currency rating at ‘BBB ’. Fitch said Hungary’s gross general government debt, at 79.2% of GDP in 2013, was around twice the ‘BB’ and ‘BBB’ medians and remained “Hungary’s key rating weakness”.
Speaker Of Hungarian Parliament Kövér Envisages More Predictable Government
- 10 Jun 2014 5:00 AM
- current affairs
A “steadier and more predictable” government is to be expected in the next four years, alongside with a slower pace of legislation, László Kövér, the parliamentary speaker, told MTI. The current international economic environment and the pick-up in Hungary’s growth rate will underpin more predictable governmental operations, he said in the interview, adding he trusted that “external factors will ...
Hungary Submits Response To Brussels’ Recommendations
- 5 Jun 2014 9:00 AM
- current affairs
The government has responded to country-specific economic policy recommendations by the European Commission, rejecting EC criticism regarding the tax system and the government-initiated utilities price cuts, the National Economy Ministry said on Wednesday.
Roubini Sees Signs Of State Capitalism In Hungary
- 4 Jun 2014 9:00 AM
- current affairs
The Hungarian government’s policies show signs of state capitalism in certain areas, renowned economist Nouriel Roubini told a conference in Budapest on Tuesday. Roubini mentioned Hungary as an example of state capitalist tendencies in Central and Eastern Europe, where the role of the state increases to the detriment of market-oriented reforms.
Xpat Opinion: Hungary Boasts Biggest GDP Growth In Eight Years
- 23 May 2014 9:00 AM
- business
In the first quarter of 2014, Hungary’s economy grew at the highest rate we have seen in eight years, 3.5 percent, drubbing analyst forecasts predicting 2.7 percent. Industrial output is at a three-year high.