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39 result(s) for economic recession in Business

Wait-and-See’: Why Businesses in Hungary are Freezing Investments

Wait-and-See’: Why Businesses in Hungary are Freezing Investments

Hungarian businesses are currently in a “wait-and-see” mode, with many companies holding back on investments due to uncertainty about the economic and political outlook, startup investor and STRT Holding chairman Balogh Petya told Della podcast, 24 writes.
EU’s Average Jobless Rate About 1.5 Times Higher Than Hungary

EU’s Average Jobless Rate About 1.5 Times Higher Than Hungary

Hungary’s jobless rate was 4% in February, up from 3.9% in the previous month, the Central Statistical Office (KSH) said.
Hungary Attracted Record Investments

Hungary Attracted Record Investments

Foreign direct investment in Hungary reached a record 6 billion euros or 2,600 billion forints in 2022, Péter Szijjártó, the minister of foreign affairs and trade said.
Apparently 'More Than Originally Announced' about BMW's Plant in Hungary

Apparently 'More Than Originally Announced' about BMW's Plant in Hungary

A new announcement can be expected next week in connection with the BMW plant being built in Debrecen, in eastern Hungary, the minister of foreign affairs and trade said in Munich on Friday, adding that the project would be “about more than what was originally planned”.
Record Bilateral Trade Between Hungary & South Korea Hits 5 Billion US Dollars

Record Bilateral Trade Between Hungary & South Korea Hits 5 Billion US Dollars

Hungary and South Korea have agreed to sign an investment promotion and trade development agreement, Péter Szijjártó, the minister of foreign affairs and trade, said.
Hungary Economy ‘Holds No Surprises’, Says Orbán

Hungary Economy ‘Holds No Surprises’, Says Orbán

Prime Minister Viktor Orbán, addressing a forum on Hungarian-German economic ties in Berlin, said Hungary’s economy held no surprises and the government had its medium and long-term plans mapped out for each sector.
Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó

Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó

Output of Hungary’s automotive industry rose by 13% to 6,600 billion forints (EUR 16.2bn) in the first seven months of the year, the minister of foreign affairs and trade said, adding that there was a “realistic chance” that the sector’s output could reach 10,000 billion forints “in spite of the recession environment”.
Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in Hungary, allowing for an estimated 7% GDP growth this year, Finance Minister Mihály Varga said.
HUF 10 Million Interest-Free Loan To Help Most Vulnerable Businesses In Hungary

HUF 10 Million Interest-Free Loan To Help Most Vulnerable Businesses In Hungary

The government’s action plan for reopening the economy includes 10 million forint (EUR 28,000), interest-free loans offered to SMEs in the most vulnerable sectors, with repayments deferred by three years in order to allow time for the sector to recover, Finance Minister Mihály Varga said.
Wait-and-See’: Why Businesses in Hungary are Freezing Investments

Wait-and-See’: Why Businesses in Hungary are Freezing Investments

Hungarian businesses are currently in a “wait-and-see” mode, with many companies holding back on investments due to uncertainty about the economic and political outlook, startup investor and STRT Holding chairman Balogh Petya told Della podcast, 24 writes.
EU’s Average Jobless Rate About 1.5 Times Higher Than Hungary

EU’s Average Jobless Rate About 1.5 Times Higher Than Hungary

Hungary’s jobless rate was 4% in February, up from 3.9% in the previous month, the Central Statistical Office (KSH) said.
Hungary Attracted Record Investments

Hungary Attracted Record Investments

Foreign direct investment in Hungary reached a record 6 billion euros or 2,600 billion forints in 2022, Péter Szijjártó, the minister of foreign affairs and trade said.
Apparently 'More Than Originally Announced' about BMW's Plant in Hungary

Apparently 'More Than Originally Announced' about BMW's Plant in Hungary

A new announcement can be expected next week in connection with the BMW plant being built in Debrecen, in eastern Hungary, the minister of foreign affairs and trade said in Munich on Friday, adding that the project would be “about more than what was originally planned”.
Record Bilateral Trade Between Hungary & South Korea Hits 5 Billion US Dollars

Record Bilateral Trade Between Hungary & South Korea Hits 5 Billion US Dollars

Hungary and South Korea have agreed to sign an investment promotion and trade development agreement, Péter Szijjártó, the minister of foreign affairs and trade, said.
Hungary Economy ‘Holds No Surprises’, Says Orbán

Hungary Economy ‘Holds No Surprises’, Says Orbán

Prime Minister Viktor Orbán, addressing a forum on Hungarian-German economic ties in Berlin, said Hungary’s economy held no surprises and the government had its medium and long-term plans mapped out for each sector.
Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó

Car Industry Output in Hungary Up 13% in First Seven Months Of 2022, According to Szijjártó

Output of Hungary’s automotive industry rose by 13% to 6,600 billion forints (EUR 16.2bn) in the first seven months of the year, the minister of foreign affairs and trade said, adding that there was a “realistic chance” that the sector’s output could reach 10,000 billion forints “in spite of the recession environment”.
Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Fourth Covid Wave Won’t Hurt Economy, Says Finance Minister Varga

Thanks to the high inoculation rate, the fourth wave of the coronavirus pandemic is expected to be relatively weak in Hungary, allowing for an estimated 7% GDP growth this year, Finance Minister Mihály Varga said.
HUF 10 Million Interest-Free Loan To Help Most Vulnerable Businesses In Hungary

HUF 10 Million Interest-Free Loan To Help Most Vulnerable Businesses In Hungary

The government’s action plan for reopening the economy includes 10 million forint (EUR 28,000), interest-free loans offered to SMEs in the most vulnerable sectors, with repayments deferred by three years in order to allow time for the sector to recover, Finance Minister Mihály Varga said.