53 result(s) for economic recovery in Business
Unveiling Of A 20.6 Million Euros Investment In Hungary By Japan’s SIIX Corporation
- 18 Nov 2016 8:00 AM
- business
From Jan. 1, Hungary’s state investment-promotion system will be overhauled so that budget support for investments is funnelled to companies not only on the basis of how many jobs they create but also taking into account their technological standards and value-added, the foreign affairs and trade minister said.
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
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, ...
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
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”.
Hungary’s Annual GDP Growth Likely Well Above 2%, Says City
- 11 Feb 2014 8:00 AM
- business
Hungary’s annual economic growth is likely to have accelerated to well above 2% in the last quarter of 2013, although it may have slowed in quarter-onquarter terms on the back of an apparently softening industrial output towards the end of last year, Londonbased emerging markets analysts said ahead of the preliminary GDP data, due to be released on Friday.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Xpat Opinion: Hungary’s Economic Sentiment Indicator: Highest In Europe
- 16 Jan 2014 8:00 AM
- business
Last Thursday, the European Commission’s Economic and Financial Affairs Directorate General released the December 2013 data for the EU’s Economic Sentiment Indicator. The Economic Sentiment Indicator, or ESI, is “a composite indicator made up of five sectoral confidence indicators” reflecting the level of confidence and optimism in each sector of the economy.
Unveiling Of A 20.6 Million Euros Investment In Hungary By Japan’s SIIX Corporation
- 18 Nov 2016 8:00 AM
- business
From Jan. 1, Hungary’s state investment-promotion system will be overhauled so that budget support for investments is funnelled to companies not only on the basis of how many jobs they create but also taking into account their technological standards and value-added, the foreign affairs and trade minister said.
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
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, ...
House Speaker: Hungary’s Economic Recovery Harms Certain Foreign Interests
- 19 May 2015 9:00 AM
- business
Hungary’s interest representation capability in many respects is worse than at any time in the past 25 years because it chose a road to economic recovery which has harmed foreign interests, Speaker of Parliament László Kövér told public radio. In an interview to Kossuth Radio, Kövér said the first Fidesz government in the period 1998-2002 was able to represent the country’s interests with the ...
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”.
Hungary’s Annual GDP Growth Likely Well Above 2%, Says City
- 11 Feb 2014 8:00 AM
- business
Hungary’s annual economic growth is likely to have accelerated to well above 2% in the last quarter of 2013, although it may have slowed in quarter-onquarter terms on the back of an apparently softening industrial output towards the end of last year, Londonbased emerging markets analysts said ahead of the preliminary GDP data, due to be released on Friday.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Xpat Opinion: Hungary’s Economic Sentiment Indicator: Highest In Europe
- 16 Jan 2014 8:00 AM
- business
Last Thursday, the European Commission’s Economic and Financial Affairs Directorate General released the December 2013 data for the EU’s Economic Sentiment Indicator. The Economic Sentiment Indicator, or ESI, is “a composite indicator made up of five sectoral confidence indicators” reflecting the level of confidence and optimism in each sector of the economy.