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55 result(s) for economic recovery in Finance

GDP Falls in Hungary - Reasons for Weak Economic Performance Explained

GDP Falls in Hungary - Reasons for Weak Economic Performance Explained

  • 1 Nov 2024 8:15 AM
  • finance
Hungary's GDP contracted 0.7pc year-on-year in the third quarter, adjusted for seasonal and calendar year effects, a first reading of data released by the Central Statistics Office (KSH) on Wednesday shows.
Subdued Outlook: New Interest Rate Cut by National Bank in Hungary

Subdued Outlook: New Interest Rate Cut by National Bank in Hungary

  • 25 Sep 2024 5:46 AM
  • finance
The Monetary Council of the National Bank of Hungary (NBH) decided to cut the central bank base rate by 25bp to 6.50pc at a monthly policy meeting.
Base Rate Cut Again by Central Bank in Hungary

Base Rate Cut Again by Central Bank in Hungary

Hungarian central bank policymakers cut the base rate by 25 basis points to 7.00% at a scheduled meeting of the Monetary Council.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
Another HUF 170 billion in EU Funding Received by Hungary

Another HUF 170 billion in EU Funding Received by Hungary

Hungary has received another 170 billion forints (EUR 445m) in European Union funding, Finance Minister Mihály Varga said on Facebook on Tuesday.
Analysis: GDP Contracts by 2.4% in Hungary

Analysis: GDP Contracts by 2.4% in Hungary

Hungary’s economy contracted by an annual 2.4% in the second quarter, a first reading of data released by the Central Statistical Office (KSH) shows.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.
Hungary's FinMin Criticises EC’s Approach to Erasmus Program, & US Inflation Reduction Act

Hungary's FinMin Criticises EC’s Approach to Erasmus Program, & US Inflation Reduction Act

Should negotiations with the Economic Commission fail, Hungary will bear the costs of the Erasmus student grant programme, Finance Minister Mihály Varga said on Tuesday in Brussels.
GDP Falls in Hungary - Reasons for Weak Economic Performance Explained

GDP Falls in Hungary - Reasons for Weak Economic Performance Explained

  • 1 Nov 2024 8:15 AM
  • finance
Hungary's GDP contracted 0.7pc year-on-year in the third quarter, adjusted for seasonal and calendar year effects, a first reading of data released by the Central Statistics Office (KSH) on Wednesday shows.
Subdued Outlook: New Interest Rate Cut by National Bank in Hungary

Subdued Outlook: New Interest Rate Cut by National Bank in Hungary

  • 25 Sep 2024 5:46 AM
  • finance
The Monetary Council of the National Bank of Hungary (NBH) decided to cut the central bank base rate by 25bp to 6.50pc at a monthly policy meeting.
Base Rate Cut Again by Central Bank in Hungary

Base Rate Cut Again by Central Bank in Hungary

Hungarian central bank policymakers cut the base rate by 25 basis points to 7.00% at a scheduled meeting of the Monetary Council.
EC to Withhold Euro 20 Billion from Hungary - Until it

EC to Withhold Euro 20 Billion from Hungary - Until it "Fulfils All Requirements"

While Hungary has fulfilled requirements on judicial reform, the EU will continue to withhold some 20 billion euros of cohesion funds until other concerns are addressed, Ursula von der Leyen, the European Commission president said.
Another HUF 170 billion in EU Funding Received by Hungary

Another HUF 170 billion in EU Funding Received by Hungary

Hungary has received another 170 billion forints (EUR 445m) in European Union funding, Finance Minister Mihály Varga said on Facebook on Tuesday.
Analysis: GDP Contracts by 2.4% in Hungary

Analysis: GDP Contracts by 2.4% in Hungary

Hungary’s economy contracted by an annual 2.4% in the second quarter, a first reading of data released by the Central Statistical Office (KSH) shows.
Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Projects Hungary’s Inflation Will Fall to 8-10% by End-2023

Fitch Ratings has affirmed Hungary’s ‘BBB’ sovereign rating with a negative outlook. “Hungary’s ratings are supported by strong structural indicators relative to ‘BBB’ peers, a record of economic growth fuelled by investments and solid net FDI inflows,” Fitch said in a scheduled review.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.
Hungary's FinMin Criticises EC’s Approach to Erasmus Program, & US Inflation Reduction Act

Hungary's FinMin Criticises EC’s Approach to Erasmus Program, & US Inflation Reduction Act

Should negotiations with the Economic Commission fail, Hungary will bear the costs of the Erasmus student grant programme, Finance Minister Mihály Varga said on Tuesday in Brussels.