286 result(s) for economist
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
Budapest Brain Bar 2016, 2 - 4 June
- 2 Jun 2016 12:40 PM
- tech
Brain Bar Budapest is where the challengers and trendsetters from across Europe and beyond give us a glimpse of what’s to come. Brain Bar kicks off where other festivals throw in the towel, say the organisers. They take the hottest potatoes and toss them into the interdisciplinary oven with extra paprika, apparently, letting ideas and visions challenge each other. Philosophers take on disrupters. ...
Hungary’s Q1 2016 GDP Growth Falls Far Short Of Projections
- 24 May 2016 9:00 AM
- business
Hungary’s GDP growth in the first quarter slowed to .09 percent, or roughly half what some analysts had predicted, according to online daily vg.hu. Compared to the same period in 2015, GDP growth has decreased by .8 percentage points.
Socialist Leader Calls On Áder To Take A Stand On CBank Spending
- 20 May 2016 9:00 AM
- current affairs
Socialist party leader József Tóbiás has called on President János Áder to make a statement regarding questions raised over central bank spending. Speaking at a press conference in front of the presidential Sándor Palace on Friday, Tóbiás said central bank governor György Matolcsy and the central bank’s foundations “endanger Hungary’s financial stability and weaken the forint”.
Gyurcsány Wins Legal Case Against PM Orbán
- 2 May 2016 9:00 AM
- current affairs
Altus Zrt., Ferenc Gyurcsány's company, sued Viktor Orbán because in May 2015 Orbán claimed that Altus is a bogus company created for the sole purpose of generating revenue from the European Union to finance Gyurcsány's party, the Democratic Coalition - Hungarian Spectrum reported. Orbán has to openly express his regret for ever having made such a statement.
Xpat Opinion: The Balance Of Two Years In Government
- 11 Apr 2016 9:00 AM
- current affairs
A liberal analyst thinks Hungary has deviated from its strategic goal of catching up with the most advanced countries, while a pro-government pundit sees the past two years as a succession of positive developments in the economy.
In Élet és Irodalom, economist Éva Várhegyi claims that despite the transfer of substantial EU funds to Hungary every year, the distance in terms of per capita GDP ...
Xpat Opinion: Hungary’s PMO Grants Itself Unsupervised Access To Cookie Jar
- 31 Mar 2016 9:00 AM
- current affairs
The Hungarian parliament voted today to strip itself of the right to approve interim changes to the budget. Fidesz MPs successfully passed a controversial bill that modifies the budget law to allow the government to unilaterally decide how to spend state funds, reports Hungarian business news site portfolio.hu. The proposal was submitted one month ago by Minister Overseeing the Office of the ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
MNBʼs Foundations Said To Invest In Real Estate
- 17 Jun 2016 8:00 AM
- property
The National Bank of Hungary’s (MNB) controversial Pallas Athéné foundations (PADA) moved some of their endowment from government securities and bank deposits into real estate, according to the head of the investment company that manages the assets of the foundations, Hungarian news agency MTI reported.
Budapest Brain Bar 2016, 2 - 4 June
- 2 Jun 2016 12:40 PM
- tech
Brain Bar Budapest is where the challengers and trendsetters from across Europe and beyond give us a glimpse of what’s to come. Brain Bar kicks off where other festivals throw in the towel, say the organisers. They take the hottest potatoes and toss them into the interdisciplinary oven with extra paprika, apparently, letting ideas and visions challenge each other. Philosophers take on disrupters. ...
Hungary’s Q1 2016 GDP Growth Falls Far Short Of Projections
- 24 May 2016 9:00 AM
- business
Hungary’s GDP growth in the first quarter slowed to .09 percent, or roughly half what some analysts had predicted, according to online daily vg.hu. Compared to the same period in 2015, GDP growth has decreased by .8 percentage points.
Socialist Leader Calls On Áder To Take A Stand On CBank Spending
- 20 May 2016 9:00 AM
- current affairs
Socialist party leader József Tóbiás has called on President János Áder to make a statement regarding questions raised over central bank spending. Speaking at a press conference in front of the presidential Sándor Palace on Friday, Tóbiás said central bank governor György Matolcsy and the central bank’s foundations “endanger Hungary’s financial stability and weaken the forint”.
Gyurcsány Wins Legal Case Against PM Orbán
- 2 May 2016 9:00 AM
- current affairs
Altus Zrt., Ferenc Gyurcsány's company, sued Viktor Orbán because in May 2015 Orbán claimed that Altus is a bogus company created for the sole purpose of generating revenue from the European Union to finance Gyurcsány's party, the Democratic Coalition - Hungarian Spectrum reported. Orbán has to openly express his regret for ever having made such a statement.
Xpat Opinion: The Balance Of Two Years In Government
- 11 Apr 2016 9:00 AM
- current affairs
A liberal analyst thinks Hungary has deviated from its strategic goal of catching up with the most advanced countries, while a pro-government pundit sees the past two years as a succession of positive developments in the economy.
In Élet és Irodalom, economist Éva Várhegyi claims that despite the transfer of substantial EU funds to Hungary every year, the distance in terms of per capita GDP ...
Xpat Opinion: Hungary’s PMO Grants Itself Unsupervised Access To Cookie Jar
- 31 Mar 2016 9:00 AM
- current affairs
The Hungarian parliament voted today to strip itself of the right to approve interim changes to the budget. Fidesz MPs successfully passed a controversial bill that modifies the budget law to allow the government to unilaterally decide how to spend state funds, reports Hungarian business news site portfolio.hu. The proposal was submitted one month ago by Minister Overseeing the Office of the ...
NBH Deputy Governor: Bank To Continue Easing Cycle
- 24 Mar 2016 8:00 AM
- business
Hungary’s central bank (NBH) will cut the base rate until it reaches a rate that is consistent with its inflation target, NBH deputy governor Márton Nagy told journalists. The bank wants to keep rate the key rate low for a sustained period, he said. The NBH’s inflation target is 3% in a +/-1 percentage-point tolerance band.
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.