3,147 result(s) for economy
Péter Szijjártó Reopens Hungarian Consulate General in Chicago
- 5 Oct 2015 11:00 AM
- current affairs
On Thursday, Minister of Foreign Affairs and Trade Péter Szijjártó reopened the Hungarian Consulate General in Chicago, which was closed in 2009. The Minister said that the Consulate General plays a key role with regard to both the economy and national policy because a Hungarian community of 35-40 thousand people lives in the American Midwest, in and around Chicago. Moreover, there are many ...
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Xpat Opinion: Hungary’s PM Orbán As A European Power Player?
- 5 Oct 2015 9:00 AM
- current affairs
A moderate and a pro-government analyst think that PM Orbán has become an important reference point in European politics due to the migration crisis. A left-wing columnist thinks that PM Orbán has only earned an evil reputation and he is seen as a symbol of inhumane anti-immigrant policies.
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...
Lázár Calls For Action Plan To Deal With VW Diesel Scandal Fallout
- 2 Oct 2015 9:00 AM
- current affairs
It is incumbent on the government to draw up an action plan to strengthen the economy in the wake of the VW diesel scandal, government office chief János Lázár told a government press briefing. Cooperation is needed with the Audi plant in Győr, in western Hungary, he said, adding that lay-offs were not expected but the company group’s contribution to Hungary’s economic growth could be expected to ...
Xpat Opinion: Hungary’s Economy Minister’s Response To VW Scandal
- 1 Oct 2015 9:00 AM
- business
A conservative pundit welcomes the government’s plan to facilitate diversification in the industrial sector in order to make the country less dependent on car manufacturing.
Funding For Economic Development Programme In Hungary Up HUF 74 bn
- 1 Oct 2015 9:00 AM
- business
The government has raised this year’s allocation for the Economic Development and Innovation Operative Programme, a national framework for awarding European Union funding, by 74 billion forints to 902 billion (EUR 2.9bn), an official of the economy ministry official told a conference.
Poll Shows Fidesz Gains Popularity Over Summer
- 1 Oct 2015 5:00 AM
- current affairs
The ruling Fidesz party has increased its support over the summer, gaining four points to finish on 32% from May to September, a poll by Medián showed. The percentage of respondents who rejected Fidesz fell from 45 to 40% in the same period, the poll published on Medián’s website said. At the same time support for the radical nationalist Jobbik party fell from 16% in May to 13% in September, so ...
EU Funding Helped Refurbish Historic City Centre Of Eger
- 30 Sep 2015 9:00 AM
- getting around
The refurbishment of the Dobó Square in Eger, completed through EU funding of some HUF 4bn, is a good example of the Government’s productive efforts and a major milestone in the everyday life and history of the city, the seat of the archbishop of the Roman Catholic Archdiocese of Eger, Minister of State for the Utilization of EU Funding Balázs Rákossy said at the opening ceremony of the renewed ...
Péter Szijjártó Reopens Hungarian Consulate General in Chicago
- 5 Oct 2015 11:00 AM
- current affairs
On Thursday, Minister of Foreign Affairs and Trade Péter Szijjártó reopened the Hungarian Consulate General in Chicago, which was closed in 2009. The Minister said that the Consulate General plays a key role with regard to both the economy and national policy because a Hungarian community of 35-40 thousand people lives in the American Midwest, in and around Chicago. Moreover, there are many ...
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Xpat Opinion: Hungary’s PM Orbán As A European Power Player?
- 5 Oct 2015 9:00 AM
- current affairs
A moderate and a pro-government analyst think that PM Orbán has become an important reference point in European politics due to the migration crisis. A left-wing columnist thinks that PM Orbán has only earned an evil reputation and he is seen as a symbol of inhumane anti-immigrant policies.
Retail Sales In Hungary Up 4.7% In Aug
- 5 Oct 2015 4:00 AM
- shopping
Retail sales in Hungary climbed by 4.7% in August from the same month a year earlier, preliminary data released by the Central Statistical Office on Monday show. The increase was the same when adjusted for calendar year effects. The unadjusted rise was down from 6.8% in July. Adjusted food sales climbed by 3.7% in August, non-food sales were up 4.6% and fuel sales increased by 7.4%. In ...
Lázár Calls For Action Plan To Deal With VW Diesel Scandal Fallout
- 2 Oct 2015 9:00 AM
- current affairs
It is incumbent on the government to draw up an action plan to strengthen the economy in the wake of the VW diesel scandal, government office chief János Lázár told a government press briefing. Cooperation is needed with the Audi plant in Győr, in western Hungary, he said, adding that lay-offs were not expected but the company group’s contribution to Hungary’s economic growth could be expected to ...
Xpat Opinion: Hungary’s Economy Minister’s Response To VW Scandal
- 1 Oct 2015 9:00 AM
- business
A conservative pundit welcomes the government’s plan to facilitate diversification in the industrial sector in order to make the country less dependent on car manufacturing.
Funding For Economic Development Programme In Hungary Up HUF 74 bn
- 1 Oct 2015 9:00 AM
- business
The government has raised this year’s allocation for the Economic Development and Innovation Operative Programme, a national framework for awarding European Union funding, by 74 billion forints to 902 billion (EUR 2.9bn), an official of the economy ministry official told a conference.
Poll Shows Fidesz Gains Popularity Over Summer
- 1 Oct 2015 5:00 AM
- current affairs
The ruling Fidesz party has increased its support over the summer, gaining four points to finish on 32% from May to September, a poll by Medián showed. The percentage of respondents who rejected Fidesz fell from 45 to 40% in the same period, the poll published on Medián’s website said. At the same time support for the radical nationalist Jobbik party fell from 16% in May to 13% in September, so ...
EU Funding Helped Refurbish Historic City Centre Of Eger
- 30 Sep 2015 9:00 AM
- getting around
The refurbishment of the Dobó Square in Eger, completed through EU funding of some HUF 4bn, is a good example of the Government’s productive efforts and a major milestone in the everyday life and history of the city, the seat of the archbishop of the Roman Catholic Archdiocese of Eger, Minister of State for the Utilization of EU Funding Balázs Rákossy said at the opening ceremony of the renewed ...