3,147 result(s) for economy
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.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Raiffeisen Not To Sell Hungary Unit, Says Bank
- 9 Jan 2014 8:00 AM
- business
Raiffeisen Bank International AG will not sell its Hungarian subsidiary under the current conditions, the bank said Wednesday. The bank said that it had examined the offers received over the past few weeks and decided not to sell the unit.
Charles Gati: Hungary Before The Election – Interview
- 8 Jan 2014 8:00 AM
- current affairs
An Interview with Charles Gati of the Johns Hopkins University’s School of Advanced International Studies (SAIS).
[The interview, published in the January 2, 2014 issue of the weekly 168 Óra (168 Hours) and conducted by József Barát, was translated by Professor Gati for Hungarian Spectrum.]
[The interview, published in the January 2, 2014 issue of the weekly 168 Óra (168 Hours) and conducted by József Barát, was translated by Professor Gati for Hungarian Spectrum.]
Declassify Parts Of Hungary’s Ex-PM Gyurcsány “Lies Speech” Report, Says Pintér
- 8 Jan 2014 2:30 AM
- current affairs
It’s time to declassify parts of a report by secret services in connection with the leaking of the speech of ex-premier Ferenc Gyurcsány, Interior Minister Sándor Pintér told news channel HírTV on Tuesday.
Number Of Women In Employment In Hungary Exceeds 1.8 Million
- 7 Jan 2014 8:00 AM
- current affairs
As Ministerial Commissioner Piroska Szalai said, who is responsible for improving the labour prospects of women, it is an outstanding achievement that the number of women in employment has been steadily above 1.8 million for the fourth consecutive month which constitutes an employment rate of 53 percent. In November, of women aged 15-64 years, 1 825 thousand had a job, the best monthly figure ...
Martonyi Reopens Hungarian Embassy In Santiago De Chile
- 7 Jan 2014 4:04 AM
- current affairs
Foreign Minister János Martonyi paid an official visit to Chile between January 5 and 7 and reopened the Hungarian embassy in Santiago de Chile. Martonyi also held talks with Chilean counterpart Alfredo Moreno Charme and expressed thanks for keeping the Chilean embassy in Budapest open despite the closing of the Hungarian one in Chile in 2009, a statement by the ministry said.
Milbradt Says Hungary ’s Solution To Crisis “Remarkable”
- 7 Jan 2014 4:00 AM
- current affairs
Hungary has “climbed out” of the “rut” of the economic crisis in a remarkable way, Georg Milbradt, a former minister president and finance minister of Saxony who is now an economic advisor to Hungary’s prime minister, said on Tuesday. Milbradt told public television M1 that unlike other European states, Hungary had tried to resolve its problems without relying on external help.
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.
KBC Bank Not Exiting Hungary
- 13 Jan 2014 8:01 AM
- business
Belgian financial group KBC will not exit Hungary despite a tough outlook for profitability and pressure from the authorities for consolidation, the head of KBC’s local business told Reuters. Central bank governor György Matolcsy, a former economy minister who launched Europe’s highest bank levy to stabilise the state budget, said last month four foreign banks could leave Hungary in the next 6-18 ...
Raiffeisen Not To Sell Hungary Unit, Says Bank
- 9 Jan 2014 8:00 AM
- business
Raiffeisen Bank International AG will not sell its Hungarian subsidiary under the current conditions, the bank said Wednesday. The bank said that it had examined the offers received over the past few weeks and decided not to sell the unit.
Charles Gati: Hungary Before The Election – Interview
- 8 Jan 2014 8:00 AM
- current affairs
An Interview with Charles Gati of the Johns Hopkins University’s School of Advanced International Studies (SAIS).
[The interview, published in the January 2, 2014 issue of the weekly 168 Óra (168 Hours) and conducted by József Barát, was translated by Professor Gati for Hungarian Spectrum.]
[The interview, published in the January 2, 2014 issue of the weekly 168 Óra (168 Hours) and conducted by József Barát, was translated by Professor Gati for Hungarian Spectrum.]
Declassify Parts Of Hungary’s Ex-PM Gyurcsány “Lies Speech” Report, Says Pintér
- 8 Jan 2014 2:30 AM
- current affairs
It’s time to declassify parts of a report by secret services in connection with the leaking of the speech of ex-premier Ferenc Gyurcsány, Interior Minister Sándor Pintér told news channel HírTV on Tuesday.
Number Of Women In Employment In Hungary Exceeds 1.8 Million
- 7 Jan 2014 8:00 AM
- current affairs
As Ministerial Commissioner Piroska Szalai said, who is responsible for improving the labour prospects of women, it is an outstanding achievement that the number of women in employment has been steadily above 1.8 million for the fourth consecutive month which constitutes an employment rate of 53 percent. In November, of women aged 15-64 years, 1 825 thousand had a job, the best monthly figure ...
Martonyi Reopens Hungarian Embassy In Santiago De Chile
- 7 Jan 2014 4:04 AM
- current affairs
Foreign Minister János Martonyi paid an official visit to Chile between January 5 and 7 and reopened the Hungarian embassy in Santiago de Chile. Martonyi also held talks with Chilean counterpart Alfredo Moreno Charme and expressed thanks for keeping the Chilean embassy in Budapest open despite the closing of the Hungarian one in Chile in 2009, a statement by the ministry said.
Milbradt Says Hungary ’s Solution To Crisis “Remarkable”
- 7 Jan 2014 4:00 AM
- current affairs
Hungary has “climbed out” of the “rut” of the economic crisis in a remarkable way, Georg Milbradt, a former minister president and finance minister of Saxony who is now an economic advisor to Hungary’s prime minister, said on Tuesday. Milbradt told public television M1 that unlike other European states, Hungary had tried to resolve its problems without relying on external help.