17 result(s) for economy contracting in Articles
Hungarian Govt Seeks To Make Public Utilities Non-Profit
- 28 Jan 2014 8:00 AM
- current affairs
The government aims at building a public utilities sector in which all profits are spent on improving the sector’s services, state secretary for economy Zoltán Cséfalvay said on Monday. Cséfalvay, who is also the head of the national OECD council, spoke at a press conference at which OECD’s Hungary report was presented, and said that competition in Europe’s energy market was too low, and the ...
Xpat Opinion: Hungary The ‘Star Pupil’
- 16 Dec 2013 8:00 AM
- current affairs
“Romania, Hungary and Latvia emerge the star pupils in the latest survey on growth in the EU,” it begins. Hungary watchers will know that it has been quite some time since this country was referred to as a “star pupil” in the EU regarding anything that has to do with the economy. When was the last time?
Gazprom Looks For Hungarian Storage Facility
- 13 Nov 2013 8:00 AM
- current affairs
Construction of the Hungarian leg of South Stream – which will carry Russian natural gas – may begin as early as next year – participants of a conference were told in Budapest a few days ago. A senior management member of Gazprom said his firm reckons with Hungarian underground gas storage facilities but only if Gazprom may become a co-owner in them.
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Hungary Prepares For Adulthood In The European Union
- 29 Nov 2010 1:00 AM
- current affairs
"In January 2011 Hungary will assume the Presidency of the Council of the European Union. Its six-month term will be an interesting period for Hungary and the EU alike. Hungary will coordinate the Council’s vast bureaucratic and decision-making apparatus while not being able to rely on any significant wealth of accumulated knowledge about some of its workings due to the novelty of the Lisbon ...
Government Agrees To Back Mega-Project In Hungary Despite Concerns About Transparency
- 5 Mar 2010 12:00 AM
- current affairs
"Some of Hungary's major anti-corruption NGOs have turned to EU Competition Commissioner Joaquín Almunia. The NGOs are concerned about a giant project financed with state aid and therefore urged the Prime Minister to immediately suspend the 'murky' 130 mn EUR investment, financed by an EU fund and the Hungarian Development Bank (MFB). Gordon Bajnai, Prime Minister of Hungary finally ordered the ...
Hungarian Govt Seeks To Make Public Utilities Non-Profit
- 28 Jan 2014 8:00 AM
- current affairs
The government aims at building a public utilities sector in which all profits are spent on improving the sector’s services, state secretary for economy Zoltán Cséfalvay said on Monday. Cséfalvay, who is also the head of the national OECD council, spoke at a press conference at which OECD’s Hungary report was presented, and said that competition in Europe’s energy market was too low, and the ...
Xpat Opinion: Hungary The ‘Star Pupil’
- 16 Dec 2013 8:00 AM
- current affairs
“Romania, Hungary and Latvia emerge the star pupils in the latest survey on growth in the EU,” it begins. Hungary watchers will know that it has been quite some time since this country was referred to as a “star pupil” in the EU regarding anything that has to do with the economy. When was the last time?
Gazprom Looks For Hungarian Storage Facility
- 13 Nov 2013 8:00 AM
- current affairs
Construction of the Hungarian leg of South Stream – which will carry Russian natural gas – may begin as early as next year – participants of a conference were told in Budapest a few days ago. A senior management member of Gazprom said his firm reckons with Hungarian underground gas storage facilities but only if Gazprom may become a co-owner in them.
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Xpat Opinion: Guessing Hungary's PM Orbán’s Strategy In Negotiations With The EU
- 28 Nov 2012 8:00 AM
- current affairs
The leading pro-government daily welcomes the failure of the EU summit as a sign of democracy and good news for Hungary, while its left-wing counterpart accuses PM Orbán of selfishness. An influential economist says that although the EU’s growth forecasts are biased against Hungary, the government has to make efforts to convince Brussels anyway. An independent centrist outlet suspects that once ...
Xpat Opinion: Statement By The IMF Mission To Hungary
- 26 Jul 2012 1:00 AM
- current affairs
An International Monetary Fund (IMF) mission visited Budapest during July 17-25 to start discussions on an IMF/EU-supported program following a request by the Hungarian authorities. The IMF mission worked in close cooperation with a mission from the European Commission and observers from the European Central Bank. At the conclusion of the visit, Thanos Arvanitis, IMF mission chief for Hungary, ...
Hungary Prepares For Adulthood In The European Union
- 29 Nov 2010 1:00 AM
- current affairs
"In January 2011 Hungary will assume the Presidency of the Council of the European Union. Its six-month term will be an interesting period for Hungary and the EU alike. Hungary will coordinate the Council’s vast bureaucratic and decision-making apparatus while not being able to rely on any significant wealth of accumulated knowledge about some of its workings due to the novelty of the Lisbon ...
Government Agrees To Back Mega-Project In Hungary Despite Concerns About Transparency
- 5 Mar 2010 12:00 AM
- current affairs
"Some of Hungary's major anti-corruption NGOs have turned to EU Competition Commissioner Joaquín Almunia. The NGOs are concerned about a giant project financed with state aid and therefore urged the Prime Minister to immediately suspend the 'murky' 130 mn EUR investment, financed by an EU fund and the Hungarian Development Bank (MFB). Gordon Bajnai, Prime Minister of Hungary finally ordered the ...