870 result(s) for economy growth
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Hungarian Retail Sales Up 7% In July
- 4 Sep 2015 9:21 AM
- shopping
Retail sales in Hungary rose by an annual 7% in July, according to preliminary data released by the Central Statistical Office (KSH). The increase was the same when adjusted for calendar year effects. The unadjusted rise was slightly down from 7.2% in June. Takarékbank chief analyst András Oszlay said the July retail sales growth was above the 5.8% consensus as well as the bank’s 6.3% estimate.
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.
Retail Sales On Rise For 2+ Years In Hungary
- 4 Sep 2015 9:00 AM
- shopping
The volume of retail sales has been up for more than two years in Hungary and the volume growth registered in the month of July was the largest since the onset of the crisis, Minister of State for Economic Regulation Béla Glattfelder told public news channel M1, commenting on the latest data published by the Hungarian Central Statistical Office (KSH).
Interview 4: Diego Massidda, Former CEO, Vodafone Hungary
- 29 Jul 2015 12:00 PM
1. Since we last met Vodafone Hungary abolished roaming charges - how is this working out for customers, and your business? Have other companies followed your lead?
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Hungary Spending HUF 600 Million To Remind Hungarians They Don’t Live In Greece
- 16 Jul 2015 9:00 AM
- current affairs
The Hungarian government plans to launch yet another expensive public relations campaign in the coming days, this time to raise awareness about the successful reforms and economic growth of recent years, says government spokesperson Zoltán Kovács. He says the campaign will cost some HUF 600 million (USD 2.2. million) but he did not specify what the message will be.
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Hungarian Retail Sales Up 7% In July
- 4 Sep 2015 9:21 AM
- shopping
Retail sales in Hungary rose by an annual 7% in July, according to preliminary data released by the Central Statistical Office (KSH). The increase was the same when adjusted for calendar year effects. The unadjusted rise was slightly down from 7.2% in June. Takarékbank chief analyst András Oszlay said the July retail sales growth was above the 5.8% consensus as well as the bank’s 6.3% estimate.
Awards for Successful Hungarian Enterprises, June-July 2015
- 4 Sep 2015 9:00 AM
- business
The Government holds enterprises in high esteem and helps them to extra funding by publishing calls for tender of operative programmes until the summer of 2017, Minister for National Economy Mihály Varga said at the presentation ceremony of the Awards for Successful Enterprises in Budapest at which the Minister this time honoured tourism enterprises.
Retail Sales On Rise For 2+ Years In Hungary
- 4 Sep 2015 9:00 AM
- shopping
The volume of retail sales has been up for more than two years in Hungary and the volume growth registered in the month of July was the largest since the onset of the crisis, Minister of State for Economic Regulation Béla Glattfelder told public news channel M1, commenting on the latest data published by the Hungarian Central Statistical Office (KSH).
Interview 4: Diego Massidda, Former CEO, Vodafone Hungary
- 29 Jul 2015 12:00 PM
1. Since we last met Vodafone Hungary abolished roaming charges - how is this working out for customers, and your business? Have other companies followed your lead?
Head Of Hungary’s Tax Authority Resigns
- 21 Jul 2015 9:00 AM
- current affairs
Ildikó Vida has resigned from her post as head of Hungary’s tax authority NAV, the economy ministry said. Until a successor is appointed, vice president Árpád Varga will head the authority. Ildikó Vida tendered her resignation on May 20, while relevant laws allow for two months of a notice period. The new tax chief will be selected after key components in a planned reform to the authority have ...
Hungary Spending HUF 600 Million To Remind Hungarians They Don’t Live In Greece
- 16 Jul 2015 9:00 AM
- current affairs
The Hungarian government plans to launch yet another expensive public relations campaign in the coming days, this time to raise awareness about the successful reforms and economic growth of recent years, says government spokesperson Zoltán Kovács. He says the campaign will cost some HUF 600 million (USD 2.2. million) but he did not specify what the message will be.
Taxes In Hungary Lowered Again
- 15 Jul 2015 9:00 AM
- business
The personal income tax rate is to fall from 16 percent to 15 percent in 2015 and thus the Government leaves HUF 120 more at families, at more than 4 million taxpayers, Deputy State Secretary for Taxation and Zoltán Pankucsi said at a press conference in Budapest.