870 result(s) for economy growth
Minister Matolcsy Announces New Fiscal Package In Hungary
- 8 Oct 2012 9:02 AM
- business
Minister for National Economy György Matolcsy held a press conference earlier this morning where he announced a fiscal adjustment package totalling 397 billion forints, which will ensure that a budget deficit below 3% of GDP will be achieved.
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Brit Foreign Sec William Hague In Budapest For Cyberspace Talks
- 4 Oct 2012 1:01 AM
- current affairs
British Foreign Secretary Hague is participating in the Budapest Conference on Cyberspace, and will have bilateral meetings with Hungarian PM Orbán and Foreign Minister János Martonyi. The Foreign Secretary said: “I am delighted to be back in Budapest to strengthen our already strong bilateral relationship with Hungary. We co-operate closely as EU partners and NATO allies, and together we are ...
Xpat Opinion: A Sinking Ship? Is It Time For Orbán’s Hungary To Turn Westward?
- 6 Sep 2012 9:00 AM
- current affairs
Just as I feared, we will have to return to Azerbaijan, not so much as a diplomatic issue but as a part of the financial plans that may have been behind the decision to release a convicted murderer to Baku. Because surely no one will believe the story the Hungarian Foreign Ministry came up with yesterday, that Hungary was conned by the Azeris. The current claim is that the Hungarians believed in ...
Hungary In The Competitiveness Ranking Of The World Economic Forum (WEF)
- 6 Sep 2012 9:00 AM
- business
The change of Hungary’s place in the category evaluating macroeconomic environment, in the competitiveness ranking of the World Economic Forum aptly demonstrates that although the financial consolidation process of the past two years was painful but a success nonetheless.
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.
Qatar Airways To Start Flying To Serbia And Poland By The End Of 2012
- 17 Aug 2012 9:00 AM
- specials
Qatar Airways today announced further expansion to its European network with the launch of scheduled flights to Serbia and Poland by the end of the year taking the airline’s coverage across the Continent to 32 destinations. Services to the previously announced destination of Belgrade, capital of Serbia, have been confirmed for a November 20 start with a thrice-weekly schedule via Ankara.
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
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, ...
Minister Matolcsy Announces New Fiscal Package In Hungary
- 8 Oct 2012 9:02 AM
- business
Minister for National Economy György Matolcsy held a press conference earlier this morning where he announced a fiscal adjustment package totalling 397 billion forints, which will ensure that a budget deficit below 3% of GDP will be achieved.
Matolcsy Announces New Austerity Package In Hungary
- 8 Oct 2012 9:00 AM
- current affairs
Economy Minister György Matolcsy on Friday announced Ft 133 billion of austerity cuts this year and a further Ft 397 billion next year, while raising the budget deficit targets for both 2012 and 2013. The 2012 deficit target has been raised from 2.5% of GDP to 2.7%, and the 2013 target from 2.2% also to 2.7%, Matolcsy revealed, citing the unfavourable global economic outlook and worse domestic ...
Brit Foreign Sec William Hague In Budapest For Cyberspace Talks
- 4 Oct 2012 1:01 AM
- current affairs
British Foreign Secretary Hague is participating in the Budapest Conference on Cyberspace, and will have bilateral meetings with Hungarian PM Orbán and Foreign Minister János Martonyi. The Foreign Secretary said: “I am delighted to be back in Budapest to strengthen our already strong bilateral relationship with Hungary. We co-operate closely as EU partners and NATO allies, and together we are ...
Xpat Opinion: A Sinking Ship? Is It Time For Orbán’s Hungary To Turn Westward?
- 6 Sep 2012 9:00 AM
- current affairs
Just as I feared, we will have to return to Azerbaijan, not so much as a diplomatic issue but as a part of the financial plans that may have been behind the decision to release a convicted murderer to Baku. Because surely no one will believe the story the Hungarian Foreign Ministry came up with yesterday, that Hungary was conned by the Azeris. The current claim is that the Hungarians believed in ...
Hungary In The Competitiveness Ranking Of The World Economic Forum (WEF)
- 6 Sep 2012 9:00 AM
- business
The change of Hungary’s place in the category evaluating macroeconomic environment, in the competitiveness ranking of the World Economic Forum aptly demonstrates that although the financial consolidation process of the past two years was painful but a success nonetheless.
Xpat Opinion: Slumping Money Supply (Not Austerity) Plunges Hungary Into Recession
- 22 Aug 2012 9:00 AM
- business
Posted by Steve H. Hanke: Hungary is in a recession, again. According to the chattering classes, as well as many analysts and financial reporters, fiscal austerity is the cause of Hungary’s slump.
Qatar Airways To Start Flying To Serbia And Poland By The End Of 2012
- 17 Aug 2012 9:00 AM
- specials
Qatar Airways today announced further expansion to its European network with the launch of scheduled flights to Serbia and Poland by the end of the year taking the airline’s coverage across the Continent to 32 destinations. Services to the previously announced destination of Belgrade, capital of Serbia, have been confirmed for a November 20 start with a thrice-weekly schedule via Ankara.
Xpat Opinion: Hungarian Economy Again Officially In Recession, Rival Interpretations
- 16 Aug 2012 12:40 PM
- business
The Central Statistical Office (CSO) published preliminary data on the 2nd quarter main economic indicators on Wednesday. According to their report, the Hungarian economy is now officially in recession, as economic output fell for two consecutive quarters in 2012. The leading left-wing daily claims that worsening economic data may prompt Prime Minister Viktor Orbán to seek tighter control, in ...
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, ...