1,964 result(s) for eu economy
KSH Confirms 6.2% Industrial Output Growth For Aug
- 15 Oct 2015 9:00 AM
- business
Hungary’s industrial output grew by an annual 6.2% in August, the Central Statistical Office (KSH) said in a second reading of data, confirming its first estimate. The index adjusted for the number of workdays also increased by 6.2%. In a month-onmonth comparison, industrial output fell by 2%, according to seasonally and workday-adjusted data. In the first eight months of 2015, industrial output ...
Conference Explores Causes For Shortage Of Labour In Tourism, Catering In Hungary
- 15 Oct 2015 9:00 AM
- travel
A labour shortage in tourism and catering is growing, the head of an employers’ interest representation body told a conference in Budapest. Zoltán Pál Gál, head of the interest representation body VIMOSZ, said the shortage of labour in tourism and catering sometimes makes it impossible to provide the necessary services. Economy ministry representatives said training in the sector needs to be ...
Govt To Create A More Taxpayer-Friendly, Less Complicated Tax Regime
- 14 Oct 2015 9:00 AM
- business
The Government aims to set up a new, customer-friendly taxation system that is faster and requires less administration and bureaucracy, Minister of State for Parliamentary Affairs and Taxation András Tállai said at a press conference after having presented a bill on the rules of taxation to Hungary’s National Assembly.
Hungary’s Economy Minister Varga Wins Euromoney Award
- 12 Oct 2015 11:00 AM
- current affairs
Economy Minister Mihály Varga has been named Finance Minister of the Year for Central and Eastern Europe by the Emerging Markets website of British monthly Euromoney. The timing of the conversion of foreign-currency mortgages to local currency was perfect, Emerging Markets observed. Furthermore, Hungary has paid back its loan to the IMF early, the site underlines.
Tens Of Thousands Of Jobs Vacant In Hungary
- 12 Oct 2015 9:00 AM
- current affairs
Hungary has tens of thousands of unfilled jobs with mechanics, cleaners and garbage collectors among the most sought-after workers, the Saturday edition of daily Magyar Idők said. Citing August jobs data from the economy ministry, the paper said there was also a nationwide shortage of construction, industrial and agricultural workers, with each sector reporting over 1,000 vacancies.
European Journalists Association Holds Budapest Assembly
- 9 Oct 2015 4:00 AM
- current affairs
The political union that European Union’s founding fathers dreamed of creating is still incomplete, Maria Romana de Gasperi, daughter of the late Alcide de Gasperi, said in her keynote address to the 53rd general assembly of European Journalists Association (EJA) in Budapest. De Gasperi urged the media to help European politics regain its lost wisdom.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Pro-Govt Poster Exhibition On Migration With Opposition Comments
- 6 Oct 2015 9:00 AM
- current affairs
The pro-government Civil Unity Forum (CÖF) has opened an open-air poster exhibition about opposition politicians’ remarks on migrants. The posters on display near MPs’ offices at Budapest’s Olimpia Park are aimed to contrast opposition statements with the “reality” about migrants, CÖF founder László Csizmadia said. Next to the photos and citations by Socialist, Democratic Coalition (DK) and ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...
KSH Confirms 6.2% Industrial Output Growth For Aug
- 15 Oct 2015 9:00 AM
- business
Hungary’s industrial output grew by an annual 6.2% in August, the Central Statistical Office (KSH) said in a second reading of data, confirming its first estimate. The index adjusted for the number of workdays also increased by 6.2%. In a month-onmonth comparison, industrial output fell by 2%, according to seasonally and workday-adjusted data. In the first eight months of 2015, industrial output ...
Conference Explores Causes For Shortage Of Labour In Tourism, Catering In Hungary
- 15 Oct 2015 9:00 AM
- travel
A labour shortage in tourism and catering is growing, the head of an employers’ interest representation body told a conference in Budapest. Zoltán Pál Gál, head of the interest representation body VIMOSZ, said the shortage of labour in tourism and catering sometimes makes it impossible to provide the necessary services. Economy ministry representatives said training in the sector needs to be ...
Govt To Create A More Taxpayer-Friendly, Less Complicated Tax Regime
- 14 Oct 2015 9:00 AM
- business
The Government aims to set up a new, customer-friendly taxation system that is faster and requires less administration and bureaucracy, Minister of State for Parliamentary Affairs and Taxation András Tállai said at a press conference after having presented a bill on the rules of taxation to Hungary’s National Assembly.
Hungary’s Economy Minister Varga Wins Euromoney Award
- 12 Oct 2015 11:00 AM
- current affairs
Economy Minister Mihály Varga has been named Finance Minister of the Year for Central and Eastern Europe by the Emerging Markets website of British monthly Euromoney. The timing of the conversion of foreign-currency mortgages to local currency was perfect, Emerging Markets observed. Furthermore, Hungary has paid back its loan to the IMF early, the site underlines.
Tens Of Thousands Of Jobs Vacant In Hungary
- 12 Oct 2015 9:00 AM
- current affairs
Hungary has tens of thousands of unfilled jobs with mechanics, cleaners and garbage collectors among the most sought-after workers, the Saturday edition of daily Magyar Idők said. Citing August jobs data from the economy ministry, the paper said there was also a nationwide shortage of construction, industrial and agricultural workers, with each sector reporting over 1,000 vacancies.
European Journalists Association Holds Budapest Assembly
- 9 Oct 2015 4:00 AM
- current affairs
The political union that European Union’s founding fathers dreamed of creating is still incomplete, Maria Romana de Gasperi, daughter of the late Alcide de Gasperi, said in her keynote address to the 53rd general assembly of European Journalists Association (EJA) in Budapest. De Gasperi urged the media to help European politics regain its lost wisdom.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
Pro-Govt Poster Exhibition On Migration With Opposition Comments
- 6 Oct 2015 9:00 AM
- current affairs
The pro-government Civil Unity Forum (CÖF) has opened an open-air poster exhibition about opposition politicians’ remarks on migrants. The posters on display near MPs’ offices at Budapest’s Olimpia Park are aimed to contrast opposition statements with the “reality” about migrants, CÖF founder László Csizmadia said. Next to the photos and citations by Socialist, Democratic Coalition (DK) and ...
Hungary May Become Central-Europe’s Growth Hub
- 5 Oct 2015 11:00 AM
- business
Hungary has the capacity to become Central-Europe’s growth hub, Prime Minister Viktor Orbán said at the opening ceremony of the Bank of China’s RMB clearing centre in Hungary. Let us believe the Chinese (...), if they chose Budapest as their regional centre, there must plenty of steam, potential and future in this country (...). We are able to increase even our current economic performance, with ...