1,964 result(s) for eu economy
Video: Hungarian PM Gordon Bajnai Defends His Economic Policies
- 30 Mar 2010 1:00 AM
- video
"The financial crisis hit Hungary hard. Severe cutbacks in social spending and higher taxes were implemented to revive the state budget. Prime Minister Gordon Bajnai managed to avoid insolvency and now has a new goal in sight: to introduce the Euro by 2014. There is a lot to do until then. Hungary's economy shrank by 9 percent last year. In an exclusive interview with 'Made in Germany', Gordon ...
Crisis Creates Appetite For Movies In Hungary
- 29 Mar 2010 3:00 AM
- entertainment
"How has the economic crisis changed movie-going patterns in Hungary? How come multiplex movie theatres are more successful in Slovakia than in Hungary? How can cinema operators keep audience numbers up in the age of torrent sites and affordable home theatre systems? Is 3D really the key to survival? Portfolio.hu has addressed these questions and more in an interview with V.J. Maury, Chief ...
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Her Royal Highness The Duchess of Cornwall to visit SOTE 2
- 22 Mar 2010 1:00 AM
- community & culture
"Her Royal Highness visited the 2nd Department of Paediatrics of Semmelweis University in Budapest's 9th District and met staff and patients. She viewed the rheumatology, immunology, oncology and day care centres within the hospital, as it provides care for over one hundred thousand child patients every year.
Hungary's Járai Calls 3.8% Deficit “Unfeasible”
- 18 Mar 2010 3:00 AM
- business
"The government’s 2010 budget deficit target of 3.8% of GDP is not feasible and could grow to 7-8% if no additional measures are taken, Fidesz former finance minister Zsigmond Járai said Tuesday.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
Video: Hungarian PM Gordon Bajnai Defends His Economic Policies
- 30 Mar 2010 1:00 AM
- video
"The financial crisis hit Hungary hard. Severe cutbacks in social spending and higher taxes were implemented to revive the state budget. Prime Minister Gordon Bajnai managed to avoid insolvency and now has a new goal in sight: to introduce the Euro by 2014. There is a lot to do until then. Hungary's economy shrank by 9 percent last year. In an exclusive interview with 'Made in Germany', Gordon ...
Crisis Creates Appetite For Movies In Hungary
- 29 Mar 2010 3:00 AM
- entertainment
"How has the economic crisis changed movie-going patterns in Hungary? How come multiplex movie theatres are more successful in Slovakia than in Hungary? How can cinema operators keep audience numbers up in the age of torrent sites and affordable home theatre systems? Is 3D really the key to survival? Portfolio.hu has addressed these questions and more in an interview with V.J. Maury, Chief ...
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Her Royal Highness The Duchess of Cornwall to visit SOTE 2
- 22 Mar 2010 1:00 AM
- community & culture
"Her Royal Highness visited the 2nd Department of Paediatrics of Semmelweis University in Budapest's 9th District and met staff and patients. She viewed the rheumatology, immunology, oncology and day care centres within the hospital, as it provides care for over one hundred thousand child patients every year.
Hungary's Járai Calls 3.8% Deficit “Unfeasible”
- 18 Mar 2010 3:00 AM
- business
"The government’s 2010 budget deficit target of 3.8% of GDP is not feasible and could grow to 7-8% if no additional measures are taken, Fidesz former finance minister Zsigmond Járai said Tuesday.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.