231 result(s) for european investment bank
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Construction Sector Output Continues To Fall In Dec
- 14 Feb 2017 6:00 AM
- property
Hungary’s construction sector output dropped by an annual 14.9% in December last year, falling for the twelfth month in a row, the Central Statistical Office (KSH) said. The December drop in output was almost unchanged from the 14.7% annual fall in November 2016.
Europe’s Biggest Case Of Corruption Took Place In Budapest, Says Government Spokesman
- 19 Jan 2017 9:00 AM
- current affairs
Former Budapest city mayor Gábor Demszky has called for full disclosure following last week’s announcement by Minister Overseeing the Office of the Prime Minister János Lázár that the European anti-corruption office (OLAF) was calling for the return of HUF 76.6 billion (USD 264 million) in EU funds used in the construction of the M4 subway line.
Magyar Opinion: EU To Claw Back €300 Million Of Metro Funds
- 18 Jan 2017 8:00 AM
- current affairs
Commenting on the recommendation by the anti-fraud agency (OLAF) of the European Union that Hungary should be compelled to refund the equivalent of 75 billion forints of European contributions because of alleged corruption, a pro-government columnist urges exemplary punishment for the culprits.
ICSID Orders Hungary To Pay EUR 23 Million In Damages To French Company For Violating EU Law
- 20 Dec 2016 9:31 AM
- business
The World Bank’s International Centre for the Settlement of Investment Disputes has ordered Hungary to pay EUR 23 million (more than HUF 7 billion) in damages to the French voucher company Edenred for the unlawful reorganization of the Hungarian food voucher market in 2012, a violation of EU law, reports globenewswire.com.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
Hungary: EIB Supports Development Of Central European University With Eur 25 Million
- 25 Oct 2016 9:00 AM
- business
The European Investment Bank (EIB) is lending EUR 25 million to Central European University (CEU) to upgrade its campus located in the historic centre of the Hungarian capital Budapest.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Construction Sector Output Continues To Fall In Dec
- 14 Feb 2017 6:00 AM
- property
Hungary’s construction sector output dropped by an annual 14.9% in December last year, falling for the twelfth month in a row, the Central Statistical Office (KSH) said. The December drop in output was almost unchanged from the 14.7% annual fall in November 2016.
Europe’s Biggest Case Of Corruption Took Place In Budapest, Says Government Spokesman
- 19 Jan 2017 9:00 AM
- current affairs
Former Budapest city mayor Gábor Demszky has called for full disclosure following last week’s announcement by Minister Overseeing the Office of the Prime Minister János Lázár that the European anti-corruption office (OLAF) was calling for the return of HUF 76.6 billion (USD 264 million) in EU funds used in the construction of the M4 subway line.
Magyar Opinion: EU To Claw Back €300 Million Of Metro Funds
- 18 Jan 2017 8:00 AM
- current affairs
Commenting on the recommendation by the anti-fraud agency (OLAF) of the European Union that Hungary should be compelled to refund the equivalent of 75 billion forints of European contributions because of alleged corruption, a pro-government columnist urges exemplary punishment for the culprits.
ICSID Orders Hungary To Pay EUR 23 Million In Damages To French Company For Violating EU Law
- 20 Dec 2016 9:31 AM
- business
The World Bank’s International Centre for the Settlement of Investment Disputes has ordered Hungary to pay EUR 23 million (more than HUF 7 billion) in damages to the French voucher company Edenred for the unlawful reorganization of the Hungarian food voucher market in 2012, a violation of EU law, reports globenewswire.com.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Orbán Calls For Higher Wages At EBRD Conference
- 11 Nov 2016 8:00 AM
- current affairs
Prime Minister Viktor Orbán called for a “firm increase” in wages in the Hungarian economy, which he said required increasingly competitive businesses. Addressing a conference organised by the European Bank of Reconstruction and Development (EBRD) in Budapest, Orbán said that reducing corporate and personal income taxes as well as employer contributions were necessary to enhance competitiveness.
EC Revises 2016 Hungary GDP Growth Forecast Downwards To 2.1%
- 10 Nov 2016 8:00 AM
- business
Hungary’s economy, adjusted for inflation, is expected to grow by 2.1 % this year, the European Commission said in its autumn economic forecast released on Wednesday. The commission revised its estimate downwards from its spring forecast of 2.5%.
Hungary: EIB Supports Development Of Central European University With Eur 25 Million
- 25 Oct 2016 9:00 AM
- business
The European Investment Bank (EIB) is lending EUR 25 million to Central European University (CEU) to upgrade its campus located in the historic centre of the Hungarian capital Budapest.