263 result(s) for european investment bank
Budapest Metro Restoration Could Cost HUF 30-40 Billion More Than Expected
- 1 Jun 2017 6:00 AM
- getting around
Restoration of Budapest’s metro line M3 could cost a staggering HUF 30-40 billion (USD 108-145 million) more than the capital’s HUF 137.5 billion initial budget, according to mno.hu reports based on professional sources at the City Council.
Orbán: Shaming Hungary ‘Foolish’
- 18 May 2017 1:00 AM
- current affairs
Prime Minister Viktor Orbán has said shaming Hungary was “foolish”, noting that the country currently has the highest or second highest growth rate in the European Union. Speaking at a general assembly meeting of Mercedes parent company Daimler in Budapest, Orbán said Hungary had the fastest-declining unemployment rate in the EU and that it complied with all European financial regulations.
Hungary Has Become China’s Number One Economic Partner In Central Europe
- 16 May 2017 10:16 AM
- business
“Hungary has grown to become China’s number one economic partner in Central Europe today”, Minister of Foreign Affairs and Trade Péter Szijjártó told public media on Friday in Beijing.
EBRD Lifts Hungary Growth Forecast
- 11 May 2017 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) forecasts Hungarian economic growth of an annual 3% in 2017 and 2018, the organisation said in its latest Regional Economic Prospects report. The EBRD raised its GDP growth forecast for 2017 from 2.4%.
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
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.
Budapest Metro Restoration Could Cost HUF 30-40 Billion More Than Expected
- 1 Jun 2017 6:00 AM
- getting around
Restoration of Budapest’s metro line M3 could cost a staggering HUF 30-40 billion (USD 108-145 million) more than the capital’s HUF 137.5 billion initial budget, according to mno.hu reports based on professional sources at the City Council.
Orbán: Shaming Hungary ‘Foolish’
- 18 May 2017 1:00 AM
- current affairs
Prime Minister Viktor Orbán has said shaming Hungary was “foolish”, noting that the country currently has the highest or second highest growth rate in the European Union. Speaking at a general assembly meeting of Mercedes parent company Daimler in Budapest, Orbán said Hungary had the fastest-declining unemployment rate in the EU and that it complied with all European financial regulations.
Hungary Has Become China’s Number One Economic Partner In Central Europe
- 16 May 2017 10:16 AM
- business
“Hungary has grown to become China’s number one economic partner in Central Europe today”, Minister of Foreign Affairs and Trade Péter Szijjártó told public media on Friday in Beijing.
EBRD Lifts Hungary Growth Forecast
- 11 May 2017 9:00 AM
- business
The European Bank for Reconstruction and Development (EBRD) forecasts Hungarian economic growth of an annual 3% in 2017 and 2018, the organisation said in its latest Regional Economic Prospects report. The EBRD raised its GDP growth forecast for 2017 from 2.4%.
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
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.


















