11 result(s) for ferenc kumin in Business
Xpat Opinion: Hungary Boasts Biggest GDP Growth In Eight Years
- 23 May 2014 9:00 AM
- business
In the first quarter of 2014, Hungary’s economy grew at the highest rate we have seen in eight years, 3.5 percent, drubbing analyst forecasts predicting 2.7 percent. Industrial output is at a three-year high.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 28 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 24 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Xpat Opinion: Hungary’s Economic Sentiment Indicator: Highest In Europe
- 16 Jan 2014 8:00 AM
- business
Last Thursday, the European Commission’s Economic and Financial Affairs Directorate General released the December 2013 data for the EU’s Economic Sentiment Indicator. The Economic Sentiment Indicator, or ESI, is “a composite indicator made up of five sectoral confidence indicators” reflecting the level of confidence and optimism in each sector of the economy.
Hungarian-British Workshop Discussion On Economic Policy And A Visit To The United States
- 21 Oct 2013 9:00 AM
- business
Representatives of the governments of Hungary and Great Britain discussed the most important issues relating to economic policy and government communications at an informal workshop held on October 16-17.
Xpat Opinion: New Highs In FDI In Hungary
- 8 Aug 2013 9:00 AM
- business
By Ferenc Kumin: Hungary is doing better on foreign direct investment, let’s take a closer look at the data because the numbers indicate a favorable trend. In terms of FDI, 2012 was a strong year for Hungary. Total FDI amounted to over 10 billion euro, an all-time high. Similarly, outward FDI also reached new heights, at 8.2 billion euro. After adjusting the inflow to losses and restructuring, ...
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Xpat Opinion: 'End The Excessive Deficit Procedure', By Ferenc Kumin
- 7 May 2013 9:00 AM
- business
Presenting the EU Commission’s spring economic forecast on Friday, Olli Rehn, the EU Commissioner for Economic and Monetary Affairs and the Euro, announced that three countries – Romania, Lithuania and Latvia – are on track to exit the excessive deficit procedure (EDP), but that Hungary and Italy would need to do more to trim the budget deficit below three percent of GDP in 2013 and 2014.
Xpat Opinion: Hungary Boasts Biggest GDP Growth In Eight Years
- 23 May 2014 9:00 AM
- business
In the first quarter of 2014, Hungary’s economy grew at the highest rate we have seen in eight years, 3.5 percent, drubbing analyst forecasts predicting 2.7 percent. Industrial output is at a three-year high.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 28 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Xpat Opinion: About Time To Upgrade Hungary’s Credit Rating
- 24 Apr 2014 9:00 AM
- business
“The time has come for rating agencies to upgrade Hungary,” said Hendrik Scheerlinck, the CEO of K&H Bank, the Hungarian branch of Belgian KBC. According to portfolio.hu, Scheerlinck said in an interview on Tuesday that he anticipates a stable, economic policy as the country returns to the path of more economic growth.
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
Xpat Opinion: Hungary’s Economic Sentiment Indicator: Highest In Europe
- 16 Jan 2014 8:00 AM
- business
Last Thursday, the European Commission’s Economic and Financial Affairs Directorate General released the December 2013 data for the EU’s Economic Sentiment Indicator. The Economic Sentiment Indicator, or ESI, is “a composite indicator made up of five sectoral confidence indicators” reflecting the level of confidence and optimism in each sector of the economy.
Hungarian-British Workshop Discussion On Economic Policy And A Visit To The United States
- 21 Oct 2013 9:00 AM
- business
Representatives of the governments of Hungary and Great Britain discussed the most important issues relating to economic policy and government communications at an informal workshop held on October 16-17.
Xpat Opinion: New Highs In FDI In Hungary
- 8 Aug 2013 9:00 AM
- business
By Ferenc Kumin: Hungary is doing better on foreign direct investment, let’s take a closer look at the data because the numbers indicate a favorable trend. In terms of FDI, 2012 was a strong year for Hungary. Total FDI amounted to over 10 billion euro, an all-time high. Similarly, outward FDI also reached new heights, at 8.2 billion euro. After adjusting the inflow to losses and restructuring, ...
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Xpat Opinion: 'End The Excessive Deficit Procedure', By Ferenc Kumin
- 7 May 2013 9:00 AM
- business
Presenting the EU Commission’s spring economic forecast on Friday, Olli Rehn, the EU Commissioner for Economic and Monetary Affairs and the Euro, announced that three countries – Romania, Lithuania and Latvia – are on track to exit the excessive deficit procedure (EDP), but that Hungary and Italy would need to do more to trim the budget deficit below three percent of GDP in 2013 and 2014.