376 result(s) for financial crisis
Hungarian Firm Catches International Fever
- 9 Apr 2010 1:00 AM
- business
"During times of crisis, as many are all too familiar with, companies are forced to become more agile in order to survive. For many firms this has come down to cutting costs and focusing all available resources on sustaining business. Though these tactics may not be the ideal solution for young firms looking to grow their business, in many cases it’s done simply so the firm can stay afloat until ...
Hungary's Sziget Faces Tough Year, Ticket Prices To Go Up 20%
- 6 Apr 2010 6:00 AM
- entertainment
"Hungary’s leading festival organiser Sziget will not ease its grip on spending and will continue its crisis management measures implemented last year. It will keep its budget tight on this year’s Sziget Festival and focus on foreign advertisements, head of Sziget Kft. told business daily Világgazdaság.
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 ...
Hungarian PM To CNBC: Support For Greece Good Choice, Hungarian Budget On Track
- 29 Mar 2010 3:00 AM
- current affairs
"The leaders of 16 European Union nations that share the euro have come to terms about a rescue plan for Greece, agreeing that if the troubled country runs out of fundraising options, help will come from both the EU and the International Monetary Fund (IMF). Hungarian Prime Minister Gordon Bajnai urged euro zone leaders before to given Athens "breathing space" and help it access IMF loans.
Hungarian PM Bajnai On Greece: “We Come From Where You Are Going"
- 17 Mar 2010 3:00 AM
- current affairs
"Greece needs solidarity that takes the form of financial assistance, and it should be given a helping hand, Hungary’s Prime Minister Gordon Bajnai said in a meeting with Yorgos Papandreou where the premiers shared the experiences and challenges of crisis management on 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 ...
When The EUR Falls, Hungary's Forint Tends To Underperform CE3 Peers
- 5 Mar 2010 2:00 AM
- business
"A better risk appetite environment should support the EUR/USD in the short term, but the cross looks to be heading lower from Q2 on, Crédit Agricole Corporate Investment Bank said on Thursday. It reminded that there have only been three other periods of EUR weakness, the last of which corresponded with the worst of the credit crisis.
Hungarian Firm Catches International Fever
- 9 Apr 2010 1:00 AM
- business
"During times of crisis, as many are all too familiar with, companies are forced to become more agile in order to survive. For many firms this has come down to cutting costs and focusing all available resources on sustaining business. Though these tactics may not be the ideal solution for young firms looking to grow their business, in many cases it’s done simply so the firm can stay afloat until ...
Hungary's Sziget Faces Tough Year, Ticket Prices To Go Up 20%
- 6 Apr 2010 6:00 AM
- entertainment
"Hungary’s leading festival organiser Sziget will not ease its grip on spending and will continue its crisis management measures implemented last year. It will keep its budget tight on this year’s Sziget Festival and focus on foreign advertisements, head of Sziget Kft. told business daily Világgazdaság.
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 ...
Hungarian PM To CNBC: Support For Greece Good Choice, Hungarian Budget On Track
- 29 Mar 2010 3:00 AM
- current affairs
"The leaders of 16 European Union nations that share the euro have come to terms about a rescue plan for Greece, agreeing that if the troubled country runs out of fundraising options, help will come from both the EU and the International Monetary Fund (IMF). Hungarian Prime Minister Gordon Bajnai urged euro zone leaders before to given Athens "breathing space" and help it access IMF loans.
Hungarian PM Bajnai On Greece: “We Come From Where You Are Going"
- 17 Mar 2010 3:00 AM
- current affairs
"Greece needs solidarity that takes the form of financial assistance, and it should be given a helping hand, Hungary’s Prime Minister Gordon Bajnai said in a meeting with Yorgos Papandreou where the premiers shared the experiences and challenges of crisis management on 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 ...
When The EUR Falls, Hungary's Forint Tends To Underperform CE3 Peers
- 5 Mar 2010 2:00 AM
- business
"A better risk appetite environment should support the EUR/USD in the short term, but the cross looks to be heading lower from Q2 on, Crédit Agricole Corporate Investment Bank said on Thursday. It reminded that there have only been three other periods of EUR weakness, the last of which corresponded with the worst of the credit crisis.