79 result(s) for financial crisis in Business
Coronavirus: Crisis Dismissals Affect 3% Of Workforce In Hungary
- 16 Apr 2020 8:35 AM
- http://www.hatc.hu
- business
Downsizing caused by the epidemic crisis has led to the dismissal of about 3% of the total workforce in Hungary, according to a survey by ZRI Závecz Research and CAWI Services.
Hungarian Stocks Get Hammered As Pandemic Fears Grow
- 2 Mar 2020 10:51 AM
- http://www.hatc.hu
- business
Hungary’s benchmark BUX stock exchange index plummeted 5.7% to 40,230 on Friday, as global stock markets fell due to fears of the escalation of the coronavirus outbreak.
Hungarian President Proud Of AmCham’s American Roots & Values
- 9 Jul 2019 7:35 AM
- https://bbj.hu/
- business
With the American Chamber of Commerce in Hungary celebrating its 30th anniversary, the current president, Farkas Bársony was asked, to reflect on the journey AmCham has made in those years.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Experts Say Proposed Advertising Tax To Hit Independent Outlets Hardest
- 4 Apr 2017 7:00 AM
- business
News of government attacks on NGOs and Central European University has drawn attention away from newer attempts to clamp down on Hungary’s media providers. A bill proposed last week by the Ministry of National Economy would have media providers pay a 9 percent advertising tax if their advertising revenues exceed HUF 100 million (USD 345,000) — a sizable increase from the earlier 5.3 percent tax.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Growth ‘Sustainable For Now’
- 17 May 2016 9:00 AM
- business
Hungary can for the time being maintain slow economic growth of a middling rate in comparison with the region thanks to European Union subsidies and improvement in terms of trade, György Surányi told the daily Népszabadság. The former central bank governor said the current rate of growth however would lead to the country falling behind in the longer run.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Coronavirus: Crisis Dismissals Affect 3% Of Workforce In Hungary
- 16 Apr 2020 8:35 AM
- http://www.hatc.hu
- business
Downsizing caused by the epidemic crisis has led to the dismissal of about 3% of the total workforce in Hungary, according to a survey by ZRI Závecz Research and CAWI Services.
Hungarian Stocks Get Hammered As Pandemic Fears Grow
- 2 Mar 2020 10:51 AM
- http://www.hatc.hu
- business
Hungary’s benchmark BUX stock exchange index plummeted 5.7% to 40,230 on Friday, as global stock markets fell due to fears of the escalation of the coronavirus outbreak.
Hungarian President Proud Of AmCham’s American Roots & Values
- 9 Jul 2019 7:35 AM
- https://bbj.hu/
- business
With the American Chamber of Commerce in Hungary celebrating its 30th anniversary, the current president, Farkas Bársony was asked, to reflect on the journey AmCham has made in those years.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
Experts Say Proposed Advertising Tax To Hit Independent Outlets Hardest
- 4 Apr 2017 7:00 AM
- business
News of government attacks on NGOs and Central European University has drawn attention away from newer attempts to clamp down on Hungary’s media providers. A bill proposed last week by the Ministry of National Economy would have media providers pay a 9 percent advertising tax if their advertising revenues exceed HUF 100 million (USD 345,000) — a sizable increase from the earlier 5.3 percent tax.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Growth ‘Sustainable For Now’
- 17 May 2016 9:00 AM
- business
Hungary can for the time being maintain slow economic growth of a middling rate in comparison with the region thanks to European Union subsidies and improvement in terms of trade, György Surányi told the daily Népszabadság. The former central bank governor said the current rate of growth however would lead to the country falling behind in the longer run.
Orbán: Hungary Experiencing Economic Boom
- 25 Apr 2016 9:00 AM
- business
Hungary is experiencing a time of economic prosperity and will take another step forward in 2017, Prime Minister Viktor Orbán told public Kossuth Radio. Speaking about next year’s budget, the prime minister said wages are continuously growing while unemployment is decreasing, something that Hungary “achieved without loans”.
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...