225 result(s) for forecasts
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Updated: Heat-Wave To Hit Hungary
- 27 Jul 2013 6:10 AM
- current affairs
Due to the extreme heat, the weather service has issued a second-level, orange warning in the country until Saturday night. Warnings about expected thunderstorms and downpours in certain counties have been withdrawn. According to forecasts, temperatures will likely be between 30ºC and 35ºC during the afternoons and 21-27 ºC during the evenings.
Retail Sales In Hungary Lifted By Fuel Consumption
- 18 Jul 2013 9:00 AM
- shopping
Retail sales rose for the second straight month in May, up 2.5% year-on-year, after 3.4% growth in April, according to seasonally adjusted figures from the Central Statistics Office. Before April, retail sales had fallen for 12 consecutive months.
Xpat Opinion: Audi’s Long-term Investment In Hungary
- 27 Jun 2013 9:00 AM
- business
Next year, we celebrate the 20th anniversary of the opening of the first Audi manufacturing facility in Hungary. In those nearly 20 years in Győr, the German carmaker has employed thousands of workers locally, supported Hungarian businesses that provide the factory’s supply chain with goods and services, and sponsored local sports teams and other programs.
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 ...
Heat And Still Air, Summer Has Officially Arrived To Hungary
- 19 Jun 2013 10:00 AM
- current affairs
After the long “winter”, torrential rains and floodings, Hungary is now facing a massive heat-wave. According to forecasts the heat-wave will last until the weekend, when thunderstorms could bring some relief. Temperatures rose above 30 degrees already on Monday, and by Wednesday the weather is expected to be a couple of degrees hotter reaching a maximum of 37°C.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Fiscal Measures Available In Hungary To Ensure Lifting Of Excessive Deficit Procedure
- 13 May 2013 9:00 AM
- business
During recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission ...
Hungary's Economy Is Back On A Growth Path
- 10 Sep 2013 10:00 AM
- business
The repayment of its 2008 loan to the International Monetary Fund and the abrogation of the excessive deficit procedure launched by the European Union upon the country’s accession to the EU mark Hungary’s economic upswing and the Government forecasts 2 per cent growth in 2014, Prime Minister Viktor Orbán told lawmakers in his pre-agenda speech on Monday at the opening of the autumn session of ...
Hungary’s Economy Makes Positive U-Turn
- 21 Aug 2013 9:00 AM
- business
As a result of the Government measures introduced over the past three years Hungary has begun a period of sustainable economic growth. With the early repayment of the IMF loan, Hungary has proven to be an economically independent country which can finance itself from the markets. This achievement is even more remarkable given the fact that during this process Hungary has succeeded in emerging ...
Updated: Heat-Wave To Hit Hungary
- 27 Jul 2013 6:10 AM
- current affairs
Due to the extreme heat, the weather service has issued a second-level, orange warning in the country until Saturday night. Warnings about expected thunderstorms and downpours in certain counties have been withdrawn. According to forecasts, temperatures will likely be between 30ºC and 35ºC during the afternoons and 21-27 ºC during the evenings.
Retail Sales In Hungary Lifted By Fuel Consumption
- 18 Jul 2013 9:00 AM
- shopping
Retail sales rose for the second straight month in May, up 2.5% year-on-year, after 3.4% growth in April, according to seasonally adjusted figures from the Central Statistics Office. Before April, retail sales had fallen for 12 consecutive months.
Xpat Opinion: Audi’s Long-term Investment In Hungary
- 27 Jun 2013 9:00 AM
- business
Next year, we celebrate the 20th anniversary of the opening of the first Audi manufacturing facility in Hungary. In those nearly 20 years in Győr, the German carmaker has employed thousands of workers locally, supported Hungarian businesses that provide the factory’s supply chain with goods and services, and sponsored local sports teams and other programs.
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 ...
Heat And Still Air, Summer Has Officially Arrived To Hungary
- 19 Jun 2013 10:00 AM
- current affairs
After the long “winter”, torrential rains and floodings, Hungary is now facing a massive heat-wave. According to forecasts the heat-wave will last until the weekend, when thunderstorms could bring some relief. Temperatures rose above 30 degrees already on Monday, and by Wednesday the weather is expected to be a couple of degrees hotter reaching a maximum of 37°C.
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Fiscal Measures Available In Hungary To Ensure Lifting Of Excessive Deficit Procedure
- 13 May 2013 9:00 AM
- business
During recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission ...