966 result(s) for gdp
Retail Sector Continues To Record Sales Growth Above The EU Average, September 2015
- 30 Nov 2015 8:00 AM
- shopping
In September 2015, the volume of retail sales grew by 5.1 percent year-on-year, and thus the sector’s positive sales trend has been in place for the 28th consecutive month. In the initial nine months of the year, the volume of sales was up by 5.9 percent year-on-year. These growth figures exceed both the EU and the Euro-zone averages.
Hungary’s PM: Controls Of Migrants From War Zones Must Be Stepped Up
- 20 Nov 2015 8:00 AM
- current affairs
The terrorist attacks against France highlight the need to take the arrival of migrants from war zones seriously, Prime Minister Viktor Orbán said. European Union member states are, to varying degrees, at war with countries from where such migrants originate from, Orbán told public media after meeting NATO Secretary-General Jens Stoltenberg. It is conceivable that groups are being sent to Europe ...
Hungarian Opposition Party DK Demands Termination Of Paks Upgrade
- 18 Nov 2015 3:00 AM
- current affairs
The opposition Democratic Coalition (DK) demanded that the government stops the upgrade of the Paks nuclear plant, a project the party described as “benefitting Russia and (ruling) Fidesz’s corrupt oligarchs”. Bruxinfo on Tuesday suggested that the European Commission could call on Hungary to suspend all Paks-related procurement as Hungary has allegedly violated European public procurement rules ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Hungarian Business Leaders Continue To Press For Country Strategy
- 20 Oct 2015 9:00 AM
- business
The Hungarian European Business Council (HEBC), a body of business leaders established by the European Round Table of Industrialists, continued to press for the creation of a tangible country strategy in an annual report released on Monday. The Council said such a strategy was necessary to make Hungary’s competitiveness sustainable.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Xpat Opinion: Hungary’s Economy Minister’s Response To VW Scandal
- 1 Oct 2015 9:00 AM
- business
A conservative pundit welcomes the government’s plan to facilitate diversification in the industrial sector in order to make the country less dependent on car manufacturing.
Hungarian Tourism Sector Set To Hit New Highs In 2015
- 29 Sep 2015 9:00 AM
- travel
The tourism sector may this year reach record high figures, as the number of guests at accommodation establishments is expected to hit 10 million, the number of tourism nights and the amount of tourism revenues are to exceed 25 million and HUF 35bn, respectively, by the end of the year, Deputy State Secretary for Tourism Ádám Ruszinkó said at a press conference organized to mark World Tourism Day.
Retail Sector Continues To Record Sales Growth Above The EU Average, September 2015
- 30 Nov 2015 8:00 AM
- shopping
In September 2015, the volume of retail sales grew by 5.1 percent year-on-year, and thus the sector’s positive sales trend has been in place for the 28th consecutive month. In the initial nine months of the year, the volume of sales was up by 5.9 percent year-on-year. These growth figures exceed both the EU and the Euro-zone averages.
Hungary’s PM: Controls Of Migrants From War Zones Must Be Stepped Up
- 20 Nov 2015 8:00 AM
- current affairs
The terrorist attacks against France highlight the need to take the arrival of migrants from war zones seriously, Prime Minister Viktor Orbán said. European Union member states are, to varying degrees, at war with countries from where such migrants originate from, Orbán told public media after meeting NATO Secretary-General Jens Stoltenberg. It is conceivable that groups are being sent to Europe ...
Hungarian Opposition Party DK Demands Termination Of Paks Upgrade
- 18 Nov 2015 3:00 AM
- current affairs
The opposition Democratic Coalition (DK) demanded that the government stops the upgrade of the Paks nuclear plant, a project the party described as “benefitting Russia and (ruling) Fidesz’s corrupt oligarchs”. Bruxinfo on Tuesday suggested that the European Commission could call on Hungary to suspend all Paks-related procurement as Hungary has allegedly violated European public procurement rules ...
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
Hungarian Business Leaders Continue To Press For Country Strategy
- 20 Oct 2015 9:00 AM
- business
The Hungarian European Business Council (HEBC), a body of business leaders established by the European Round Table of Industrialists, continued to press for the creation of a tangible country strategy in an annual report released on Monday. The Council said such a strategy was necessary to make Hungary’s competitiveness sustainable.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
London Analysts: VW Fallout On Hungary Likely To Be Limited
- 5 Oct 2015 9:00 AM
- business
The impact of the Volkswagen emissions scandal on Hungary’s economy will be limited in terms of tail risks to growth, London-based emerging markets economists said. In its “Emerging Markets Outlook and Strategy” report, JP Morgan said the auto industry accounts for an important share of Hungary’s economic activity: 20-22% of industrial production, 10% of exports and 4% of GDP.
Xpat Opinion: Hungary’s Economy Minister’s Response To VW Scandal
- 1 Oct 2015 9:00 AM
- business
A conservative pundit welcomes the government’s plan to facilitate diversification in the industrial sector in order to make the country less dependent on car manufacturing.
Hungarian Tourism Sector Set To Hit New Highs In 2015
- 29 Sep 2015 9:00 AM
- travel
The tourism sector may this year reach record high figures, as the number of guests at accommodation establishments is expected to hit 10 million, the number of tourism nights and the amount of tourism revenues are to exceed 25 million and HUF 35bn, respectively, by the end of the year, Deputy State Secretary for Tourism Ádám Ruszinkó said at a press conference organized to mark World Tourism Day.