980 result(s) for gdp
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungary Among EU’s Poorest Members
- 18 Jun 2015 2:40 AM
- current affairs
Hungary is the fourth or fifth poorest member state of the European Union, sets of figures released by Eurostat yesterday reveal. The country’s per capita GDP is 68 per cent of the EU average, putting it on a par with Poland as the fourth or fifth poorest country of the EU. However, Poland’s Gross Domestic Product per capita had been substantially lower in the past, before the country started to ...
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
Hungary Has “Growing Reputation In Brussels”
- 5 Jun 2015 9:00 AM
- current affairs
The reputation of Hungary’s government in European Union circles is “constantly growing”, Economy Minister Mihály Varga said after talks with a vice president of the European Commission. At a press conference held jointly with Valdis Dombrovskis, commissioner for the euro and social dialogue, Varga said that although there were disputes ongoing between Hungary and the EU, these issues mostly ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Hungarian Opposition Parties Lambast Govt’s Past 5 Years
- 1 Jun 2015 9:00 AM
- current affairs
Opposition parties have lambasted the last five years of government and criticised Prime Minister Viktor Orbán over his speech at a conference marking the fifth anniversary of his government on Friday. Hungary is a strong country with firm foundations, Orbán said.
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
EU Asks Hungary To Receive 1,100 Asylum Seekers
- 28 May 2015 9:00 AM
- current affairs
Hungary would be required to take in a total of 1,134 asylum seekers over the next two years under the latest European Commission proposal for dealing with the rise in refugees arriving at EU borders and coastlines. As the plan, released on Wednesday, envisages resettling 60,000 migrants, Hungary would be host to about 2% of the total.
Eurostat: Four Of The EU’s Twenty Poorest Regions Are In Hungary
- 27 May 2015 9:00 AM
- current affairs
Four Hungarian regions have been included on a list of the EU’s twenty poorest regions, compiled by Eurostat on the basis of a comparison of regions’ GDP per capita on 2013 price levels to the EU-28 average for that year. The results show that Central London is the most prosperous region, with its Gross Domestic Product amounting to 325 per cent of the EU average.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Hungary Among EU’s Poorest Members
- 18 Jun 2015 2:40 AM
- current affairs
Hungary is the fourth or fifth poorest member state of the European Union, sets of figures released by Eurostat yesterday reveal. The country’s per capita GDP is 68 per cent of the EU average, putting it on a par with Poland as the fourth or fifth poorest country of the EU. However, Poland’s Gross Domestic Product per capita had been substantially lower in the past, before the country started to ...
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
Hungary Has “Growing Reputation In Brussels”
- 5 Jun 2015 9:00 AM
- current affairs
The reputation of Hungary’s government in European Union circles is “constantly growing”, Economy Minister Mihály Varga said after talks with a vice president of the European Commission. At a press conference held jointly with Valdis Dombrovskis, commissioner for the euro and social dialogue, Varga said that although there were disputes ongoing between Hungary and the EU, these issues mostly ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Hungarian Opposition Parties Lambast Govt’s Past 5 Years
- 1 Jun 2015 9:00 AM
- current affairs
Opposition parties have lambasted the last five years of government and criticised Prime Minister Viktor Orbán over his speech at a conference marking the fifth anniversary of his government on Friday. Hungary is a strong country with firm foundations, Orbán said.
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
EU Asks Hungary To Receive 1,100 Asylum Seekers
- 28 May 2015 9:00 AM
- current affairs
Hungary would be required to take in a total of 1,134 asylum seekers over the next two years under the latest European Commission proposal for dealing with the rise in refugees arriving at EU borders and coastlines. As the plan, released on Wednesday, envisages resettling 60,000 migrants, Hungary would be host to about 2% of the total.
Eurostat: Four Of The EU’s Twenty Poorest Regions Are In Hungary
- 27 May 2015 9:00 AM
- current affairs
Four Hungarian regions have been included on a list of the EU’s twenty poorest regions, compiled by Eurostat on the basis of a comparison of regions’ GDP per capita on 2013 price levels to the EU-28 average for that year. The results show that Central London is the most prosperous region, with its Gross Domestic Product amounting to 325 per cent of the EU average.