966 result(s) for gdp
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
Merrill Sees Hungary's Potential Debt Upgrade
- 20 Jan 2015 8:00 AM
- business
Hungary’s current account surplus, low budget deficit and growth figures support an upgrade of the country’s sovereign debt into the investment category, Merrill Lynch analysts wrote in their latest report on the prospects for Eastern Europe to 2020.
Foreign Policy Transformation In Hungary “Reaches Halfway Point”
- 31 Dec 2014 8:00 AM
- current affairs
The ongoing transformation of Hungary’s foreign policy aimed at enforcing the country’s economic interests more effectively has reached the halfway point, Péter Szijjártó, the minister of foreign affairs and trade, said in an interview to MTI.
Xpat Opinion: Conservative Commentators On The EU & Sovereignty
- 29 Dec 2014 8:00 AM
- current affairs
A conservative columnist believes that Hungary has gained a unique opportunity to increase economic output through access to EU funds, while her sovereignty has also increased through EU membership. Another conservative analyst, however, accuses the European Commission of serving business interests rather than EU citizens.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Nokia Closes Factory In Komárom, Hungary
- 1 Dec 2014 8:00 AM
- tech
Nokia has announced the lay-off of the last 24 employees at its factory in Komárom and officially shut down the plant, putting an end to its 14 years of operations in Hungary.
Forint Strengthens As Hungary Welcomes ECB Announcement
- 28 Jan 2015 8:00 AM
- business
Hungary’s forint got a boost from a falling euro against the dollar after the European Cental Bank (ECB) announced an extended asset purchase programme comprising sovereign euro area debt. Forint is now trading at 311,5 to the euro on the interbank forex market, up from 315.31 late Wednesday. Forint hit an all-time low at 327.62 last Thursday. Hungary’s Economy Ministry also welcomed the ...
Lending Scheme To Be Expanded To Large Companies In Hungary
- 27 Jan 2015 8:00 AM
- business
The MNB would like to extend its present funding for growth program aiming at SMEs to include large companies, central bank governor György Matolcsy told the state radio.
Merrill Sees Hungary's Potential Debt Upgrade
- 20 Jan 2015 8:00 AM
- business
Hungary’s current account surplus, low budget deficit and growth figures support an upgrade of the country’s sovereign debt into the investment category, Merrill Lynch analysts wrote in their latest report on the prospects for Eastern Europe to 2020.
Foreign Policy Transformation In Hungary “Reaches Halfway Point”
- 31 Dec 2014 8:00 AM
- current affairs
The ongoing transformation of Hungary’s foreign policy aimed at enforcing the country’s economic interests more effectively has reached the halfway point, Péter Szijjártó, the minister of foreign affairs and trade, said in an interview to MTI.
Xpat Opinion: Conservative Commentators On The EU & Sovereignty
- 29 Dec 2014 8:00 AM
- current affairs
A conservative columnist believes that Hungary has gained a unique opportunity to increase economic output through access to EU funds, while her sovereignty has also increased through EU membership. Another conservative analyst, however, accuses the European Commission of serving business interests rather than EU citizens.
Hungary Seeks To Restore Domestic Ownership Of Major Enterprises
- 22 Dec 2014 8:00 AM
- current affairs
The Hungarian government is attempting to restore large enterprises to Hungarian state ownership. It is working hard to convince foreign owners to sell their assets to Hungarian investors. Heti Válasz offers a wrap-up of the four-year process, which includes, among other sectors, electricity generation and the media.
National Bank Of Hungary: Monetary Transmission To Be Strengthened By FX Loan Conversion
- 19 Dec 2014 8:00 AM
- business
Monetary transmission will be strengthened by the conversion of retail foreign-exchange loans into forints as it will eliminate the exposure of Hungarian households to foreign currency as well as the related risks, the National Bank of Hungary (NBH) said in its quarterly Inflation Report.
EC: Hungary On Track For Deficit Target, Not On Debt
- 3 Dec 2014 8:00 AM
- business
The European Commission said Hungary is “on track” to achieving this year’s deficit target of 2.9% of gross domestic product (GDP), but added that state debt is “not yet on a firm downward path” in a memo following a postprogramme surveillance mission to the country. The EC said that the projected pace of debt reduction “appears at risk of breaching the requirements of the Stability and Growth ...
Nokia Closes Factory In Komárom, Hungary
- 1 Dec 2014 8:00 AM
- tech
Nokia has announced the lay-off of the last 24 employees at its factory in Komárom and officially shut down the plant, putting an end to its 14 years of operations in Hungary.