307 result(s) for gdp in Business
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
More Hungarian Women In Employment
- 21 Jul 2016 9:00 AM
- business
The ratio of women in regular employment has been increasing in Hungary thanks to the government’s family support measures, a state secretary at the human resources ministry said. Measures implemented since January this year include redesigning the nursery system to provide care for children in family operated nurseries and in the workplace, Katalin Novák said.
Varga: Strong National Economies Key To Europe’s Rebound After Brexit
- 13 Jul 2016 9:00 AM
- business
Sovereign national economies are key to Europe regaining its competitiveness after Britain’s exit from the bloc, Economy Minister Mihály Varga told a meeting of the EU’s finance ministers in Brussels. The EU ministers met to discuss, among other things, measures that need to be taken at the national and EU levels to offset the negative effects of Brexit, a statement from the economy ministry said.
Research Institute Lowers GDP Growth Projections For 2016, 2017
- 13 Jul 2016 9:00 AM
- business
Research institute Kopint-Tárki on Tuesday said it lowered its GDP growth projections for Hungary for this year and next to 2.2 percent and 2.7 percent, respectively, because of the slower-than-expected recovery and downside risk posed by the UK’s decision to leave the EU. Earlier, Kopint-Tárki had projected GDP growth of 2.4 percent for 2016 and 2.9 percent for 2017.
Moody’s Could Upgrade Hungary In November
- 12 Jul 2016 9:00 AM
- business
Moody’s decision to postpone a review of Hungary’s sovereign rating scheduled for Friday may have been a disappointment, but the ratings agency could still put the country back into investment grade at its next review in November, analysts said. Moody’s kept Hungary’s sovereign rating at “Ba1”, one notch below investment grade. The outlook for the rating is “positive”.
Moody’s Could Upgrade Hungary In November
- 12 Jul 2016 12:00 AM
- http://www.hatc.hu
- business
Moody’s decision to postpone a review of Hungary’s sovereign rating scheduled for Friday may have been a disappointment, but the ratings agency could still put the country back into investment grade at its next review in November, analysts said. Moody’s kept Hungary’s sovereign rating at “Ba1”, one notch below investment grade. The outlook for the rating is “positive”.
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
More Hungarian Women In Employment
- 21 Jul 2016 9:00 AM
- business
The ratio of women in regular employment has been increasing in Hungary thanks to the government’s family support measures, a state secretary at the human resources ministry said. Measures implemented since January this year include redesigning the nursery system to provide care for children in family operated nurseries and in the workplace, Katalin Novák said.
Varga: Strong National Economies Key To Europe’s Rebound After Brexit
- 13 Jul 2016 9:00 AM
- business
Sovereign national economies are key to Europe regaining its competitiveness after Britain’s exit from the bloc, Economy Minister Mihály Varga told a meeting of the EU’s finance ministers in Brussels. The EU ministers met to discuss, among other things, measures that need to be taken at the national and EU levels to offset the negative effects of Brexit, a statement from the economy ministry said.
Research Institute Lowers GDP Growth Projections For 2016, 2017
- 13 Jul 2016 9:00 AM
- business
Research institute Kopint-Tárki on Tuesday said it lowered its GDP growth projections for Hungary for this year and next to 2.2 percent and 2.7 percent, respectively, because of the slower-than-expected recovery and downside risk posed by the UK’s decision to leave the EU. Earlier, Kopint-Tárki had projected GDP growth of 2.4 percent for 2016 and 2.9 percent for 2017.
Moody’s Could Upgrade Hungary In November
- 12 Jul 2016 9:00 AM
- business
Moody’s decision to postpone a review of Hungary’s sovereign rating scheduled for Friday may have been a disappointment, but the ratings agency could still put the country back into investment grade at its next review in November, analysts said. Moody’s kept Hungary’s sovereign rating at “Ba1”, one notch below investment grade. The outlook for the rating is “positive”.
Moody’s Could Upgrade Hungary In November
- 12 Jul 2016 12:00 AM
- http://www.hatc.hu
- business
Moody’s decision to postpone a review of Hungary’s sovereign rating scheduled for Friday may have been a disappointment, but the ratings agency could still put the country back into investment grade at its next review in November, analysts said. Moody’s kept Hungary’s sovereign rating at “Ba1”, one notch below investment grade. The outlook for the rating is “positive”.
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...