494 result(s) for gdp growth in Articles
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Varga: Brexit Could Slow Hungarian GDP Growth By 0.4%
- 20 Jun 2016 9:00 AM
- business
The exit of Great Britain from the European Union could slow the speed of Hungarian GDP growth by 0.3-0.4 of a percentage point, National Economy Minister Mihály Varga said at a press conference regarding the 2017 Hungarian budget bill.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Hungary’s Q1 2016 GDP Growth Falls Far Short Of Projections
- 24 May 2016 9:00 AM
- business
Hungary’s GDP growth in the first quarter slowed to .09 percent, or roughly half what some analysts had predicted, according to online daily vg.hu. Compared to the same period in 2015, GDP growth has decreased by .8 percentage points.
Test Track For Selfdriving Cars To Be Built In W Hungary
- 20 May 2016 9:00 AM
- getting around
The government plans to build a test track for, primarily, driverless cars, in Zalaegerszeg, in western Hungary, Prime Minister Viktor Orbán announced on Thursday. Speaking at the “Cars of the Future” conference at the Budapest University of Technology and Economics, Orbán called the test track a major investment, “the like of which cannot be found” within 500 kilometres of Hungary.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Xpat Opinion: The Balance Of Two Years In Government
- 11 Apr 2016 9:00 AM
- current affairs
A liberal analyst thinks Hungary has deviated from its strategic goal of catching up with the most advanced countries, while a pro-government pundit sees the past two years as a succession of positive developments in the economy.
In Élet és Irodalom, economist Éva Várhegyi claims that despite the transfer of substantial EU funds to Hungary every year, the distance in terms of per capita GDP ...
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Varga: Brexit Could Slow Hungarian GDP Growth By 0.4%
- 20 Jun 2016 9:00 AM
- business
The exit of Great Britain from the European Union could slow the speed of Hungarian GDP growth by 0.3-0.4 of a percentage point, National Economy Minister Mihály Varga said at a press conference regarding the 2017 Hungarian budget bill.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Hungary’s Q1 2016 GDP Growth Falls Far Short Of Projections
- 24 May 2016 9:00 AM
- business
Hungary’s GDP growth in the first quarter slowed to .09 percent, or roughly half what some analysts had predicted, according to online daily vg.hu. Compared to the same period in 2015, GDP growth has decreased by .8 percentage points.
Test Track For Selfdriving Cars To Be Built In W Hungary
- 20 May 2016 9:00 AM
- getting around
The government plans to build a test track for, primarily, driverless cars, in Zalaegerszeg, in western Hungary, Prime Minister Viktor Orbán announced on Thursday. Speaking at the “Cars of the Future” conference at the Budapest University of Technology and Economics, Orbán called the test track a major investment, “the like of which cannot be found” within 500 kilometres of Hungary.
Varga: Govt To Mull Single-Digit Income Tax In 2017
- 26 Apr 2016 9:00 AM
- business
The question whether to introduce a single-digit income tax will be broached next year, the economy minister said in an interview to business daily Világgazdaság. Mihály Varga said that reducing the tax from the current 15% would lead to revenue losses amounting to 600 billion forints (EUR 1.9bn). But if the rate of growth stays on its current trajectory and the government succeeds in ...
Xpat Opinion: The Balance Of Two Years In Government
- 11 Apr 2016 9:00 AM
- current affairs
A liberal analyst thinks Hungary has deviated from its strategic goal of catching up with the most advanced countries, while a pro-government pundit sees the past two years as a succession of positive developments in the economy.
In Élet és Irodalom, economist Éva Várhegyi claims that despite the transfer of substantial EU funds to Hungary every year, the distance in terms of per capita GDP ...
National Bank Of Hungary Announces HUF 95 Billion Profit For 2015
- 23 Feb 2016 8:00 AM
- business
The National Bank of Hungary (MNB) today said it had posted a record HUF 95 billion in profit last year, Hungarian news agency MTI reported.
Xpat Opinion: Government Plans Zero Budget Deficit
- 22 Feb 2016 8:00 AM
- business
Centrist, conservative and pro-government columnists welcome the government’s plans to cut the deficit to zero by 2017 and thus reduce public debt.