532 result(s) for gdp growth
Fidesz Wins Two-Thirds Majority In Hungarian Election
- 26 Apr 2010 6:00 AM
- current affairs
"Hungary’s centre-right Fidesz has on Sunday won a two-thirds legislative majority with 262 mandates in the 386-seat Parliament. This was the second round of Hungary’s general elections. Fidesz failed to win in only three of the remaining 57 individual districts. With nearly 98% of the votes processed far-right Jobbik seems to have secured 47 seats, while the Socialist Party (MSZP) will have 59 ...
Hungary's Fidesz To Focus On Growth, Competitiveness
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s budget deficit will reach the full-year target by the end of May and that, i.e. the real state of the economy, needs to be understood by the IMF, the European Commission and analysts too, said Viktor Orbán, who looks to be en route to shortly become Hungary’s next Prime Minister.
Hungary's Forint Remains Top Eye-Catcher In EM
- 1 Apr 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the third month in a row. The latest run of CS’s currency model, the "Scorecard", suggests being long HUF, BRL and PLN against being short IDR, INR, ZAR and RUB vs. USD in April 2010, Credit Suisse said on Wednesday.
Hungarian PM To CNBC: Support For Greece Good Choice, Hungarian Budget On Track
- 29 Mar 2010 3:00 AM
- current affairs
"The leaders of 16 European Union nations that share the euro have come to terms about a rescue plan for Greece, agreeing that if the troubled country runs out of fundraising options, help will come from both the EU and the International Monetary Fund (IMF). Hungarian Prime Minister Gordon Bajnai urged euro zone leaders before to given Athens "breathing space" and help it access IMF loans.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Consumption, Investments Drag On GDP
- 17 Mar 2010 2:00 AM
- shopping
"Hungary’s economy shrank by 4% year-on-year in the fourth quarter and 6.3% in 2009 as a whole, the biggest annual drop in GDP since 1990, according to the revised and detailed figures of the Central Statistical Office.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Fidesz Wins Two-Thirds Majority In Hungarian Election
- 26 Apr 2010 6:00 AM
- current affairs
"Hungary’s centre-right Fidesz has on Sunday won a two-thirds legislative majority with 262 mandates in the 386-seat Parliament. This was the second round of Hungary’s general elections. Fidesz failed to win in only three of the remaining 57 individual districts. With nearly 98% of the votes processed far-right Jobbik seems to have secured 47 seats, while the Socialist Party (MSZP) will have 59 ...
Hungary's Fidesz To Focus On Growth, Competitiveness
- 14 Apr 2010 4:00 AM
- current affairs
"Hungary’s budget deficit will reach the full-year target by the end of May and that, i.e. the real state of the economy, needs to be understood by the IMF, the European Commission and analysts too, said Viktor Orbán, who looks to be en route to shortly become Hungary’s next Prime Minister.
Hungary's Forint Remains Top Eye-Catcher In EM
- 1 Apr 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the third month in a row. The latest run of CS’s currency model, the "Scorecard", suggests being long HUF, BRL and PLN against being short IDR, INR, ZAR and RUB vs. USD in April 2010, Credit Suisse said on Wednesday.
Hungarian PM To CNBC: Support For Greece Good Choice, Hungarian Budget On Track
- 29 Mar 2010 3:00 AM
- current affairs
"The leaders of 16 European Union nations that share the euro have come to terms about a rescue plan for Greece, agreeing that if the troubled country runs out of fundraising options, help will come from both the EU and the International Monetary Fund (IMF). Hungarian Prime Minister Gordon Bajnai urged euro zone leaders before to given Athens "breathing space" and help it access IMF loans.
Hungary Euro Adoption Further In The Distance
- 26 Mar 2010 2:00 AM
- business
"The market has raised its deficit forecast for 2010 for the sixth month in a row, a Reuters poll conducted between March 22 and 25 and published on Thursday showed. According to the consensus forecast of analysts, the central bank (NBH) will continue its rate cut cycle next Monday, with only three of the 27 respondents projecting unchanged rates.
JPmorgan Sees Hungary's Forint At 250 vs EUR By End-2011
- 22 Mar 2010 1:00 AM
- business
"Hungary’s forint could firm to 250 versus the euro by the end of 2011, and the country is likely to be the first in the region to join the euro zone, JPMorgan projected in its latest quarterly research note on Friday. While JPMorgan’s analysts expect the Hungarian economy to grow by 0.5% this year, UBS is less upbeat, forecasting a 0.5% GDP contraction.
Consumption, Investments Drag On GDP
- 17 Mar 2010 2:00 AM
- shopping
"Hungary’s economy shrank by 4% year-on-year in the fourth quarter and 6.3% in 2009 as a whole, the biggest annual drop in GDP since 1990, according to the revised and detailed figures of the Central Statistical Office.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...