192 result(s) for gdp growth in Business
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.
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”.
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 ...
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, ...
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.
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”.
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 ...
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, ...