159 result(s) for gdp rise
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
EU Asks Hungary To Receive 1,100 Asylum Seekers
- 28 May 2015 9:00 AM
- current affairs
Hungary would be required to take in a total of 1,134 asylum seekers over the next two years under the latest European Commission proposal for dealing with the rise in refugees arriving at EU borders and coastlines. As the plan, released on Wednesday, envisages resettling 60,000 migrants, Hungary would be host to about 2% of the total.
Budget Chapters In Hungary Set For 2016
- 14 May 2015 9:00 AM
- business
The defence budget will be just below 300 billion forints, up 50 billion forints from 2015. The ministry of defence will contribute 4 billion forints to NATO’s budget and 2.29 billion forints to NATO’s Security Investment Programme. The interior ministry, which includes law enforcement, will have its budget raised from 483.7 billion forints this year to 504.7 billion in 2016. The budget of local ...
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.
IMF Raises Hungarian Growth Forecast
- 8 Oct 2014 9:00 AM
- business
The IMF has increased its economic growth forecast for Hungary from 2% to 2.8% for this year, and from 1.7% to 2.3% next year, in its latest forecast. Growth is supported by monetary easing and state spending in Hungary, the IMF added.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Orbán: Growth Thanks To Hungarians’ Will To Work
- 18 Aug 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán has said the exceptional secondquarter economic growth data are down to the fact that Hungarians want to work. Speaking in an interview to public Kossuth Rádió, he commented on the 3.9% annual GDP increase, saying as long as people want to work such results would be forthcoming.
Hungary: Loving It, Leaving It
- 23 Jun 2014 9:00 AM
- current affairs
By David Landry: When I first came here, local folks mostly asked me “Why Hungary?” Now when I tell them I’m leaving, they say “It’s a good time.” So what has happened in the past 19 years?
Hungary’s 2016 Budget “Designed To Boost Economy, Help Families”
- 1 Jun 2015 9:00 AM
- business
The government seeks to promote job creation and boost the economy as well as provide assistance to families, a state secretary of the economy ministry said in his introduction to the parliamentary debate on next year’s budget. Béla Glattfelder said the bill would introduce changes to 18 laws, including rules governing efforts to reduce Hungary’s state debt. The current growth and inflation path ...
EU Asks Hungary To Receive 1,100 Asylum Seekers
- 28 May 2015 9:00 AM
- current affairs
Hungary would be required to take in a total of 1,134 asylum seekers over the next two years under the latest European Commission proposal for dealing with the rise in refugees arriving at EU borders and coastlines. As the plan, released on Wednesday, envisages resettling 60,000 migrants, Hungary would be host to about 2% of the total.
Budget Chapters In Hungary Set For 2016
- 14 May 2015 9:00 AM
- business
The defence budget will be just below 300 billion forints, up 50 billion forints from 2015. The ministry of defence will contribute 4 billion forints to NATO’s budget and 2.29 billion forints to NATO’s Security Investment Programme. The interior ministry, which includes law enforcement, will have its budget raised from 483.7 billion forints this year to 504.7 billion in 2016. The budget of local ...
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.
IMF Raises Hungarian Growth Forecast
- 8 Oct 2014 9:00 AM
- business
The IMF has increased its economic growth forecast for Hungary from 2% to 2.8% for this year, and from 1.7% to 2.3% next year, in its latest forecast. Growth is supported by monetary easing and state spending in Hungary, the IMF added.
Parties Comment On Hungary Debt Ratio Rise
- 19 Aug 2014 10:00 AM
- current affairs
Hungary’s public debt, calculated at nominal value, in line with Maastricht methodology, reached 25,432 billion forints (EUR 81.2bn), or 85.1% of GDP, at the end of June, preliminary data on financial accounts published by the National Bank of Hungary (NBH) on Monday show. Transactions raised the debt by 434 billion forints during the period. The weaker forint boosted it by 65 billion forints. ...
Orbán: Growth Thanks To Hungarians’ Will To Work
- 18 Aug 2014 9:00 AM
- current affairs
Prime Minister Viktor Orbán has said the exceptional secondquarter economic growth data are down to the fact that Hungarians want to work. Speaking in an interview to public Kossuth Rádió, he commented on the 3.9% annual GDP increase, saying as long as people want to work such results would be forthcoming.
Hungary: Loving It, Leaving It
- 23 Jun 2014 9:00 AM
- current affairs
By David Landry: When I first came here, local folks mostly asked me “Why Hungary?” Now when I tell them I’m leaving, they say “It’s a good time.” So what has happened in the past 19 years?