615 result(s) for hungarian gdp
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.
Orbán: Govt To Spend Eur 3.9bn On Research Until 2020
- 3 May 2016 9:00 AM
- current affairs
The prime minister said the government is planning to spend a total of 1,200 billion forints (EUR 3.9bn) on research, development and innovation in the next four years. Addressing the opening ceremony of the general assembly of the Hungarian Academy of Sciences, Viktor Orbán said that the total will bring Hungary close to the European average of research spending-GDP ratio of 1.9%.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
Doctors Collect Signatures For ‘Sustainable Health Care’
- 2 Mar 2016 4:00 AM
- health & wellness
The trade union of junior doctors and specialists (ReSzaSz) is starting a signature drive for sustainable health care, the organisation said. ReSzaSz said it wants to be the government’s dedicated partner in developing a health-care system that will create sustainable and “dignified” circumstances for healing and being healed, so that Hungarians should not have the highest chance in Europe of ...
Four Hungarian Regions Among EU ’s Poorest
- 1 Mar 2016 8:00 AM
- current affairs
Four Hungarian regions are among the European Union’s twenty poorest, according to a Eurostat report. Magyar Nemzet and Világgazdaság cited the survey on Monday, noting that northern Hungary, the northern and southern parts of the Great Plains and the south-west region lagged behind severely, in spite of Hungary’s drawing down the biggest amount of EU funds from among the former East Bloc.
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.
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.
Orbán: Govt To Spend Eur 3.9bn On Research Until 2020
- 3 May 2016 9:00 AM
- current affairs
The prime minister said the government is planning to spend a total of 1,200 billion forints (EUR 3.9bn) on research, development and innovation in the next four years. Addressing the opening ceremony of the general assembly of the Hungarian Academy of Sciences, Viktor Orbán said that the total will bring Hungary close to the European average of research spending-GDP ratio of 1.9%.
Varga: Govt Aims For Lower VAT, But “Now Is Not The Time”
- 22 Apr 2016 9:00 AM
- business
Hungary’s government aims to reduce the 27% general value-added tax rate in the long term, though “now is not the time” for a cut, Economy Minister Mihály Varga said in an interview in the fresh issue of business weekly Figyelő. “It would be nice if the VAT rate could be reduced and the top rate brought to 25% or lower. This is in line with the cabinet’s long-term intentions, but now is not the ...
Hungary Fully Reimbursed IMF - European Commission Loan
- 7 Apr 2016 9:00 AM
- business
On 6 April 2016, the European Commission credited the last instalment, EUR 1.5bn, of the loan facility that the former Hungarian government had received from the IMF and the European Commission in 2008 and 2009, Minister for National Economy Mihály Varga announced. With this step, he added, the Government has reached its goal of creating economic policy independence also in terms of state ...
Hungary Rating Not Updated By Moody’s
- 7 Mar 2016 8:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency reported. Moody’s rates Hungary “Ba1”, one notch below investment grade. Analysts told MTI earlier in the week that Moody’s was likely to upgrade Hungary this year, but probably not on Friday.
Doctors Collect Signatures For ‘Sustainable Health Care’
- 2 Mar 2016 4:00 AM
- health & wellness
The trade union of junior doctors and specialists (ReSzaSz) is starting a signature drive for sustainable health care, the organisation said. ReSzaSz said it wants to be the government’s dedicated partner in developing a health-care system that will create sustainable and “dignified” circumstances for healing and being healed, so that Hungarians should not have the highest chance in Europe of ...
Four Hungarian Regions Among EU ’s Poorest
- 1 Mar 2016 8:00 AM
- current affairs
Four Hungarian regions are among the European Union’s twenty poorest, according to a Eurostat report. Magyar Nemzet and Világgazdaság cited the survey on Monday, noting that northern Hungary, the northern and southern parts of the Great Plains and the south-west region lagged behind severely, in spite of Hungary’s drawing down the biggest amount of EU funds from among the former East Bloc.
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.