280 result(s) for hungary export market
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Economy Minister Hails American Contribution To Hungary’s Economy
- 1 Jul 2015 9:00 AM
- business
Hungary has managed to successfully confront the financial crisis the repercussions of which Greece is suffering from even today, the Hungarian economy minister said at the business forum organized by the American Chamber of Commerce in Hungary. Investment and more efficient use of EU funds are likely to be the main drivers of future economic growth in Hungary, Mihály Varga said.
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
WHO: World No Tobacco Day, Hungary, 31 May
- 29 May 2015 9:01 AM
- health & wellness
Eliminating the illicit trade in tobacco would generate an annual tax windfall of US$ 31 billion for governments, improve public health, help cut crime and curb an important revenue source for the tobacco industry. Those are the key themes of World No Tobacco Day on May 31 when the World Health Organization will urge Member States to sign the Protocol to Eliminate the Illicit Trade in Tobacco ...
Hungary Could Become AIIB Member In H2 2015
- 16 Apr 2015 9:00 AM
- current affairs
Hungary could become a member of the Asian Infrastructure Investment Bank (AIIB) in the second half of this year, Foreign Minister Péter Szijjártó said. Hungary will not be a founding member but has applied to be an ordinary member, he told MTI after the list of founding members was finalised.
Balaton Sound Festival Hungary: Beach Party With The Biggest Names
- 15 Apr 2015 9:00 AM
- entertainment
There is no stopping when it comes to the line-up of MasterCard Balaton Sound. Besides the EDM superstars, organizers have now announced prominent names as Jason Derulo, Pusha T and Ludacris as well as several names for fans of house, tech house and minimal electronica. The 4+1 day party on the beach of Lake Balaton is held between 8-12 July in Zamárdi, Hungary.
Easter Holiday Boosts Retail Sales In Hungary
- 3 Apr 2015 9:00 AM
- shopping
Retail sales in the run-up to the Easter holiday are expected to rise by 60 billion forints, about the same amount as last year, according to the National Retail Association (OKSZ). Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos. This year’s sales were helped by the decision by some retailers to keep their ...
Századvég Lowers Hungary’s GDP, Inflation Forecast For 2015
- 23 Sep 2015 9:00 AM
- business
Economic research institute Századvég has lowered its GDP growth forecast to 3.1% for 2015 from 3.4% forecast in June. The economy was weaker than expected in the second quarter, the think-tank said, adding that the deterioration in the economic outlook is related to one-off factors which do not affect Hungary’s growth potential. Economic output is expected to grow by 2.5% in 2016 compared with ...
Standard & Poor’s Affirmed Hungary’s Credit Rating
- 22 Sep 2015 9:01 AM
- business
The agency maintained the country’s rating with stable outlook. In the analysis accompanying the decision, S&P stressed that that Hungarian labour force was well educated and competitive, and the export structure was balanced. Improving domestic consumption, declining unemployment, the utilization of EU funds and the central bank’s lending programme have also driven economic growth.
Economy Minister Hails American Contribution To Hungary’s Economy
- 1 Jul 2015 9:00 AM
- business
Hungary has managed to successfully confront the financial crisis the repercussions of which Greece is suffering from even today, the Hungarian economy minister said at the business forum organized by the American Chamber of Commerce in Hungary. Investment and more efficient use of EU funds are likely to be the main drivers of future economic growth in Hungary, Mihály Varga said.
PM: Hungary Is An Open And Friendly Country
- 10 Jun 2015 9:00 AM
- current affairs
In Budapest on Tuesday, at the annual general assembly of the Union of Arab Banks, Prime Minister Viktor Orbán said that Hungary is an open and friendly country where there are no obstacles to investment. Foreign investors create jobs in Hungary, and for this reason they are our friends, the Prime Minister said.
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
WHO: World No Tobacco Day, Hungary, 31 May
- 29 May 2015 9:01 AM
- health & wellness
Eliminating the illicit trade in tobacco would generate an annual tax windfall of US$ 31 billion for governments, improve public health, help cut crime and curb an important revenue source for the tobacco industry. Those are the key themes of World No Tobacco Day on May 31 when the World Health Organization will urge Member States to sign the Protocol to Eliminate the Illicit Trade in Tobacco ...
Hungary Could Become AIIB Member In H2 2015
- 16 Apr 2015 9:00 AM
- current affairs
Hungary could become a member of the Asian Infrastructure Investment Bank (AIIB) in the second half of this year, Foreign Minister Péter Szijjártó said. Hungary will not be a founding member but has applied to be an ordinary member, he told MTI after the list of founding members was finalised.
Balaton Sound Festival Hungary: Beach Party With The Biggest Names
- 15 Apr 2015 9:00 AM
- entertainment
There is no stopping when it comes to the line-up of MasterCard Balaton Sound. Besides the EDM superstars, organizers have now announced prominent names as Jason Derulo, Pusha T and Ludacris as well as several names for fans of house, tech house and minimal electronica. The 4+1 day party on the beach of Lake Balaton is held between 8-12 July in Zamárdi, Hungary.
Easter Holiday Boosts Retail Sales In Hungary
- 3 Apr 2015 9:00 AM
- shopping
Retail sales in the run-up to the Easter holiday are expected to rise by 60 billion forints, about the same amount as last year, according to the National Retail Association (OKSZ). Last year’s retail sales around the holiday were up from 45 -50 billion in the preceding years, said OKSZ chief secretary György Vámos. This year’s sales were helped by the decision by some retailers to keep their ...