1,575 result(s) for impact
Hungary’s Monetary Council Assesses Economic Trends, Prospects
- 24 Dec 2015 8:00 AM
- business
Hungary’s economic growth continued but a degree of unused capacity remained in the economy, and the domestic real economic environment continued to have a disinflationary impact, the Monetary Council of the National Bank of Hungary (NBH) concluded in its December 15 policy meeting. According to the condensed minutes of the meeting released on Wednesday, the members unanimously voted to keep the ...
Xpat Opinion: European Parliament Condemns Hungary
- 21 Dec 2015 8:00 AM
- current affairs
The number one left-wing daily is sceptical about the impact of the resolution adopted by the left-liberal majority of MEPs, accusing Hungary of systematically violating basic European values.
All Hungarian Ministries To Cancel Contracts With Magyar Telekom
- 18 Dec 2015 8:00 AM
- business
The government has instructed all ministries and their institutions to cancel their contracts with Magyar Telekom, the local unit of Deutsche Telekom, government spokesman Zoltán Kovács said. He said the move would affect mobile internet subscriptions, but would not impact the partnership agreement between Telekom and the government.
CEO ’s More Optimistic About Hungarian Economy
- 17 Dec 2015 10:50 AM
- business
Four out of five Hungarian CEOs believe the Hungarian economic output will grow or be stable in the future, which is around 20% higher compared with a year ago, consultancy EY said, citing its Capital Confidence Barometer. Fully 45% of respondents said they were planning on hiring more workers in the next 12 months.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
110 Year Search For Sultan Suleiman In Hungary Seems Fruitful
- 10 Dec 2015 8:00 AM
- community & culture
Professor Norbert Pap, who led the discovery of what is thought to be the tomb of Ottoman Grand Sultan Suleiman the Magnificent, said in an interview with MTI that in 2013 his team of geographers, historians and archaeologists, using new methodologies in their respective fields, discovered the ruins of the Ottoman settlement known as Turbék, a name derived from the Turkish word “turbeh” meaning ...
Lufthansa To Launch Debrecen-Munich Flight As Hungary’s Second City “Opens Up To The World”
- 9 Dec 2015 1:00 AM
- travel
Germany’s flagship carrier Lufthansa has announced that it is launching a direct flight connecting the Bavarian capital Munich with Hungary’s second city of Debrecen from next April. Lufthansa will operate the flight all-year-round, three times a week, the company’s regional director for the Central-East European region said.
Demographic Trends Present Difficulties For Growth And Labour Market In Hungary
- 8 Dec 2015 8:00 AM
- business
By 2060, the old-age dependency ratio may double in Hungary compared to the present level, and the burdens on economically active age groups may significantly increase in the coming decades as a result of population ageing, the National Bank of Hungary (NBH) said in its Growth Report. It said the old-age dependency ratio could increase from 26% in 2015 to 52% by 2060, parallel with a decline in ...
Hungary In Talks With Brussels On More Than HUF 600BN Of Funding
- 8 Dec 2015 4:00 AM
- business
Hungary is still in talks with the European Commission on more than 600 billion forints (EUR 1.92bn) in European Union funding for the 2007- 2013 period, state secretary Péter Benő Banai said. A Monday release by the economy ministry showed Hungary’s cash-flowbased budget deficit, excluding local councils, reached 970.7 billion forints at the end of November or 108.8% of the full-year target.
Hungary’s Monetary Council Assesses Economic Trends, Prospects
- 24 Dec 2015 8:00 AM
- business
Hungary’s economic growth continued but a degree of unused capacity remained in the economy, and the domestic real economic environment continued to have a disinflationary impact, the Monetary Council of the National Bank of Hungary (NBH) concluded in its December 15 policy meeting. According to the condensed minutes of the meeting released on Wednesday, the members unanimously voted to keep the ...
Xpat Opinion: European Parliament Condemns Hungary
- 21 Dec 2015 8:00 AM
- current affairs
The number one left-wing daily is sceptical about the impact of the resolution adopted by the left-liberal majority of MEPs, accusing Hungary of systematically violating basic European values.
All Hungarian Ministries To Cancel Contracts With Magyar Telekom
- 18 Dec 2015 8:00 AM
- business
The government has instructed all ministries and their institutions to cancel their contracts with Magyar Telekom, the local unit of Deutsche Telekom, government spokesman Zoltán Kovács said. He said the move would affect mobile internet subscriptions, but would not impact the partnership agreement between Telekom and the government.
CEO ’s More Optimistic About Hungarian Economy
- 17 Dec 2015 10:50 AM
- business
Four out of five Hungarian CEOs believe the Hungarian economic output will grow or be stable in the future, which is around 20% higher compared with a year ago, consultancy EY said, citing its Capital Confidence Barometer. Fully 45% of respondents said they were planning on hiring more workers in the next 12 months.
Analysts Expect Hungarian National Bank Announcement Re Liquidity
- 14 Dec 2015 8:00 AM
- business
The MNB’s monetary council is widely expected to keep the rate on hold at 1.35% at the last rate-setting meeting of the year on Tuesday. Instead, analysts are turning their attention to the possible expansion of non-conventional monetary tools, designed to redirect deposits held at the central bank by banks to the bond market. The MNB is also expected to announce its revised growth targets.
110 Year Search For Sultan Suleiman In Hungary Seems Fruitful
- 10 Dec 2015 8:00 AM
- community & culture
Professor Norbert Pap, who led the discovery of what is thought to be the tomb of Ottoman Grand Sultan Suleiman the Magnificent, said in an interview with MTI that in 2013 his team of geographers, historians and archaeologists, using new methodologies in their respective fields, discovered the ruins of the Ottoman settlement known as Turbék, a name derived from the Turkish word “turbeh” meaning ...
Lufthansa To Launch Debrecen-Munich Flight As Hungary’s Second City “Opens Up To The World”
- 9 Dec 2015 1:00 AM
- travel
Germany’s flagship carrier Lufthansa has announced that it is launching a direct flight connecting the Bavarian capital Munich with Hungary’s second city of Debrecen from next April. Lufthansa will operate the flight all-year-round, three times a week, the company’s regional director for the Central-East European region said.
Demographic Trends Present Difficulties For Growth And Labour Market In Hungary
- 8 Dec 2015 8:00 AM
- business
By 2060, the old-age dependency ratio may double in Hungary compared to the present level, and the burdens on economically active age groups may significantly increase in the coming decades as a result of population ageing, the National Bank of Hungary (NBH) said in its Growth Report. It said the old-age dependency ratio could increase from 26% in 2015 to 52% by 2060, parallel with a decline in ...
Hungary In Talks With Brussels On More Than HUF 600BN Of Funding
- 8 Dec 2015 4:00 AM
- business
Hungary is still in talks with the European Commission on more than 600 billion forints (EUR 1.92bn) in European Union funding for the 2007- 2013 period, state secretary Péter Benő Banai said. A Monday release by the economy ministry showed Hungary’s cash-flowbased budget deficit, excluding local councils, reached 970.7 billion forints at the end of November or 108.8% of the full-year target.