1,038 result(s) for investments
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 Has Not Yet Won Any Funding From Juncker Stimulus
- 2 Jun 2016 9:00 AM
- business
Hungary has not won any funding for a single project from the 313 billion euros made available under the ‘Juncker package’, the opposition Democratic Coalition (DK) said.
Flooding Of Europe By Migrants Cannot Be Repeated
- 1 Jun 2016 9:00 AM
- current affairs
A situation where hundreds of thousands of people flood the continent without any control, as happened in 2015, cannot be repeated, Foreign Minister Péter Szijjártó said after holding talks in Copenhagen. The minister said in an MTI phone interview that a joint European solution was needed to settle the migration crisis.
Hungary Investment Volume Down 9.6% In Q1
- 31 May 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 9.6% in the first quarter of 2016, the Central Statistical Office said. Investment volume fell after growing by 7% in the fourth quarter of 2015. Investment contraction was mainly due to the winding up of developments financed from European Union resources, which affected investments by central budget organisations to a larger extent. In areas less ...
More Hungarians Have Savings
- 26 May 2016 9:00 AM
- business
The proportion of Hungarians who were able to make regular savings rose to 55% from 33% two years ago, according to a survey of internet users by fund manager Budapest Alapkezelõ.
Bloomberg Reports On Spending By MNB Foundations
- 26 May 2016 6:35 AM
- current affairs
The “web of patronage” revealed when spending by central bank foundations was made public in April has shocked Hungarians, according to an extensive report published by Bloomberg at noon today. “Even seasoned trackers of corruption in the former Soviet Bloc say they’re startled by the audacity the documents reveal,” the report says.
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Budapest Local Govt Plans To Renovate Chain Bridge
- 20 May 2016 9:00 AM
- getting around
Budapest mayor István Tarlós has announced plans to renovate the city’s iconic Chain Bridge and remodel Blaha Lujza Square in central Budapest. Speaking at an AmCham event, Tarlós said the Buda Castle tunnel was also a contender for renovation and plans are to revamp the Cog-Wheel railway, extending it to Széll Kálmán Square in one direction and all the way to Normafa Hill in the other.
Opposition: Orbán Hungary’s Richest Man With EUR 650m Handled By “Front Men”
- 17 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán is Hungary’s richest man with 205 billion forints (EUR 650m) managed by his “front men”, the opposition Egyutt party told a press conference on Saturday. Citing the party’s own calculations based on a list of the wealthiest 100 Hungarians published recently, co-leader Viktor Szigetvári said just because Orbán has asked family members and fellow politicians to handle ...
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 Has Not Yet Won Any Funding From Juncker Stimulus
- 2 Jun 2016 9:00 AM
- business
Hungary has not won any funding for a single project from the 313 billion euros made available under the ‘Juncker package’, the opposition Democratic Coalition (DK) said.
Flooding Of Europe By Migrants Cannot Be Repeated
- 1 Jun 2016 9:00 AM
- current affairs
A situation where hundreds of thousands of people flood the continent without any control, as happened in 2015, cannot be repeated, Foreign Minister Péter Szijjártó said after holding talks in Copenhagen. The minister said in an MTI phone interview that a joint European solution was needed to settle the migration crisis.
Hungary Investment Volume Down 9.6% In Q1
- 31 May 2016 9:00 AM
- business
Investment volume in Hungary fell by an annual 9.6% in the first quarter of 2016, the Central Statistical Office said. Investment volume fell after growing by 7% in the fourth quarter of 2015. Investment contraction was mainly due to the winding up of developments financed from European Union resources, which affected investments by central budget organisations to a larger extent. In areas less ...
More Hungarians Have Savings
- 26 May 2016 9:00 AM
- business
The proportion of Hungarians who were able to make regular savings rose to 55% from 33% two years ago, according to a survey of internet users by fund manager Budapest Alapkezelõ.
Bloomberg Reports On Spending By MNB Foundations
- 26 May 2016 6:35 AM
- current affairs
The “web of patronage” revealed when spending by central bank foundations was made public in April has shocked Hungarians, according to an extensive report published by Bloomberg at noon today. “Even seasoned trackers of corruption in the former Soviet Bloc say they’re startled by the audacity the documents reveal,” the report says.
Finance Minister Varga: Fitch Upgrade Evidence Of Reforms
- 23 May 2016 9:00 AM
- business
An upgrade of Hungary back to investment grade by ratings agency Fitch on Friday is a result of economic reforms the government started in 2010, Economy Minister Mihály Varga said at a press conference on Saturday. The upgrade is evidence that the Hungarian economic restructuring has been a success, that the Hungarian reforms are working, Varga said.
Budapest Local Govt Plans To Renovate Chain Bridge
- 20 May 2016 9:00 AM
- getting around
Budapest mayor István Tarlós has announced plans to renovate the city’s iconic Chain Bridge and remodel Blaha Lujza Square in central Budapest. Speaking at an AmCham event, Tarlós said the Buda Castle tunnel was also a contender for renovation and plans are to revamp the Cog-Wheel railway, extending it to Széll Kálmán Square in one direction and all the way to Normafa Hill in the other.
Opposition: Orbán Hungary’s Richest Man With EUR 650m Handled By “Front Men”
- 17 May 2016 9:00 AM
- current affairs
Prime Minister Viktor Orbán is Hungary’s richest man with 205 billion forints (EUR 650m) managed by his “front men”, the opposition Egyutt party told a press conference on Saturday. Citing the party’s own calculations based on a list of the wealthiest 100 Hungarians published recently, co-leader Viktor Szigetvári said just because Orbán has asked family members and fellow politicians to handle ...