203 result(s) for lending
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
Hungary’s Economy Minister Conveys Govt Comments On EC Report
- 15 Apr 2015 3:00 AM
- current affairs
Economy Minister Mihály Varga at talks in Brussels with Jonathan Hill, EU commissioner for financial stability, financial services and capital markets union, addressed the European Commission’s country specific recommendations as well as a proposal for a union of capital markets.
Buddha Statue Removed From Hungarian Museum
- 23 Mar 2015 8:00 AM
- community & culture
A Buddha statue found to contain the 900-year-old mummified remains of a monk has been withdrawn by its owner from an exhibit in the Hungarian National History Museum, the museum’s spokeswoman said. Mónika Kiss-Stefán confirmed that the owner had the statue removed, without explanation, on Friday.
S&P Upgrades Hungary’s Rating To “BB Plus”
- 23 Mar 2015 8:00 AM
- business
Standard and Poor’s raised Hungary’s credit rating for long-term foreign currency and forint debt by one notch to “BB plus”. The international rating agency said that Hungary’s problems related to its external economic balance had significantly eased over the past few years.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Xpat Opinion: Hungary GDP Grows By 3.5 % In 2014
- 16 Feb 2015 8:00 AM
- business
After the publication of 2014 growth data which exceeds even the most optimistic estimates, the leading left-wing daily suggests that the government should spend more on welfare. A conservative columnist believes that fast economic growth can be sustained.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
EBRD: Hungary - Erste Deal To Create Better Environment For Banks
- 11 Feb 2015 8:00 AM
- business
Monday’s memorandum of understanding under which the state of Hungary and the European Bank for Reconstruction and Development (EBRD) will acquire a stake in Erste Bank Hungary could contribute to a “stable and predictable” environment for the banking sector in Hungary, President Suma Chakrabarti, EBRD’s president, said.
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Hungary's PM: 2016 Budget Planning Means “Everyone Can Move Forward”
- 27 Apr 2015 10:00 AM
- business
Thanks to the government’s advance planning for the 2016 budget “everyone can move forward,” Prime Minister Viktor Orbán said in his regular Friday morning interview with public radio. The goal is to push the jobless rate down to around 3% by 2018- 2019, which in effect would mean full employment. Tax cuts are a means to stimulate employment and they are also tantamount to a pay rise, he added.
Hungary’s Economy Minister Conveys Govt Comments On EC Report
- 15 Apr 2015 3:00 AM
- current affairs
Economy Minister Mihály Varga at talks in Brussels with Jonathan Hill, EU commissioner for financial stability, financial services and capital markets union, addressed the European Commission’s country specific recommendations as well as a proposal for a union of capital markets.
Buddha Statue Removed From Hungarian Museum
- 23 Mar 2015 8:00 AM
- community & culture
A Buddha statue found to contain the 900-year-old mummified remains of a monk has been withdrawn by its owner from an exhibit in the Hungarian National History Museum, the museum’s spokeswoman said. Mónika Kiss-Stefán confirmed that the owner had the statue removed, without explanation, on Friday.
S&P Upgrades Hungary’s Rating To “BB Plus”
- 23 Mar 2015 8:00 AM
- business
Standard and Poor’s raised Hungary’s credit rating for long-term foreign currency and forint debt by one notch to “BB plus”. The international rating agency said that Hungary’s problems related to its external economic balance had significantly eased over the past few years.
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Xpat Opinion: Hungary GDP Grows By 3.5 % In 2014
- 16 Feb 2015 8:00 AM
- business
After the publication of 2014 growth data which exceeds even the most optimistic estimates, the leading left-wing daily suggests that the government should spend more on welfare. A conservative columnist believes that fast economic growth can be sustained.
Hungary Buys Stake In ERSTE, Pledges Bank Tax Cut
- 13 Feb 2015 8:00 AM
- business
Conservative pundits welcome the government’s decision to temporarily invest in ERSTE Bank Hungary and pledge to take out the surplus bank tax. This, they believe, will help consolidate the banking sector and boost lending. A left-wing commentator doubts that the government will fulfil its promises.
EBRD: Hungary - Erste Deal To Create Better Environment For Banks
- 11 Feb 2015 8:00 AM
- business
Monday’s memorandum of understanding under which the state of Hungary and the European Bank for Reconstruction and Development (EBRD) will acquire a stake in Erste Bank Hungary could contribute to a “stable and predictable” environment for the banking sector in Hungary, President Suma Chakrabarti, EBRD’s president, said.