1,328 result(s) for national economy
Foreign Currency Denominated Mortgages For Home Purchases In Hungary Shall Be Phased Out
- 25 Jul 2013 9:00 AM
- property
The Minister for National Economy is about to start negotiations with credit- and financial institutions active in the field of domestic lending. Minister Varga said that in the opinion of the Government foreign currency denominated mortgages for home purchases need to be eliminated from the domestic lending market in a way which “takes into consideration the aspects of timing and burden-bearing”.
Hungary's PM Addressed Annual Ambassadors’ Meeting
- 17 Jul 2013 9:00 AM
- current affairs
Hungary has a vested interest in seeing the success of the Eurozone, as we are linked to the bloc in many ways, Prime Minister Viktor Orbán said, addressing the annual meeting of ambassadors in Budapest on Tuesday.
Hungary Now Fulfils Two Euro Zone Accession Criteria
- 16 Jul 2013 9:00 AM
- current affairs
Hungary has already achieved compliance with two out of the three euro zone accession requirements: those on inflation and the government fiscal deficit, Minister for National Economy Mihály Varga said at the general assembly of the Hungarian Association of International Enterprises.
Tourism In Hungary Performs Excellently: Double Figure Increase In Guest Turnover In May
- 12 Jul 2013 9:01 AM
- travel
In May, the number of guests received by commercial accommodation services and the number of guest nights increased by 15.2% and 13.7%, respectively, compared to the same month in the previous year, according to the latest data published today by the Central Statistical Office (KSH). Not only have the number of foreign guests increased significantly for the first time in a long while, but there ...
Hungarian Gov Concluded Strategic Cooperation Agreement With Ericsson
- 11 Jul 2013 10:00 AM
- business
Minister for National Economy Mihály Varga and Ericsson's Head of Customer Unit Central Europe Thomas Jul signed a Strategic Cooperation Agreement on Wednesday in Budapest at Ericsson Hungary's Research and Development Centre.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
Hungarian Winners Of The European Enterprise Promotion Awards Honoured
- 5 Jul 2013 9:00 AM
- business
The awards were presented to the winners of the Hungarian round of the European Enterprise Promotion Awards competition by Minister for National Economy Mihály Varga.
Cooperation Agreement Against Illegal Car Repair Workshops In Hungary
- 3 Jul 2013 9:00 AM
- business
The Government intends to establish a business and regulatory environment which is capable of combating activities by illegal car mechanics, Minister of State for Employment Policy Sándor Czomba said at the ceremony to mark the conclusion of an agreement between the Ministry for National Economy and the Hungarian Association of Automobile Dealers (GÉMOSZ).
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.
Foreign Currency Denominated Mortgages For Home Purchases In Hungary Shall Be Phased Out
- 25 Jul 2013 9:00 AM
- property
The Minister for National Economy is about to start negotiations with credit- and financial institutions active in the field of domestic lending. Minister Varga said that in the opinion of the Government foreign currency denominated mortgages for home purchases need to be eliminated from the domestic lending market in a way which “takes into consideration the aspects of timing and burden-bearing”.
Hungary's PM Addressed Annual Ambassadors’ Meeting
- 17 Jul 2013 9:00 AM
- current affairs
Hungary has a vested interest in seeing the success of the Eurozone, as we are linked to the bloc in many ways, Prime Minister Viktor Orbán said, addressing the annual meeting of ambassadors in Budapest on Tuesday.
Hungary Now Fulfils Two Euro Zone Accession Criteria
- 16 Jul 2013 9:00 AM
- current affairs
Hungary has already achieved compliance with two out of the three euro zone accession requirements: those on inflation and the government fiscal deficit, Minister for National Economy Mihály Varga said at the general assembly of the Hungarian Association of International Enterprises.
Tourism In Hungary Performs Excellently: Double Figure Increase In Guest Turnover In May
- 12 Jul 2013 9:01 AM
- travel
In May, the number of guests received by commercial accommodation services and the number of guest nights increased by 15.2% and 13.7%, respectively, compared to the same month in the previous year, according to the latest data published today by the Central Statistical Office (KSH). Not only have the number of foreign guests increased significantly for the first time in a long while, but there ...
Hungarian Gov Concluded Strategic Cooperation Agreement With Ericsson
- 11 Jul 2013 10:00 AM
- business
Minister for National Economy Mihály Varga and Ericsson's Head of Customer Unit Central Europe Thomas Jul signed a Strategic Cooperation Agreement on Wednesday in Budapest at Ericsson Hungary's Research and Development Centre.
Xpat Opinion: The Hungarian Economy As Reflected In The World Bank’s 2012 GNI Per Capita Figures
- 9 Jul 2013 5:00 AM
- business
Each year on July 1 the World Bank revises its classification of the world’s economies based on estimates of gross national income (GNI) per capita for the previous year. The current income classifications by GNI per capita are as follows: low income = $1,035 or less; lower middle income = $1,036 to $4,085; upper middle income = $4,086 to $12,615; and high income = $12,616 or more.
Hungarian Winners Of The European Enterprise Promotion Awards Honoured
- 5 Jul 2013 9:00 AM
- business
The awards were presented to the winners of the Hungarian round of the European Enterprise Promotion Awards competition by Minister for National Economy Mihály Varga.
Cooperation Agreement Against Illegal Car Repair Workshops In Hungary
- 3 Jul 2013 9:00 AM
- business
The Government intends to establish a business and regulatory environment which is capable of combating activities by illegal car mechanics, Minister of State for Employment Policy Sándor Czomba said at the ceremony to mark the conclusion of an agreement between the Ministry for National Economy and the Hungarian Association of Automobile Dealers (GÉMOSZ).
Government Continues To Stand For The Protection Of Foreign Currency Debtors
- 1 Jul 2013 9:00 AM
- property
The European Commission notified Hungary already in December 2011 within an EU Pilot procedure which warns that the Government Decree stipulating that the monthly income of applicants of foreign currency loans shall exceed a sum equivalent of 15 times the amount of official minimum wage, and the income shall be received in the same currency in which the loan is denominated violates EU law.


















