2,985 result(s) for new low
Consumption, Investments Drag On GDP
- 17 Mar 2010 2:00 AM
- shopping
"Hungary’s economy shrank by 4% year-on-year in the fourth quarter and 6.3% in 2009 as a whole, the biggest annual drop in GDP since 1990, according to the revised and detailed figures of the Central Statistical Office.
Hungarian Forint Trade Unruffled, Yields Continue Swift Decline
- 16 Mar 2010 2:00 AM
- business
"Friday witnessed negligible exchange rates fluctuations in the Hungarian forint market as the EUR/HUF rate remained quite stable at 266. On the other hand, government bond yields have continued to decline in secondary trade, a persistent trend observed in the past few weeks.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
When The EUR Falls, Hungary's Forint Tends To Underperform CE3 Peers
- 5 Mar 2010 2:00 AM
- business
"A better risk appetite environment should support the EUR/USD in the short term, but the cross looks to be heading lower from Q2 on, Crédit Agricole Corporate Investment Bank said on Thursday. It reminded that there have only been three other periods of EUR weakness, the last of which corresponded with the worst of the credit crisis.
Hungary's Forint Is The Most Attractive EM Currency
- 3 Mar 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the second consecutive month.
Hungary's Socialists Almost "Fail" With Election Programme
- 1 Mar 2010 3:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) almost got an 'F’ on its election programme. The "teacher" in this case was a group of Hungarian economists who have recently launched an independent civilian initiative to see what the sometimes cloudy, boisterous, humbug or downright ridiculous promises of local political parties would actually do to the economy if they were fulfilled.
Xpat Interview: Robert Mackintosh, IT Systems Engineer
- 29 Sep 2009 12:00 PM
In April 1999 Robert Mackintosh arrived in Budapest for a short trip with his future wife Ildiko. Since then his heart never left.
Consumption, Investments Drag On GDP
- 17 Mar 2010 2:00 AM
- shopping
"Hungary’s economy shrank by 4% year-on-year in the fourth quarter and 6.3% in 2009 as a whole, the biggest annual drop in GDP since 1990, according to the revised and detailed figures of the Central Statistical Office.
Hungarian Forint Trade Unruffled, Yields Continue Swift Decline
- 16 Mar 2010 2:00 AM
- business
"Friday witnessed negligible exchange rates fluctuations in the Hungarian forint market as the EUR/HUF rate remained quite stable at 266. On the other hand, government bond yields have continued to decline in secondary trade, a persistent trend observed in the past few weeks.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
When The EUR Falls, Hungary's Forint Tends To Underperform CE3 Peers
- 5 Mar 2010 2:00 AM
- business
"A better risk appetite environment should support the EUR/USD in the short term, but the cross looks to be heading lower from Q2 on, Crédit Agricole Corporate Investment Bank said on Thursday. It reminded that there have only been three other periods of EUR weakness, the last of which corresponded with the worst of the credit crisis.
Hungary's Forint Is The Most Attractive EM Currency
- 3 Mar 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the second consecutive month.
Hungary's Socialists Almost "Fail" With Election Programme
- 1 Mar 2010 3:00 AM
- current affairs
"Hungary’s Socialist Party (MSZP) almost got an 'F’ on its election programme. The "teacher" in this case was a group of Hungarian economists who have recently launched an independent civilian initiative to see what the sometimes cloudy, boisterous, humbug or downright ridiculous promises of local political parties would actually do to the economy if they were fulfilled.
Xpat Interview: Robert Mackintosh, IT Systems Engineer
- 29 Sep 2009 12:00 PM
In April 1999 Robert Mackintosh arrived in Budapest for a short trip with his future wife Ildiko. Since then his heart never left.