• 22 Nov 2024

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83 result(s) for pandemic in Finance

Banks in Hungary Deny Enhancing Profits During Wartime

Banks in Hungary Deny Enhancing Profits During Wartime

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures “in a disciplined and cooperative manner”.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Hungary’s government, in agreement with the central bank, considers curbing inflation its most important economic policy goal, Finance Minister Mihály Varga said.
Analysis: GDP Contracts by 2.4% in Hungary

Analysis: GDP Contracts by 2.4% in Hungary

Hungary’s economy contracted by an annual 2.4% in the second quarter, a first reading of data released by the Central Statistical Office (KSH) shows.
EU Funds 'Matter of Life or Death' for Budapest, Says Mayor

EU Funds 'Matter of Life or Death' for Budapest, Says Mayor

Access to European Union funding and “a quick end to rule-of-law issues” is “a matter of life or death” for Budapest, Mayor Gergely Karácsony said after meeting a delegation of the European Parliament Committee on Budgetary Control.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.
Finance Minister Has Talks With CCB Chief in Budapest

Finance Minister Has Talks With CCB Chief in Budapest

China Construction Bank's recent opening a branch in Budapest will further strengthen bilateral economic ties, Finance Minister Mihály Varga said after talks with Tian Guoli, the head of the CCB Group, in Budapest.
S+P Downgrades Hungary to BBB-, Bounce-Back Expected

S+P Downgrades Hungary to BBB-, Bounce-Back Expected

S+P Global Ratings downgraded Hungary’s sovereign rating one notch to BBB- from BBB at a scheduled review on Friday.
Moratorium on Borrowers’ Repayments Will Not Extend in Hungary

Moratorium on Borrowers’ Repayments Will Not Extend in Hungary

The government will not extend the current moratorium on borrowers’ repayments, which is set to expire on Dec. 31, the minister of economic development said on Tuesday.
Banks in Hungary Deny Enhancing Profits During Wartime

Banks in Hungary Deny Enhancing Profits During Wartime

The Hungarian Banking Association denied on Tuesday that the bank sector had enhanced profits during wartime, insisting it had been among those suffering the economic uncertainties caused by the war and had endured the burdens of various government measures “in a disciplined and cooperative manner”.
EC Disburses Euro 140 Million REPowerEU Funds to Hungary

EC Disburses Euro 140 Million REPowerEU Funds to Hungary

The European Commission has transferred 140.1 million euros to Hungary in REPowerEU pre-financing grants under the post-pandemic Resilience and Recovery Facility (RRF).
Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Curbing Inflation in Hungary is Govt's Top Economic Policy Goal - More Austerity Ahead?

Hungary’s government, in agreement with the central bank, considers curbing inflation its most important economic policy goal, Finance Minister Mihály Varga said.
Analysis: GDP Contracts by 2.4% in Hungary

Analysis: GDP Contracts by 2.4% in Hungary

Hungary’s economy contracted by an annual 2.4% in the second quarter, a first reading of data released by the Central Statistical Office (KSH) shows.
EU Funds 'Matter of Life or Death' for Budapest, Says Mayor

EU Funds 'Matter of Life or Death' for Budapest, Says Mayor

Access to European Union funding and “a quick end to rule-of-law issues” is “a matter of life or death” for Budapest, Mayor Gergely Karácsony said after meeting a delegation of the European Parliament Committee on Budgetary Control.
Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Latest Analysis: Hungarian Economy to Avoid Recession This Year, Rebound in 2024?

Hungary’s economy is projected to avoid a recession in 2023, and return to steep growth next year, despite the protracted war in Ukraine and the European Union’s sanctions on Russia, the finance ministry said.
Finance Minister Has Talks With CCB Chief in Budapest

Finance Minister Has Talks With CCB Chief in Budapest

China Construction Bank's recent opening a branch in Budapest will further strengthen bilateral economic ties, Finance Minister Mihály Varga said after talks with Tian Guoli, the head of the CCB Group, in Budapest.
S+P Downgrades Hungary to BBB-, Bounce-Back Expected

S+P Downgrades Hungary to BBB-, Bounce-Back Expected

S+P Global Ratings downgraded Hungary’s sovereign rating one notch to BBB- from BBB at a scheduled review on Friday.
Moratorium on Borrowers’ Repayments Will Not Extend in Hungary

Moratorium on Borrowers’ Repayments Will Not Extend in Hungary

The government will not extend the current moratorium on borrowers’ repayments, which is set to expire on Dec. 31, the minister of economic development said on Tuesday.