1,091 result(s) for pressure
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
Hungary Faced Unprecedented Migration Pressure In 2015, Says BÁH Head
- 19 Jan 2016 8:00 AM
- current affairs
Hungary was exposed to unprecedented migration pressure last year, with the number of illegal migrants exceeding 414,000, the director of Hungary’s immigration office BÁH said. Zsuzsanna Végh said that the immigration office had warned the European Union multiple times that the Balkan route would be a significant one for illegal migrants, but EU decision makers failed to take the risk seriously.
Xpat Opinion: Polish-Hungarian Friendship In Action
- 14 Jan 2016 8:00 AM
- current affairs
The situation in Poland has become a serious concern not only for the politicians of the European Union but for the whole western world. The largest East European country among those that joined the European Union in 2004 is rapidly following Hungary on the road to becoming an “illiberal democracy” while the European Commission is trying to find proper answers to the emasculation of Poland’s ...
Hungary’s PM: Role Of National Parliaments Must Be Reconsidered
- 11 Jan 2016 8:05 AM
- current affairs
After talks in Budapest on Thursday with Prime Minister of the United Kingdom David Cameron, Prime Minister Viktor Orbán stated that both leaders want a strong Europe. At their joint press conference, Mr. Orbán spoke about Hungarians working in Britain, pointing out that it is important that they should not be subject to any discrimination. At the same time he stressed that Hungary is open to all ...
Public Support In Hungary For Anti-Quota Initiative ‘Unprecedented’
- 4 Jan 2016 3:00 AM
- current affairs
The government’s signature drive to thwart the European Union’s mandatory migrant quotas has been met with unprecedented public support, Gergely Gulyás, deputy leader of ruling Fidesz and head of parliament’s legislative committee, said in an interview published in daily Magyar Hírlap. Gulyás said he saw it as a sign of “unprecedented unity” that “every fifth voter signed the initiative”.
PM’s Security Advisor: Migration Pressure ‘Unlikely To Ease’ In 2016
- 31 Dec 2015 2:40 AM
- current affairs
Europe is likely to face the same kind of migration pressure in 2016 as it has this year but the Hungarian government will continue to do its utmost to protect the country’s borders, the prime minister’s chief domestic security advisor said. Assessing the migration crisis of 2015, György Bakondi told a press conference that a total of 1.5 million illegal migrants made their way to Europe over the ...
Hungary’s Monetary Council Assesses Economic Trends, Prospects
- 24 Dec 2015 8:00 AM
- business
Hungary’s economic growth continued but a degree of unused capacity remained in the economy, and the domestic real economic environment continued to have a disinflationary impact, the Monetary Council of the National Bank of Hungary (NBH) concluded in its December 15 policy meeting. According to the condensed minutes of the meeting released on Wednesday, the members unanimously voted to keep the ...
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
Hungarian Foreign Minister: Terrorists Attacking Civilised World
- 4 Dec 2015 8:00 AM
- current affairs
Attacks in Paris, Ankara, Beirut and Mali and the downing of the Russian plane in Egypt are all proof that a network of the world’s most brutal terrorist organisations has launched a wide ranging operation against the civilised world, the Hungarian foreign minister said in Belgrade. “Without a collective effort and a consensus, the civilised world will not be able to surmount the generational ...
Hungary’s Central Bank Keeps Key Rate On Hold
- 27 Jan 2016 8:00 AM
- business
Hungarian rate setters kept the base rate on hold at 1.35% on Tuesday. The decision was in line with the expectations of analysts. The Monetary Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015. In a statement released shortly after the rate-setting meeting the Council said the annual inflation rate increased, while core inflation ...
Hungary Faced Unprecedented Migration Pressure In 2015, Says BÁH Head
- 19 Jan 2016 8:00 AM
- current affairs
Hungary was exposed to unprecedented migration pressure last year, with the number of illegal migrants exceeding 414,000, the director of Hungary’s immigration office BÁH said. Zsuzsanna Végh said that the immigration office had warned the European Union multiple times that the Balkan route would be a significant one for illegal migrants, but EU decision makers failed to take the risk seriously.
Xpat Opinion: Polish-Hungarian Friendship In Action
- 14 Jan 2016 8:00 AM
- current affairs
The situation in Poland has become a serious concern not only for the politicians of the European Union but for the whole western world. The largest East European country among those that joined the European Union in 2004 is rapidly following Hungary on the road to becoming an “illiberal democracy” while the European Commission is trying to find proper answers to the emasculation of Poland’s ...
Hungary’s PM: Role Of National Parliaments Must Be Reconsidered
- 11 Jan 2016 8:05 AM
- current affairs
After talks in Budapest on Thursday with Prime Minister of the United Kingdom David Cameron, Prime Minister Viktor Orbán stated that both leaders want a strong Europe. At their joint press conference, Mr. Orbán spoke about Hungarians working in Britain, pointing out that it is important that they should not be subject to any discrimination. At the same time he stressed that Hungary is open to all ...
Public Support In Hungary For Anti-Quota Initiative ‘Unprecedented’
- 4 Jan 2016 3:00 AM
- current affairs
The government’s signature drive to thwart the European Union’s mandatory migrant quotas has been met with unprecedented public support, Gergely Gulyás, deputy leader of ruling Fidesz and head of parliament’s legislative committee, said in an interview published in daily Magyar Hírlap. Gulyás said he saw it as a sign of “unprecedented unity” that “every fifth voter signed the initiative”.
PM’s Security Advisor: Migration Pressure ‘Unlikely To Ease’ In 2016
- 31 Dec 2015 2:40 AM
- current affairs
Europe is likely to face the same kind of migration pressure in 2016 as it has this year but the Hungarian government will continue to do its utmost to protect the country’s borders, the prime minister’s chief domestic security advisor said. Assessing the migration crisis of 2015, György Bakondi told a press conference that a total of 1.5 million illegal migrants made their way to Europe over the ...
Hungary’s Monetary Council Assesses Economic Trends, Prospects
- 24 Dec 2015 8:00 AM
- business
Hungary’s economic growth continued but a degree of unused capacity remained in the economy, and the domestic real economic environment continued to have a disinflationary impact, the Monetary Council of the National Bank of Hungary (NBH) concluded in its December 15 policy meeting. According to the condensed minutes of the meeting released on Wednesday, the members unanimously voted to keep the ...
City Analysts Forecast Lower Inflation For Hungary
- 12 Dec 2015 8:00 AM
- business
London-based analysts of JP Morgan and Morgan Stanley both lowered their Hungarian inflation forecasts for next year. Analysts at JP Morgan expect Hungarian inflation to be at 2.1% at the end of 2016, lower than their earlier 2.3% forecast. JP Morgan left their prediction of 2.5% inflation for 2017 unchanged. JP Morgan said lower inflation numbers in October and November made them reconsider ...
Hungarian Foreign Minister: Terrorists Attacking Civilised World
- 4 Dec 2015 8:00 AM
- current affairs
Attacks in Paris, Ankara, Beirut and Mali and the downing of the Russian plane in Egypt are all proof that a network of the world’s most brutal terrorist organisations has launched a wide ranging operation against the civilised world, the Hungarian foreign minister said in Belgrade. “Without a collective effort and a consensus, the civilised world will not be able to surmount the generational ...