460 result(s) for public debt
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Varga Welcomes S&P Decision, Eyes Bumpy Road Ahead
- 19 Sep 2016 9:00 AM
- business
Speaking at an event for economists in Kecskemét, in western Hungary, Economy Minister Mihály Varga said Standard and Poor’s analysts had noticed the successful reform of Hungary’s economy and that growth has stabilised. Meanwhile, the public debt has declined and the internal structure of the debt improved, he added.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Hungarian Hospital Debt Rapidly Increasing
- 16 Aug 2016 9:00 AM
- health & wellness
Hungary’s ailing hospitals amassed a total debt of 68.2 billion forints (EUR 220m) by the end of June, daily Népszava reported, adding that the amount was increasing by 3-4 billion forints each month. Out of the 68.2 billion forints total, hospitals owed 51.8 billion to suppliers, the report said.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Lázár: Govt Sets Up Working Group On Migration Issues
- 17 Jun 2016 9:00 AM
- current affairs
The government is setting up a working group under the leadership of the justice minister to consider issues connected with migration, János Lázár, the government office chief, told a regular government news briefing. The working group will comprise the heads of the justice ministry, the interior ministry and the prime minister’s office. Their job will be to prepare a report on legal regulations ...
Lázár: Govt Plans 4 New Hospital Hubs In Budapest
- 10 Jun 2016 9:00 AM
- health & wellness
The cabinet has decided that Budapest needs four new hospital centres, the government office chief said at his regular news briefing. A final decision has been made to expand the Honvéd hospital in the north, to strengthen St István and St László hospitals in southeastern Pest, to build a new “super hospital” in the area of Kelenföld in the southwest in Buda and later to create a new hospital in ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Xpat Opinion: Fitch Upgrades Hungary
- 24 May 2016 10:00 AM
- business
As Hungary regains its investment grade status from Fitch Ratings after four years in the junk category, commentators are divided over what comes next.
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Varga Welcomes S&P Decision, Eyes Bumpy Road Ahead
- 19 Sep 2016 9:00 AM
- business
Speaking at an event for economists in Kecskemét, in western Hungary, Economy Minister Mihály Varga said Standard and Poor’s analysts had noticed the successful reform of Hungary’s economy and that growth has stabilised. Meanwhile, the public debt has declined and the internal structure of the debt improved, he added.
Hungary’s Economy Performed Well In H1
- 19 Aug 2016 9:00 AM
- business
In the first half of the year Hungary’s economy performed well, government office chief János Lázár told a regular government news conference, adding that growth had been accompanied by a continual reduction in the public debt. He said that growth in the second quarter could be attributed to government policymaking, since EU payments only kicked in after that.
Hungarian Hospital Debt Rapidly Increasing
- 16 Aug 2016 9:00 AM
- health & wellness
Hungary’s ailing hospitals amassed a total debt of 68.2 billion forints (EUR 220m) by the end of June, daily Népszava reported, adding that the amount was increasing by 3-4 billion forints each month. Out of the 68.2 billion forints total, hospitals owed 51.8 billion to suppliers, the report said.
Varga: Hungary To Rely More On Domestic Funding
- 22 Jul 2016 9:00 AM
- business
Hungary will in future rely more on domestic resources in stimulating economic growth over external and EU funding, the economy minister said in Băile Tuşnad (Tusnádfürdő), in central Romania. Mihály Varga noted subsidies the Hungarian government had adopted to support industry development, households and home building.
Lázár: Govt Sets Up Working Group On Migration Issues
- 17 Jun 2016 9:00 AM
- current affairs
The government is setting up a working group under the leadership of the justice minister to consider issues connected with migration, János Lázár, the government office chief, told a regular government news briefing. The working group will comprise the heads of the justice ministry, the interior ministry and the prime minister’s office. Their job will be to prepare a report on legal regulations ...
Lázár: Govt Plans 4 New Hospital Hubs In Budapest
- 10 Jun 2016 9:00 AM
- health & wellness
The cabinet has decided that Budapest needs four new hospital centres, the government office chief said at his regular news briefing. A final decision has been made to expand the Honvéd hospital in the north, to strengthen St István and St László hospitals in southeastern Pest, to build a new “super hospital” in the area of Kelenföld in the southwest in Buda and later to create a new hospital in ...
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
Xpat Opinion: Fitch Upgrades Hungary
- 24 May 2016 10:00 AM
- business
As Hungary regains its investment grade status from Fitch Ratings after four years in the junk category, commentators are divided over what comes next.