153 result(s) for recession in Articles
Creativity Can Trump Experience, Says Prezi's Arvai
- 3 Mar 2015 8:00 AM
- tech
In 2008, CEO and Co-Founder of Prezi Peter Arvai left his native Sweden during a major global recession to start a business in Budapest, his parents' native city.
Xpat Opinion: Euro And Forint Weaken
- 7 Jan 2015 8:00 AM
- business
As the Euro weakens against the US Dollar and the Forint nears its historical low against the Euro, a left-wing analysts calls on the government to change policy course. A conservative columnist blames the weakening of both currencies on external geopolitical and economic factors.
New Statutes Might Reduce Market Share Of Foreign-Owned Food Retailers
- 4 Dec 2014 8:00 AM
- shopping
The Hungarian government is about to use legal measures to reduce the market share of foreign-owned retail chain stores in Hungary. The proposed measures - which amalgamate related ideas of the past five years - might even shoo off some foreign retailers from Hungary altogether.
Kroes Spokesman Slams Hungary's Internet Tax
- 29 Oct 2014 8:00 AM
- current affairs
EC spokesman for digital affairs Ryan Health criticised the Hungarian internet tax in strong terms yesterday, describing it as “a terrible idea both in theory and in practice”. “It is not a question of whether levying the tax is legal or not”, he said, as “this proposal is yet another element in the worrying conduct and legislative practice of the Hungarian government”.
Hungary’s EU Commissioner: Fiscal Rigour Not Enough To Revive Economy
- 14 Oct 2014 9:00 AM
- business
Fiscal rigour in itself is not sufficient to resolve economic problems arising from the global crisis; employment and social issues also need to be addressed, László Andor, Hungary’s European commissioner for employment, welfare and social inclusion, told a conference in Budapest on Monday.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
2013: The Year Of Positive U-Turn For Hungary
- 7 Dec 2013 8:00 AM
- current affairs
This year was the year of trend reversal for the Hungarian economy: while at the beginning of the year the economy was still mired in recession, the third quarter brought growth above prior expectations and this gives reason to be optimistic with regard to 2014, Minister for National Economy Mihály Varga said in a speech marking the year-end session of Hungary’s Joint Venture Association held at ...
European Commission Also Acknowledges Hungary’s Economic Performance
- 7 Nov 2013 8:00 AM
- business
The Ministry for National Economy welcomes the autumn forecast of the European Commission which provides a realistic evaluation of a gradually improving Hungarian economy. The forecast by EU experts confirms that Hungary’s fiscal deficit will not exceed 3 percent in the coming years.
Creativity Can Trump Experience, Says Prezi's Arvai
- 3 Mar 2015 8:00 AM
- tech
In 2008, CEO and Co-Founder of Prezi Peter Arvai left his native Sweden during a major global recession to start a business in Budapest, his parents' native city.
Xpat Opinion: Euro And Forint Weaken
- 7 Jan 2015 8:00 AM
- business
As the Euro weakens against the US Dollar and the Forint nears its historical low against the Euro, a left-wing analysts calls on the government to change policy course. A conservative columnist blames the weakening of both currencies on external geopolitical and economic factors.
New Statutes Might Reduce Market Share Of Foreign-Owned Food Retailers
- 4 Dec 2014 8:00 AM
- shopping
The Hungarian government is about to use legal measures to reduce the market share of foreign-owned retail chain stores in Hungary. The proposed measures - which amalgamate related ideas of the past five years - might even shoo off some foreign retailers from Hungary altogether.
Kroes Spokesman Slams Hungary's Internet Tax
- 29 Oct 2014 8:00 AM
- current affairs
EC spokesman for digital affairs Ryan Health criticised the Hungarian internet tax in strong terms yesterday, describing it as “a terrible idea both in theory and in practice”. “It is not a question of whether levying the tax is legal or not”, he said, as “this proposal is yet another element in the worrying conduct and legislative practice of the Hungarian government”.
Hungary’s EU Commissioner: Fiscal Rigour Not Enough To Revive Economy
- 14 Oct 2014 9:00 AM
- business
Fiscal rigour in itself is not sufficient to resolve economic problems arising from the global crisis; employment and social issues also need to be addressed, László Andor, Hungary’s European commissioner for employment, welfare and social inclusion, told a conference in Budapest on Monday.
IMF: Hungary Economy Recovering But Shockprone
- 10 Jun 2014 9:00 AM
- business
Hungary’s economy is recovering but remains “susceptible to shocks”, an International Monetary Fund (IMF) staff report said on Friday. “The economy is recovering gradually, helped by supportive macroeconomic policies, favourable external conditions, and improved market confidence,” the IMF staff said, noting that this had supported Hungary’s financial stability during volatility in emerging ...
Xpat Opinion: Banking Services In Hungary: Not A Bad Business Afterall?
- 16 Jan 2014 8:00 AM
- business
In 2010, when the Government introduced crisis taxes on banks, the measures met with surprise and shock. Some predicted that the taxes would provoke banks to completely deleverage and leave Hungary. The reaction did not surprise Government officials, however, who responded that if the financial crisis were to deepen in Hungary it would not be due to banks leaving Hungary but because of the high ...
2013: The Year Of Positive U-Turn For Hungary
- 7 Dec 2013 8:00 AM
- current affairs
This year was the year of trend reversal for the Hungarian economy: while at the beginning of the year the economy was still mired in recession, the third quarter brought growth above prior expectations and this gives reason to be optimistic with regard to 2014, Minister for National Economy Mihály Varga said in a speech marking the year-end session of Hungary’s Joint Venture Association held at ...
European Commission Also Acknowledges Hungary’s Economic Performance
- 7 Nov 2013 8:00 AM
- business
The Ministry for National Economy welcomes the autumn forecast of the European Commission which provides a realistic evaluation of a gradually improving Hungarian economy. The forecast by EU experts confirms that Hungary’s fiscal deficit will not exceed 3 percent in the coming years.