161 result(s) for recession
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.
Hays Hungary: Global Labour Force Lacks Right Skills To Support Business
- 6 Nov 2013 8:00 AM
- specials
The global economy is facing a severe talent mismatch with 18 out of 30 leading economies facing some form of skills shortages while both unemployment levels and numbers of unfilled vacancies are rising. In many markets, the labour available does not meet the skill requirements that employers are looking for.
EESC Chief Examines Hungary’s Crisis Management Measures
- 6 Nov 2013 8:00 AM
- current affairs
President of the European Economic and Social Committee (EESC) Henri Malosse held talks with Prime Minister Viktor Orbán on Monday. Mr. Malosse is in Hungary to study the innovative steps that have enabled the country to recover from the economic crisis.
Xpat Opinion: A Liberal View Of The Self-Defeating Left In Hungary
- 31 Oct 2013 8:00 AM
- current affairs
A liberal analyst thinks Fidesz owes its comfortable lead in opinion polls to the weakness of the left-wing opposition. “A year ago it looked as though Fidesz had already doomed itself to failure: Now it is the left wing that is doing the same,” philosopher Zoltán Miklósi complains in Szuverén.
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.
Hays Hungary: Global Labour Force Lacks Right Skills To Support Business
- 6 Nov 2013 8:00 AM
- specials
The global economy is facing a severe talent mismatch with 18 out of 30 leading economies facing some form of skills shortages while both unemployment levels and numbers of unfilled vacancies are rising. In many markets, the labour available does not meet the skill requirements that employers are looking for.
EESC Chief Examines Hungary’s Crisis Management Measures
- 6 Nov 2013 8:00 AM
- current affairs
President of the European Economic and Social Committee (EESC) Henri Malosse held talks with Prime Minister Viktor Orbán on Monday. Mr. Malosse is in Hungary to study the innovative steps that have enabled the country to recover from the economic crisis.
Xpat Opinion: A Liberal View Of The Self-Defeating Left In Hungary
- 31 Oct 2013 8:00 AM
- current affairs
A liberal analyst thinks Fidesz owes its comfortable lead in opinion polls to the weakness of the left-wing opposition. “A year ago it looked as though Fidesz had already doomed itself to failure: Now it is the left wing that is doing the same,” philosopher Zoltán Miklósi complains in Szuverén.


















