161 result(s) for recession
Consumption, Investments Drag On GDP
- 17 Mar 2010 2:00 AM
- shopping
"Hungary’s economy shrank by 4% year-on-year in the fourth quarter and 6.3% in 2009 as a whole, the biggest annual drop in GDP since 1990, according to the revised and detailed figures of the Central Statistical Office.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
Hungary's Forint Is The Most Attractive EM Currency
- 3 Mar 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the second consecutive month.
Huge Losses At Wizz Air?
- 30 Nov 2009 5:00 AM
- travel
"No-frills airline Wizz Air has had almost EUR 10 million in consolidated losses in the 2009 fiscal year, a Czech newspaper claimed. The management commented only as much as the Hungarian subsidiary was profitable, however the Ukrainian and Bulgarian branches were generating losses.
Non-Residents Vanish From Budapest's New Home Market
- 19 Feb 2009 1:00 AM
- property
"Budapest's new home market is trembling - hard. New home sales contracted by 40% year on year in 2008, but developers may be in for even worse times in 2009.
Nomadland
A woman in her sixties embarks on a journey through the western United States after losing everything in the Great Recession, living as a van-dwelling modern-day nomad.
Consumption, Investments Drag On GDP
- 17 Mar 2010 2:00 AM
- shopping
"Hungary’s economy shrank by 4% year-on-year in the fourth quarter and 6.3% in 2009 as a whole, the biggest annual drop in GDP since 1990, according to the revised and detailed figures of the Central Statistical Office.
Hungarian Economy Getting Up From The Mat, But Not Even In Semi-Kneeling Position
- 11 Mar 2010 2:00 AM
- business
@Hungary’s gross domestic product (GDP) dropped by 4.0% year on year in the fourth quarter of 2009, according to raw data and decreased by 4.1%, according to figures adjusted for calendar effects, the Central Statistics Office (KSH) has reported on Wednesday. Seasonally adjusted numbers showed an 0.4% quarter-on-quarter contraction. The Hungarian economy contracted by 6.3% yr/yr in the whole of ...
Hungary Needs "Fiscal Dictatorship" - Járai
- 11 Mar 2010 1:00 AM
- business
"Hungary would still be on the verge of sovereign default if it was not for the IMF credit, said Zsigmond Járai, former Governor of the central bank (NBH). He also told a conference in Budapest on Tuesday that the c.bank pursued a wrong monetary policy and that it should have lowered interest rates drastically. He noted that Hungary would need to rewrite its Convergence Programme as quickly as ...
Hungary To Overshoot C.Bank Inflation Goal In 2010
- 10 Mar 2010 2:00 AM
- business
"The surprise jump in Hungary’s inflation to 6.4% in January has made a deep impression on analysts and, as a consequence, they now project the country’s inflation path to be considerably higher in 2010 than before. The market presently sees it unlikely that the headline CPI figure will drop to below the central bank’s medium-term goal (3.0% +/- 1ppt) this year.
Hungary's Forint Is The Most Attractive EM Currency
- 3 Mar 2010 3:00 AM
- business
"Hungary’s forint has topped the Emerging Markets FX Scorecard of Credit Suisse for the second consecutive month.
Huge Losses At Wizz Air?
- 30 Nov 2009 5:00 AM
- travel
"No-frills airline Wizz Air has had almost EUR 10 million in consolidated losses in the 2009 fiscal year, a Czech newspaper claimed. The management commented only as much as the Hungarian subsidiary was profitable, however the Ukrainian and Bulgarian branches were generating losses.
Non-Residents Vanish From Budapest's New Home Market
- 19 Feb 2009 1:00 AM
- property
"Budapest's new home market is trembling - hard. New home sales contracted by 40% year on year in 2008, but developers may be in for even worse times in 2009.
Nomadland
A woman in her sixties embarks on a journey through the western United States after losing everything in the Great Recession, living as a van-dwelling modern-day nomad.