180 result(s) for recovery fund
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungarian Leaders Condemn Paris Attack On Satirical Magazine
- 8 Jan 2015 8:00 AM
- current affairs
President János Áder and Prime Minister Viktor Orbán condemned the shootings in Paris at the offices of a satirical magazine that claimed at least 12 lives. Expressing his condolences to his counterpart Francois Hollande, President Áder said, “I was deeply shocked and grieved today to hear about the fatal terrorist attack at the Charlie Hebdo magazine’s headquarters.”
Festive Ball And Gala Night In The 120-Year-Old New York Palace
- 10 Dec 2014 8:00 AM
- specials
"We celebrated the 120th anniversary of the opening of the New York Palace with a grandiose gala evening. The management of the New York Café and Boscolo Hotel paid their tribute to the historical building with the gala event on 21th November.
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (
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 ...
See What Happened @ Smiling Hospital Foundation Budapest, Grand Gala
- 6 Mar 2014 9:50 AM
- community & culture
This was the 10th Anniversary Grand Gala of the Smiling Hospital Foundation. The Smiling Hospital Foundation - whose motto is “Happiness helps healing”-, sends 450 volunteer storytellers, puppeteers, musicians, jugglers, etc. into the children’s ward of 23 hospitals in Hungary.
Moody’s Upgrades Hungary’s Banking System Outlook To Positive
- 30 Jun 2016 9:00 AM
- business
Ratings agency Moody’s Investors Service upgraded the outlook of Hungary’s banking system to positive, the rating agency said today in a report entitled “Banking System Outlook - Hungary”. Moodyʼs noted, however, that government support for banks in the EU, including Hungary, is less certain under the provisions of the EUʼs Bank Recovery and Resolution Directive.
Central Bank Keeps Base Rate On Hold, As Expected
- 24 Feb 2016 8:00 AM
- business
The National Bank of Hungary’s Monetary Council decided to keep the central bank’s key rate on hold at 1.35% at a policy meeting. The decision was in line with analysts’ expectations. The Council has kept the base rate on hold since signalling an end to an easing cycle at a policy meeting in July 2015.
IMF Revised Upward Hungary’s Economic Growth Estimate
- 7 Oct 2015 9:50 AM
- business
Scheduled to coincide with its regular annual meeting organized this year in Lima, Peru, the International Monetary Fund published the latest World Economic Outlook, a study on global growth prospects. In comparison to estimates published in March 2015, the organization once again upwardly revised the economic growth forecast for 2015, raising it by 0.3 percentage points to 3.0 percent of GDP, ...
IMF Issues Concluding Statement On Hungary
- 4 Feb 2015 8:01 AM
- current affairs
Hungary’s economy is coming back from the crisis but the road to strong, sustained activity and higher private sector employment is still a long one. Macroeconomic policies have contributed to a welcome reduction in vulnerabilities, strong growth and a reduction in unemployment. But the country remains susceptible to shocks and its medium-term growth prospects are subdued.
Hungarian Leaders Condemn Paris Attack On Satirical Magazine
- 8 Jan 2015 8:00 AM
- current affairs
President János Áder and Prime Minister Viktor Orbán condemned the shootings in Paris at the offices of a satirical magazine that claimed at least 12 lives. Expressing his condolences to his counterpart Francois Hollande, President Áder said, “I was deeply shocked and grieved today to hear about the fatal terrorist attack at the Charlie Hebdo magazine’s headquarters.”
Festive Ball And Gala Night In The 120-Year-Old New York Palace
- 10 Dec 2014 8:00 AM
- specials
"We celebrated the 120th anniversary of the opening of the New York Palace with a grandiose gala evening. The management of the New York Café and Boscolo Hotel paid their tribute to the historical building with the gala event on 21th November.
Xpat Opinion: IMF & World Bank Reports Show A Hungary “Back On Track”
- 16 Jun 2014 9:00 AM
- current affairs
The International Monetary Fund and World Bank have recently released reports evaluating the Hungarian economy. The World Bank, as widely reported , predicts GDP to grow by 2.4 percent in 2014, while most saw as the key takeaway in the 68-page IMF country report (
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 ...
See What Happened @ Smiling Hospital Foundation Budapest, Grand Gala
- 6 Mar 2014 9:50 AM
- community & culture
This was the 10th Anniversary Grand Gala of the Smiling Hospital Foundation. The Smiling Hospital Foundation - whose motto is “Happiness helps healing”-, sends 450 volunteer storytellers, puppeteers, musicians, jugglers, etc. into the children’s ward of 23 hospitals in Hungary.