32 result(s) for return policy in Business
Mobilising 1.8 M Inactive Hungarians Potential Solution To Labour Shortage
- 17 Nov 2017 7:50 AM
- business
Mobilizing the around 1.8 million inactive Hungarians could be a potential solution to the country’s increasingly pressing labour shortage, daily Magyar Idők said, citing Piroska Szalai, adviser to the economy ministry and chair of the board of the Budapest Enterprise Agency.
Hungary Pulls Out Of German-Hungarian Forum After 26 Years
- 7 Nov 2017 3:00 AM
- business
For the past 26 years, an annual conference has brought together the foreign affairs ministers of Hungary and Germany, as well as numerous political, economic, scientific and cultural leaders from the two countries, to discuss their multi-faceted cooperation. The German-Hungarian Forum was, since 1992, an important foreign policy tool through which Hungary was able to regularly meet and negotiate ...
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
New Body To Boost Hungary’s Competitiveness Holds Inaugural Meeting
- 24 Mar 2017 5:16 AM
- business
Short-term fixes for boosting Hungary’s competitiveness will focus on areas such as tax administration, a review of building permits and protecting small property owners, Mihály Varga, the economy minister, told a press conference after the inaugural meeting of the National Competitiveness Council.
Fiscal Council: Return To Investment Grade Expands Room For Manoeuvre
- 8 Nov 2016 8:00 AM
- business
Moody’s decision to return Hungary to investment grade will expand room for financial manoeuvre and bring new capital to Hungary, head of the Fiscal Council Árpád Kovács told daily Magyar Hírlap. Moody’s bumped Hungary back into investment grade late on Friday, the last of the big three ratings agencies to do so. Kovács said the decision was also in recognition of Hungary’s economic policy.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.
Mobilising 1.8 M Inactive Hungarians Potential Solution To Labour Shortage
- 17 Nov 2017 7:50 AM
- business
Mobilizing the around 1.8 million inactive Hungarians could be a potential solution to the country’s increasingly pressing labour shortage, daily Magyar Idők said, citing Piroska Szalai, adviser to the economy ministry and chair of the board of the Budapest Enterprise Agency.
Hungary Pulls Out Of German-Hungarian Forum After 26 Years
- 7 Nov 2017 3:00 AM
- business
For the past 26 years, an annual conference has brought together the foreign affairs ministers of Hungary and Germany, as well as numerous political, economic, scientific and cultural leaders from the two countries, to discuss their multi-faceted cooperation. The German-Hungarian Forum was, since 1992, an important foreign policy tool through which Hungary was able to regularly meet and negotiate ...
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
New Body To Boost Hungary’s Competitiveness Holds Inaugural Meeting
- 24 Mar 2017 5:16 AM
- business
Short-term fixes for boosting Hungary’s competitiveness will focus on areas such as tax administration, a review of building permits and protecting small property owners, Mihály Varga, the economy minister, told a press conference after the inaugural meeting of the National Competitiveness Council.
Fiscal Council: Return To Investment Grade Expands Room For Manoeuvre
- 8 Nov 2016 8:00 AM
- business
Moody’s decision to return Hungary to investment grade will expand room for financial manoeuvre and bring new capital to Hungary, head of the Fiscal Council Árpád Kovács told daily Magyar Hírlap. Moody’s bumped Hungary back into investment grade late on Friday, the last of the big three ratings agencies to do so. Kovács said the decision was also in recognition of Hungary’s economic policy.
NBH Governor: Hungary Sees Price, Financial Stability Since 2013
- 5 Nov 2015 8:00 AM
- business
Hungary has enjoyed price and financial stability since 2013, when changes got under way at the central bank, the bank’s governor, György Matolcsy, said. Addressing lawmakers in parliament in a debate of the bank’s 2012, 2013 and 2014 business reports, Matolcsy said the bank’s new leadership in place since March 2013 had returned to a “responsible, conservative, but creatively functioning” path ...
National Bank Of Hungary May Keep Base Rate Unchanged Until 2018, 2019
- 28 Oct 2015 8:00 AM
- business
The National Bank of Hungary (NBH) may keep its base rate at a record-low 1.35% base rate until 2018 or even 2019, beyond its horizon for monetary policy, deputy governor Márton Nagy told Reuters. Nagy also said that the NBH will announce a set of incentives to boost business lending next Tuesday, and it expects to close a deal to acquire a majority stake in the Budapest Stock Exchange within ...
OECD Sees Strong But Slowing Hungarian Economic Growth
- 4 Jun 2015 9:00 AM
- business
The OECD has upgraded its forecasts for Hungarian economic growth for this year to 3% from 2.1%, and to 2.2% from 1.7% for 2016. The Organisation for Economic Co-operation and Development said in its Economic Outlook that exports were expected to grow by 5.7% both this year and in 2016 and the current account surplus of 4.8% this year was likely to rise to 5.1%. Unemployment is expected to ...
Hungary’s Competition Office Fines K&H Bank For Misleading Advertising
- 8 Dec 2014 8:00 AM
- business
Hungary’s Competition Office (GVH) said it had fined K&H Bank 80 million forints for misleading advertising. GVH levied the fine for a month-long ad campaign of KSH’s “MIX” product early in 2014. KSH advertised a 7.80% annual return on the product – well over the market rate – but failed to make clear that the rate was paid only on the one-third of savings that were placed in a deposit.