913 result(s) for state sector
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.
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
US-Hungary Business Council Delegation In Budapest
- 24 Jun 2016 9:00 AM
- business
A delegation of the non-profit US-Hungary Business Council, met Economy Minister Mihály Varga in Budapest on the second day of its first business mission organised in Hungary. Varga greeted USHBC head Eric Stewart in his office and said that the Hungarian government’s investor-friendly policies offer good opportunities for US firms.
State, EBRD Buy 15% Stakes In Erste Bank Hungary
- 22 Jun 2016 9:00 AM
- business
The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized acquisition of 15% stakes each in the local unit of Austrian banking group Erste, as per an agreement made in February 2015, Hungarian news agency MTI reported. Hungary reportedly paid HUF 38.9 billion for its 15% stake.
Hewlett-Packard Partners With Hungarian IVM
- 22 Jun 2016 9:00 AM
- business
The international management of Hewlett-Packard (HP) signed a partnership agreement with Hungarian IVM Zrt. on June 14, under which the Hungarian company will provide HP with vending machines for its products.
Hungarian CEOs Optimistic About State Of The Economy
- 21 Jun 2016 9:00 AM
- business
Hungarian chief executives are optimistic: 81% feel confident about the direction the economy is headed in the next twelve months, consulting firm Stanton Chase said based on a survey of 120 executives. Last year an almost identical share said they were optimistic about the economy.
Government To Unify State IT Systems To Help Businesses
- 14 Jun 2016 9:00 AM
- tech
By 2018 Hungary will link up 300 IT systems of public administration that have so far worked separately in order to improve business competitiveness, state secretary Zoltán Kovács told a conference on Friday. Addressing the closing event of a conference on reducing red tape linked to the business sector, Kovács said the government is committed to helping businesses and has organised more than 20 ...
Govt Criticises, Socialists Support Teachers’ Demonstration
- 13 Jun 2016 9:00 AM
- current affairs
The state secretariat for education said most teachers believe in dialogue rather than demonstrations in the street and political agitation, commenting on the Tanítanék protest. Most teachers have already realised that certain anti-government forces just want to use them, the secretariat said.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
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.
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
US-Hungary Business Council Delegation In Budapest
- 24 Jun 2016 9:00 AM
- business
A delegation of the non-profit US-Hungary Business Council, met Economy Minister Mihály Varga in Budapest on the second day of its first business mission organised in Hungary. Varga greeted USHBC head Eric Stewart in his office and said that the Hungarian government’s investor-friendly policies offer good opportunities for US firms.
State, EBRD Buy 15% Stakes In Erste Bank Hungary
- 22 Jun 2016 9:00 AM
- business
The Hungarian state and the European Bank for Reconstruction and Development (EBRD) today finalized acquisition of 15% stakes each in the local unit of Austrian banking group Erste, as per an agreement made in February 2015, Hungarian news agency MTI reported. Hungary reportedly paid HUF 38.9 billion for its 15% stake.
Hewlett-Packard Partners With Hungarian IVM
- 22 Jun 2016 9:00 AM
- business
The international management of Hewlett-Packard (HP) signed a partnership agreement with Hungarian IVM Zrt. on June 14, under which the Hungarian company will provide HP with vending machines for its products.
Hungarian CEOs Optimistic About State Of The Economy
- 21 Jun 2016 9:00 AM
- business
Hungarian chief executives are optimistic: 81% feel confident about the direction the economy is headed in the next twelve months, consulting firm Stanton Chase said based on a survey of 120 executives. Last year an almost identical share said they were optimistic about the economy.
Government To Unify State IT Systems To Help Businesses
- 14 Jun 2016 9:00 AM
- tech
By 2018 Hungary will link up 300 IT systems of public administration that have so far worked separately in order to improve business competitiveness, state secretary Zoltán Kovács told a conference on Friday. Addressing the closing event of a conference on reducing red tape linked to the business sector, Kovács said the government is committed to helping businesses and has organised more than 20 ...
Govt Criticises, Socialists Support Teachers’ Demonstration
- 13 Jun 2016 9:00 AM
- current affairs
The state secretariat for education said most teachers believe in dialogue rather than demonstrations in the street and political agitation, commenting on the Tanítanék protest. Most teachers have already realised that certain anti-government forces just want to use them, the secretariat said.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...