196 result(s) for surplus
2015 Expected To Be Record Year For Hungarian Exports
- 12 Jan 2016 8:00 AM
- business
On Friday morning, Ministry of Foreign Affairs and Trade’s Minister of State for Economic Diplomacy Levente Magyar said on Hungarian public television M1 that “2015 is expected to be a record year for Hungarian exports, based on figures for the first 11 months of the year”. Commenting on November figures published by the Central Statistical Office, Mr. Magyar said that the level of exports ...
Hungary Net External Financing Capacity At 9% Of GDP In Q3
- 24 Dec 2015 8:00 AM
- business
Adjusted for seasonal effects, Hungary’s net external financing capacity was 2.502 billion Euros or 9% of quarterly GDP in the third quarter, balance of payment data published by the National Bank of Hungary on Wednesday show. The adjusted Q3 surplus was down from the second quarter when it reached 2.621 billion Euros. It was up 668 million Euros from a year earlier.
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
Moody’s Changes Budapest Outlook To Positive From Stable
- 10 Nov 2015 4:00 AM
- business
Ratings agency Moody’s Investors Service raised the outlook on the city of Budapest’s Ba1 issuer rating to “positive” from “stable”. Moody’s also affirmed the capital’s Ba1 rating. Moody’s noted that on Friday it had raised the outlook on Hungary’s “Ba1” sovereign long term issuer rating, one notch under investment grade, to “positive” from “stable” and said that the upgrade to the capital’s ...
Xpat Opinion: US Ambassador Criticizes Hungary
- 6 Nov 2015 12:45 AM
- current affairs
Commenting on US Ambassador Colleen Bell’s concerns about the state of affairs in Hungary, pro-government columnists are in no doubt that the US wants to pressurize Hungary into submission. Left-wing pundits, on the other hand, criticize the Hungarian government’s response and expect further US-Hungarian diplomatic skirmishes.
KSH Confirms 6.2% Industrial Output Growth For Aug
- 15 Oct 2015 9:00 AM
- business
Hungary’s industrial output grew by an annual 6.2% in August, the Central Statistical Office (KSH) said in a second reading of data, confirming its first estimate. The index adjusted for the number of workdays also increased by 6.2%. In a month-onmonth comparison, industrial output fell by 2%, according to seasonally and workday-adjusted data. In the first eight months of 2015, industrial output ...
Xpat Opinion: Strategy For The Sharing Economy
- 8 Sep 2015 9:00 AM
- business
By Yusaf Akbar: Strategic thinking is at a crossroads. For decades, strategy theory and practice and the pursuit of competitive advantage has been centered on three complementary perspectives: external positioning, internal resources and capabilities and dynamic agility.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
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 ...
2015 Expected To Be Record Year For Hungarian Exports
- 12 Jan 2016 8:00 AM
- business
On Friday morning, Ministry of Foreign Affairs and Trade’s Minister of State for Economic Diplomacy Levente Magyar said on Hungarian public television M1 that “2015 is expected to be a record year for Hungarian exports, based on figures for the first 11 months of the year”. Commenting on November figures published by the Central Statistical Office, Mr. Magyar said that the level of exports ...
Hungary Net External Financing Capacity At 9% Of GDP In Q3
- 24 Dec 2015 8:00 AM
- business
Adjusted for seasonal effects, Hungary’s net external financing capacity was 2.502 billion Euros or 9% of quarterly GDP in the third quarter, balance of payment data published by the National Bank of Hungary on Wednesday show. The adjusted Q3 surplus was down from the second quarter when it reached 2.621 billion Euros. It was up 668 million Euros from a year earlier.
Hungary’s Foreign Minister: Foreign Policy Boosts Economic Competitiveness
- 8 Dec 2015 8:00 AM
- business
Hungary’s foreign policy has an important role in helping the country enforce its economic interests and boost its competitiveness, the foreign minister told parliament’s economic committee. Péter Szijjártó said in a ministerial hearing that Hungary’s economic model has succeeded in boosting economic growth while implementing a disciplined fiscal policy and reducing public debt.
Moody’s Changes Budapest Outlook To Positive From Stable
- 10 Nov 2015 4:00 AM
- business
Ratings agency Moody’s Investors Service raised the outlook on the city of Budapest’s Ba1 issuer rating to “positive” from “stable”. Moody’s also affirmed the capital’s Ba1 rating. Moody’s noted that on Friday it had raised the outlook on Hungary’s “Ba1” sovereign long term issuer rating, one notch under investment grade, to “positive” from “stable” and said that the upgrade to the capital’s ...
Xpat Opinion: US Ambassador Criticizes Hungary
- 6 Nov 2015 12:45 AM
- current affairs
Commenting on US Ambassador Colleen Bell’s concerns about the state of affairs in Hungary, pro-government columnists are in no doubt that the US wants to pressurize Hungary into submission. Left-wing pundits, on the other hand, criticize the Hungarian government’s response and expect further US-Hungarian diplomatic skirmishes.
KSH Confirms 6.2% Industrial Output Growth For Aug
- 15 Oct 2015 9:00 AM
- business
Hungary’s industrial output grew by an annual 6.2% in August, the Central Statistical Office (KSH) said in a second reading of data, confirming its first estimate. The index adjusted for the number of workdays also increased by 6.2%. In a month-onmonth comparison, industrial output fell by 2%, according to seasonally and workday-adjusted data. In the first eight months of 2015, industrial output ...
Xpat Opinion: Strategy For The Sharing Economy
- 8 Sep 2015 9:00 AM
- business
By Yusaf Akbar: Strategic thinking is at a crossroads. For decades, strategy theory and practice and the pursuit of competitive advantage has been centered on three complementary perspectives: external positioning, internal resources and capabilities and dynamic agility.
Hungarian Forint Steady Despite Greek Turbulence
- 7 Jul 2015 5:01 AM
- business
Greek woes may mean some temporary weakness for the Hungarian currency but it is set to firm in the medium term, analysts say after a brief wobble. The forint showed resilience on Monday, trading at 316.06 to the euro late in the day, down from 314.68 on Friday but up from 316.44 late Sunday. It hit an intraday low of 317.12 on Monday.
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 ...