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15 result(s) for tech sector in Finance

Capital Flight Risk: Banks Raise Red Flag Over New Bill on Foreign Funding in Hungary

Capital Flight Risk: Banks Raise Red Flag Over New Bill on Foreign Funding in Hungary

Banks have warned that the government’s transparency bill on cutting off foreign funding for NGOs, media outlets and others is eroding confidence in the domestic financial system, which could lead to capital flight from the sector.
900 Million Euros Coming as EU “Finally Allowing Hungary to Access Funds”

900 Million Euros Coming as EU “Finally Allowing Hungary to Access Funds”

The European Council has decided to release 900 million euros from the Recovery and Resilience Facility to finance projects approved in the RePowerEU chapter which aims to ensure affordable, secure and sustainable energy supplies.
Economic Growth Expected to Continue in Hungary

Economic Growth Expected to Continue in Hungary

The government expects economic growth to continue in the next twelve to eighteen months, exceeding 4% in 2024, while state debt and government budget deficit will fall, Finance Minister Mihály Varga said at an event of the Chamber of Commerce and Industry.
Higher Minimum Wage, Public Sector Pay Keep Wage Growth in Double Digits

Higher Minimum Wage, Public Sector Pay Keep Wage Growth in Double Digits

The average gross wage in Hungary climbed 14.9% year-on-year to 495,900 forints (EUR 1,250) in May, data released by the Central Statistical Office (KSH) on Monday show.
Wage Growth Slows To 9.7% in December in Hungary

Wage Growth Slows To 9.7% in December in Hungary

Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Govt's Economic Recovery Strategy Over-Reliant on 'Steel & Concrete', Says Matolcsy

Govt's Economic Recovery Strategy Over-Reliant on 'Steel & Concrete', Says Matolcsy

Hungary’s sustainable convergence with more developed economies could be inhibited if the government continues to rely on the construction sector to prop up growth once the economy recovers, György Matolcsy wrote in an article published on Monday.
Wage Growth at 10.1% in April

Wage Growth at 10.1% in April

Wage growth in Hungary increased by an annual 10.1% in April, picking up from 8.7% in the previous month, the Central Statistical Office (KSH) said.
Hungary’s Investment Volume Falls By 12% In Q3

Hungary’s Investment Volume Falls By 12% In Q3

Investment volume in Hungary fell by an annual 12.0% in the third quarter of 2020, the Central Statistical Office (KSH) has said.
Hungary Can Replicate Singapore's Success After Crisis, Says National Bank Governor

Hungary Can Replicate Singapore's Success After Crisis, Says National Bank Governor

György Matolcsy, the governor of the National Bank of Hungary, has said Hungary should look to Singapore as an example for achieving economic success.
Capital Flight Risk: Banks Raise Red Flag Over New Bill on Foreign Funding in Hungary

Capital Flight Risk: Banks Raise Red Flag Over New Bill on Foreign Funding in Hungary

Banks have warned that the government’s transparency bill on cutting off foreign funding for NGOs, media outlets and others is eroding confidence in the domestic financial system, which could lead to capital flight from the sector.
900 Million Euros Coming as EU “Finally Allowing Hungary to Access Funds”

900 Million Euros Coming as EU “Finally Allowing Hungary to Access Funds”

The European Council has decided to release 900 million euros from the Recovery and Resilience Facility to finance projects approved in the RePowerEU chapter which aims to ensure affordable, secure and sustainable energy supplies.
Economic Growth Expected to Continue in Hungary

Economic Growth Expected to Continue in Hungary

The government expects economic growth to continue in the next twelve to eighteen months, exceeding 4% in 2024, while state debt and government budget deficit will fall, Finance Minister Mihály Varga said at an event of the Chamber of Commerce and Industry.
Higher Minimum Wage, Public Sector Pay Keep Wage Growth in Double Digits

Higher Minimum Wage, Public Sector Pay Keep Wage Growth in Double Digits

The average gross wage in Hungary climbed 14.9% year-on-year to 495,900 forints (EUR 1,250) in May, data released by the Central Statistical Office (KSH) on Monday show.
Wage Growth Slows To 9.7% in December in Hungary

Wage Growth Slows To 9.7% in December in Hungary

Annual wage growth in Hungary slowed to 9.7% in December from 10.1 percent in the previous month, the Central Statistical Office (KSH) said on Wednesday.
Govt's Economic Recovery Strategy Over-Reliant on 'Steel & Concrete', Says Matolcsy

Govt's Economic Recovery Strategy Over-Reliant on 'Steel & Concrete', Says Matolcsy

Hungary’s sustainable convergence with more developed economies could be inhibited if the government continues to rely on the construction sector to prop up growth once the economy recovers, György Matolcsy wrote in an article published on Monday.
Wage Growth at 10.1% in April

Wage Growth at 10.1% in April

Wage growth in Hungary increased by an annual 10.1% in April, picking up from 8.7% in the previous month, the Central Statistical Office (KSH) said.
Hungary’s Investment Volume Falls By 12% In Q3

Hungary’s Investment Volume Falls By 12% In Q3

Investment volume in Hungary fell by an annual 12.0% in the third quarter of 2020, the Central Statistical Office (KSH) has said.
Hungary Can Replicate Singapore's Success After Crisis, Says National Bank Governor

Hungary Can Replicate Singapore's Success After Crisis, Says National Bank Governor

György Matolcsy, the governor of the National Bank of Hungary, has said Hungary should look to Singapore as an example for achieving economic success.