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Thursday 23 Nov 2017
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• Accounting Firms in Budapest
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• Chambers of Commerce in Hungary
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• Financial Advisers in Budapest
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• Moving Companies in Budapest
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IMF Raises GDP Growth Forecasts For Hungary
The International Monetary Fund (IMF) raised its projection for Hungary’s GDP growth this year to 3.2 percent in its fresh World Economic Outlook released on Tuesday. The projection was raised from 2.9 percent in a forecast published in April. The IMF raised its forecast for GDP growth in 2018 to 3.4 percent from 3.0 percent. Hungary’s government projects GDP growth of 4.1 percent for 2017 and 4.3 percent for 2018. more »
Hungarian Government Interest Expenditure Fell EUR 1.6bn Last Year
Interest expenditure of the government fell by 500 billion forints (EUR 1.6bn) last year because of the lower yield of government bonds, National Bank of Hungary (NBH) governor György Matolcsy said at the meeting of parliament’s economic committee on Tuesday. more »
Geothermal Plant Gears For November Launch
Hungaryʼs first combined geothermal heat and power plant in Tura, in Pest County northeast of Budapest, is currently at the commissioning phase, with the official start of operation planned for November, according to reports. more »

Hungary May Adopt Euro Sooner Than Gov’t Would Like


Hungary May Adopt Euro Sooner Than Gov’t Would Like
Hungary may adopt the euro sooner than its government is willing to admit. This is unavoidable, if Hungary wants to be part of deeper European integration, OTP Bank chairman and CEO Sándor Csányi has said. more »

Bird Flu Outbreak Lifts Hungary Poultry Imports


Bird Flu Outbreak Lifts Hungary Poultry Imports
Hungary’s poultry imports jumped in the first half of the year because of an outbreak of bird flu, business daily Világgazdaság said, citing data from the Agriculture Research Institute (AKI). Poultry imports rose by an annual 84% to 42,000 tonnes during the period. more »

Financial Research Plc. Forecasts 3.8 pc GDP Growth For 2017, 2018


Financial Research Plc. Forecasts 3.8 pc GDP Growth For 2017, 2018
Financial Research Plc.(Pénzügykutató Zrt.) expects GDP growth in Hungary to be around 3.8 percent both this year and next, the economic research company said in a forecast released on Wednesday. The forecasts are under the government’s official projections for GDP growth of 4.1 percent this year and 4.3 percent next year. more »



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