91 result(s) for em varga in Business
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Hungarian Economy Minister Varga For Transparent Bond Sellers
- 20 Feb 2015 8:00 AM
- business
It would be better to give the opportunity to sell residency bonds to more transparent companies than at present, Economy Minister Mihály Varga told Inforádió yesterday.
Measures On FX Loans Save Hungary HUF 1TR, Says Varga
- 22 Jan 2015 8:00 AM
- business
The government’s measures to shield foreign currency loan-holders have saved Hungary a total of around 1,000 billion forints, the economy minister said. Mihály Varga told public television M1 that since the majority of FX mortgages were denominated in Swiss franc, special attention had been placed on the fluctuation of the currency against the forint.
Sale Of Budapest Bank Delayed
- 19 Jan 2015 8:00 AM
- business
The contract for the sale of Budapest Bank to the state was not signed on Friday, as scheduled, as the complex negotiations have not been completed, the Economy Ministry said.
Economist Péter Róna On Hungary’s Post Election Austerity Plans
- 26 Sep 2014 5:00 AM
- business
“They need the austerity so that there is something to steal. This is the basic mechanism.” – Péter Róna, Oxford professor of economics and policy advisor to opposition party Politics Can Be Different (LMP)
Capacity Expansion At Hungarian Mondelez Biscuit Plant Inaugurated
- 22 Sep 2014 9:00 AM
- business
Snack maker Mondelez International inaugurated a 4.5 billion forint expansion at its biscuit plant in Székesfehérvár, in central Hungary, on Friday. Economy Minister Mihály Varga, attending the inauguration ceremony, said the government would spend some 300 billion forints (EUR 955m) on food industry developments in the next few years.
Hungary's Economy Minister Varga Raises GDP Forecast To 3.1%
- 19 Aug 2014 10:00 AM
- business
Economy Minister Mihály Varga has raised the government’s GDP forecast for this year to 3.1% from the 2.3% in the convergence programme submitted to Brussels in April.
Lawmakers Pass Hungary’s 2016 Budget
- 24 Jun 2015 9:00 AM
- business
Lawmakers approved Hungary’s 2016 budget in a final vote months ahead of the legal deadline, with 119 votes in favour and 63 against. The Budget Act calculates with a budget deficit of 2% of gross domestic product (GDP) based on EU accounting rules and public debt of 73.3% of GDP. The budget targets total revenue of 15,800 billion forints (EUR 50.7bn), total expenditures of 16,561 billion forints ...
Standard & Poor’s Upgrades Hungary’s Junk Credit Rating
- 23 Mar 2015 8:00 AM
- business
Hungary’s junk credit rating has been upgraded by Standard & Poor’s, which cited the country’s improving growth outlook and its better preparedness to handle unexpected crises. Hungary had lost its investment grade credit rating as far back as 2011. S&P said in a statement Friday that it was raising Hungary’s rating from BB to BB+, one step below investment grade, bringing its assessment in line ...
Mihály Varga: High Time For A Credit Rating Upgrade
- 23 Mar 2015 8:00 AM
- business
The country’s situation warrants an upgrade by credit rating agencies, as over the past years Hungary’s current account has posted massive surpluses, general government budget deficit has been below 3 percent for years, economic growth has been picking up and employment shows steady improvement, Minister for National Economy Mihály Varga said at the Hungarian Business Leaders Forum held in ...
Hungarian Economy Minister Varga For Transparent Bond Sellers
- 20 Feb 2015 8:00 AM
- business
It would be better to give the opportunity to sell residency bonds to more transparent companies than at present, Economy Minister Mihály Varga told Inforádió yesterday.
Measures On FX Loans Save Hungary HUF 1TR, Says Varga
- 22 Jan 2015 8:00 AM
- business
The government’s measures to shield foreign currency loan-holders have saved Hungary a total of around 1,000 billion forints, the economy minister said. Mihály Varga told public television M1 that since the majority of FX mortgages were denominated in Swiss franc, special attention had been placed on the fluctuation of the currency against the forint.
Sale Of Budapest Bank Delayed
- 19 Jan 2015 8:00 AM
- business
The contract for the sale of Budapest Bank to the state was not signed on Friday, as scheduled, as the complex negotiations have not been completed, the Economy Ministry said.
Economist Péter Róna On Hungary’s Post Election Austerity Plans
- 26 Sep 2014 5:00 AM
- business
“They need the austerity so that there is something to steal. This is the basic mechanism.” – Péter Róna, Oxford professor of economics and policy advisor to opposition party Politics Can Be Different (LMP)
Capacity Expansion At Hungarian Mondelez Biscuit Plant Inaugurated
- 22 Sep 2014 9:00 AM
- business
Snack maker Mondelez International inaugurated a 4.5 billion forint expansion at its biscuit plant in Székesfehérvár, in central Hungary, on Friday. Economy Minister Mihály Varga, attending the inauguration ceremony, said the government would spend some 300 billion forints (EUR 955m) on food industry developments in the next few years.
Hungary's Economy Minister Varga Raises GDP Forecast To 3.1%
- 19 Aug 2014 10:00 AM
- business
Economy Minister Mihály Varga has raised the government’s GDP forecast for this year to 3.1% from the 2.3% in the convergence programme submitted to Brussels in April.