226 result(s) for em varga mihály
Economy Minister Hails American Contribution To Hungary’s Economy
- 1 Jul 2015 9:00 AM
- business
Hungary has managed to successfully confront the financial crisis the repercussions of which Greece is suffering from even today, the Hungarian economy minister said at the business forum organized by the American Chamber of Commerce in Hungary. Investment and more efficient use of EU funds are likely to be the main drivers of future economic growth in Hungary, Mihály Varga said.
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 ...
Hungary Has “Growing Reputation In Brussels”
- 5 Jun 2015 9:00 AM
- current affairs
The reputation of Hungary’s government in European Union circles is “constantly growing”, Economy Minister Mihály Varga said after talks with a vice president of the European Commission. At a press conference held jointly with Valdis Dombrovskis, commissioner for the euro and social dialogue, Varga said that although there were disputes ongoing between Hungary and the EU, these issues mostly ...
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Balaton Shops Plea For Sunday Opening
- 20 Apr 2015 9:00 AM
- shopping
Local authorities around Lake Balaton have asked Economy Minister Mihály Varga to allow stores in the region to open on Sundays during the summer tourist season. It is not multinational chains but small local retailers who are keen to open on Sundays, Balaton Association head and Szigliget mayor Balázs Balassa underlined.
How Could A Hungarian Red Wine Win Accolade In Paris?
- 9 Apr 2015 9:00 AM
- food & drink
I've always fought against high-alcohol, high tannin, and hard to drink wines. A wine shouldn't have to punch you in the nose, says Tamás Dúzsi, who's won the trophy for best red at the 21st Vinalies Internationales in Paris, an all-time first for a Hungarian wine.
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 ...
Varga: Hungary Vies To Lead Region’s E-Bus Market
- 10 Mar 2015 8:00 AM
- getting around
Hungary’s goal is to become a leader in central Europe’s electric bus market, Economy Minister Mihály Varga said, presenting new Hungarian electric buses in the Buda Castle. Varga said the International Energy Agency had projected that by 2050 fully 70% of cars sold would be electric or hybrid.
Economy Minister Hails American Contribution To Hungary’s Economy
- 1 Jul 2015 9:00 AM
- business
Hungary has managed to successfully confront the financial crisis the repercussions of which Greece is suffering from even today, the Hungarian economy minister said at the business forum organized by the American Chamber of Commerce in Hungary. Investment and more efficient use of EU funds are likely to be the main drivers of future economic growth in Hungary, Mihály Varga said.
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 ...
Hungary Has “Growing Reputation In Brussels”
- 5 Jun 2015 9:00 AM
- current affairs
The reputation of Hungary’s government in European Union circles is “constantly growing”, Economy Minister Mihály Varga said after talks with a vice president of the European Commission. At a press conference held jointly with Valdis Dombrovskis, commissioner for the euro and social dialogue, Varga said that although there were disputes ongoing between Hungary and the EU, these issues mostly ...
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Balaton Shops Plea For Sunday Opening
- 20 Apr 2015 9:00 AM
- shopping
Local authorities around Lake Balaton have asked Economy Minister Mihály Varga to allow stores in the region to open on Sundays during the summer tourist season. It is not multinational chains but small local retailers who are keen to open on Sundays, Balaton Association head and Szigliget mayor Balázs Balassa underlined.
How Could A Hungarian Red Wine Win Accolade In Paris?
- 9 Apr 2015 9:00 AM
- food & drink
I've always fought against high-alcohol, high tannin, and hard to drink wines. A wine shouldn't have to punch you in the nose, says Tamás Dúzsi, who's won the trophy for best red at the 21st Vinalies Internationales in Paris, an all-time first for a Hungarian wine.
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 ...
Varga: Hungary Vies To Lead Region’s E-Bus Market
- 10 Mar 2015 8:00 AM
- getting around
Hungary’s goal is to become a leader in central Europe’s electric bus market, Economy Minister Mihály Varga said, presenting new Hungarian electric buses in the Buda Castle. Varga said the International Energy Agency had projected that by 2050 fully 70% of cars sold would be electric or hybrid.