200 result(s) for eu gdp in Business
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
Varga: Strong National Economies Key To Europe’s Rebound After Brexit
- 13 Jul 2016 9:00 AM
- business
Sovereign national economies are key to Europe regaining its competitiveness after Britain’s exit from the bloc, Economy Minister Mihály Varga told a meeting of the EU’s finance ministers in Brussels. The EU ministers met to discuss, among other things, measures that need to be taken at the national and EU levels to offset the negative effects of Brexit, a statement from the economy ministry said.
Moody’s Could Upgrade Hungary In November
- 12 Jul 2016 9:00 AM
- business
Moody’s decision to postpone a review of Hungary’s sovereign rating scheduled for Friday may have been a disappointment, but the ratings agency could still put the country back into investment grade at its next review in November, analysts said. Moody’s kept Hungary’s sovereign rating at “Ba1”, one notch below investment grade. The outlook for the rating is “positive”.
Moody’s Could Upgrade Hungary In November
- 12 Jul 2016 12:00 AM
- http://www.hatc.hu
- business
Moody’s decision to postpone a review of Hungary’s sovereign rating scheduled for Friday may have been a disappointment, but the ratings agency could still put the country back into investment grade at its next review in November, analysts said. Moody’s kept Hungary’s sovereign rating at “Ba1”, one notch below investment grade. The outlook for the rating is “positive”.
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Varga: Brexit Could Slow Hungarian GDP Growth By 0.4%
- 20 Jun 2016 9:00 AM
- business
The exit of Great Britain from the European Union could slow the speed of Hungarian GDP growth by 0.3-0.4 of a percentage point, National Economy Minister Mihály Varga said at a press conference regarding the 2017 Hungarian budget bill.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.
Varga: No Hurry To Adopt Euro
- 5 Aug 2016 9:00 AM
- business
Mihály Varga, the economy minister, said Hungary is in no hurry to adopt the euro and will not join the ERM-II system next year. In an interview to Figyelő he said adopting the euro in 2020 would be hasty from the economy’s point of view, adding that competitiveness must be improved first.
Varga: Strong National Economies Key To Europe’s Rebound After Brexit
- 13 Jul 2016 9:00 AM
- business
Sovereign national economies are key to Europe regaining its competitiveness after Britain’s exit from the bloc, Economy Minister Mihály Varga told a meeting of the EU’s finance ministers in Brussels. The EU ministers met to discuss, among other things, measures that need to be taken at the national and EU levels to offset the negative effects of Brexit, a statement from the economy ministry said.
Moody’s Could Upgrade Hungary In November
- 12 Jul 2016 9:00 AM
- business
Moody’s decision to postpone a review of Hungary’s sovereign rating scheduled for Friday may have been a disappointment, but the ratings agency could still put the country back into investment grade at its next review in November, analysts said. Moody’s kept Hungary’s sovereign rating at “Ba1”, one notch below investment grade. The outlook for the rating is “positive”.
Moody’s Could Upgrade Hungary In November
- 12 Jul 2016 12:00 AM
- http://www.hatc.hu
- business
Moody’s decision to postpone a review of Hungary’s sovereign rating scheduled for Friday may have been a disappointment, but the ratings agency could still put the country back into investment grade at its next review in November, analysts said. Moody’s kept Hungary’s sovereign rating at “Ba1”, one notch below investment grade. The outlook for the rating is “positive”.
Budget Shortfall HUF 402.1BN In H1, 52.8% Of Full -Year Target
- 8 Jul 2016 9:00 AM
- business
Hungary’s cash-flow-based budget deficit, excluding local councils, was 402.1 billion forints (EUR 1.3bn) in the first six months of 2016, according to a first reading of data released by the Economy Ministry. The deficit reached 52.8% of the 761.6 billion forint full year target. In June alone, the general government ran a 388.9 billion forint deficit, up from 312.2 billion forints a year ...
NBH: Hungary Prepared For Brexit Effects
- 25 Jun 2016 9:00 AM
- business
The National Bank of Hungary (NBH) has prepared for both outcomes of the British vote on European Union membership, NBH managing director Dániel Palotai told MTI after UK voters decided to leave to bloc at a referendum. “We continuously monitor the reactions of financial markets,” Palotai said on the sidelines of a conference. “We have all the necessary tools to ensure financial stability,” he ...
Gross Wages Rise 6.4% In April
- 22 Jun 2016 9:00 AM
- business
The average gross wage in Hungary was 264,471 forints (EUR 845) in April, up by 6.4% from the same month a year earlier, the Central Statistical Office (KSH) said. Net wage growth outpaced the increase, rising by 8.0% to 175,874 forints, because of a one percentage point cut in the personal income tax rate, to 15%, from January.
Varga: Brexit Could Slow Hungarian GDP Growth By 0.4%
- 20 Jun 2016 9:00 AM
- business
The exit of Great Britain from the European Union could slow the speed of Hungarian GDP growth by 0.3-0.4 of a percentage point, National Economy Minister Mihály Varga said at a press conference regarding the 2017 Hungarian budget bill.
Govt Plans Major Easing In 2017 Budget Bill
- 7 Jun 2016 9:00 AM
- business
The 2.4% ESA deficit targeted by the government in the 2017 budget bill amounts to a considerable easing compared with the falling deficit trend set in Hungary’s 2015 convergence plan or expected in the NBH’s March Inflation Report, the National Bank of Hungary (NBH) said in its Budget Report.