51 result(s) for forecasts in Business
Xpat Opinion: Audi’s Long-term Investment In Hungary
- 27 Jun 2013 9:00 AM
- business
Next year, we celebrate the 20th anniversary of the opening of the first Audi manufacturing facility in Hungary. In those nearly 20 years in Győr, the German carmaker has employed thousands of workers locally, supported Hungarian businesses that provide the factory’s supply chain with goods and services, and sponsored local sports teams and other programs.
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Fiscal Measures Available In Hungary To Ensure Lifting Of Excessive Deficit Procedure
- 13 May 2013 9:00 AM
- business
During recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission ...
Hungary's Annual Economic Policy Consultation With IMF & EU Concluded Successfully
- 29 Jan 2013 8:04 AM
- business
Representatives from the International Monetary Fund and the European Commission met with leaders and experts from the Hungarian Government, the National Bank of Hungary, the Hungarian Financial Supervisory Authority, and with certain financial sector operators, within the framework of their annual economic policy consultation. The meetings included negotiations on economic forecasts for winter ...
Hungary's Downgrade By Standard&Poor’s Rating Services Should Not Be Taken Seriously
- 27 Nov 2012 8:02 AM
- business
Rating agencies can no longer be taken seriously as they were the ones that suffered the largest loss of credibility during the years of crisis. Having failed to predict the financial crisis, they are a thing of the past now. The future will not depend on them or on speculators, but on countries and production. Instead of credit rating agencies, Hungary has been assessed by investors which have ...
Hungary's June Trade Surplus Beats Forecasts
- 13 Aug 2012 9:00 AM
- business
The trade surplus grew to €761.7 million in June, from €570.8 million one year earlier, according to preliminary data from the Central Statistics Office. Exports saw 5.6% growth, to €6.9 billion, while imports were 3% higher, at €6.1 billion.
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Exports Lower In December In Hungary
- 16 Feb 2012 8:00 AM
- business
"Exports were down 0.9% year-on-year in December, in euro terms, while imports went up 0.1%, according to preliminary data from the Central Statistics Office. The trade surplus fell to €352.1 million from €413.6 million one year earlier.
Xpat Opinion: Audi’s Long-term Investment In Hungary
- 27 Jun 2013 9:00 AM
- business
Next year, we celebrate the 20th anniversary of the opening of the first Audi manufacturing facility in Hungary. In those nearly 20 years in Győr, the German carmaker has employed thousands of workers locally, supported Hungarian businesses that provide the factory’s supply chain with goods and services, and sponsored local sports teams and other programs.
Xpat Opinion: More Signs Of A Recovering Economy In Hungary
- 20 Jun 2013 12:50 PM
- business
By Ferenc Kumin: Late last month, the European Commission announced that it would recommend that Hungary, after nine long years, exit the Excessive Deficit Procedure. The good news , as I wrote at the time, came on the heels of other encouraging reports of promising FDI and consumer skepticism data. Now, yet more hopeful signs that back Prime Minister Orbán’s cautious optimism about a slowly, but ...
Hungary’s Economic Performance Is Acknowledged: Excessive Deficit Procedure Lifted
- 29 May 2013 2:00 AM
- business
The European Commission has announced its proposal to abrogate the excessive deficit procedure against Hungary. On 30 May 2012, based on the 2012 convergence programme and further specification of savings measures, the Commission concluded that Hungary has taken effective action regarding the correction of the excessive deficit. Despite Commission forecasts well in excess of 3%, the actual ...
Fiscal Measures Available In Hungary To Ensure Lifting Of Excessive Deficit Procedure
- 13 May 2013 9:00 AM
- business
During recent years, Hungary has moved from being one of the worst performing European countries to become one of the frontrunners of the EU, a result of the Government’s consistent economic policy, Government Spokesperson András Giró-Szász stated at a joint press conference on Friday. He emphasised that the Hungarian Government is convinced that the measures requested by the European Commission ...
Hungary's Annual Economic Policy Consultation With IMF & EU Concluded Successfully
- 29 Jan 2013 8:04 AM
- business
Representatives from the International Monetary Fund and the European Commission met with leaders and experts from the Hungarian Government, the National Bank of Hungary, the Hungarian Financial Supervisory Authority, and with certain financial sector operators, within the framework of their annual economic policy consultation. The meetings included negotiations on economic forecasts for winter ...
Hungary's Downgrade By Standard&Poor’s Rating Services Should Not Be Taken Seriously
- 27 Nov 2012 8:02 AM
- business
Rating agencies can no longer be taken seriously as they were the ones that suffered the largest loss of credibility during the years of crisis. Having failed to predict the financial crisis, they are a thing of the past now. The future will not depend on them or on speculators, but on countries and production. Instead of credit rating agencies, Hungary has been assessed by investors which have ...
Hungary's June Trade Surplus Beats Forecasts
- 13 Aug 2012 9:00 AM
- business
The trade surplus grew to €761.7 million in June, from €570.8 million one year earlier, according to preliminary data from the Central Statistics Office. Exports saw 5.6% growth, to €6.9 billion, while imports were 3% higher, at €6.1 billion.
Inflation Jumps To 5.6% In Hungary, Beats Forecasts
- 17 Jul 2012 9:00 AM
- business
Inflation stood at 5.6% in June, above analysts’ forecasts, after rising 5.3% year-on-year in May, the Central Statistics Office announced last week. Core inflation, stripping out the impacts of energy and food prices, was 4.9%. The spike in consumer prices was due to higher taxes, including VAT and excise taxes, analysts said. Excluding these effects, inflation rose 3.4% year-on-year in June.
Exports Lower In December In Hungary
- 16 Feb 2012 8:00 AM
- business
"Exports were down 0.9% year-on-year in December, in euro terms, while imports went up 0.1%, according to preliminary data from the Central Statistics Office. The trade surplus fell to €352.1 million from €413.6 million one year earlier.