155 result(s) for september in Business
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Fitch To Review Hungary’s Credit Rating This Week
- 14 Nov 2016 8:00 AM
- business
Ratings agency Fitch will review Hungary’s sovereign credit rating on November 18. This will be the last scheduled sovereign credit rating review of Hungary in 2016. Fitch raised Hungary’s sovereign rating to “BBB-” from “BB+”, moving it back to investment grade with a “stable” outlook for the rating in May.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Jobless Rate 4.9% In July-September
- 28 Oct 2016 9:00 AM
- business
Hungary’s rolling average three-month jobless rate reached 4.9% in July- September, the Central Statistical Office (KSH) reported. The rate, which covers unemployment among 15 to 74-yearolds, was level with that in June-August but fell from 6.4% in the same period a year earlier.
Banks Offer New Basic Accounts
- 18 Oct 2016 9:00 AM
- business
Banks have begun offering a cheap, so-called basic bank account to clients from October 15, as mandated in a law passed in early September. Banks’ maximum charges on such accounts are set at 1.5% of the minimum wage at the end of the previous year, or Ft 1,575 at present.
Hungary’s VAT Gap Down By More Than 4 Percent In One Year
- 13 Sep 2016 9:00 AM
- business
As the latest tax gap report by the European Commission points out, Hungary’s measures against tax fraud and avoidance have been successful: the VAT gap fell by more than 4 percentage points in one year.
Inflation Edges Down 0.1% In August
- 9 Sep 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.1% in August, dropping for the fourth month in a row, the Central Statistical Office (KSH) said. The decline slowed from 0.3% in July. CPI dropped on a 4.1% fall in prices for the category of goods that includes vehicle fuel. Food prices were up by 0.6%, the price of alcohol and tobacco climbed by 1.9% and service prices rose by 1.1%.
Coloplast Inaugurates HUF 6 BN Expansion In Hungary
- 26 Aug 2016 9:00 AM
- business
Danish medical supplies company Coloplast inaugurated a 6 billion forint production hall at its base in Tatabánya, in north-western Hungary. Coloplast will make the company’s newest family of products in the 20,000sqm production hall, said Coloplast Hungary managing director Boris Kovac.
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.
Fitch Affirms Hungary Rating At ‘BBB -’ With Stable Outlook
- 21 Nov 2016 8:00 AM
- business
Fitch Ratings has affirmed Hungary’s Long-Term Foreign and Local Currency Issuer Default Ratings (IDR) at ‘BBB-’ with a Stable Outlook. Hungary’s ratings reflect the country’s membership in the European Union, strong governance indicators, high GDP per capita and reduced external debt, Fitch said.
Fitch To Review Hungary’s Credit Rating This Week
- 14 Nov 2016 8:00 AM
- business
Ratings agency Fitch will review Hungary’s sovereign credit rating on November 18. This will be the last scheduled sovereign credit rating review of Hungary in 2016. Fitch raised Hungary’s sovereign rating to “BBB-” from “BB+”, moving it back to investment grade with a “stable” outlook for the rating in May.
Varga: Moody’s Upgrade To Open ‘New Chapter’
- 7 Nov 2016 8:00 AM
- business
The upgrade of Hungary’s sovereign rating by Moody’s means that all three big ratings agencies have Hungary in investment grade and this could open a “new chapter” in efforts to reduce the country’s public debt, Economy Minister Mihály Varga said.
Jobless Rate 4.9% In July-September
- 28 Oct 2016 9:00 AM
- business
Hungary’s rolling average three-month jobless rate reached 4.9% in July- September, the Central Statistical Office (KSH) reported. The rate, which covers unemployment among 15 to 74-yearolds, was level with that in June-August but fell from 6.4% in the same period a year earlier.
Banks Offer New Basic Accounts
- 18 Oct 2016 9:00 AM
- business
Banks have begun offering a cheap, so-called basic bank account to clients from October 15, as mandated in a law passed in early September. Banks’ maximum charges on such accounts are set at 1.5% of the minimum wage at the end of the previous year, or Ft 1,575 at present.
Hungary’s VAT Gap Down By More Than 4 Percent In One Year
- 13 Sep 2016 9:00 AM
- business
As the latest tax gap report by the European Commission points out, Hungary’s measures against tax fraud and avoidance have been successful: the VAT gap fell by more than 4 percentage points in one year.
Inflation Edges Down 0.1% In August
- 9 Sep 2016 9:00 AM
- business
Consumer prices in Hungary fell by an annual 0.1% in August, dropping for the fourth month in a row, the Central Statistical Office (KSH) said. The decline slowed from 0.3% in July. CPI dropped on a 4.1% fall in prices for the category of goods that includes vehicle fuel. Food prices were up by 0.6%, the price of alcohol and tobacco climbed by 1.9% and service prices rose by 1.1%.
Coloplast Inaugurates HUF 6 BN Expansion In Hungary
- 26 Aug 2016 9:00 AM
- business
Danish medical supplies company Coloplast inaugurated a 6 billion forint production hall at its base in Tatabánya, in north-western Hungary. Coloplast will make the company’s newest family of products in the 20,000sqm production hall, said Coloplast Hungary managing director Boris Kovac.
NBH Leaves Base Rate Unchanged At 0.90%
- 24 Aug 2016 9:00 AM
- business
Hungarian rate setters kept the base rate unchanged at 0.90% at a policy meeting on Tuesday. The decision was in line with the expectations of analysts. The Council also left the interest rate corridor, a band around the base rate that prevents extreme fluctuations of interbank rates, unchanged at the meeting on Tuesday.