The Organisation for Economic Cooperation and Development lowered its projection for Hungary’s GDP growth next year to 2.5 percent in volume terms in a forecast published on Monday from the[…]
Standard and Poor’s Global Ratings has raised its long- and short-term foreign and local currency sovereign credit ratings on Hungary to BBB-/A-3 from BB+/B, putting the country back in investment[…]
Crude oil has a key role among raw materials, it is an essential component in the functioning of many industries and it constitutes an integral part of world trade. In[…]
An upgrade of Hungary back to investment grade by ratings agency Fitch is a result of economic reforms the government started in 2010, Minister of National Economy Mihály Varga has[…]
Hungary’s GDP grew an unadjusted 0.9 percent year-on-year in the first quarter of 2016, the Central Statistical Office (KSH) has said in a first reading of data. The preliminary number[…]
“Strong economic growth has returned” to Hungary, the Organisation for Economic Co-operation and Development said in a survey last Friday, putting GDP growth at 2.5 percent in 2016 and 3[…]
Staff of the International Monetary Fund (IMF) called for structural policies to improve the investment climate, enhance competitiveness and address weaknesses in the labour market in a report following scheduled[…]
CIB Group expects to see further recovery on the Hungarian property market in 2016 due to a favourable investment environment combined with certain governmental stimulants. The bank group says demand[…]
The Hungarian central bank played a master stroke in March, lowering inflation forecasts sharply and cutting rates in response to inflation surprises having overtaken it over the past quarter. An[…]
Standard and Poor’s Ratings Services last Friday affirmed its ‘BB+/B’ long- and short-term foreign and local currency sovereign credit ratings on Hungary. The outlook for Hungary remains stable, S&P said.[…]
