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  • Tagged: GDP

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    Market services, farms aid GDP

    • 25. November 2016 - by BT in Brief

    GDP rose two percentage points year-on-year in Q3, a first reading of data by the Central Statistical Office (KSH) has shown. Market services and the farm sector contributed the most[…]

    0

    NBH sees inflation stability

    • 30. September 2016 - by BT in Brief

    Inflation remains persistently low and will approach 3pc, which represents price stability, only by mid-2018, the National Bank of Hungary (NBH) says in its fresh Inflation Report. In the previous[…]

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    Matolcsy wary of eurozone

    • 23. September 2016 - by BT in Brief

    Hungary should only adopt the euro if its GDP per capita reaches the European Union average and if its state debt as a percentage of GDP falls under the 50pc[…]

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    GDP growth accelerates

    • 26. August 2016 - by BT in Brief

    GDP rose 2.6pc year-on-year in the second quarter, from 0.9pc growth in Q1, the Central Statistics Office (KSH) has said. Market services, industry and farming contributed most to the increase.[…]

    Angel Gurria (left) with President 
János Áder

    0

    Strong progress but still problems

    OECD: reforms needed to give backbone to growth

    • 13. May 2016 - by BT in Economy

    “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[…]

    BT

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    Economy still can’t make the grade

    S&P maintains Hungary’s junk rating with stable outlook

    • 25. March 2016 - by BT in Economy

    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.[…]

    Personal income tax will remain at 15 percent: Varga

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    More funding ‘for everyone’

    Opposition unimpressed as Varga offers 2017 budget carrots

    • 1. March 2016 - by BT in Economy

    Tax cuts, the government’s home-building scheme and growth will be the centrepieces of next year’s budget, Minister of National Economy Mihály Varga told Parliament on Tuesday. He said the budget[…]

    03

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    Moody’s upgrade ‘sign of success’

    • 15. November 2015 - by BT in Economy

    Rating agency Moody’s Investors Service raised the outlook on Hungary’s “Ba1” sovereign long-term issuer rating, one notch under investment grade, to “positive” from “stable” in a scheduled review last Friday.[…]

    03

    0

    Economic numbers looking positive

    European Commission sees stable growth in Hungary

    • 14. November 2015 - by BT in Economy

    The European Commission sees Hungary’s economic growth at 2.9 percent this year, 2.2 percent next year and 2.5 percent in 2017, according to the European body’s autumn forecast. Hungary will[…]

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    Varga has growth message

    • 6. November 2015 - by BT in Brief

    Despite the bleak prospects of the world economy, Hungary could keep its economy growing through accelerated payout of EU funding, raising bank lending, creating a flexible labour market and supporting[…]

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