160 result(s) for len in Business
Businesses, Households To Make EUR 830m-900m In Tax Savings Next Year
- 19 Nov 2017 9:00 AM
- business
Hungarian businesses and households will make 260-280 billion forints (EUR 830m-900m) in tax savings next year, Economy Minister Mihály Varga said in Wednesday’s issue of daily Magyar Idők. The reduction in the payroll tax by 2.5 percentage points to 19.5 percent will save businesses 200 billion forints next year, Varga said.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Tax Office Collects HUF 31 Bn Over Target In 2016
- 7 Feb 2017 7:00 AM
- business
Hungary’s tax and customs office NAV collected 12,793 billion forints (EUR 41.2m) in revenue in 2016, some 31 billion more than the annual target, the head of the authority said.
Businesses, Households To Make EUR 830m-900m In Tax Savings Next Year
- 19 Nov 2017 9:00 AM
- business
Hungarian businesses and households will make 260-280 billion forints (EUR 830m-900m) in tax savings next year, Economy Minister Mihály Varga said in Wednesday’s issue of daily Magyar Idők. The reduction in the payroll tax by 2.5 percentage points to 19.5 percent will save businesses 200 billion forints next year, Varga said.
EC Raises Hungary GDP Growth Forecasts
- 10 Nov 2017 7:56 AM
- business
The European Commission has raised its projections for GDP growth in Hungary to 3.7% for this year and 3.6% for 2018 in a fresh forecast. The projections for 2017 and 2018 were raised from 3.6% and 3.5%, respectively, in the EC’s spring economic forecast, released in May. The EC publishes such forecasts three times a year.
Moody’s Keeps Positive Outlook On Hungary’s Banking Sector
- 3 Oct 2017 8:38 AM
- business
Moody’s Investors Service has maintained its outlook on Hungary’s banking system at positive due to its expectation that the country’s improving economy will bolster banks’ loan quality and support moderate profitability, while capital buffers remain stable.
S&P’s Revises Outlook On Hungary Rating To ‘Positive’
- 29 Aug 2017 12:40 PM
- business
Standard and Poor’s Global Ratings on Friday said it revised the outlook on Hungary’s ‘BBB-/A-3’ long- and short-term foreign and local currency sovereign credit ratings to ‘positive’ from ‘stable’. This new rating shows that the government has handled challenges well with its economic policies, Economy Minister Mihály Varga told MTI.
Strong Growth In Hungary SME Lending Continued In 2017 Q2
- 29 Aug 2017 11:42 AM
- business
In 2017 Q2, developments in corporate and household lending showed a further improvement. The annual growth rate of total corporate loans accelerated to 7 per cent. Lending to SMEs, including the self-employed sector, expanded by 13 per cent. As a result, SME lending was able to grow on market basis following the termination of the Funding for Growth Scheme.
IMF Welcomes Hungary’s Strong Economic Performance, But Calls For Structural Reforms
- 15 May 2017 9:16 AM
- business
Executive directors of the International Monetary Fund (IMF) have praised Hungary for its continued strong economic performance but noted that the still high external and public debt levels call for rebalancing the policy mix and advancing structural reforms, in a statement issued on Friday.
EC: Economy On Track, But Hungary Slow To Act On Recommendations
- 23 Feb 2017 6:50 AM
- business
The European Commission acknowledged Hungary’s “solid” economic performance and improved labour market situation, but said the country had made “limited progress” in addressing recommendations made in 2016 in a European Semester report released on Wednesday.
European Commission Raises GDP Growth Forecast For Hungary
- 16 Feb 2017 7:42 AM
- business
Hungary’s real-term GDP growth is expected to be 3.5 percent this year, the European Commission said in its 2017 winter economic forecast released on Monday, in an upward revision from the 2.6 percent growth predicted in its earlier autumn forecast in November.
Tax Office Collects HUF 31 Bn Over Target In 2016
- 7 Feb 2017 7:00 AM
- business
Hungary’s tax and customs office NAV collected 12,793 billion forints (EUR 41.2m) in revenue in 2016, some 31 billion more than the annual target, the head of the authority said.