189 result(s) for stand in Business
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Varga Welcomes S&P Decision, Eyes Bumpy Road Ahead
- 19 Sep 2016 9:00 AM
- business
Speaking at an event for economists in Kecskemét, in western Hungary, Economy Minister Mihály Varga said Standard and Poor’s analysts had noticed the successful reform of Hungary’s economy and that growth has stabilised. Meanwhile, the public debt has declined and the internal structure of the debt improved, he added.
Hungary Q2 GDP Growth Rate Confirmed At 2.6%
- 7 Sep 2016 9:00 AM
- business
Hungary’s economy grew by an annual 2.6% in the second quarter, up from 1.1% in the first quarter, the Central Statistical Office (KSH) confirmed in a second reading of data. KSH revised Q1 upward by two-tenths of a percentage point on the back of better farm sector output.
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.
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
Moody’s Leaves Hungary’s Debt In ‘Junk’ Range
- 11 Jul 2016 9:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency said. Moody’s rates Hungary “Ba1”, one notch below investment grade. The outlook for the rating is “positive”. Moody’s also did not update Hungary’s rating at a scheduled review on March 5.
Gulyás: Brexit A Major Loss But Doesn’t Threaten EU, Hungary Economies
- 27 Jun 2016 9:00 AM
- business
Britain’s exit from the European Union is a major political loss but it does not put either Hungary or the EU’s economy under threat, Gergely Gulyás, deputy group leader of the ruling Fidesz party, said at the weekend. Hungary will continue to stand by its position that it does not want to live in a “United States of Europe” but rather in a Europe of nation states, Gulyás said.
Hewlett-Packard Partners With Hungarian IVM
- 22 Jun 2016 9:00 AM
- business
The international management of Hewlett-Packard (HP) signed a partnership agreement with Hungarian IVM Zrt. on June 14, under which the Hungarian company will provide HP with vending machines for its products.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...
S&P Bumps Hungary Back Into Investment Grade
- 19 Sep 2016 9:00 AM
- business
Standard and Poor’s raised its longand short-term foreign and local currency sovereign credit ratings on Hungary to ‘BBB-/A-3’ from ‘BB+/B’, putting the country back in investment grade. S&P also raised its rating for the National Bank of Hungary (NBH) to ‘BBB-’ from ‘BB+’. The outlook on both Hungary and the NBH is stable.
Varga Welcomes S&P Decision, Eyes Bumpy Road Ahead
- 19 Sep 2016 9:00 AM
- business
Speaking at an event for economists in Kecskemét, in western Hungary, Economy Minister Mihály Varga said Standard and Poor’s analysts had noticed the successful reform of Hungary’s economy and that growth has stabilised. Meanwhile, the public debt has declined and the internal structure of the debt improved, he added.
Hungary Q2 GDP Growth Rate Confirmed At 2.6%
- 7 Sep 2016 9:00 AM
- business
Hungary’s economy grew by an annual 2.6% in the second quarter, up from 1.1% in the first quarter, the Central Statistical Office (KSH) confirmed in a second reading of data. KSH revised Q1 upward by two-tenths of a percentage point on the back of better farm sector output.
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.
Moodyʼs Upgrades K&H, Erste, Budapest Bank And MKB
- 28 Jul 2016 9:00 AM
- business
Moodyʼs Investors Service said late yesterday it upgraded the ratings of K&H Bank in Hungary, Erste Bank Hungary, Budapest Bank and MKB Bank, Hungarian news agency MTI reported.
Moody’s Leaves Hungary’s Debt In ‘Junk’ Range
- 11 Jul 2016 9:00 AM
- business
Moody’s did not update Hungary’s sovereign rating, although it was on its EU sovereign rating calendar on Friday, the ratings agency said. Moody’s rates Hungary “Ba1”, one notch below investment grade. The outlook for the rating is “positive”. Moody’s also did not update Hungary’s rating at a scheduled review on March 5.
Gulyás: Brexit A Major Loss But Doesn’t Threaten EU, Hungary Economies
- 27 Jun 2016 9:00 AM
- business
Britain’s exit from the European Union is a major political loss but it does not put either Hungary or the EU’s economy under threat, Gergely Gulyás, deputy group leader of the ruling Fidesz party, said at the weekend. Hungary will continue to stand by its position that it does not want to live in a “United States of Europe” but rather in a Europe of nation states, Gulyás said.
Hewlett-Packard Partners With Hungarian IVM
- 22 Jun 2016 9:00 AM
- business
The international management of Hewlett-Packard (HP) signed a partnership agreement with Hungarian IVM Zrt. on June 14, under which the Hungarian company will provide HP with vending machines for its products.
OECD Lowers Hungary Forecast For 2016 GDP Growth
- 2 Jun 2016 9:00 AM
- business
The OECD has lowered its growth forecast for Hungary’s economy to 1.6% from 2.4% in the previous Economic Outlook released in November 2015. In its new report, the OECD maintained its 3.1% projection for Hungarian GDP growth next year. The organisation said “growth is projected to moderate in 2016 due to a temporary contraction in public investment as a new cycle of EU structural funds commences, ...