News tagged "gdp"
WRAPUP 2-Hungarian, Czech economies shrank throughout 2012on Feb 15, 2013 via YahooNews * Hungarian GDP shrinks 2.7 pct y/y in Oct-Dec, more thanforecast * Czech GDP down 1.7 pct y/y, in line with estimates * Romania, Bulgaria, Slovakia avoid contraction * Analysts say more monetary easing to come PRAGUE, Feb 14 (Reuters) - Weak exports and poor demand inhome markets pushed the Czech and Hungarian economies deeperinto recession at the end of 2012 with little sign yet of areturn to ...See details
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IMF experts see growth as concern for Hungary in mid-, long-termon Feb 13, 2013 via YahooNews The IMF projects Hungary's economy will stagnate this year. Hungary's government projects economic growth of 0.9% for 2013. Ivaschenko said Hungary could fall into a vicious circle without growth, affecting its level of state debt as a proportion of GDP too.See details
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Orb?n says Hungary should still seek IMF/EU safety net; augurs hard times ahead for Europeon Nov 18, 2012 via YahooNews Prime Minister Viktor Orb?n said in an interview on public radio on Friday that a recent European Commission report that projects Hungary's general government deficit will be under the 3% of GDP threshold next year shows the country can stand firmly on its own feet even without the International Monetary Fund. But he added that Hungary should still continue to seek a financial backstop because ...See details
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IMF lowers Hungary GDP projectionson Oct 09, 2012 via YahooNews In the previous outlook, published in April, the IMF expected Hungary's GDP to stagnate in 2012 and grow 1.8% in 2013. But, in an announcement released after the first round of credit negotiations with Hungary in July, the IMF said Hungary's real GDP is expected to contract in 2012 and recover only modestly in 2013.See details
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Hungary net financing requirement 1.9% of GDP in Q1on May 18, 2012 via YahooNews Hungary's general government net financing requirement rose to 5.1% of GDP in the fourth quarter of 2011 and reached 4.5% of GDP for the full year, excluding the effect of transfers of private pension fund assets to the state.See details
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Central Europe countries seen meeting EU deficit limit next yearon May 11, 2012 via YahooNews BRUSSELS (Reuters) - The European Commission expects the budget deficits of Central European countries to be within its official limit of 3 percent of GDP next year, including Hungary, but would not say whether it will allow Budapest access to funds frozen earlier this year. The Commission's deficit forecasts for Central European countries outside the euro zone, released on Friday as in the ...See details
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Hungary econmin-Govt won't alter economic policy-TVon Nov 20, 2011 via YahooNews * Hungary won "battle," IMF/EU see improvements-econmin * IMF, EU accept 2012 budget gap below 3 pct/GDP-minister * IMF/EU don't accept 2013 deficit to be below 3 pct/GDP BUDAPEST, Nov 20 ...See details
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Prime Minister says Hungary must strive to prevent uniform EU taxationon Aug 29, 2011 via YahooNews Hungary would continue its debt-reduction measures, as the country would remain in the danger zone until it brought its debt down to first 70%, then 60% of GDP, he said, speaking at a conference of Hungarian foreign-diplomatic officials on Monday.See details
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Hungary Q2 growth 'big disappointment' - analystson Aug 16, 2011 via YahooNews Data on Hungary's second-quarter GDP were a big disappointment, analysts told MTI on Tuesday.See details
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Hungary may need more steps to meet '12 budget goalon Jul 14, 2011 via YahooNews BUDAPEST - Hungary's government may need further steps on top of those announced so far to meet next year's 2.5 per cent of GDP budget deficit target after a one-off surplus this year, the central bank said on Wednesday.See details
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Hungarian non-financial companies still net lenders in Q1on Jul 12, 2011 via YahooNews Hungary's non-financial companies remained net lenders in the first quarter of 2011; their net financing capacity was HUF 136 billion or 2.2% of GDP during the period, national accounts data recently published by the National Bank of Hungary (MNB) showed.See details
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Hungary to cut govt debt to 77% by July, says PMon Jun 14, 2011 via YahooNews The Hungarian government will reduce the country's state debt from 81% of GDP to 77% in a single step to be announced next week, Prime Minister Viktor Orb?n told journalists in Belgrade on Tuesday.See details
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European Commission to put Hungary 2012 deficit over government targeton May 12, 2011 via YahooNews The European Commission will put Hungary's 2012 general government deficit over 3% of GDP -- exceeding the government's 2.5% target -- in fresh projections to be published on Friday, Hungarian website BruxInfo said on Thursday without naming any sources.See details
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Hungary submits updated Convergence Program to Brusselson Apr 18, 2011 via YahooNews The program, previously updated in January 2010, shows Hungary's general government deficit is set to fall to 1.9% of GDP in 2014, helped by measures in a structural reform program announced earlier. The updated program shows Hungary's gross state debt falling to 65% of GDP in 2015.See details
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Hungarian general gov't net financing requirement 5.3% of GDP in four quarters ending Q3on Jan 03, 2011 via YahooNews The net financing requirement of Hungary's general government totalled HUF 1,413 billion or 5.3% of GDP in the four quarters ending Q32010, the National Bank of Hungary (MNB) said, based on national account data.See details
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Hungary's Q3 GDP grows 1.7% yr/yr - revised slightly up from 1st readingon Dec 09, 2010 via YahooNews Hungary's GDP growth accelerated to 1.7% year-on-year in Q3 2010 according to both unadjusted and calendar-adjusted figures, the Central Statistical Office (KSH) said in a second reading.See details
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As many as ten years needed before Hungary's state debt falls to level of peerson Nov 18, 2010 via YahooNews Hungary needs 8-10 years of strict fiscal policy and an annual trade surplus of close to 4% of GDP to bring its external state debt to the level of other countries in the region, National Bank of Hungary governor Andr?s Simor said at a presentation to students of Budapest's Corvinus University.See details
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Hungary's 2011 Budget Calls For Government Job Cuts, Pension Fund Incomeon Oct 31, 2010 via YahooNews Hungary plans to cut as many as 30,000 public-sector jobs next year to help push the budget deficit below 3 percent of GDP, and predicts debt will fall as a wave of private pension fund portfolios returns to the state.See details
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Hungary plans to axe 25,000 public sector jobs - reporton Oct 13, 2010 via YahooNews BUDAPEST (Reuters) - Hungary plans tough public sector staff cuts in 2011 and may impose taxes on the energy sector to keep its pledge to the European Union to cut its budget deficit below 3 percent of GDP, a local website said on Tuesday.See details
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Hungary PM backs budget promises pension rules moveon Sep 14, 2010 via YahooNews Hungary's prime minister confirmed on Monday his government would strive to cut the 2011 budget deficit to 3 percent of GDP but said this would only work if the European Union allowed a change in pension accounting rules.See details
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Sources : YahooNews
