Economy

PRESS MONITOR

International news sources report on Hungarian economics and finance.


AmCham Shows Hungarian Electronics as Biggest Contributor to GDP

The American Chamber of Commerce has disagreed and recalculated with the statistical results of the Central Statistical Office (KSH).


Fourth Purchase of Mortgage Bonds in the Primary Market

Under the mortgage bond purchase program announced by the Monetary Council on February 8, 2010, the MNB has made its fourth purchase of mortgage bonds in the Hungarian primary market.


Think Tank Says Export-Driven Growth Will Hit 1 Pct

According to the forecast of GKI Economic Research Co. prepared in co-operation with Erste Bank, the mostly exports driven GDP growth rate will be approximately 1 pct.


PRESS MONITOR

Guardian
To Viktor Go the Spoils: How Hungary Blazes a Trail in Europe.


Hungarian Insurers' Premium Revenue Climbs 11 Pct in Q1

Hungarian insurers' combined revenue from premiums climbed 11 pct to HUF 244.5 billion in the first quarter from the same period a year earlier, fresh data published by financial market regulator PSZAF on August 9 show.


Trade Balance Showed a Surplus of EUR 567 Million

In June 2010, according to first estimates, exports amounted to EUR 6,284 million, while the value of imports reached EUR 5,717 million.


Industrial Output Increased by 15.2 Pct in June

According to preliminary data in June 2010, the industrial gross output increased by 15.2 pct compared to June 2009, the index adjusted by working days rose by 12.6 pct.


Government to Launch Consultations on New Széchenyi Development Plan

The government is to launch a series of consultations, presenting the outlines of the new Széchenyi plan – the government's new development plan – at a meeting of entrepreneurs.


Hungary Is Second Globally and First in Europe in Terms of Value for Money

According to the largest Swedish daily paper, Aftonbladet, Hungary offers excellent value for money.


News Monitoring