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HUNGARY GDP
Global Market: Emerging markets lean on global funds, but face rising risk of sudden capital flightEmerging economies now depend heavily on global investors like hedge funds for funding. This shift, driven by a retreat of traditional bank...- NATO says defence spending rose 20 percent last yearA NATO report on Thursday said military spending by member states rose by a fifth year-on-year in 2025 to $574 billion. The NATO report sai...
- Once prosperous, Hungary is now the poorest nation in EU — meanwhile, this tiny nation tops the wealth rankingsHungary has become the EU's poorest country in household welfare, with consumption at 72% of the EU average, according to Eurostat data. Wh...
- Oracle's Larry Ellison, 2nd richest in world after $26B fortune surge, richer than many countriesLarry Ellison's net worth surged by $26 billion, elevating him to the world's second-richest person with $243 billion, surpassing Jeff Bezo...
- Rising rates pressuring countries' credit ratings, S&P Global warnsA report by the firm on Wednesday said that heavily indebted Italy would face its highest debt bill as a percentage of its GDP since 2012 w...
- Smartkarma Research: Which EM currency has suffered the most since Russia’s invasion of Ukraine?Moreover, the cross-correlations within the EM currency universe have increased during this period, which is indicative of a broad risk-off...
- Changing times: Auto industry set to put brakes on central Europe's Covid-19 recoveryAfter communist rule ended three decades ago, the auto sector became an important source of foreign investment, employment and growth. But ...
- Apollo Tyres to invest 442.2 mn euros for new plant in HungaryThe company decided to go ahead with the new plant in Eastern Europe after its failed $2.5 billion takeover os US-based Cooper Tire.
- EU's emerging economies shine in Q1, shrug off UkraineThe data showed that in the first 3 months the region's economies were not affected by the Ukraine crisis and benefited from a strong perfo...
- EU to freeze funds for Hungary, send message on deficitsEU finance ministers are planning to freeze 495 million euros in aid to Hungary on Tuesday for failing to control its budget deficit, diplo...
- Public debt-GDP ratio must be capped for economic stability, says RBI Governor Duvvuri Subbarao"Even in the case of sovereign debt, there is an inflexion point beyond which fiscal deficit militates against growth," Subbarao said.
- RBI Governor D Subbarao proposes cap on public debtThe Reserve Bank of India has proposed a cap on the debt to GDP ratio as a high debt component in the economy complicates monetary policy.
- Russell Investments classifies UAE as 'emerging market'This represents the largest difference by weight between the comparable Russell and MSCI Frontier and Emerging Index offerings.
- Hungary's tough new laws worry other EU countriesInsiders, meanwhile, say that senior officials of the European Commission - the EU government - are extremely displeased both with Orban's ...
- Chances of double-dip recession are remote, but stocks may correctThe chances of double-dip recession are remote, but we may be entering a phase of a healthy stock market correction.
- Hungary backtracks on talk about defaultHungary's govt tried to calm investors and distanced itself from earlier comments claiming that the country was close to default. Greece cr...
- Hungary backtracks on talk about defaultHungarian State Secretary Mihaly Varga says recent comments by government officials talking about Hungary being close to defaulting on its ...
- Euro entry rhetoric no prop for emerging Europe FXEmerging European currencies are set to weaken further as investors increasingly call into question the credibility of governments' ambitio...
- Hungary to get $25.1 billion in IMF-led aid dealThe news drove the benchmark BUX stock index to close up by a massive 14 percent and pushed the Hungarian currency the forint higher agains...
- 'Indians are world's most confident consumers'Indians remain the world's most confident consumers with a vast majority of them seeing bright prospects ahead on the jobs & economy fronts.
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