Hungary's international business daily

oecd

February 12, 2010, 11:11 CET

OECD sees Hungary deficit reaching 4.1% of GDP in 2010, over gov't target

The OECD projects Hungary's general government deficit could reach 4.1pc of GDP in 2010 in a survey published on Thursday, over the 3.8pc government target. The OECD projects Hungary's GDP will fall 1pc in 2010 in its Economic Survey of... [read complete entry]

November 23, 2009, 09:06 CET

Government, opposition spar over "distortion" of country's economic image

Hungary's government rejects main opposition Fidesz's criticism regarding its alleged distortion of the country's economic situation, government spokesman Domokos Szollar told MTI on Friday. Senior Fidesz official Peter Szijjarto earlier said the government was "delusional" when it "continued to paint... [read complete entry]

November 20, 2009, 10:51 CET

OECD projects deeper recession in Hungary than government

The OECD sees Hungary's gross domestic product falling by 6.9 percent in 2009 and 1.0 percent in 2010, slightly more than the respective 6.7 percent and 0.9 percent contractions forecast by the government, according to the organisation's latest Economic Outlook... [read complete entry]

June 25, 2009, 10:37 CET

OECD says Hungarian economy to stage slow recovery in 2010

After a deep recession this year, Hungary's economy may slowly recover in 2010, an OECD analysis said on Wednesday. OECD expects Hungary's GDP to contract by 6.1 percent in 2009, to be followed by a 2.2 percent recession next year.... [read complete entry]

June 24, 2009, 09:43 CET

OECD report faults Hungary for lack of action against corruption

Hungary does barely anything to curb corruption, Transparency International said in a report on the 36 countries who signed an OECD treaty on combating dishonesty. Of these countries, four have achieved a high level of success in the fight against... [read complete entry]

May 13, 2009, 10:41 CET

Report finds Hungary's wage taxes second highest in OECD

In 2008 Hungary continued to deduct the second highest labour taxes from employers and employees within the OECD, the Paris-based organisation said in its recent survey disclosed on Tuesday. Belgium topped the list with 56.0 percent, followed by Hungary with... [read complete entry]

October 21, 2008, 08:37 CET

OECD says Hungary lags in innovation

Organization for Economic Co-operation and Development (OECD) Department Chief Jean Guinet said in Budapest on Monday that Hungary's innovation output has lagged significantly behind that expected over the past few years.... [read complete entry]

October 06, 2008, 09:15 CET

Number of college graduates in Hungary well below OECD average

The proportion of university and college graduates in Hungary's 25-64-year-old population was relatively low - 17 percent - in 2006 as compared to the 26 percent average of the OECD countries, a recent OECD survey revealed.... [read complete entry]

March 26, 2008, 10:35 CET

Hungary "tops" OECD survey of manufacturing wage growth

Hungary has topped an OECD survey for gross wage growth in the manufacturing sector. [read complete entry]

March 13, 2008, 11:05 CET

OECD study puts Hungary second on list of countries with highest labor taxes

Hungary imposes the second highest tax wedge in the OECD, according to the latest annual study on labor taxes by the rich-country club. [read complete entry]

February 07, 2008, 11:51 CET

Investors threaten to bolt Hungary as government dawdles on tax reform

A long-awaited plan by the Hungarian government to reform the country's tax system is losing steam as the ruling Socialist-Liberal coalition's partners wrangle over just how much room is available for cutting taxes, leaving some investors to openly mull exiting.... [read complete entry]