Earnings

The change started

27. Jan, 2012 in Earnings, Economic growth, Exports, Investment , Publications, Free publications

According to the forecast of GKI the successful accomplishment of negotiations with the IMF and the EU will be enough only for mitigating the contraction of GDP. The recovery of confidence of portfolio and particularly foreign direct investors may bring results only in 2013 the earliest.

Genuine change is needed in economic policy

29. Dec, 2011 in Earnings, Economic growth, Exports, Investment , Publications, Free publications

In its forecast released in September GKI has already indicated that external demand would slow down and domestic economic policy exerted a strongly adverse effect on domestic demand and financial trends. The Hungarian economy reached a dead end. Genuine turn is needed in economic policy.

 

There is a need for genuine change

07. Nov, 2011 in Earnings, Economic growth, Exports, Investment , Publications, Free publications

GKI forecasts that even to start the negotiations with the IMF successfully, genuine economic policy change and the return to market economy principles are required. Next year, however, this would only be enough to mitigate the decline. Regaining the confidence of financial capital and FDI markets can be expected only by 2013, at best.

Signs of recession

01. Nov, 2011 in Earnings, Economic growth, Exports, Investment , Publications, Free publications

According to the forecast of GKI prospects for the next year are gloomy, and recession is looming, though less deep than two years ago. Inflation is accelerating, the general government deficit is larger than planned, however, it probably will be less than 3 per cent.

Consumption drops by 3 per cent next year

09. Oct, 2011 in Earnings, Economic growth, Exports, Investment , Publications, Free publications

Prospects for the next year are gloomy, and recession is looming, though less deep than two years ago. This is only in part a consequence of the worsening global economic environment.

The forecast of GKI Economic Research Co. for 2011-2012

28. Sep, 2011 in Earnings, Economic growth, Exports, Investment , Szell Kalman Plan, Publications, Free publications

The deteriorating growth prospects of the Hungarian economy are in part a consequence of the worsening global economic environment and the uncertainties concerning the solvency of some countries. However, domestic economic policy played a decisive role.

Another about-face?

05. Mar, 2012 in Earnings, Economic growth, Exports, Investment , Publications, Free publications

Hungary’s financial assessment, which has become more favourable in recent months, may plunge if Hungary’s intentions to negotiate will not be followed by meeting the prerequisites specified by the IMF and the EU.

Growth below 2 percent, stagnating consumption

01. Sep, 2011 in Earnings, Economic growth, Exports, Investment , Szell Kalman Plan, Publications, Free publications

The expected rate of GDP growth this year and next year will be significantly slower, only between 1.5 and 2 per cent, based on recent international and national statistical data.

Slow improvement

03. Aug, 2011 in Earnings, Economic growth, Exports, Investment , Szell Kalman Plan, Publications, Free publications

As a result of the latest Greek rescue package, the negative effects of the European debt crisis have eased; however, Europe, including Hungary, is still in danger.

Statistics will improve

04. Jul, 2011 in Earnings, Economic growth, Exports, Investment , Szell Kalman Plan, Publications, Free publications

Some key indicators of the Hungarian economy are improving simultaneously with the easing of the global economic crisis; however, the real situation is not better than it was at the time of the change of government.

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