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Economy

OECD forecasts 0.4% GDP growth in Poland in 2023

Real GDP in Poland could see a weak 0.4% growth this year, but could rally to 2.6% in 2024, according to the latest forecast by the Organisation for Economic Co-operation and Development (OECD).

posted on 30.11.2023

Economy

Poland’s economic growth “will surprise positively” in 2024

Economic growth in Poland could surpass 3% in 2024, according to the head of the Polish development fund PFR Pawel Borys.

posted on 16.11.2023

Economy

Hungary should review inflation target, says minister

The Hungarian National Bank should reassess its medium-term inflation target of 3%, according to the country’s Development Minister Marton Nagy on Thursday, further pressuring the central bank, which has opposed such a move.

posted on 10.11.2023

Economy

OECD forecasts 0.4% GDP growth in Poland in 2023

Real GDP in Poland could see a weak 0.4% growth this year, but could rally to 2.6% in 2024, according to the latest forecast by the Organisation for Economic Co-operation and Development (OECD).

posted on 30.11.2023

Economy

Poland’s economic growth “will surprise positively” in 2024

Economic growth in Poland could surpass 3% in 2024, according to the head of the Polish development fund PFR Pawel Borys.

posted on 16.11.2023

Economy

Hungary should review inflation target, says minister

The Hungarian National Bank should reassess its medium-term inflation target of 3%, according to the country’s Development Minister Marton Nagy on Thursday, further pressuring the central bank, which has opposed such a move.

posted on 10.11.2023

Economy

Poland GDP to grow 0.5% in 2023, 3% in 2024

Poland's GDP is set to grow by 0.5% in 2023 and 3% by 2024, according to the latest forecasts by Bank PKO BP published on Monday.

posted on 03.10.2023

Economy

Inflation eases less than expected in August

Poland's inflation declined less than forecast in August to 10.1% from 10.8% in July, according to preliminary data published on Thursday.

posted on 01.09.2023

Economy

Hungary likely exited recession in Q2

Hungary probably exited its recession in the second quarter, the longest since the 2008 global financial crisis, despite the war in Ukraine continuing to impact growth.

posted on 16.08.2023

Economy

Hungarian National Bank cuts key rate

Hungary’s central bank cut the overnight rate by a percentage point to 15% on Tuesday as it continues with plans to ease its emergency monetary regime, matching forecasts

posted on 26.07.2023

Economy

Hungary cuts key interest rate

Hungary has reduced its key interest rate for the second straight month in an attempt to ease the pressure the EU’s highest borrowing costs are piling on the country’s economy.

posted on 21.06.2023

Economy

Polish economic rebound in Q2 "is not visible."

A forecast economic rebound in Poland is not yet evident, yet it remains too soon to contemplate interest rate cuts, according to statements by a central banker on Thursday.

posted on 09.06.2023

Economy

Hungary shouldn't adopt Euro before 2030, says central bank governor

Hungary should not contemplate adopting the Euro before 2030, according to central bank governor Gyorgy Matolcsy, as joining the single currency zone before its economy is fully ready would backfire.

posted on 05.06.2023

Economy

Hungary's economy at risk from high rates

Elevated borrowing costs are threatening the Hungarian economy, posing the risk of a credit crunch, according to the country's economic development minister on Thursday

posted on 05.05.2023

Economy

Poland GDP to grow 0.5% in 2023, 3% in 2024

Poland's GDP is set to grow by 0.5% in 2023 and 3% by 2024, according to the latest forecasts by Bank PKO BP published on Monday.

posted on 03.10.2023

Economy

Inflation eases less than expected in August

Poland's inflation declined less than forecast in August to 10.1% from 10.8% in July, according to preliminary data published on Thursday.

posted on 01.09.2023

Economy

Hungary likely exited recession in Q2

Hungary probably exited its recession in the second quarter, the longest since the 2008 global financial crisis, despite the war in Ukraine continuing to impact growth.

posted on 16.08.2023

Economy

Hungarian National Bank cuts key rate

Hungary’s central bank cut the overnight rate by a percentage point to 15% on Tuesday as it continues with plans to ease its emergency monetary regime, matching forecasts

posted on 26.07.2023

Economy

Hungary cuts key interest rate

Hungary has reduced its key interest rate for the second straight month in an attempt to ease the pressure the EU’s highest borrowing costs are piling on the country’s economy.

posted on 21.06.2023

Category

OECD forecasts 0.4% GDP growth in Poland in 2023

Poland’s economic growth “will surprise positively” in 2024

Hungary should review inflation target, says minister

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