ADVERTISEMENT

OECD says recession is improbable

In Hungary

Growth dynamism may slow, but there will not be recession, according to the 6-monthly report published by OECD.

The Eurozone will get through the present money-market crisis without major scars. Public deficit has to be decreased in the CEE region, and national markets have to be promoted. Though in a slightly slower pace, expansion will continue in the fast-growing countries including China, India, and Russia. The Czech Republic is facing major slowing in 2009, and Hungary’s development will probably catch up with it within two years. Inflation is supposed to represent major risk in Poland and the Czech Republic. (Napi Gazdaság)

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.