Hungary attracted a net total of EUR 2.1bn in foreign direct investment in 2010, which is an increase by 40% y/y, but is still below the pre-crisis levels, Hungary AM reported, quoting estimates of daily Vilaggazdasag. The net capital outflow amounted to EUR 860mn, halving from the previous year's value of EUR 1.7bn. The current account recorded a surplus of EUR 1.8bn, which could be attributed to favourable developments in external trade. Official information on the Balance of payments and FDI in Hungary in 2010 will be released by the national statistics office on March 31. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more