Hungary in the news

Kazakhstan 'will sell oil to anyone who wants it' (EARTHtimes.org)

on Dec 03, 2008 via YahooNews

Budapest - Kazakhstan is ready to export oil and gas to any country that wants to buy, the chairman of the Kazakh parliament said in Hungary Wednesday. Ural Mukhamedzhanov was speaking to the Hungarian state news agency MTI after a meeting with his H...

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UPDATE 1-Hungary cbank to cut rates as fast as market allows (The Forex Market)

on Dec 03, 2008 via YahooNews

BUDAPEST, Dec 3 (Reuters) - Hungary's central bank is ready to cut interest rates as fast as currency markets will accept but the country needs to implement deep reforms to avoid future crises, Central Bank Governor Andras Simor said on Wednesday.

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Peter Tasnadi: The media says everything's going wrong

on Dec 03, 2008 via HVG

"When I applied to places, I used to say that I'm not Peter Tasnadi, but not *that* Peter Tasnadi," says the 52-year-old mayor of Pecs when discussing his approach to building relationships.

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Wolves consider Hungarian link-up (BBC News)

on Dec 03, 2008 via YahooNews

Wolves are in talks with Hungarian club Ujpest over a possible tie-up between the two clubs.

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(AFX UK Focus) 2008-12-03 11:33 UPDATE 1-Hungary cbank to cut rates as fast as market allows (Interactive Investor)

on Dec 03, 2008 via YahooNews

BUDAPEST, Dec 3 (Reuters) - Hungary's central bank is ready to cut interest rates as fast as currency markets will accept but the country needs to implement deep reforms to avoid future crises, Central Bank Governor Andras Simor said on Wednesday. Simor said the bank had taken a risk in reducing rates by 50 basis points to 11.0 percent in November, just a month after hiking the base rate by 300 ...

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Wolves look to Hungarian link-up (Express and Star)

on Dec 03, 2008 via YahooNews

Wolves may follow Manchester United and Liverpool by forming an alliance with a foreign club. The club will welcome a delegation from Budapest-based Hungarian First Division club Ujpest FC to discuss a link-up to include exchange of players.

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Hungary to cut rates as market allows -cbank chief (The Forex Market)

on Dec 03, 2008 via YahooNews

BUDAPEST, Dec 3 (Reuters) - Hungary will cut interest rates as fast as the market is willing to accept the moves, Central Bank Governor Andras Simor said on Wednesday.

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UPDATE: Hungary Simor: Forex Swap, Bond Mkt Normalizing (The Forex Market)

on Dec 03, 2008 via YahooNews

(Adds comments.) BUDAPEST (Dow Jones)--National Bank of Hungary Governor Andras Simor said Wednesday that Hungary's battered foreign-exchange swap and government bond markets are showing signs of normality, but interest rate cuts will depend on further stabilization.

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PRESS: Hungarian PM Gyurcsany would be "unhappy" about foreign controlover top bank OTP (Interfax)

on Dec 03, 2008 via YahooNews

BUDAPEST. DECEMBER 3. INTERFAX CENTRAL EUROPE - Hungarian Prime Minister Ferenc Gyurcsany said he would be "unhappy" if a foreign company, such as recently rumored suitor Sberbank of Russia, would take control over Hungary's top bank OTP, Gyurcsany told InfoRadio in an interview.

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Hungary's Simor: Forex Swap, Bond Mkt En Route To Normality (The Forex Market)

on Dec 03, 2008 via YahooNews

BUDAPEST (Dow Jones)--National Bank of Hungary Governor Andras Simor said Wednesday that Hungary's battered foreign exchange swap market is showing signs of normality.

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IBM Hungary to Expand Services Center (Computer Business Online via Yahoo! UK & Ireland News)

on Dec 03, 2008 via YahooNews

IBM Hungary plans to hire nearly 200 people at its data processing, operating system and network support center in the Hungarian city of Szekesfehervar, the Hungarian Press Agency has reported in its MTI-Econews business news service.

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Opposition Fidesz Loses Steam in Hungary (Angus Reid)

on Dec 03, 2008 via YahooNews

(Angus Reid Global Monitor) - Hungary?s main opposition party is clearly losing momentum, according to a poll by Tarki. 54 per cent of respondents?all decided voters ?would support the Hungarian Citizens Party (Fidesz) in the next legislative election, down seven points since October.

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A Basel journey of displacement from Budapest to Wynwood (Miami Herald)

on Dec 03, 2008 via YahooNews

Viewing art created around the world is one of the major attractions of Art Basel and its satellite fairs. From Budapest's Art Factory Gallery to its debut at the Wynwood Bridge Art Fair on Tuesday, comes the mournful work of Zsolt Bodoni, who describes himself as ''an ethnic Hungarian who grew up in Romania.'' His oil on canvas, Monument, conveys with drips and mood-setting blues and grays the ...

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Google Maps Forgets How To Spell Budapest, Capital of Hungary (Search Engine Roundtable)

on Dec 02, 2008 via YahooNews

Do a search for 1055 Budapest, Szent Istvan krt. 1. in Google Maps. Note how I spelled Budapest correctly in my search, now look at what Google returns as the spelling in the ballon marker. You got that right, Google spelled it with an extra "e" at the end, "Budapeste." Looking closer, it really doesn't seem like Google doesn't know how to spell the capital of Budapest. See the map ...

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Rail Cargo Austria closes purchase of Hungary's MAV Cargo, will investHUF 44 bln (Interfax)

on Dec 02, 2008 via YahooNews

BUDAPEST. DECEMBER 2. INTERFAX CENTRAL EUROPE - Austrian freight company Rail Cargo Austria has finalized the HUF 102.5 bln purchase of Hungarian rail freight operator MAV Cargo, and plans to invest HUF 44 bln in MAV Cargo over the next five years, company officials announced Tuesday according to state news agency MTI.

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Hungarian premier, opposition leader meet reform group - Summary (EARTHtimes.org)

on Dec 02, 2008 via YahooNews

Budapest - Hungarian Prime Minister Ferenc Gyurcsany agreed that Hungary needs to adopt the euro as soon as possible after meeting a new alliance of employers and academics on Tuesday. The new Reform Alliance aims to draft a set of reform policy reco...

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The golden age is over in the financial sector

on Dec 02, 2008 via HVG

Finance players make money both when things are going badly and when they are going well. But the crisis has brought an end to abundant money, and many believe that the golden age will never return. But what is in store for the financial services sector? We spoke with Chris Pickles, in charge of marketing for BT's global investment bank clients, who previously worked on the directive that regulates the EU's financial markets.

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Credit Suisse Reduces Growth Forecasts for Poland and Hungary (Bloomberg)

on Dec 02, 2008 via YahooNews

Dec. 2 (Bloomberg) -- Credit Suisse Group AG cut its forecast for Polish and Hungarian economic growth as a recession in the euro-region eases demand for goods from the two countries.

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PRESS: Hungarian gas trader Emfesz eyeing troubled fertilizer makerNitrogenmuvek (Interfax)

on Dec 02, 2008 via YahooNews

BUDAPEST. DECEMBER 2. INTERFAX CENTRAL EUROPE - Hungarian natural gas trader Emfesz, indirectly owned by Ukrainian investor Dmitry Firtash, is interested in taking over Hungary's top fertilizer maker Nitrogenmuvek, which recently suspended production due to financial problems, the daily Nepszabadsag reported on Tuesday.

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Inspired Acoustics Releases Palace of Arts Budapest Pipe Organ Samples (Harmony Central)

on Dec 01, 2008 via YahooNews

Palace of Arts Budapest Pipe Organ Samples is a fully playable, freely configurable, intuitively manageable and MIDI-controllable virtual pipe organ, delivering every nuance of the authentic sound of the 92-stop Pecsi-Muhleisen pipe organ of the Bela Bartok National Concert Hall of the Palace of Arts ? Budapest, Hungary.

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Sources : YahooNews HVG

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