Hungary in the news

S&P 'junk' downgrade adds to Hungary woes

on Dec 23, 2011 via YahooNews

The EU flag flutters in front of the headquarter of the Hungarian National Bank (Magyar Nemzeti Bank) in downtown Budapest in November 2011. Hungary was under increased pressure on Thursday to secure IMF ...

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Hungary PM rejects EU requests, still aims for IMF deal

on Dec 23, 2011 via YahooNews

BUDAPEST (Reuters) - Hungarian Prime Minister Viktor Orban rejected a European Commission request on Thursday to withdraw two disputed laws, in a move which could derail Hungary's talks about a new deal with lenders and may trigger a full-blown market crisis. European Commission President Jose Manuel Barroso has asked Orban in a letter to withdraw two laws - one on the central bank which is seen ...

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LEAD: Hungary angered by second "junk" bond downgrade Eds: Adds ECB criticism of proposed central bank reforms, effect ...

on Dec 22, 2011 via YahooNews

Budapest/Frankfurt (dpa) - The Hungarian government reacted angrily on Thursday to the decision by ratings agency Standard and Poor?s to downgrade its bonds to "junk" status.Hungary has become a casualty of "financial attacks" on the European Union, the Economy Ministry said on its website."Standard and Poor?s decision ... is clearly not based on a real evaluation of Hungary?s economy and ...

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S&P 'junk' downgrade adds to Hungary woes

on Dec 22, 2011 via YahooNews

The EU flag flutters in front of the headquarter of the Hungarian National Bank (Magyar Nemzeti Bank) in downtown Budapest in November 2011. Hungary was under increased pressure on Thursday to secure IMF ...

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Hungary sees dark forces behind second "junk" bond downgrade

on Dec 22, 2011 via YahooNews

Budapest (dpa) - The Hungarian government reacted angrily Thursday to the decision by the ratings agency Standard and Poor?s to downgrade its bonds to "junk" status.Hungary has become a casualty of "financial attacks" on the European Union, the Economy Ministry said on its website."Standard and Poor?s decision ... is clearly not based on a real evaluation of Hungary?s economy and financial ...

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Hungary lashes out at S&P over downgrade

on Dec 22, 2011 via YahooNews

Hungary has reacted with disbelief after Standard & Poor's cut its debt rating to so-called "junk" status, adding to pressure on Budapest to agree a rescue credit line with the IMF.The economy ...

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Hungarian Stocks Tumble as S&P Downgrade to Junk Weakens Forint

on Dec 22, 2011 via YahooNews

Hungary?s stocks tumbled the most in two weeks and the forint weakened for a second day after Hungary lost its investment-grade rating at Standard & Poor?s in the second such downgrade in a month.

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Hungary's credit rating downgraded by S&P to junk level

on Dec 22, 2011 via YahooNews

BUDAPEST (AP) - Standard & Poor's (S&P) Ratings Services on Wednesday downgraded Hungary's credit rating to junk level because of worries about proposed policy changes regarding the country's central bank.

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Foes of Hungary's Government Fear 'Demolition of Democracy'

on Dec 22, 2011 via YahooNews

BUDAPEST -- In less than two years as a member of the Hungarian Parliament, Timea Szabo says she has looked on helplessly as the ruling Fidesz Party has used its two-thirds majority to tighten its grip on the news media and the courts, redraw parliamentary districts in its favor and pack the constitutional court with supporters. On Jan. 1, a new "majoritarian" Constitution written and ratified ...

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You can now see Steve Jobs in Hungary

on Dec 22, 2011 via YahooNews

BUDAPEST, HUNGARY: Bronze statue of Steve Jobs has been unveiled here in the Hungarian capital to honour the Apple co-founder who died on Oct 5, a media report said.

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Hungary credit rating downgraded by S&P to junk

on Dec 22, 2011 via YahooNews

Standard & Poor's Ratings Services on Wednesday downgraded Hungary's credit rating to "junk" level because of worries about proposed policy changes regarding the country's central bank.

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Hungary tech firm immortalises Steve Jobs in bronze

on Dec 22, 2011 via YahooNews

BUDAPEST (Reuters) - A Hungarian software company unveiled what it said was the world's first bronze statue of Apple Inc co-founder Steve Jobs on Wednesday, calling him one of the greatest personalities of the modern age. Jobs died on October 5 of pancreatic cancer at the age of 56. The bronze work by sculptor Erno Toth stands in the Budapest campus of architectural software maker Graphisoft ...

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Hungary credit rating downgraded by S&P to junk

on Dec 22, 2011 via YahooNews

Standard & Poor's Ratings Services on Wednesday downgraded Hungary's credit rating to "junk" level because of worries about proposed policy changes regarding the country's central bank.The S&P ...

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Steve Jobs bronze statue unveiled in Budapest, Hungary

on Dec 21, 2011 via YahooNews

This week the statue of Steve Jobs in Budapest you may have heard of has been officially unveiled, looking much like a man on a mission, complete with his patent-perfect set of jeans and turtle-neck, all in one color. Erected by Hungarian software company Graphisoft and designed and sculpted by sculptor Erno Toth, this monument [...]

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Hungary Downgraded to BB+ by S&P

on Dec 21, 2011 via YahooNews

A pile of Hungarian forint coins sit arranged for a photograph in Budapest. A pile of Hungarian forint coins sit arranged for a photograph in Budapest.

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Statue of Steve Jobs Unveiled in Hungary

on Dec 21, 2011 via YahooNews

A bronze statue of late Apple co-founder Steve Jobs was unveiled in a science park in Budapest, Hungary, on Wednesday, AFP reports.

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S&P downgrades Hungary credit rating to junk level

on Dec 21, 2011 via YahooNews

The EU flag flutters in front of the headquarter of the Hungarian National Bank (Magyar Nemzeti Bank) in downtown Budapest in November 2011. Standard & Poor's downgraded Hungary's credit rating to junk ...

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Statue of Steve Jobs unveiled in Hungary

on Dec 21, 2011 via YahooNews

CHICAGO (MarketWatch) -- A bronze statue of late Apple co-founder Steve Jobs was unveiled in a science park in Budapest, Hungary, on Wednesday, AFP reports. The memorial, which comes two months after his death, was sponsored by Graphisoft, a software company with ties to Apple . "Steve Jobs made technology available to the masses first over the desktop, then in our pockets," Gabor Bojar ...

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Hungary tech firm immortalises Steve Jobs in bronze

on Dec 21, 2011 via YahooNews

BUDAPEST (Reuters) - A Hungarian software company unveiled what it said was the world's first bronze statue of Apple Inc co-founder Steve Jobs on Wednesday, calling him one of the greatest personalities of the modern age. Jobs died on October 5 of pancreatic cancer at the age of 56. The bronze work by sculptor Erno Toth stands in the Budapest campus of architectural software maker Graphisoft ...

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Hungary tech firm immortalises Steve Jobs in bronze

on Dec 21, 2011 via YahooNews

BUDAPEST (Reuters) - A Hungarian software company unveiled what it said was the world's first bronze statue of Apple Inc co-founder Steve Jobs on Wednesday, calling him one of the greatest personalities of the modern age. Jobs died on October 5 of pancreatic cancer at the age of 56. The bronze work by sculptor Erno Toth stands in the Budapest campus of architectural software maker Graphisoft ...

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Sources : YahooNews

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