Hungary in the news

Moody's cuts Hungary to "junk", govt sees attack

on Nov 25, 2011 via YahooNews

BUDAPEST (Reuters) - Moody's slashed Hungary's government bond rating to "junk" late on Thursday, citing high debt levels, weak growth prospects and uncertainty about its ability to meet fiscal goals, in what the government called part of "financial attacks" against the country. Moody's cut Hungary's government bond rating by one notch to Ba1, below investment-grade, with a negative outlook ...

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Moody's cuts Hungary to "junk," government sees attack

on Nov 25, 2011 via YahooNews

BUDAPEST (Reuters) - Moody's slashed Hungary's government bond rating to "junk" late on Thursday, citing high debt levels, weak growth prospects and uncertainty about its ability to meet fiscal goals, in what the government called part of "financial attacks" against the country. Moody's cut Hungary's government bond rating by one notch to Ba1, below investment-grade, with a negative outlook ...

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Moody's cuts Hungary to "junk"

on Nov 25, 2011 via YahooNews

BUDAPEST (Reuters) - Moody's slashed Hungary's government bond rating to "junk" late on Thursday, citing high debt levels, weak growth prospects and uncertainty about its ability to meet fiscal goals, in what the government called part of "financial attacks" against the country. Moody's cut Hungary's government bond rating by one notch to Ba1, below investment-grade, with a negative outlook ...

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Hungary says Moody's downgrade 'financial attack'

on Nov 25, 2011 via YahooNews

Hungary's economy ministry says a downgrade to junk status of the country's credit rating by Moody's has no real basis and is part of a series of "financial attacks" against the country.

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Moody's cuts Hungary rating to noninvestment grade

on Nov 25, 2011 via YahooNews

BUDAPEST, Nov 25 (Reuters) Ratings agency Moody's cut Hungary's government bond rating by one notch to Ba1, below investmentgrade with a negative outlook hours after rival Standard & Poor's held fire on a flagged downgrade on news of planned talks on international aid.

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Hungary Determined To Reach Agreement With IMF

on Nov 25, 2011 via YahooNews

Hungary Determined To Reach Agreement With IMF

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Raiffeisen May Exit Some Eastern Europe Nations Amid Hungary Woe

on Nov 24, 2011 via YahooNews

Raiffeisen Bank International AG said it may leave some eastern European nations as losses in Hungary stall a two-decade expansion drive that made the Austrian company the region?s third-biggest lender.

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Hungary?s Ratings Kept on Watch Negative by S&P to Assess IMF Aid Progress

on Nov 24, 2011 via YahooNews

Hungary?s investment-grade credit rating at Standard & Poor?s will remain on creditwatch as the company assesses progress in aid talks with the nation and international lenders.

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Hungary Kept on Watch Negative by S&P to Assess IMF Talks

on Nov 24, 2011 via YahooNews

Hungary?s investment-grade credit rating at Standard & Poor?s will remain on creditwatch as the company assesses progress in aid talks with the nation and international lenders.

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Hungarians face evictions ahead of winter chill

on Nov 24, 2011 via YahooNews

PABLO GORONDI Associated Press BUDAPEST, Hungary With winter fast approaching, the bailiffs of Budapest are in a race against the clock. They have only days before temperatures plummet and evictions are frozen by law. Demand for their services is soaring, and in the last seven weeks at least three people in the capital have committed suicide over the prospect of losing their homes. Ani Beres, a ...

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Hungary to probe possible currency speculation

on Nov 24, 2011 via YahooNews

Hungary's state security services have been asked to investigate possible speculative attacks on the country's currency.

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Power of the Dream Ventures Announces Record Date of iGlue Common Stock Dividend

on Nov 23, 2011 via YahooNews

BUDAPEST, HUNGARY-- - Power of the Dream Ventures, Inc. , Hungary's premier technology acquisition and development company, is pleased to announce the record date of the previously announced iGlue common ...

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Hungary raises VAT tax to highest in Europe

on Nov 23, 2011 via YahooNews

(BUDAPEST ) - The Hungarian parliament passed Tuesday a law hiking the VAT sales tax to the highest level in the European Union and raised the levy on small businesses, the government news agency MTI announced.

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Hungary Banks Offer to Book More Losses on FX-Mortgage Loans

on Nov 23, 2011 via YahooNews

Hungarian banks are offering to book further losses on foreign-currency loans in exchange for the government accepting their proposals submitted last week and abstaining from unilateral regulations.

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Hungarian Forint Strengthens Against Euro, Bonds Gain Before T-Bill Sale

on Nov 22, 2011 via YahooNews

Hungary?s forint strengthened against the euro and government bonds gained as the European Union?s most indebted eastern member sold the planned amount of debt at an auction at reduced yields.

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Hungarian banks prepared for sacrifice if package deal can be reached

on Nov 22, 2011 via YahooNews

Hungary?s banking system is willing to bear a sacrifice of several hundred billion forints over five years if a package deal can be reached on proposals submitted to the government, Hungarian Banking Association chairman Daniel Gyuris said on Tuesday.

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Hungary to seek 'precautionary' EU, IMF assistance

on Nov 22, 2011 via YahooNews

HUNGARY is seeking more financial help from the European Union and International Monetary Fund, after a sinking currency and rising borrowing costs forced the government to rethink its staunch opposition to foreign assistance.

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IMF, EU confirm Hungary request for assistance

on Nov 22, 2011 via YahooNews

The International Monetary Fund and the European Union said Monday they were considering a request from Hungary for "precautionary" financial support.

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Hungary asks IMF for bailout

on Nov 22, 2011 via YahooNews

Hungary made an official request for financial assistance from the International Monetary Fund and the European Union yesterday ? just 18 months after the government in Budapest declared that it did not need any external help.

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Hungary to hold socialists to account for communist regime

on Nov 21, 2011 via YahooNews

Hungary's governing Fidesz party has submitted a bill to parliament that would hold the opposition Socialists accountable for crimes committed by the former communist party before 1989.

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Sources : YahooNews

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