Hungary in the news

Emerging Markets Report: Hungary rate hike hits currency, stocks

on Nov 30, 2010 via YahooNews

Unexpected central bank rate hike to rein in inflation pressures forint, market on the heels of pension-reform plan announcement.

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Hungarian Stocks Drop 20% From Peak as Euro Crisis Spreads East

on Nov 30, 2010 via YahooNews

Hungary?s benchmark equity index dropped more than 20 percent from its 2010 peak and government bonds sank as a surprise interest-rate increase compounded concern that Europe?s debt crisis is spreading east.

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Hungarian EU Presidency to push for Roma strategy

on Nov 29, 2010 via YahooNews

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Hungary sees deal with Russia on MOL, Malev

on Nov 29, 2010 via YahooNews

BUDAPEST, Nov 26 (Reuters) - Hungary expects to resolve outstanding issues over a Russian stake in oil and gas group MOL when the prime minister visits Moscow next month, Hungarian Foreign Minister Janos Martonyi said on Friday.

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Hungary's EU presidency will boost self-confidence of Central Europe, says FM

on Nov 28, 2010 via YahooNews

Hungary's Foreign Minister Janos Martonyi told foreign journalists in Budapest on Friday that one of the focuses of Hungary's six-month presidency of the European Union (EU) in 2011 would be increasing both the influence and self- confidence of Central Europe.

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Models present creations in Budapest

on Nov 28, 2010 via YahooNews

Models present creations by Hungarian designer Monika Kiraly in a cultural centre of Szikra Cool Tour House in Budapest during the first night of the 10th Budapest Fashion Week.

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Hungary opposition rallies against pension changes

on Nov 28, 2010 via YahooNews

BUDAPEST, Nov 27 (Reuters) - Thousands of supporters of the Hungarian Socialist party protested on Saturday against planned pension changes in the largest opposition rally since the centre-right Fidesz government took office in May.

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Hungary's stocks slump over 3%; forint also drops

on Nov 28, 2010 via YahooNews

LONDON (MarketWatch) -- Hungary's currency and stocks fell sharply on Friday on escalating worries over the government's planned changes to the private pension fund system. The BUX stock index slumped 3.2% in intraday trading in Budapest. In currency trading, the U.S. dollar rallied 1.7% against the Hungarian forint and the euro gained 1% against the forint. "Hungarian forint losses accompanied ...

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Hungary's Currency Is Crashing And You Know The Eurozone Nations Are Jealous

on Nov 28, 2010 via YahooNews

Hungary's currency just fell by the most in nearly two months, as concerns over its ability to finance its budget get worse. The forint slid as much as 1.4 percent, the most in seven weeks, and traded 1.2 percent weaker at 280.436 per euro as of 11:40 a.m. in Budapest.

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Hungarian cuisine on the menu

on Nov 28, 2010 via YahooNews

On the west side of U.S. 19 south of the bridge over the Pithlachascotee River, you will find a small, quaint building that houses the Budapest Restaurant. At the same location for 37 years, the establishment continues to serve fine Hungarian cuisine.

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Hungary sees deal with Russia on MOL, Malev

on Nov 28, 2010 via YahooNews

BUDAPEST, Nov 26 (Reuters) - Hungary expects to resolve outstanding issues over a Russian stake in oil and gas group MOL when the prime minister visits Moscow next month, Hungarian Foreign Minister Janos Martonyi said on Friday.

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Hungarian Socialist Party holds mass rally against government policy

on Nov 28, 2010 via YahooNews

Attila Mesterhazy, leader of the Hungarian Socialist Party, speaks during a mass rally held at Papp Laszlo Sports Arena in Budapest, capital of Hungary, Nov. 27, 2010. The opposition Hungarian Socialist Party criticized the government's pension and tax policy at a mass rally held here on Saturday.

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Hungary communist relics for sale at auction

on Nov 25, 2010 via YahooNews

BUDAPEST, Hungary (AP) - Hungary's government says it will sell 230 communist-era relics including a life-size bust of Vladimir Lenin at an auction to benefit people affected by last month's red sludge flood.

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HOYA Faculty Education & Experience Centre Officially Opens its Doors

on Nov 25, 2010 via YahooNews

BUDAPEST, Hungary , November 24, 2010 /PRNewswire/ -- On Tuesday evening November 9th around 110 invitees witnessed the opening ceremony of HOYA's new Faculty Education and Experience Centre in the heart of Budapest . Amongst the guests were Japanese Ambassador to Hungary Mr. Tecuo Ito and deputy Mayor of the Fifth District of Budapest Mr. Andras Puskas . Japanese Ambassador Mr. Ito said to feel ...

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Hungary looks to coax 3 mln back to state pensions

on Nov 25, 2010 via YahooNews

(AP:BUDAPEST, Hungary) The Hungarian government says it wants to coax the 3 million members of private pension schemes back to the state system to help it meet strict budget targets.

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Hungary to Strip Private Pension Fund Members of State Pensions Benefits

on Nov 25, 2010 via YahooNews

Hungary will strip private pension fund members of their state pensions unless they move retirement savings back to the government-run program, Economy Minister Gyorgy Matolcsy said today in Budapest.

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Hungary takes aim at private pension funds

on Nov 25, 2010 via YahooNews

(AP:BUDAPEST, Hungary) Hungary is trying to force 3 million people now in private pension schemes back into the state system to help it meet strict budget targets.

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Hungarians train Afghan army

on Nov 25, 2010 via YahooNews

BUDAPEST, Hungary, Nov. 24 (UPI) -- Hungarian military mentors say an effective Afghan army is the only hope in an unstable Baghlan province in northeastern Afghanistan.

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Hungary: Near Death, Communist Dictator Sought a Priest

on Nov 24, 2010 via YahooNews

Hungary?s last Communist dictator, Janos Kadar, met a priest shortly before he died, former Prime Minister Miklos Nemeth disclosed, two decades after Kadar?s death.

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State secretary calls for closer economic ties between Hungary, Serbia

on Nov 23, 2010 via YahooNews

Hungary and Serbia need a more intensive trade and investment relationship, state secretary Zsolt Becsey said on Tuesday, at the end of a two-day meeting of the Serbian-Hungarian Mixed Economic Committed in Belgrade.

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Sources : YahooNews

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