Hungary in the news

IMF to hold talks with Hungary amid rising financial fears

on Jun 05, 2010 via YahooNews

WASHINGTON (AFP) - The International Monetary Fund said Friday it would send a senior official to Hungary for talks with the new government early next week, amid rising concerns about the country's public finances.

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Hungary to Release Report on Economic Probe After Forint Plunge

on Jun 05, 2010 via YahooNews

June 5 (Bloomberg) -- Hungarys week-old government plans to release the results of its inquiry into the health of the economy this weekend, after comments about a possible default roiled domestic and international markets.

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Hungary raises spectre of Greece

on Jun 05, 2010 via YahooNews

By Krisztina Than

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Hungary's deficit talk rattles financial markets

on Jun 05, 2010 via YahooNews

Hungary's currency, bonds and stock market reeled Friday as the new government tried to reassure investors that it was not about to slide into a Greek-type crisis despite official comments that the economy was in serious trouble. Fears that the economic peril... Government - Hungary - Business - Investing - Economy

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Hungary's deficit talk rattles financial markets

on Jun 05, 2010 via YahooNews

Hungary's currency, bonds and stock market reeled Friday as the new government tried to reassure investors that it was not about to slide into a Greek-type crisis despite official comments that the economy was in serious trouble.

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Hungary rekindles investor fears over Europe

on Jun 05, 2010 via YahooNews

Dire warnings by Hungarys new government have reignited market concern about the fiscal health of countries in eastern Europe, but many analysts believe the regions sound economic fundamentals will prevent a Greek-style debt crisis

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Hungary raises spectre of Greece

on Jun 05, 2010 via YahooNews

BUDAPEST (Reuters) - Hungary's markets tumbled on Friday on confusing comments from the new government on the state of public finances, prompting the central bank to rush to reassure investors the country's budget was sustainable.

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Hungary Isnt Greece, Moodys Says Following Tumble in Bonds

on Jun 05, 2010 via YahooNews

June 5 (Bloomberg) -- Hungary has a good track record managing fiscal crises and will take the steps needed even after a government official said the country may be at risk of defaulting, according to Moodys Investors Service.

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Lawmaker wears outlawed outfit in Hungary

on May 27, 2010 via YahooNews

A newly elected legislator wore a banned right-wing outfit in Hungary's parliament on Friday, leading to condemnation from other politicians and possible legal action against him.

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Hungary grants citizenship rights to ethnic kin abroad

on May 27, 2010 via YahooNews

Budapest - Hungarian lawmakers voted by 344 votes to 3 on Wednesday to give ethnic Hungarians living outside the country the right to claim Hungarian nationality as a second citizenship, a move likely to heighten tensions with neighbouring Slovakia....

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Slovakia to retaliate against Hungary's dual-citizenship law

on May 27, 2010 via YahooNews

Prague - The Slovak government moved Wednesday to retaliate against a Hungarian law passed earlier in the day, under which Budapest would offer citizenship to ethnic Hungarians living beyond the country's borders....

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Slovakia retaliates against Hungary's dual-citizenship law - Summary

on May 27, 2010 via YahooNews

Bratislava/Budapest - Slovak legislators on Wednesday retaliated against a Hungarian law enacted earlier in the day that would offer citizenship to ethnic Hungarians living beyond the country's borders....

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New law granting citizenship to ethnic Hungarians sparks row with Slovakia

on May 27, 2010 via YahooNews

Ninety years after Hungary lost two-thirds of its territory in the Treaty of Trianon, a new law grants Hungarian citizenship to ethnic Hungarians living in bordering nations. But not all border nations favor the law.

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(AFX UK Focus) 2010-05-21 11:24 UPDATE 1-Fidesz sees Hungary deficit of at least 4.5 pct/GDP

on May 26, 2010 via YahooNews

BUDAPEST, May 21 (Reuters) - Hungary's incoming government has found three items in the 2010 budget which will boost the deficit to 4.5 percent of GDP, above the current target of 3.8 percent, a top Fidesz party official said on Friday. The outgoing Socialist government has said its deficit target of 3.8 percent of GDP remained achievable but officials of the centre-right Fidesz party, which won ...

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(AFX UK Focus) 2010-05-21 13:25 UPDATE 2-New Hungary govt: 'Skeletons' to bust deficit target

on May 26, 2010 via YahooNews

BUDAPEST, May 21 (Reuters) - Fiscal "skeletons" left in the closet by Hungary's outgoing government will trigger an overshoot of close to a fifth on this year's budget deficit target, a member of the incoming cabinet said on Friday. The three items uncovered in the state accounts will cause the deficit to widen to 4.5 percent of gross domestic product compared with the targeted 3.8 percent, said ...

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Princess profiles: Meet Hungarian princess Alexandra Keene

on May 26, 2010 via YahooNews

Name: Alexandra Marie Keene Age: 17 Nationality: Hungarian Sponsor: American Hungarian Council of Lorain County Parents: Jack and Lisa Keene High school: Marion L. Steele High School Costume: My costume is a folk costume from the lowlands of Hungary. It has a floral skirt which would traditionally have five or six petticoats worn beneath it. A white apron is over the [...]

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A Walk From Vienna to Budapest

on May 26, 2010 via YahooNews

The author followed a 1933 trek by the original Frugal Traveler, walking from Vienna to Budapest with only the generosity of strangers to help him.

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(AFX UK Focus) 2010-05-22 16:02 Hungary govt plans tax cuts, lower interest rates

on May 26, 2010 via YahooNews

BUDAPEST, May 22 (Reuters) - Hungary's incoming centre-right government plans to lower taxes and bring down interest rates to help companies and spur growth, it said in its programme submitted to parliament on Saturday. "It's important that the next government should bring down (forint) interest rates to Western European levels as quickly as possible," the document said.

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(AFX UK Focus) 2010-05-25 15:13 Hungary bourse briefly suspends OTP on price fall

on May 26, 2010 via YahooNews

BUDAPEST, May 25 (Reuters) - The Budapest Stock Exchange briefly suspended trading in the shares of OTP on Tuesday after a 10 percent fall in the share price, the bourse said on its www.bet.hu website. Trade was resumed shortly afterwards. Shares in OTP, the country's biggest commercial bank, traded at 5,330 forints ($23.62) at 1351 GMT, down 10.1 percent from the ...

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(AFX UK Focus) 2010-05-25 18:22 INDICATORS - Hungary - Updated on May 25

on May 26, 2010 via YahooNews

BUDAPEST, May 25 (Reuters) - Hungary's latest indicators: (Last updated on May 25, with March retail sales and

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Sources : YahooNews

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