Hungary in the news

IMF, EU 'not our superiors': Hungary's PM designate

on Apr 27, 2010 via YahooNews

(BUDAPEST ) - Hungary's new government will continue to work with the IMF and the EU, Prime Minister designate Viktor Orban said Monday, but he insisted it will not submit to all their demands.

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(AFX UK Focus) 2010-04-26 17:42 INDICATORS - Hungary - Updated on April 26

on Apr 27, 2010 via YahooNews

BUDAPEST, April 26 (Reuters) - Hungary's latest indicators:

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(AFX UK Focus) 2010-04-26 14:53 HIGHLIGHTS-Hungary's central bank on interest rates

on Apr 27, 2010 via YahooNews

BUDAPEST, April 26 (Reuters) - Following are highlights of the Hungarian central bank's (NBH) statement on its rate meeting, and a news conference with Governor Andras Simor. The bank cut interest rates by another 25 basis points to 5.25 percent on Monday.

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(AFX UK Focus) 2010-04-26 18:13 Hungarian regulator clears Surgut's buy into MOL

on Apr 27, 2010 via YahooNews

BUDAPEST, April 26 (Reuters) - Hungarian financial markets regulator PSZAF said it had closed an investigation into Russian Surgutneftegaz's 2009 purchase of a stake in oil group MOL without taking any steps. The regulator said in a statement on Monday that it had "closed its market supervision investigation into activities concerning MOL ordinary shares, without taking any measure." PSZAF ...

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Hungary's Fidesz wins two-thirds majority

on Apr 27, 2010 via YahooNews

BUDAPEST, Hungary, April 26 (UPI) -- Hungary's conservative party Fidesz won a huge general election victory, regulating the ruling Socialists to a distant second place, officials said Monday.

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Center-right party could sweep Hungarian election

on Apr 26, 2010 via YahooNews

BUDAPEST, Hungary (AP) - A center-right party could win a two-thirds parliamentary majority in Sunday's second round of national elections, clearing the way for its plans to fight the nation's deep recession, widespread corruption and bloated public sector.

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Hungary Will Cut Main Rate for 10th Time in a Row, Survey Shows

on Apr 26, 2010 via YahooNews

April 26 (Bloomberg) -- Hungary will probably cut the countrys record-low benchmark interest rate for a 10th consecutive month, a day after the biggest opposition party scored a landslide election win on pledges to end a recession.

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Final vote on strength of Hungary's centre-right government

on Apr 26, 2010 via YahooNews

Budapest - Hungarian voters headed to the polls at 0400 GMT Sunday for the second round of general elections that will decide whether the centre-right party Fidesz will have to settle for the absolute majority it secured two weeks ago, or will achiev...

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Center-right party could sweep Hungarian election

on Apr 26, 2010 via YahooNews

BUDAPEST, Hungary - A centre-right party could win a two-thirds parliamentary majority in Sunday's second round of national elections, clearing the way for its plans to fight the nation's deep recession, widespread corruption and bloated public sector.

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Hungary Seen Cutting Key Interest Rate for 10th Month (Update1)

on Apr 26, 2010 via YahooNews

April 26 (Bloomberg) -- Hungarys central bank will probably cut the benchmark interest rate for the 10th month in a row today, hours after the party that has criticized the bank for easing policy too slowly scored a landslide election win.

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Hungary's Fidesz wins historic two-thirds mandate

on Apr 26, 2010 via YahooNews

BUDAPEST (Reuters) - Hungary's next prime minister Viktor Orban said on Sunday voters had carried out a "revolution" by giving his party two thirds of the seats in parliament to rebuild Hungary after a near financial collapse.

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Center-right party could sweep Hungarian election

on Apr 26, 2010 via YahooNews

BUDAPEST, Hungary (AP) A center-right party could win a two-thirds parliamentary majority in Sunday's second round of national elections, clearing the way for its plans to fight the nation's d...

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Center-right party assumes power in Hungary with considerable clout

on Apr 26, 2010 via YahooNews

BUDAPEST, Hungary -- Hungary's Fidesz on Sunday became the country's first party since the end of communism to win a two-thirds constitutional majority in parliament, which premier-in-waiting Viktor Orban said will speed economic recovery.

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Hungary's center-right party wins majority

on Apr 26, 2010 via YahooNews

BUDAPEST, Hungary, April 26 (UPI) -- Hungary's voters Sunday handed the center-right opposition Fidesz Party the two-thirds majority needed in Parliament to pass laws and amend the constitution.

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(AFX UK Focus) 2010-04-25 20:21 Hungary PM-elect Orban declares two-thirds victory

on Apr 26, 2010 via YahooNews

BUDAPEST, April 25 (Reuters) - Hungary's prime minister-elect Viktor Orban declared a two-thirds election victory after the second round of elections on Sunday. "Fidesz Hungarian Civic Alliance and the Christian Democrat Party have gained 68 percent of mandates in parliament," Orban told thousands of cheering supporters in central Budapest. Orban also said his centre-right Fidesz party would ...

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(AFX UK Focus) 2010-04-22 11:25 PREVIEW-Hungary cbank seen cutting rates by 25 bps on Mon

on Apr 23, 2010 via YahooNews

By Sandor Peto

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Hungary May Be Central Europe Bond Darling on Fidesz Mandate

on Apr 23, 2010 via YahooNews

April 23 (Bloomberg) -- Hungary may become a favorite of investors in central Europe if the impending Fidesz government strengthens its mandate with a two-thirds parliamentary majority and uses it to overhaul state bureaucracy and public finances.

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(AFX UK Focus) 2010-04-22 10:42 Deutsche says objects to Hungary regulator's fine

on Apr 23, 2010 via YahooNews

BUDAPEST, April 22 (Reuters) - Deutsche Bank "strongly disagrees" with the findings of an inquiry by the Hungarian Financial Supervisory Authority into its forint foreign exchange transactions on Oct. 15, 2008, the bank said on Thursday. The regulator also known as PSZAF said it fined Deutsche Bank London 90 million forints ($458,100) for high volume spot forint foreign exchange transactions on ...

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Police: Budapest drugs ruled by Vietnamese

on Apr 23, 2010 via YahooNews

BUDAPEST, Hungary, April 22 (UPI) -- Organized Vietnamese gangs have become the major source of drugs in the Hungarian capital of Budapest, a police official told a daily newspaper.

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(AFX UK Focus) 2010-04-21 21:04 DIARY - Hungary - to May 17

on Apr 22, 2010 via YahooNews

BUDAPEST, April 21 (Reuters) - This diary is updated every weekday and new or modified listings are marked '*'. All times in the diary are in GMT, unless otherwise stated. Date CET GMT Indicator Period Fcast Previous 23/04 0900/0700 Retail sales Feb N/A -5.6 28/04 0900/0700 Unemployment Jan-March N/A 11.4 30/04 0900/0700 Industrial PPI March N/A -2.8 03/05 N/A PMI April N/A 54.4 04/05 0900/0700 ...

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Sources : YahooNews

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