Hungary in the news
(AFX UK Focus) 2010-02-15 08:19 Hungary's final Dec ind output up 1 pct y/y (Interactive Investor)on Feb 15, 2010 via YahooNews BUDAPEST, Feb 15 (Reuters) - Hungary's industrial output rose by an annual 1 percent in December, unchanged from a preliminary estimate, final data from the Central Statistics Office (KSH) showed on Monday. Working day-adjusted output however fell 1.4 percent year-on-year, also in line with a first estimate. Seasonally and working day-adjusted output fell 5.8 percent in December after a decline ...See details
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(AFX UK Focus) 2010-02-15 09:39 Hungary's 2010 deficit target achievable -finmin (Interactive Investor)on Feb 15, 2010 via YahooNews BUDAPEST, Feb 15 (Reuters) - Hungary's 2010 deficit target of 3.8 percent of gross domestic product remains achievable but risks must be continuously monitored, Finance Minister Peter Oszko told a news conference on Monday. He said lower debt servicing costs and extra revenues from taxpayers reverting back to the state pension system would make up for lower-than-expected tax revenues. He also ...See details
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Hungary sees economy improving, budget gap in line (AP via Yahoo! Finance)on Feb 15, 2010 via YahooNews Rising exports will help Hungary's economy contract less than expected in 2010, Finance Minister Peter Oszko said Monday.See details
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Hungarian groups protest rise of neo-Nazism (JTA)on Feb 15, 2010 via YahooNews BUDAPEST (JTA) -- Pro-democracy and anti-fascist organizations in Hungary held a joint demonstration to protest the rise of neo-Nazi agitation in Eastern Europe.See details
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(AFX UK Focus) 2010-02-15 10:19 Hungary needs cautious use of budget reserves -IMF (Interactive Investor)on Feb 15, 2010 via YahooNews BUDAPEST, Feb 15 (Reuters) - Hungary's 2010 deficit target is achievable but reserves must be used cautiously and the government must be ready to take further action if needed, the International Monetary Fund said in a statement on Monday. It said further measures would be needed to cut Hungary's budget deficit below 3 percent of gross domestic product next year from a targeted 3.8 percent in ...See details
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(AFX UK Focus) 2010-02-15 11:43 UPDATE 1-Hungary must be ready to tackle budget risks-IMF/EU (Interactive Investor)on Feb 15, 2010 via YahooNews BUDAPEST, Feb 15 (Reuters) - Hungary's 2010 deficit goal of 3.8 percent of GDP is achievable but there are risks and the government must be ready to take action if needed to prevent an overshoot, the International Monetary Fund said on Monday. The IMF, which together with the EU completed a review of Hungary's performance against criteria in its 2008 financial bailout, said further measures ...See details
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Film series highlights Hungarian identity, past and present (Columbia Daily Spectator)on Feb 15, 2010 via YahooNews The Film Society of Lincoln Center's ?New Films from Hungary? features 13 varied Hungarian films in seven days.See details
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Hungarian, 22, planned to kill 22 at random? (ABS-CBNNEWS.com)on Feb 15, 2010 via YahooNews BUDAPEST - A 22-year-old Hungarian student who told police he planned to kill 22 people at random because he'd had "22 bad years" has been detained, news agency MTI said Friday.See details
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Hungary will not need further IMF aid: finance minister (Eu Business)on Feb 15, 2010 via YahooNews (BUDAPEST ) - Hungary, which narrowly escaped bankruptcy 16 months ago, will forego the next instalments of aid from the International Monetary Fund and European Union, Finance Minister Peter Oszko said on Monday.See details
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Hungary sees economy improving, budget gap in line (INO News)on Feb 15, 2010 via YahooNews (AP:BUDAPEST, Hungary) Rising exports will help Hungary's economy contract less than expected in 2010, Finance Minister Peter Oszko said Monday. Oszko said the economy is expected to shrink by 0.2 percent this year, somewhat less than the earlier forecast for a 0.3 percent contraction.See details
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Hungary Inflation Won?t Stop Interest Rate Cuts, Analysts Say (Bloomberg)on Feb 13, 2010 via YahooNews Feb. 12 (Bloomberg) -- Hungary?s interest rates will probably fall further as inflation is set to slow again after a higher-than-expected rate in January, said analysts at Erste Bank, Concorde Securities, Raiffeisen and Bayerische Landesbank.See details
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Hungarian, 22, planned to kill 22 at random-police (AlertNet)on Feb 13, 2010 via YahooNews Source: Reuters BUDAPEST, Feb 12 (Reuters) - A 22-year-old Hungarian student who told police he planned to kill 22 people at random because he'd had "22 bad years" has been detained, news agency MTI said on ...See details
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Hungarian, 22, planned to kill 22 at random? (Reuters via Yahoo! Philippines News)on Feb 13, 2010 via YahooNews BUDAPEST (Reuters) - A 22-year-old Hungarian student who told police he planned to kill 22 people at random because he'd had "22 bad years" has been detained, news agency MTI said Friday.See details
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Right-Wing Extremism: Back by Popular Demandon Feb 12, 2010 via HVG While the far-right is indeed ascendant in several Eastern European countries, its threat is decreasing in Western Europe. That?s the conclusion of the Political Capital Institute?s Demand for Right-Wing Extremism (DEREX) Index.See details
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Hungary?s Mortgage Plan Needs Support to Reach Goal (Update3) (Bloomberg)on Feb 12, 2010 via YahooNews Feb. 11 (Bloomberg) -- The Hungarian central bank?s plan to encourage local currency lending and reduce one of the region?s main financial risks needs further supportive measures to reach its goals, economists at Aegon, Nomura and RBC Capital said.See details
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FinMin dismisses report Hungarian, Russian governments involved in bid for MOL shares (Budapest Business Journal)on Feb 12, 2010 via YahooNews Finance Ministry state secretary Tam?s Katona called a report the governments of Hungary and Russia are involved in a bid by Hungarian oil and gas company MOL to buy MOL shares from Russian peer Surgutneftegas ?implausible?.See details
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Zloty, Hungary Stocks to Gain on Euro Plan, BofA Says (Update2) (Bloomberg)on Feb 12, 2010 via YahooNews Feb. 11 (Bloomberg) -- Investors should buy Poland?s zloty and Hungarian stocks as the countries? efforts to cut budget deficits and adopt the euro will likely boost investor demand for assets in the region, Bank of America Merrill Lynch said.See details
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Hungarian Recession Eased Last Quarter on Exports (Update1) (Bloomberg)on Feb 12, 2010 via YahooNews Feb. 12 (Bloomberg) -- Hungary?s economic contraction eased in the fourth quarter of last year as the country worked to exit its worst recession in 18 years on improving export demand.See details
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(AFX UK Focus) 2010-02-11 10:23 UPDATE 1-Hungary economy to shrink in 2010, grow in 2011-OECD (Interactive Investor)on Feb 12, 2010 via YahooNews BUDAPEST, Feb 11 (Reuters) - Hungary's economy will shrink by another 1 percent this year, more than the government's forecast, the OECD said on Thursday, saying fiscal cutbacks should be continued but at a cautious pace. The Organization for Economic Cooperation and Development's Economic Survey showed the pace of economic contraction slowing from about 6.9 percent in 2009, before rebounding to ...See details
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(AFX UK Focus) 2010-02-11 11:03 Hungary cbank says companies still not seeking loans (Interactive Investor)on Feb 12, 2010 via YahooNews BUDAPEST, Feb 11 (Reuters) - The corporate credit portfolio of Hungarian banks deteriorated in the last quarter of 2009 and companies are still not seeking investment-related loans, a quarterly survey of banks by the central bank showed on Thursday. The survey published on the bank's (NBH) www.mnb.hu homepage said a rise in demand for short-term loans stopped, while ...See details
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Sources : YahooNews
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