Hungary in the news

Hungary Sells $2 Billion of 10-Year Bonds in Overseas Markets (BusinessWeek)

on Jan 27, 2010 via YahooNews

Hungary sold $2 billion of bonds in the country?s first dollar-denominated issue in five years, swelling developing nations? offerings this year to over $16 billion.

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Hungary's Constitutional Court Annuls Real-Estate Tax (Nasdaq)

on Jan 27, 2010 via YahooNews

BUDAPEST -(Dow Jones)- Hungary's new real estate tax is unconstitutional, the Constitutional Court ruled Tuesday as it annulled the tax retroactively from the date of its launch Jan. 1.

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(AFX UK Focus) 2010-01-26 15:23 UPDATE 1-Hungary court scraps real estate tax (Interactive Investor)

on Jan 27, 2010 via YahooNews

BUDAPEST, Jan 26 (Reuters) - Hungary's top court scrapped a new tax imposed on housing real estate as unconstitutional on Tuesday, which analysts said added to fiscal risks the country faced in an election year. Although the expected proceeds from the new tax were small in comparison with other tax types, it was among the measures introduced by the crisis management cabinet of Prime Minister ...

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Budget pressure as Hungary's Constitutional Court rejects new tax (EARTHtimes.org)

on Jan 27, 2010 via YahooNews

Budapest - The Hungarian courts on Monday revoked a tax on residential property that came into force this month, ruling that it was unconstitutional. The socialist-backed government claimed that the tax, to be levied on homes with a value over the eq...

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(AFX UK Focus) 2010-01-26 18:39 INDICATORS - Hungary - Jan 26 (Interactive Investor)

on Jan 27, 2010 via YahooNews

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

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Hungarian November Retail Sales Fall at Fastest Pace on Record (Bloomberg)

on Jan 25, 2010 via YahooNews

Jan. 25 (Bloomberg) -- Hungarian retail sales fell at the fastest annual pace in November in at least 11 years as government measures to control the budget deficit and the worst recession in 18 years sapped consumer spending.

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Hungary Central Bank Cuts Base Rate To 6.00%, As Expected (The Forex Market)

on Jan 25, 2010 via YahooNews

BUDAPEST (Dow Jones)--Hungary lowered Monday its key rate to a historic low of 6%, as expected by financial markets and analysts, in a bid to boost its weak economy which is undergoing the deepest contraction for nearly two decades.

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Hungary Reduces Benchmark Rate to Lowest Since 2006 (Update2) (Bloomberg)

on Jan 25, 2010 via YahooNews

Jan. 25 (Bloomberg) -- Hungary?s central bank cut the benchmark interest rate to the lowest level since May 2006 as policy makers balanced concerns for currency weakening with the effects of the deepest recession in 18 years.

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(AFX UK Focus) 2010-01-25 16:46 Hungary opposition slams cbank for "mistaken" policy (Interactive Investor)

on Jan 25, 2010 via YahooNews

BUDAPEST, Jan 25 (Reuters) - Hungary's opposition Fidesz party stepped up criticism of the central bank on Monday saying the bank should have cut its key rate a year ago in one step to 6.0 percent which would have mitigated a deep recession. Centre-right Fidesz, which is widely expected to win parliamentary elections in April, sharply criticised the central bank shortly after the bank trimmed ...

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Hungary's key interest rate cut to 6 percent (INO News)

on Jan 25, 2010 via YahooNews

(AP:BUDAPEST, Hungary) The National Bank of Hungary on Monday cut its main interest rate by a quarter percentage point to 6 percent, its lowest level since September 2005.

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British men 'tricked' into Hungary jail (Guardian Unlimited)

on Jan 25, 2010 via YahooNews

Relatives are concerned for the health of pair who could be held for two years without charge Two bedraggled fir trees, still wreathed in tinsel and pathetic decorations, grace the kerb opposite the remand block of Unit 3, Budapest prison, in a dreary suburb of the Hungarian capital. Each day, relatives and friends of inmates gather there to shout messages, send elaborate hand signals and curse ...

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(AFX UK Focus) 2010-01-25 14:32 HIGHLIGHTS-Hungary's central bank on interest rates (Interactive Investor)

on Jan 25, 2010 via YahooNews

BUDAPEST, Jan 25 (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 25 basis points to 6.0 percent on Monday.

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(AFX UK Focus) 2010-01-25 17:07 INDICATORS - Hungary - Jan 25 (Interactive Investor)

on Jan 25, 2010 via YahooNews

BUDAPEST, Jan 25 (Reuters) - Hungary's latest indicators:

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Hungary's central bank cuts key interest rate to 6 percent, lowest since Sept 2005 (Minneapolis-St. Paul Star Tribune)

on Jan 25, 2010 via YahooNews

BUDAPEST, Hungary - The National Bank of Hungary on Monday cut its main interest rate by a quarter percentage point to 6 percent, its lowest since September 2005.

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Hungary's key interest rate cut to 6 percent (San Francisco Chronicle)

on Jan 25, 2010 via YahooNews

The National Bank of Hungary on Monday cut its main interest rate by a quarter percentage point to 6 percent, its lowest since September 2005. The rate cut, to take effect Jan. 26, was in line with analysts' expectations, who saw the central bank weighing... Central bank - Business - Interest rate - Hungarian National Bank - Financial Services

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(AFX UK Focus) 2010-01-22 17:50 INDICATORS - Hungary - Jan 22 (Interactive Investor)

on Jan 24, 2010 via YahooNews

BUDAPEST, Jan 22 (Reuters) - Hungary's latest indicators:

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British businessmen 'tricked' into Hungary jail (MalaysiaNews.net)

on Jan 24, 2010 via YahooNews

two British businessmen : Michael Turner, 27, from Corfe Castle, Dorset, and Jason McGoldrick, 37, from Plymouth. They stand accused of defrauding 134 customers of a total of ?18,000 in a Budapest ti...

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Hungary's Small Firms To Recover On Foreign Demand - Minister (Nasdaq)

on Jan 24, 2010 via YahooNews

BUDAPEST -(Dow Jones)- Hungarian small and medium-size enterprises are expected to recover somewhat in 2010 on rising exports and possibly joining supplier groups of global companies' local operations, Economy Minister Istvan Varga said Friday.

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Hungary to hold general election on April 11 (EARTHtimes.org)

on Jan 24, 2010 via YahooNews

Budapest- Hungarian President Laszlo Solyom announced on Friday that elections for a new parliament will be held on April 11. Under Hungary's complex electoral system - a hybrid of direct constituency elections and proportional representation - a sec...

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Czechs floor Hungary in Budapest (UEFA News)

on Jan 24, 2010 via YahooNews

Czech Republic 6-5 Hungary The hosts were turfed out of the tournament in sensational style, with Marek Kopeck? striking the death blow in the dying seconds.

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Sources : YahooNews

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