Hungary in the news
Hungary 2009 deficit lower than feared, government says (EARTHtimes.org)on Jan 06, 2010 via YahooNews Budapest - Hungary closed 2009 with a central budget deficit of just 3.6 per cent last year, the finance ministry said on Tuesday after preliminary figures for December showed a higher-than-expected budget surplus. Hungary's budget shortfall in 2009 ...See details
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Budapest hit by public transport slowdown (People's Daily)on Jan 06, 2010 via YahooNews The Budapest Transport Company (BKV) unions' work-to-rule slowdown continued on Tuesday, with between 150 and 250 buses remaining off the roads, forcing Hungarian commuters to seek alternate travel. As private cars clogged snowy roads in sub-freezing weather, the BKV claimed a shortfall of 150 buses while the Municipal and Suburban Transport Association (VEKE) put the number at least 250. BKV's ...See details
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(AFX UK Focus) 2010-01-05 17:42 UPDATE 1-Hungary 2009 budget undershoots, on track for IMF goal (Interactive Investor)on Jan 06, 2010 via YahooNews BUDAPEST, Jan 5 (Reuters) - Hungary posted a budget surplus of 205 billion forints ($1.11 billion) in December, putting the annual deficit on track to come in under a target set in its deal with the International Monetary Fund. The finance ministry said the full-year deficit, according to local accounting rules, was 918.6 billion forints in 2009 compared with the ministry's full-year projection ...See details
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(AFX UK Focus) 2010-01-05 18:47 INDICATORS - Hungary - Updated on Jan 5 (Interactive Investor)on Jan 06, 2010 via YahooNews BUDAPEST, Jan 5 (Reuters) - Hungary's latest indicators:See details
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UPDATE: Hungarian Cashflow 2009 Deficit Smaller Than Plan (The Forex Market)on Jan 06, 2010 via YahooNews (Adds details, finance ministry comment.) By Margit Feher Of DOW JONES NEWSWIRES BUDAPEST (Dow Jones)--The Hungarian budget recorded a higher-than-expected surplus in December, ensuring that the closely watched 2009 budget deficit excluding local councils came in at 3.6% of gross domestic product, below the the 3.8%-of-GDP cashflow-based target, the finance ministry said Tuesday.See details
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BP to expand Hungarian service center (Budapest Business Journal)on Jan 06, 2010 via YahooNews British Petroleum's Hungarian unit, BP Business Service Centre Kft, will receive HUF 3.03 billion (?11.26 million) in government investment-stimulus support for the expansion of a service center opened in Budapest last November, according to Hungary's official economic gazette Gazdas?gi K?zl?ny.See details
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Little hopes for car leasing in Hungary after ?black year? (Budapest Business Journal)on Jan 05, 2010 via YahooNews Meager are the hopes for car leasing in Hungary following last year, the worst in the market's history.See details
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Crisis not getting in the way of French-Hungarian businesses (Budapest Business Journal)on Jan 05, 2010 via YahooNews The Hungarian-French Chamber of Commerce (MFKI) is aiming to mobilize the two countries? business communities even in hard economic times. It organized a record number of meetings in 2009 and had a number of new companies joining its two CSR initiatives.See details
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Fidesz Could Get Massive Victory in Hungary (Angus Reid)on Jan 05, 2010 via YahooNews (Angus Reid Global Monitor) - The opposition Hungarian Citizens Party (Fidesz) remains well ahead of its rivals in Hungary, according to a poll by Tarki. 63 per cent of respondents?all of them decided voters?would support Fidesz in this year?s legislative ballot.See details
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Hungary Producer Prices Increase In November (INO News)on Jan 05, 2010 via YahooNews (RTTNews) - Tuesday, the Hungarian Central Statistical Office announced that the total producer price index or PPI increased 0.3% year-on-year in November, compared to a flat reading in the previous month. A year earlier, the PPI was up 6.9%.See details
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Bathhouses soothe Budapest travelers (The Springfield News-Leader)on Jan 05, 2010 via YahooNews Budapest, Hungary -- Sometimes called the "city of spas," Budapest is home to over a dozen thermal spas. The bathhouses make perfect destinations for weary tourists, sore backpackers, and families -- as well as hung-over concert-goers.See details
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Hungary Seeks Tighter Control Over Banks, Nepszabadsag Says (Bloomberg)on Jan 05, 2010 via YahooNews Jan. 5 (Bloomberg) -- The Hungarian government is preparing legislation that would give the state tighter control over banks and would allow the government to partially or entirely nationalize lenders, national daily Nepszabadsag reported, without saying how it obtained the information.See details
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UPDATE: Hungary's Dec Manufacturing PMI 48.5 Vs Nov 47.7 (The Forex Market)on Jan 05, 2010 via YahooNews (Adds detail.) By Veronika Gulyas Of DOW JONES NEWSWIRES BUDAPEST (Dow Jones)--The contraction in Hungary's manufacturing sector activity, which started in October 2008 when the country was hit by the global economic crisis, slowed slightly in December, hitting the second highest reading of 2009, data released Monday showed.See details
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(AFX UK Focus) 2010-01-04 10:50 UPDATE 1-Hungary's 2009 deficit will be below target-finmin (Interactive Investor)on Jan 05, 2010 via YahooNews BUDAPEST, Jan 4 (Reuters) - Hungary's 2009 cash-flow budget deficit will be below the government's target as tax revenues in December came in above expectations while spending remained under control, the finance minister said on Monday. "We can say with great certainty that the cash-flow deficit unfolded more favourably, it came in lower than the target, which is partly due to better tax ...See details
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Hungary?s November Producer-Prices Rise on Fuel Price Increase (Bloomberg)on Jan 05, 2010 via YahooNews Jan. 5 (Bloomberg) -- Hungarian producer-prices , an early indicator of inflation, rose by the most in eight months in November as an increase in fuel costs outweighed the effect of the worst recession in 18 years.See details
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(AFX UK Focus) 2010-01-04 18:20 INDICATORS - Hungary - Jan 4 (Interactive Investor)on Jan 05, 2010 via YahooNews BUDAPEST, Jan 4 (Reuters) - Hungary's latest indicators:See details
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New Year's Eve harness racing (The Record and Herald News)on Jan 01, 2010 via YahooNews A horse and its jockey trot in the fog during the traditional New Year's Eve trotter race in the Kincsem Park of Budapest, Hungary. Kincsem Park, the major horse racing venue of Budapest, marks the end of the year with this traditional New Year's Eve harness racing.See details
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Hungarian House wins gold medal (Delhi News Record)on Jan 01, 2010 via YahooNews The Delhi Hungarian House Rockets atom house league team got a little payback and a gold medal to go along with it at the Langton Leafs Tournament held Dec. 12-13.See details
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Visiting bathhouses in Budapest, the city of spas: Perfect for weary tourists (The Canadian Press via Yahoo! Canada News)on Jan 01, 2010 via YahooNews BUDAPEST, Hungary - Sometimes called the "city of spas," Budapest is home to over a dozen thermal spas. The bathhouses make perfect destinations for weary tourists, sore backpackers, and families - as well as hung-over concert-goers.See details
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Budapest sets out conditions for taking on ailing national airline (EARTHtimes.org)on Jan 01, 2010 via YahooNews Budapest - The Hungarian government has given the Russian Vnesheconombank until the end of January to sign a deal that would give the Hungarian state an ownership stake in Hungary's national airline Malev, the state news agency MTI reported on Thursd...See details
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Sources : YahooNews
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