Hungary in the news

(AFX UK Focus) 2010-03-01 20:50 Hungary lending limits to be temporary -top banker (Interactive Investor)

on Mar 02, 2010 via YahooNews

BUDAPEST, March 1 (Reuters) - Restrictions on mortgage lending that took effect on Monday hinder Hungary's recovery from its deep recession and are likely to be eased by the next government after April elections, the country's top banker said. The new rules decided by the current Socialist government late last year set a 75 percent loan-to-value limit in forint mortgage lending and 60 percent in ...

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(AFX UK Focus) 2010-02-28 22:06 Hungary's opposition in talks with IMF - official (Interactive Investor)

on Mar 01, 2010 via YahooNews

BUDAPEST, Feb 28 (Reuters) - Hungary's opposition has met with international lenders to discuss the country's financial bailout deal, which they will likely renegotiate if they win elections due in April, a senior policymaker said on Sunday. Mihaly Varga, whose Fidesz party is widely projected to score a landslide victory over the ruling Socialists, said that they had met with International ...

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Hungary Buys Back Stake In Airline Malev From VEB (The Moscow Times)

on Mar 01, 2010 via YahooNews

BUDAPEST ? Hungary will almost fully renationalize air carrier Malev under a deal signed by the government and Malev's Hungarian and Russian shareholders in a bid to save the airline, the government said Saturday.

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Hungary frees fraud case Britons (BBC News)

on Feb 28, 2010 via YahooNews

Two men held in jail in Hungary on fraud charges after the collapse of their timeshare business are freed.

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Hungary Downs U.S. in Men's Water Polo, 11-5 (Swimming World Magazine)

on Feb 28, 2010 via YahooNews

BUDAPEST, Hungary, February 26. THE USA Men's National Team came up short in an 11-5 loss to Hungary earlier today on day two of the Volvo Cup. In a rematch of the Gold Medal game from the 2008 Olympi...

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British men released from Hungarian jail condemn European arrest laws (Daily Telegraph)

on Feb 28, 2010 via YahooNews

Two British men released from jail in Hungary, where they had been held without charge, have criticised the "unfair" European laws that led to their imprisonment.

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Hungary, Russia reach deal on airline Malev -source (Reuters via Yahoo! Malaysia News)

on Feb 28, 2010 via YahooNews

BUDAPEST, Feb 26 (Reuters) - The Hungarian government has reached an agreement with the Hungarian and Russian shareholders of indebted airline Malev [MALV.UL ] about a bailout for the company, a Hungarian government source said on Friday.

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Hungarian airline Malev returns to state ownership (EARTHtimes.org)

on Feb 28, 2010 via YahooNews

Budapest - Hungary will take over the ailing national airline Malev, partly in lieu of debts to the state, the Finance Ministry said early on Saturday after signing a deal with shareholders. Hungary has agreed to take a 95 per cent stake in Malev wor...

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Hungarian government acquires majority stake in ailing Malev (Malaysian Mirror)

on Feb 28, 2010 via YahooNews

BUDAPEST -The Hungarian government has acquired a 95-percent share in debt-ridden airline Malev, effectively renationalising the company two years after it was privatised, the finance ministry said Saturday.

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Hungarian govt acquires majority stake in ailing Malev (Malaysian Mirror)

on Feb 28, 2010 via YahooNews

BUDAPEST -The Hungarian government has acquired a 95-percent share in debt-ridden airline Malev, effectively renationalising the company two years after it was privatised, the finance ministry said Saturday. Read more...

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(AFX UK Focus) 2010-02-27 01:15 UPDATE 1-Hungary's govt to renationalise airline Malev (Interactive Investor)

on Feb 28, 2010 via YahooNews

BUDAPEST, Feb 27 (Reuters) - Hungary will almost fully renationalise air carrier Malev under a deal signed by the government and Malev's Hungarian and Russian shareholders in a bid to save the airline, the government said on Saturday. Under the agreement, reached after lengthy negotiations, the Hungarian government will raise Malev's capital by 25.2 billion Hungarian forints ($127.8 million) by ...

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Hungarian films reveal artistry, compassion (North Adams Transcript)

on Feb 26, 2010 via YahooNews

Friday February 26, 2010 North Adams Transcript Hungarian filmmaker Ildiko Szabo?s "Child Murders" offers stark black-and-white cinematography but nothing so clearly defined in its story -- it?s all gray, for better or worse. Young Zsolt (Barnabas Toth) lives an isolated life in a dumpy apartment complex, spending most of his time not just caring for his drunken grandmother,

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PM Boc wants Romanian community represented in Hungarian Parliament (Nine O'Clock)

on Feb 26, 2010 via YahooNews

Bucharest Authorities want the Romanian community to be represented in the Hungarian Parliament as soon as possible and the ?ethnobusiness? situations where minorities are represented by people who don?t even speak that community?s language to be eliminated, Boc stated.

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Hungary takes responsibility for drafting Danube Strategy, says PM Bajnai (Budapest Business Journal)

on Feb 26, 2010 via YahooNews

Hungary assumes a specific responsibility for drafting the EU's Danube Strategy as the document will be up for approval during its EU presidency in the first half of 2011, Prime Minister Gordon Bajnai said in Budapest.

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(AFX UK Focus) 2010-02-24 19:01 INDICATORS - Hungary - Updated on Feb 24 (Interactive Investor)

on Feb 26, 2010 via YahooNews

BUDAPEST, Feb 24 (Reuters) - Hungary's latest indicators:

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Outgoing Hungarian PM warns of rise of far right (Deepika)

on Feb 26, 2010 via YahooNews

BUDAPEST, Feb 22 (Reuters) Outgoing Prime Minister Gordon Bajnai said today Hungary's main parties must join forces to prevent the far right entering parliament in April elections, calling it a ''monster'' that threatens democracy. Hungary will hold elections on April 11 and 25.

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Hungarian Borrowing Costs May Decline, Borbely Says (Update1) (Bloomberg)

on Feb 26, 2010 via YahooNews

Feb. 26 (Bloomberg) -- Yields on Hungary?s longer-maturity government bonds have room to decline even as the central bank may be close to ending its series of interest-rate cuts, a top official at the state debt agency said.

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Eight EU member states to work out development strategy of Danube river region (People's Daily)

on Feb 26, 2010 via YahooNews

Hungarian Minister for Foreign Affairs Peter Balazs announced on Thursday at the Danube Summit intergovernmental meeting in Budapest that eight EU member states have agreed to prepare an EU Strategy for the Danube river region by the end of 2010. The joint declaration states that the eight countries, Austria, Bulgaria, the Czech Republic, Germany, Hungary, Romania, Slovakia, and Slovenia, have ...

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Civic groups seek halt to Hungary MotoGP racetrack (Connecticut Post)

on Feb 26, 2010 via YahooNews

BUDAPEST, Hungary (AP) ? Civic groups are asking Hungary's government to suspend financial support for Balatonring, the country's MotoGP racetrack under construction.

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Civic groups seek halt to Hungary MotoGP racetrack (AP via Yahoo! Sports)

on Feb 26, 2010 via YahooNews

Civic groups are asking Hungary's government to suspend financial support for Balatonring, the country's MotoGP racetrack under construction. Transparency International Hungary, the Hungarian Civil Liberties Union and K-Monitor, a group of anti-corruption activists, say the government should make public a feasibility study about Balatonring by global accounting firm KPMG before committing...

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Sources : YahooNews HVG