Hungary in the news

Hungary-based U.S. Airmen Write New Chapter in Mulitinational Operations

on Nov 02, 2012 via YahooNews

PAPA AIR BASE, Hungary | At this small, bare-bones, communist-era airfield located in the Hungarian countryside, midpoint between Vienna and Budapest, American Airmen are writing a dynamic new...

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Hungary, Russia Shake Hands on South Stream Section

on Nov 02, 2012 via YahooNews

Hungary and Russia's Gazprom have signed a final shareholders' agreement to build the Hungarian section of natural gas pipeline South Stream. "The decision to build the Hungarian stretch of the gas pipeline is now final," Gazprom deputy CEO Alexander Medvedev told a news conference, as cited by international media. He has argued that the project will contribute to the security of natural gas ...

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Hungary bonds may woo foreigners

on Nov 02, 2012 via YahooNews

Hungary plans to offer non-EU nationals permanent residence if they buy at least 250,000 euros' worth of state bonds.

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Gazprom, MVM form joint venture to build Hungarian South Stream section

on Oct 31, 2012 via YahooNews

The Russian energy giant Gazprom and Hungarian electricity company MVM agreed on Wednesday to build Hungary's section of the South Stream natural gas pipeline.

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Gazprom, Hungary Sign Deal on Hungarian South Stream Section

on Oct 31, 2012 via YahooNews

Gazprom, Hungary Sign Deal on Hungarian South Stream Section

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Hungary Retail Debt-Sale Plan Threatens to Drain Bank Deposits

on Oct 31, 2012 via YahooNews

Hungary?s plan to add euro bonds to household debt offerings while aid talks stall risks starving local banks of deposits and may prolong the second recession in four years, policy makers and investors in Budapest said.

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UPDATE 2-Unfazed by IMF doubts, Hungary cuts rates again

on Oct 30, 2012 via YahooNews

* Third 25 bps cut in as many months, main rate falls to6.25 pct * Rates could fall further still if risk, CPI outlook allow * Concerns over weak economy trump CPI, market risks * Economists, markets losing faith in IMF credit deal BUDAPEST, Oct 30 (Reuters) - Hungary's central bank cutinterest rates again on Tuesday, prioritising growth, and hintedat more easing even though doubts about an aid ...

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Want a European Union passport? Buy bonds in Hungary

on Oct 30, 2012 via YahooNews

Lawmakers in indebted European Union member Hungary are waving the prospect of a passport at well-heeled foreign investors.

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Unfazed by IMF doubts, Hungary cuts rates again

on Oct 30, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary's divided central bank cut interest rates for the third successive month on Tuesday, shrugging off inflation and market scepticism over whether the indebted country will secure an international financing backstop. The decision by the seven-strong panel to cut official borrowing costs by another 25 basis points to 6.25 percent shows newer dovish members appointed by ...

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UPDATE 1-Unfazed by IMF doubts, Hungary cuts rates again

on Oct 30, 2012 via YahooNews

* Third 25 bps cut in as many months, main rate falls to6.25 pct * Concerns over weak economy trump CPI, market risks * Economists, markets losing faith in IMF credit deal BUDAPEST, Oct 30 (Reuters) - Hungary's divided central bankcut interest rates for the third successive month on Tuesday,shrugging off inflation and market scepticism over whether theindebted country will secure an ...

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Want to be Hungarian? Buy some bonds

on Oct 30, 2012 via YahooNews

BUDAPEST (Reuters) - Lawmakers in indebted European Union member Hungary are waving the prospect of a passport at well-heeled foreign investors. Proposed legislation listed on parliament's website would grant permanent residency and ultimately Hungarian citizenship to outsiders who buy at least 250,000 euros ($322,600) worth of special government bonds. Hungarian passport holders are entitled to ...

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Want to be Hungarian? Buy some bonds

on Oct 30, 2012 via YahooNews

BUDAPEST (Reuters) - Lawmakers in indebted European Union member Hungary are waving the prospect of a passport at well-heeled foreign investors. Proposed legislation listed on parliament's website would grant permanent residency and ultimately Hungarian citizenship to outsiders who buy at least 250,000 euros (200,834 pounds) worth of special government bonds. Hungarian passport holders are ...

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Budapest Transport Company to raise public-transport fees 5-8% next year

on Oct 30, 2012 via YahooNews

The newspaper said that the Budapest Public Transport Centre (BKK) would submit various proposals regarding a hike in public-transport fares to the Budapest Council on Wednesday.

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DFA Undersecretary Laura Q. del Rosario Delivers Keynote Address at ASEAN Awareness Forum in Budapest, Hungary

on Oct 30, 2012 via YahooNews

30 October 2012 - Foreign Affairs Undersecretary for International Economic Relations Laura Q. del Rosario was among the keynote speakers during the ASEAN Awareness Forum held in Budapest, Hungary, on October 10 to 12. The ASEAN Awareness Forum, organized by the Hungarian Foreign Ministry, is part of the new foreign policy of "Global Opening" implemented since the assumption of Prime Minister ...

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Hungary rewrites voting rules amid opposition protest

on Oct 29, 2012 via YahooNews

* Voters must sign up 15 days before 2014 vote * Opposition party sprays lawmakers with paper slips * System could reduce turnout, hit all parties -survey BUDAPEST, Oct 29 (Reuters) - Hungarian voters in the nextelection in 2014 will have to register at least 15 daysbeforehand under a reform pushed through parliament on Monday,which drew protests from the opposition. A recent survey by pollster ...

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"Life would go on" without IMF deal - Hungary minister

on Oct 29, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary would still like to reach an agreement with the International Monetary Fund on a financing backstop but "life would go on" without it, the minister in charge of its aid talks, Mihaly Varga said on Monday.

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UPDATE 1-"Life would go on" without IMF deal, Hungary says

on Oct 29, 2012 via YahooNews

BUDAPEST, Oct 29 (Reuters) - Hungary appeared to cast doubton Monday on prospects for an International MonetaryFund/European Union funding pact, with Budapest's negotiatorsaying "life would go on" even without a deal. Mihaly Varga, Hungary's minister in charge of thenegotiations, also played down what an IMF/EU deal would do toattract investors. The remarks came after the IMF's local ...

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"Life would go on" without IMF deal, Hungary says

on Oct 29, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary appeared to cast doubt on Monday on prospects for an International Monetary Fund/European Union funding pact, with Budapest's negotiator saying "life would go on" even without a deal. Mihaly Varga, Hungary's minister in charge of the negotiations, also played down what an IMF/EU deal would do to attract investors. The remarks came after the IMF's local representative ...

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"Life would go on" without IMF deal - Hungary minister

on Oct 29, 2012 via YahooNews

BUDAPEST (Reuters) - Hungary would still like to reach an agreement with the International Monetary Fund on a financing backstop but "life would go on" without it, the minister in charge of its ...

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Critical IMF says no date for next Hungary aid talks

on Oct 28, 2012 via YahooNews

BUDAPEST (Reuters) - The International Monetary Fund has not fixed a date for its next round of aid talks with Hungary, the IMF's representative in Hungary said on Saturday, saying that Budapest's latest tax measures ran counter to its recommendations. Hungary on Friday scrambled to allay concerns that near year-long talks with the IMF were close to breaking down after a website said the IMF ...

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Sources : YahooNews

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