Hungary in the news - via YahooNews
Moody's Cuts Hungary's Rating to Junk; Outlook Negativeon Nov 25, 2011 via YahooNews By Sandor Peto and Gergely Szakacs BUDAPEST, Nov 25 (Reuters) - Ratings agency Moody's cut Hungary's government bond rating by one notch to Ba1, below investment-grade with a negative outlook hours after rival Standard & Poor's held fire on a flagged downgrade on news of planned talks on international aid.See details
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Hungary?s Junk Grade Boosts IMF Need as Rate Pressure Riseson Nov 25, 2011 via YahooNews Hungary must redouble efforts to obtain International Monetary Fund aid and the central bank should raise rates to ease financing risks after Moody?s Investors Service cut the country?s credit grade to junk, said fund managers from Budapest to London.See details
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Moody's Downgrades Hungary To 'Junk' Status; Government Calls Move A 'Financial Attack'on Nov 25, 2011 via YahooNews BUDAPEST (Sandor Peto and Marton Dunai) - Credit rating agency Moody's cut Hungary's debt to "junk" grade late on Thursday, dealing a blow to Prime Minister Viktor Orban's unorthodox economic policies and prompting his government to denounce the move as a "financial attack."See details
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Hungary?s Junk Grade Boosts Need for IMF as Rate Pressure Riseson Nov 25, 2011 via YahooNews Hungary must redouble efforts to obtain International Monetary Fund aid and the central bank should raise rates to ease financing risks after Moody?s Investors Service cut the country?s credit grade to junk, said fund managers from Budapest to London.See details
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Global Stocks Fall on Turmoil in Italy and Hungaryon Nov 25, 2011 via YahooNews Italy?s borrowing costs soared and Hungary?s credit rating was cut, leading to a decline in global market indexes.See details
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Hungary says Moody's downgrade 'financial attack'on Nov 25, 2011 via YahooNews (11-25) 02:25 PST BUDAPEST, Hungary (AP) -- Hungary has slammed Moody's decision to downgrade its credit rating to junk status, describing it Friday as another unjustified financial attack against the country. Hungary,...See details
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Moody's cuts Hungary to "junk," government sees attackon Nov 25, 2011 via YahooNews BUDAPEST (Reuters) - Credit rating agency Moody's cut Hungary's debt to "junk" grade late on Thursday, dealing a blow to Prime Minister Viktor Orban's unorthodox economic policies and prompting his government to denounce the move as a "financial attack." Moody's lowered Hungary's sovereign rating by one notch to Ba1, just below investment grade, with a negative outlook, hours after rival ...See details
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Hungary yields soar after downgradeon Nov 25, 2011 via YahooNews A employee changes currency rates on an information board at an exchange office in downtown Budapest. Yields on Hungarian sovereign bonds soared and the forint dropped after Moody's downgraded Hungary's ...See details
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Hungary?s Last-Minute IMF Plea Fails to Avert Junk Gradeon Nov 25, 2011 via YahooNews Hungary, which last week turned to the International Monetary Fund for help, lost its investment- grade rating at Moody?s Investors Service, which cited risks to budget-deficit and public debt targets.See details
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Hungarian stocks sink after rating downgradeon Nov 25, 2011 via YahooNews LONDON (MarketWatch) -- Hungarian stocks fell sharply on Friday, with the BUX index down 4.3% in morning trade in Budapest. The losses came after Moody's Investors Service downgraded late Thursday Hungary's government bond rating, citing rising uncertainty around the country's ability to meet its medium-term targets for fiscal consolidation and public-sector debt reduction. Market Pulse Stories ...See details
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Analyst view - Moody's cuts Hungary rating to "junk"on Nov 25, 2011 via YahooNews BUDAPEST (Reuters) - Ratings agency Moody's cut Hungary's sovereign rating into junk territory late on Thursday, adding to the country's woes despite a government move to seek IMF backing and driving its forint currency over 1 percent lower near record lows. Following are analysts' comments on the move. PETER CSASZAR, KBC "The fact that Moody's maintained the negative outlook signals that ...See details
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Hungary says downgrade by Moody's to junk status has no real basis, part of 'financial attack'on Nov 25, 2011 via YahooNews BUDAPEST, Hungary - Hungary's economy ministry says a downgrade to junk status of the country's credit rating by Moody's has no real basis and is part of a series of "financial attacks" against the country.See details
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Hungary says Moody's downgrade 'financial attack'on Nov 25, 2011 via YahooNews PABLO GORONDI Associated Press BUDAPEST, Hungary The downgrade to junk status of Hungary's credit rating by Moody's is part of a series of "financial attacks" against the country, Hungary's economy ministry said Friday. Moody's Investors Service, one of the three main credit rating agencies, cut its valuations of Hungary's government bonds by one notch, from Baa3 to Ba1, pushing its valuation of ...See details
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Moody's cuts Hungary to "junk", govt sees attackon Nov 25, 2011 via YahooNews BUDAPEST (Reuters) - Moody's slashed Hungary's government bond rating to "junk" late on Thursday, citing high debt levels, weak growth prospects and uncertainty about its ability to meet fiscal goals, in what the government called part of "financial attacks" against the country. Moody's cut Hungary's government bond rating by one notch to Ba1, below investment-grade, with a negative outlook ...See details
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Moody's cuts Hungary to "junk," government sees attackon Nov 25, 2011 via YahooNews BUDAPEST (Reuters) - Moody's slashed Hungary's government bond rating to "junk" late on Thursday, citing high debt levels, weak growth prospects and uncertainty about its ability to meet fiscal goals, in what the government called part of "financial attacks" against the country. Moody's cut Hungary's government bond rating by one notch to Ba1, below investment-grade, with a negative outlook ...See details
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Moody's cuts Hungary to "junk"on Nov 25, 2011 via YahooNews BUDAPEST (Reuters) - Moody's slashed Hungary's government bond rating to "junk" late on Thursday, citing high debt levels, weak growth prospects and uncertainty about its ability to meet fiscal goals, in what the government called part of "financial attacks" against the country. Moody's cut Hungary's government bond rating by one notch to Ba1, below investment-grade, with a negative outlook ...See details
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Hungary says Moody's downgrade 'financial attack'on Nov 25, 2011 via YahooNews Hungary's economy ministry says a downgrade to junk status of the country's credit rating by Moody's has no real basis and is part of a series of "financial attacks" against the country.See details
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Moody's cuts Hungary rating to noninvestment gradeon Nov 25, 2011 via YahooNews BUDAPEST, Nov 25 (Reuters) Ratings agency Moody's cut Hungary's government bond rating by one notch to Ba1, below investmentgrade with a negative outlook hours after rival Standard & Poor's held fire on a flagged downgrade on news of planned talks on international aid.See details
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Hungary Determined To Reach Agreement With IMFon Nov 25, 2011 via YahooNews Hungary Determined To Reach Agreement With IMFSee details
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Raiffeisen May Exit Some Eastern Europe Nations Amid Hungary Woeon Nov 24, 2011 via YahooNews Raiffeisen Bank International AG said it may leave some eastern European nations as losses in Hungary stall a two-decade expansion drive that made the Austrian company the region?s third-biggest lender.See details
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Sources : YahooNews
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