Hungary in the news - via YahooNews
Hungary to give banks $3 billion capital boost (Lexington Herald-Leader)on Nov 06, 2008 via YahooNews Hungarian financial authorities say they are ready to provide local banks up to 600 billion forints ($3 billion, 2.3 billion euros) to boost banks capital and help them refinance debts. The government plans to present the package to parliament on Monday and ask for speedy approval. Half would be guarantees to help the banks refinance. Hungary would get a stake in the banks participating in ...See details
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Hungary to give banks $3 billion capital boost (INO News)on Nov 06, 2008 via YahooNews (AP:BUDAPEST, Hungary) Hungary is preparing a financial aid package worth up to 600 billion forints ($3 billion, 2.3 billion euros) to boost domestic banks' capital and help them refinance debts, authorities said Thursday.See details
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Hungary's top telco Magyar Telekom ups Q3 net profit 5.8% y/y despitefalling sales, EBITDA (Interfax)on Nov 06, 2008 via YahooNews BUDAPEST. NOVEMBER 6. INTERFAX CENTRAL EUROPE - Hungary's largest telecom company Magyar Telekom, a listed company majority-owned by Deutsche Telekom, recorded net income of HUF 26.7 bln in the third quarter of 2008, up 5.8% year on year (y/y) as falling revenues and EBITDA (earnings before interest, taxes, depreciation and amortization) were offset by lower taxes and amortization costs, ...See details
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Hungarian Forint Drops To 2-Day Low versus Greenback (Nasdaq)on Nov 06, 2008 via YahooNews (RTTNews) - The Hungarian forint dropped to a 2-day low against the greenback as Hungary's industrial gross output decreased in September.See details
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Hungary to give banks $3 billion capital boost (Bay News 9 Tampa Bay)on Nov 06, 2008 via YahooNews By The Associated Press BUDAPEST, Hungary (AP) -- Hungary is preparing a financial aid package worth up to 600 billion forints ($3 billion, 2.3 billion euros) to boost domestic banks' capital and help them refinance debts, authorities said Thursday.See details
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Hungary to give banks $3 billion capital boost (The Post-Standard)on Nov 06, 2008 via YahooNews BUDAPEST, Hungary (AP) ? Hungarian financial authorities say they are ready to provide local banks up to 600 billion forints ($3 billion, 2.3 billion euros) to boost banks capital and help them refinance debts.See details
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Hungarian Forint Drops To 2-Day Low versus Greenback (Nasdaq)on Nov 06, 2008 via YahooNews (RTTNews) - The Hungarian forint dropped to a 2-day low against the greenback as Hungary's industrial gross output decreased in September.See details
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Hungarian Forint Drops To 2-Day Low versus Greenback (Nasdaq)on Nov 06, 2008 via YahooNews (RTTNews) - The Hungarian forint dropped to a 2-day low against the greenback as Hungary's industrial gross output decreased in September.See details
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Hungary to give banks $3 billion capital boost (Fort Worth Star-Telegram)on Nov 06, 2008 via YahooNews Hungarian financial authorities say they are ready to provide local banks up to 600 billion forints ($3 billion, 2.3 billion euros) to boost banks capital and help them refinance debts. The government plans to present the package to parliament on Monday and ask for speedy approval. Half would be guarantees to help the banks refinance. Hungary would get a stake in the banks participating in the ...See details
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Hungary to give banks $3 billion capital boost (KIVI Boise)on Nov 06, 2008 via YahooNews Associated Press - November 6, 2008 7:13 AM ET BUDAPEST, Hungary (AP) - Hungarian financial authorities say they are ready to provide local banks up to 600 billion forints ($3 billion, 2.3...See details
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Hungary preparing $3 billion rescue package for local banking sector (Minneapolis-St. Paul Star Tribune)on Nov 06, 2008 via YahooNews BUDAPEST, Hungary - Hungarian financial authorities say they are ready to provide local banks up to 600 billion forints ($3 billion, 2.3 billion euros) to boost banks capital and help them refinance debts.See details
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Hungary Proposes $3 Billion Aid Package for Banks (Update1) (Bloomberg)on Nov 06, 2008 via YahooNews Nov. 6 (Bloomberg) -- Hungary proposed a 600 billion- forint ($3 billion) aid package to recapitalize banks and help them refinance debt. The plan, part of a 20 billion-euro ($25.8 billion) rescue package from the International Monetary Fund , the European Union and the World Bank, will be evenly split between a Capital Base Enhancement Fund and a Refinancing Guarantee Fund, Magyar Nemzeti Bank ...See details
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Hungarian Forint Drops To 2-Day Low versus Greenback (Nasdaq)on Nov 06, 2008 via YahooNews (RTTNews) - The Hungarian forint dropped to a 2-day low against the greenback as Hungary's industrial gross output decreased in September.See details
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(AFX UK Focus) 2008-11-06 10:31 UPDATE 1-Hungary to use HUF 600 bln to shore up bank system (Interactive Investor)on Nov 06, 2008 via YahooNews BUDAPEST, Nov 6 (Reuters) - Hungary's government and central bank will provide 600 billion forints ($2.95 billion) in funding to shore up the country's banking system, National Bank of Hungary Governor Andras Simor said on Thursday. Of the package, part of a $25.1 billion IMF-led rescue loan to Hungary, 300 billion forints will be used to recapitalise banks and 300 billion will be used to help ...See details
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(AFX UK Focus) 2008-11-06 10:39 TEXT-Hungary's Letter of Intent to the IMF (Interactive Investor)on Nov 06, 2008 via YahooNews BUDAPEST, Nov 6 (Reuters) - Following are excerpts from the a Letter of Intent which Hungary's central bank and government sent to the International Monetary Fund and published on the central bank's website www.mnb.hu on Thursday. "Financial market stress in Hungary has intensified in past weeks as a result of events in global financial markets. In response, the government and the central bank ...See details
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Kuwaiti diplomat robbed in Budapest (People's Daily)on Nov 06, 2008 via YahooNews A Kuwaiti diplomat, who was robbed and locked in the cellar of his house in Budapest on Tuesday, was freed one day later, Hungarian News Agency MTI reported Wednesday. The diplomat, who was not identified, was freed by one of his colleagues, but the two robbers had escaped with many valuables. The police had investigated into the incident, said Budapest police spokesman Laszlo Kalyo. &$ ...See details
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(AFX UK Focus) 2008-11-06 10:31 UPDATE 1-Hungary to use HUF 600 bln to shore up bank system (Interactive Investor)on Nov 06, 2008 via YahooNews BUDAPEST, Nov 6 (Reuters) - Hungary's government and central bank will provide 600 billion forints ($2.95 billion) in funding to shore up the country's banking system, National Bank of Hungary Governor Andras Simor said on Thursday. Of the package, part of a $25.1 billion IMF-led rescue loan to Hungary, 300 billion forints will be used to recapitalise banks and 300 billion will be used to help ...See details
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17:00 (BST), 05/11/2008 Super Street Fighter II Turbo Pinball FX Press Release PROVIDED BY GAMES PRESS Budapest, ... (gamesindustry.biz)on Nov 06, 2008 via YahooNews Budapest, Hungary ?November 5, 2008 ? ZEN Studios, a videogame developer and digital publisher known for its innovative arcade, strategy and action games, announced today it is working with CapcomSee details
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(AFX UK Focus) 2008-11-06 08:29 UPDATE 1-Hungary's output down in Sept as exports drop (Interactive Investor)on Nov 06, 2008 via YahooNews BUDAPEST, Nov 6 (Reuters) - Hungary's industrial output fell in September on a drop in exports, and order levels do not indicate any improvement in the near future, the Central Statistical Office, KSH, said on Thursday. Output fell by an annual 0.7 percent in September based on unadjusted data, after a 5.9 percent fall in August, in line with analysts' average forecasts in a Reuters poll. But ...See details
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Hungarian press review 06/11/2008 - Government & Economy (Interfax)on Nov 06, 2008 via YahooNews BUDAPEST. NOVEMBER 6. INTERFAX CENTRAL EUROPE - ECONOMY: Minister Urges Revisions to National Development Scheme - In light of the current economic difficulties, Hungary should consider revising its "new Hungary national development plan" (UMFT) and reallocate greater amounts so as to secure the stability of domestic small and medium enterprises, National Development and Economy Minister Gordon ...See details
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