Hungary in the news - via YahooNews

Hungary's Gyurcsany Set to Keep Party Post, Nepszabadsag Says (Bloomberg)

on Nov 20, 2008 via YahooNews

Nov. 20 (Bloomberg) -- Hungarian Prime Minister Ferenc Gyurcsany won't face a challenge to his Socialist Party leadership at a March meeting, Nepszabadsag reported, citing unnamed officials.

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(AFX UK Focus) 2008-11-20 09:19 Hungary bank rescue bill delayed by weeks-minister (Interactive Investor)

on Nov 20, 2008 via YahooNews

BUDAPEST, Nov 20 (Reuters) - Hungary's 600 billion forint bank rescue package will need several more weeks to go through parliament, Finance Minister Janos Veres said on Thursday. The bill was expected to pass in parliament on Monday but parliament's budget committee rejected the bill and it will now go back to the legislature next Monday, where it would need three more weeks for a final vote, ...

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From Munk

on Nov 20, 2008 via YahooNews

BUDAPEST.-

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Killings of Roma in Hungary sparks row over racism (Reuters via Yahoo!Xtra News)

on Nov 19, 2008 via YahooNews

BUDAPEST (Reuters) - The killings of two Roma people in a grenade attack in southern Hungary sparked a dispute on Wednesday between police and the minority ombudsman, who said it was premature to rule out racial prejudice.

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Killings of Roma in Hungary sparks row over racism (AlertNet)

on Nov 19, 2008 via YahooNews

Source: Reuters BUDAPEST, Nov 19 (Reuters) - The killings of two Roma people in a grenade attack in southern Hungary sparked a dispute on Wednesday between police and the minority ombudsman, who said it was premature ...

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More Roma killings prompt call for Hungarian police to act - Summary (EARTHtimes.org)

on Nov 19, 2008 via YahooNews

Budapest - A Roma couple were killed when a grenade was thrown through the front window of their house in southern Hungary, authorities said Wednesday. The latest of a series of such attacks prompted an immediate outcry within the Roma community, and...

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Grenade attack kills two in Hungary (EARTHtimes.org)

on Nov 19, 2008 via YahooNews

Budapest - A Roma couple were killed in their sleep when a hand grenade was thrown through the window of their house in southern Hungary, authorities said Wednesday. A 37-year-old man and his 31-year-old wife died in the blast late Tuesday in the tow...

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beneath budapest (Arizona Daily Star)

on Nov 19, 2008 via YahooNews

Scientists explore a newly opened cave under Budapest, Hungary. Earlier this month, divers removed dangerous gases from the giant cave and they are now able to explore the underground area, which is approximately 260 feet deep, with 80-degree water.

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(AFX UK Focus) 2008-11-18 14:51 UPDATE 1-Hungary sees higher budget deficit in November (Interactive Investor)

on Nov 19, 2008 via YahooNews

BUDAPEST, Nov 18 (Reuters) - Hungary said on Tuesday it expects a budget deficit of 244.5 billion forints ($1.15 billion) in November, up from a gap of 11.6 billion forints in October but the full-year deficit target has stayed unchanged. Finance Ministry State Secretary Laszlo Keller said the ministry still expects to meet its full-year deficit target of 3.4 percent of gross domestic product ...

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Big underground thermal lake unveiled in Hungary (Reuters via Yahoo!7 News)

on Nov 18, 2008 via YahooNews

BUDAPEST (Reuters) - An underground thermal lake Hungarian officials say is one of the biggest in the world was unveiled Tuesday after its discovery below a Turkish bath in the capital Budapest.

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Big underground thermal lake unveiled in Hungary (Reuters via Yahoo!Xtra News)

on Nov 18, 2008 via YahooNews

BUDAPEST (Reuters) - An underground thermal lake Hungarian officials say is one of the biggest in the world was unveiled Tuesday after its discovery below a Turkish bath in the capital Budapest.

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(AFX UK Focus) 2008-11-18 07:49 Hungary's liberals propose more spending cuts (Interactive Investor)

on Nov 18, 2008 via YahooNews

BUDAPEST, Nov 18 (Reuters) - Hungary's opposition Free Democrats said on Tuesday they will submit changes to the 2009 draft budget in order to cut spending by a further 75 billion forints ($353.8 million). The liberal Free Democrats (SZDSZ), whose support the ruling Socialists need to pass the budget in parliament in December, said in a statement that the aim of the additional measures was to ...

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National Bank of Hungary official interest rates - 18/11/2008 (Interfax)

on Nov 18, 2008 via YahooNews

BUDAPEST. NOVEMBER 18. INTERFAX CENTRAL EUROPE - Following is a table of official money market rates as set by the National Bank of Hungary (MNB). The central bank's Monetary Policy Council raised official interest rates by 300 basis points at an extraordinary meeting on October 22.

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(AFX UK Focus) 2008-11-18 07:49 Hungary's liberals propose more spending cuts (Interactive Investor)

on Nov 18, 2008 via YahooNews

BUDAPEST, Nov 18 (Reuters) - Hungary's opposition Free Democrats said on Tuesday they will submit changes to the 2009 draft budget in order to cut spending by a further 75 billion forints ($353.8 million). The liberal Free Democrats (SZDSZ), whose support the ruling Socialists need to pass the budget in parliament in December, said in a statement that the aim of the additional measures was to ...

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(AFX UK Focus) 2008-11-17 23:27 Hungary's MOL says made HUF 4.9 bln Q3 net loss (Interactive Investor)

on Nov 18, 2008 via YahooNews

BUDAPEST, Nov 18 (Reuters) - Hungarian oil and gas group MOL made a net loss of 4.9 billion forints ($23.11 million) in the third quarter, after earning a net profit of 73.4 billion forints a year earlier, MOL said on Tuesday. The third-quarter figure comes well below analysts' expectation for a quarterly net profit of 11.2 billion forints in a recent Reuters poll. Operating profit dropped by 62 ...

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(AFX UK Focus) 2008-11-17 19:57 IMF says Hungary to recover slowly from recession (Interactive Investor)

on Nov 18, 2008 via YahooNews

BUDAPEST, Nov 17 (Reuters) - The International Monetary Fund expects Hungary's economy to recover only slowly from a recession next year but it sees the country's current account deficit dropping sharply, an IMF staff report showed on Monday. The IMF expects the economy to contract by 1 percent next year and grow by only 0.6 percent in 2010, the text of the report, linked to Hungary's request ...

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Hungarian Parliament Approves Budget Spending Caps to Curb Debt (Bloomberg)

on Nov 18, 2008 via YahooNews

Nov. 17 (Bloomberg) -- Hungarian lawmakers approved a law limiting spending to curb state debt after the government took out a 20 billion-euro ($25.3 billion) loan from an International Monetary Fund -led group to avert a default.

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(AFX UK Focus) 2008-11-17 19:57 IMF says Hungary to recover slowly from recession (Interactive Investor)

on Nov 17, 2008 via YahooNews

BUDAPEST, Nov 17 (Reuters) - The International Monetary Fund expects Hungary's economy to recover only slowly from a recession next year but it sees the country's current account deficit dropping sharply, an IMF staff report showed on Monday. The IMF expects the economy to contract by 1 percent next year and grow by only 0.6 percent in 2010, the text of the report, linked to Hungary's request ...

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Hungary OKs law setting limits to state spending (San Francisco Chronicle)

on Nov 17, 2008 via YahooNews

Hungarian lawmakers approved a law Monday setting spending limits on the state budget. The so-called "ceiling law" says Hungary's state budget expenditures in 2009 cannot exceed 2008 levels and can increase in 2010 and 2011 only by half the level of the...

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Hungary OKs law setting limits to state spending (Bay News 9 Tampa Bay)

on Nov 17, 2008 via YahooNews

By The Associated Press BUDAPEST, Hungary (AP) -- Hungarian lawmakers approved a law Monday setting spending limits on the state budget.

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Sources : YahooNews HVG

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