Hungary in the news - via YahooNews

Hungarian Snow Drifting: Screaming Sideways Into the Freeze [Snow Drifting] (Jalopnik)

on Feb 17, 2010 via YahooNews

A world apart from bestickered American rally professionals with comic-book names, we join the the snow drifters of Hungary, who like it cold, fast, and loud. The policeman looks at me suspiciously,...

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Hungarian Railways sued over WW2 role (UPI)

on Feb 17, 2010 via YahooNews

CHICAGO, Feb. 16 (UPI) -- A Northwestern University law professor has sued the Hungarian State Railways on behalf of Jews deported to camps during World War II.

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Forint May Gain 6% on Hungary?s Fiscal Discipline, Nordea Says (Bloomberg)

on Feb 17, 2010 via YahooNews

Feb. 16 (Bloomberg) -- The forint is poised to strengthen more than 6 percent against the euro over the next three months as Hungary meets international bailout obligations and the economy improves, Nordea Bank AB said.

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Court OKs neo-Nazi march in Hungary (JTA)

on Feb 17, 2010 via YahooNews

BUDAPEST (JTA) -- A Hungarian court ruled that an international neo-Nazi march can take place in Budapest.

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(AFX UK Focus) 2010-02-16 19:08 Hungary FHB bank's Q4 profit down 2 pct (Interactive Investor)

on Feb 17, 2010 via YahooNews

BUDAPEST, Feb 16 (Reuters) - Hungarian mortgage bank FHB recorded only a small fall in fourth-quarter profit as a jump in net interest income offset a fivefold rise in lending losses. It managed a 1.596 billion forint ($7.98 million) after-tax profit in the quarter, down only 2 percent on a year ealier, despite a deep recession. Net interest income rose 80 percent to 7.559 billion forints, while ...

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Court OKs neo-Nazi march in Hungary (The Jewish Journal of Greater Los Angeles)

on Feb 17, 2010 via YahooNews

A Hungarian court ruled that an international neo-Nazi march can take place in Budapest. Monday?s ruling overturns a decision by police prohibiting the demonstration, which commemorates the defeat of German rule in Eastern Europe during World War II, for reasons of maintaining public order.

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BRIEF-Soccer-Bad weather delays Hungarian league resumption (Reuters via Yahoo! Sports)

on Feb 16, 2010 via YahooNews

The resumption of the Hungarian first division after a winter break has been put back by a week until Feb. 27.

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Hungarian Holocaust survivors sue nation's railway (Chicago Tribune)

on Feb 16, 2010 via YahooNews

On her 17th birthday in 1944, Magda Brown and her parents were taken by train with hundreds of other Hungarian Jews to Auschwitz. Once at the concentration camp, she was separated from her parents and placed with other young and able-bodied prisoners apparently judged fit for forced labor by the Nazis. "When we asked where our parents were, those who'd got there before us would point to smoke ...

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(AFX UK Focus) 2010-02-15 17:30 INDICATORS - Hungary - Updated on Feb 15 (Interactive Investor)

on Feb 16, 2010 via YahooNews

BUDAPEST, Feb 15 (Reuters) - Hungary's latest indicators:

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(AFX UK Focus) 2010-02-15 08:19 Hungary's final Dec ind output up 1 pct y/y (Interactive Investor)

on Feb 15, 2010 via YahooNews

BUDAPEST, Feb 15 (Reuters) - Hungary's industrial output rose by an annual 1 percent in December, unchanged from a preliminary estimate, final data from the Central Statistics Office (KSH) showed on Monday. Working day-adjusted output however fell 1.4 percent year-on-year, also in line with a first estimate. Seasonally and working day-adjusted output fell 5.8 percent in December after a decline ...

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(AFX UK Focus) 2010-02-15 09:39 Hungary's 2010 deficit target achievable -finmin (Interactive Investor)

on Feb 15, 2010 via YahooNews

BUDAPEST, Feb 15 (Reuters) - Hungary's 2010 deficit target of 3.8 percent of gross domestic product remains achievable but risks must be continuously monitored, Finance Minister Peter Oszko told a news conference on Monday. He said lower debt servicing costs and extra revenues from taxpayers reverting back to the state pension system would make up for lower-than-expected tax revenues. He also ...

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Hungary sees economy improving, budget gap in line (AP via Yahoo! Finance)

on Feb 15, 2010 via YahooNews

Rising exports will help Hungary's economy contract less than expected in 2010, Finance Minister Peter Oszko said Monday.

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Hungarian groups protest rise of neo-Nazism (JTA)

on Feb 15, 2010 via YahooNews

BUDAPEST (JTA) -- Pro-democracy and anti-fascist organizations in Hungary held a joint demonstration to protest the rise of neo-Nazi agitation in Eastern Europe.

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(AFX UK Focus) 2010-02-15 10:19 Hungary needs cautious use of budget reserves -IMF (Interactive Investor)

on Feb 15, 2010 via YahooNews

BUDAPEST, Feb 15 (Reuters) - Hungary's 2010 deficit target is achievable but reserves must be used cautiously and the government must be ready to take further action if needed, the International Monetary Fund said in a statement on Monday. It said further measures would be needed to cut Hungary's budget deficit below 3 percent of gross domestic product next year from a targeted 3.8 percent in ...

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(AFX UK Focus) 2010-02-15 11:43 UPDATE 1-Hungary must be ready to tackle budget risks-IMF/EU (Interactive Investor)

on Feb 15, 2010 via YahooNews

BUDAPEST, Feb 15 (Reuters) - Hungary's 2010 deficit goal of 3.8 percent of GDP is achievable but there are risks and the government must be ready to take action if needed to prevent an overshoot, the International Monetary Fund said on Monday. The IMF, which together with the EU completed a review of Hungary's performance against criteria in its 2008 financial bailout, said further measures ...

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Film series highlights Hungarian identity, past and present (Columbia Daily Spectator)

on Feb 15, 2010 via YahooNews

The Film Society of Lincoln Center's ?New Films from Hungary? features 13 varied Hungarian films in seven days.

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Hungarian, 22, planned to kill 22 at random? (ABS-CBNNEWS.com)

on Feb 15, 2010 via YahooNews

BUDAPEST - A 22-year-old Hungarian student who told police he planned to kill 22 people at random because he'd had "22 bad years" has been detained, news agency MTI said Friday.

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Hungary will not need further IMF aid: finance minister (Eu Business)

on Feb 15, 2010 via YahooNews

(BUDAPEST ) - Hungary, which narrowly escaped bankruptcy 16 months ago, will forego the next instalments of aid from the International Monetary Fund and European Union, Finance Minister Peter Oszko said on Monday.

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Hungary sees economy improving, budget gap in line (INO News)

on Feb 15, 2010 via YahooNews

(AP:BUDAPEST, Hungary) Rising exports will help Hungary's economy contract less than expected in 2010, Finance Minister Peter Oszko said Monday. Oszko said the economy is expected to shrink by 0.2 percent this year, somewhat less than the earlier forecast for a 0.3 percent contraction.

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Hungary Inflation Won?t Stop Interest Rate Cuts, Analysts Say (Bloomberg)

on Feb 13, 2010 via YahooNews

Feb. 12 (Bloomberg) -- Hungary?s interest rates will probably fall further as inflation is set to slow again after a higher-than-expected rate in January, said analysts at Erste Bank, Concorde Securities, Raiffeisen and Bayerische Landesbank.

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Sources : YahooNews

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