Hungary in the news - via YahooNews

Hungary gets boost from 2-billion-dollar bond sale (EARTHtimes.org)

on Jan 28, 2010 via YahooNews

Budapest - Hungary has successfully raised 2 billion dollars on the international markets in only its second foreign currency bond issue since the financial crisis and its first US dollar bond issue in five years. This latest sale - coming after a su...

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Hungary?s New Dollar Bonds Gain on $7 Billion Orders (Update2) (Bloomberg)

on Jan 28, 2010 via YahooNews

Jan. 27 (Bloomberg) -- Hungary?s first new dollar bonds in five years rose during trading after investors placed orders for more than three times the $2 billion of securities issued.

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Selection of French Masterpieces from the Pushkin Museum on View in Budapest (Art Daily)

on Jan 28, 2010 via YahooNews

Pablo Picasso's The Two Saltimbanques (1901) is seen in the new exhibition "Degas to Picasso - French masterpieces from the Pushkin Museum in Moscow" in the Museum of Fine Arts in Budapest, Hungary, Wednesday, Jan. 27, 2010. The exhibition, which will be open for the public from Thursday, displays a very unique selection from the wealthy collection of the Pushkin Museum showing fifty-five ...

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(AFX UK Focus) 2010-01-27 16:10 INDICATORS - Hungary - Jan 27 (Interactive Investor)

on Jan 28, 2010 via YahooNews

BUDAPEST, Jan 27 (Reuters) - Hungary's latest indicators:

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Israeli foreign minister calls on Hungary to ban hate speech (EARTHtimes.org)

on Jan 28, 2010 via YahooNews

Budapest - Israel's foreign minister Avigdor Lieberman called on Hungary to bring in laws banning hate speech during a visit to mark Holocaust Remembrance Day. We must stop the spread of anti-Semitism in this way because extremist movements are ev...

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(AFX UK Focus) 2010-01-28 16:47 UPDATE 1-Hungary to contract less, lag peers in 2010 (Interactive Investor)

on Jan 28, 2010 via YahooNews

BUDAPEST, Jan 28 (Reuters) - Hungary's economy will shrink less than previously believed in 2010 due to stronger exports, the finance ministry said on Thursday, but even so the country will lag its central European peers on the path to recovery. Hungary's economy likely contracted by 6.7 percent last year, the worst downturn in almost two decades, as a collapse in demand in western Europe ...

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Visa Europe To Turn To Hungary's Constitutional Court On Fees (Nasdaq)

on Jan 28, 2010 via YahooNews

BUDAPEST -(Dow Jones)- Bank card firm Visa Europe plans to appeal to Hungary's Constitutional Court against a bill passed in December by the Hungarian parliament that limits bank card transaction commissions, Visa Europe's Managing Director of Growth and Emerging Markets Mark Antipof said Wednesday.

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Hungary to Sell $2 Billion Bond at Yield Above Turkey (Update2) (Bloomberg)

on Jan 27, 2010 via YahooNews

Jan. 26 (Bloomberg) -- Hungary plans to offer higher yields than lower-rated Turkey to lure investors to its $2 billion bond sale, according to a person with knowledge of the transaction.

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Hungary Sells $2 Billion of 10-Year Bonds in Overseas Markets (BusinessWeek)

on Jan 27, 2010 via YahooNews

Hungary sold $2 billion of bonds in the country?s first dollar-denominated issue in five years, swelling developing nations? offerings this year to over $16 billion.

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Hungary's Constitutional Court Annuls Real-Estate Tax (Nasdaq)

on Jan 27, 2010 via YahooNews

BUDAPEST -(Dow Jones)- Hungary's new real estate tax is unconstitutional, the Constitutional Court ruled Tuesday as it annulled the tax retroactively from the date of its launch Jan. 1.

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(AFX UK Focus) 2010-01-26 15:23 UPDATE 1-Hungary court scraps real estate tax (Interactive Investor)

on Jan 27, 2010 via YahooNews

BUDAPEST, Jan 26 (Reuters) - Hungary's top court scrapped a new tax imposed on housing real estate as unconstitutional on Tuesday, which analysts said added to fiscal risks the country faced in an election year. Although the expected proceeds from the new tax were small in comparison with other tax types, it was among the measures introduced by the crisis management cabinet of Prime Minister ...

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Budget pressure as Hungary's Constitutional Court rejects new tax (EARTHtimes.org)

on Jan 27, 2010 via YahooNews

Budapest - The Hungarian courts on Monday revoked a tax on residential property that came into force this month, ruling that it was unconstitutional. The socialist-backed government claimed that the tax, to be levied on homes with a value over the eq...

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(AFX UK Focus) 2010-01-26 18:39 INDICATORS - Hungary - Jan 26 (Interactive Investor)

on Jan 27, 2010 via YahooNews

BUDAPEST, Jan 26 (Reuters) - Hungary's latest indicators:

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Hungarian November Retail Sales Fall at Fastest Pace on Record (Bloomberg)

on Jan 25, 2010 via YahooNews

Jan. 25 (Bloomberg) -- Hungarian retail sales fell at the fastest annual pace in November in at least 11 years as government measures to control the budget deficit and the worst recession in 18 years sapped consumer spending.

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Hungary Central Bank Cuts Base Rate To 6.00%, As Expected (The Forex Market)

on Jan 25, 2010 via YahooNews

BUDAPEST (Dow Jones)--Hungary lowered Monday its key rate to a historic low of 6%, as expected by financial markets and analysts, in a bid to boost its weak economy which is undergoing the deepest contraction for nearly two decades.

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Hungary Reduces Benchmark Rate to Lowest Since 2006 (Update2) (Bloomberg)

on Jan 25, 2010 via YahooNews

Jan. 25 (Bloomberg) -- Hungary?s central bank cut the benchmark interest rate to the lowest level since May 2006 as policy makers balanced concerns for currency weakening with the effects of the deepest recession in 18 years.

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(AFX UK Focus) 2010-01-25 16:46 Hungary opposition slams cbank for "mistaken" policy (Interactive Investor)

on Jan 25, 2010 via YahooNews

BUDAPEST, Jan 25 (Reuters) - Hungary's opposition Fidesz party stepped up criticism of the central bank on Monday saying the bank should have cut its key rate a year ago in one step to 6.0 percent which would have mitigated a deep recession. Centre-right Fidesz, which is widely expected to win parliamentary elections in April, sharply criticised the central bank shortly after the bank trimmed ...

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Hungary's key interest rate cut to 6 percent (INO News)

on Jan 25, 2010 via YahooNews

(AP:BUDAPEST, Hungary) The National Bank of Hungary on Monday cut its main interest rate by a quarter percentage point to 6 percent, its lowest level since September 2005.

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British men 'tricked' into Hungary jail (Guardian Unlimited)

on Jan 25, 2010 via YahooNews

Relatives are concerned for the health of pair who could be held for two years without charge Two bedraggled fir trees, still wreathed in tinsel and pathetic decorations, grace the kerb opposite the remand block of Unit 3, Budapest prison, in a dreary suburb of the Hungarian capital. Each day, relatives and friends of inmates gather there to shout messages, send elaborate hand signals and curse ...

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(AFX UK Focus) 2010-01-25 14:32 HIGHLIGHTS-Hungary's central bank on interest rates (Interactive Investor)

on Jan 25, 2010 via YahooNews

BUDAPEST, Jan 25 (Reuters) - Following are highlights of the Hungarian central bank's (NBH) statement on its rate meeting, and a news conference with Governor Andras Simor. The bank cut interest rates by 25 basis points to 6.0 percent on Monday.

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Sources : YahooNews

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