Hungary in the news - via YahooNews

Hungary Plans to Cut Debt Sales as Budget Gap Shrinks (Update1) (Bloomberg)

on Dec 18, 2009 via YahooNews

Dec. 17 (Bloomberg) -- Hungary plans to cut borrowing by 17 percent in 2010 as the budget deficit is forecast to narrow and the government has to repay falls, the state debt management agency AKK said today.

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Hungary gov't dips into 2010 budget reserves (Budapest Business Journal)

on Dec 18, 2009 via YahooNews

The Hungarian government has already made commitments to spend some of next year's budget reserves, business daily Napi Gazdas?g reported in its Friday issue.

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Hungarian airline pilots threaten Christmas strike over pay (EARTHtimes.org)

on Dec 17, 2009 via YahooNews

Budapest- Pilots at Hungary's national carrier Malev have threatened to strike beginning December 24 if their demands for a 24.3-per-cent pay hike are not met, the airline told state news agency MTI on Wednesday. Malev slammed the demand by pilots' u...

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Hungary protests Slovak law, says breaches EU norms (The Star)

on Dec 17, 2009 via YahooNews

BUDAPEST (Reuters) - Hungary's prime minister said on Wednesday that Slovak legislation punishing the use of minority languages is unacceptable and goes against the basic values of the European Union and the Lisbon Treaty.

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Archaeologists find grave in Hungary from last period of Roman rule (New Kerala)

on Dec 16, 2009 via YahooNews

Budapest, December 16 : A team of archaeologists has unearthed a burial place from the 4th century, which was the last period of Roman rule, in the former Pannonia province in northwest Budapest, Hungary.

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Hungarian October Gross Wages Decline; Rate Cut Looms (Update1) (Bloomberg)

on Dec 16, 2009 via YahooNews

Dec. 16 (Bloomberg) -- Hungarian gross wages declined in October for the first time since January as the country?s worst recession in 18 years cuts salaries and opens room for the central bank to lower interest rate further.

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MFB says Hungary's GDP contraction likely to subside to 0.5%-1.5% in 2010 (Budapest Business Journal)

on Dec 16, 2009 via YahooNews

State-owned Hungarian Development Bank (MFB) believes that Hungary's GDP contraction will likely decrease to the 0.5%-1.5% range in 2010 from an expected 6.5%-7% in 2009, the MFB informed MTI on Tuesday evening.

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Sanyo's Hungarian unit to hire 440 workers in 2010 (Budapest Business Journal)

on Dec 16, 2009 via YahooNews

Sanyo Hungary Kft, the Hungarian unit of Japanese electronics giant Sanyo, is planning to hire 440 new employees at the company's plant in Dorog (N Hungary) next year, the Kom?rom-Esztergom county daily newspaper 24 ?ra reported.

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Nationalist guard has no legal recourse in Hungary (JTA)

on Dec 16, 2009 via YahooNews

BUDAPEST (JTA) -- Hungary's Supreme Court upheld an order disbanding of the Hungarian Guard, the private army of the extreme nationalist Jobbik Party.

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Hungary could come out of crisis more competitive than neighbors, says Oszk? (Budapest Business Journal)

on Dec 15, 2009 via YahooNews

Hungary could come out of the crisis more economically competitive than its neighbors in the region, Finance Minister P?ter Oszk? told MTI.

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Fatter Days for Bulgarian, Hungarian Foie Gras Makers (Novinite.com)

on Dec 15, 2009 via YahooNews

Foie gras makers in Bulgaria and Hungary say they have been able to cushion themselves from the worst of the global economic crisis thanks to low wages and competitive feed prices.

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Hungarian financial system stable, capital position solid, says PSz?F chief (Budapest Business Journal)

on Dec 15, 2009 via YahooNews

Hungary's financial mediation system maintained its stability, its capital position was solid and growth of lending stock slowed or stopped; at the same time the number of loss-making financial institutions rose, according to a fresh report on the sector's operation and risks by financial market regulator PSz?F.

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Hungary?s Economy May Emerge From Recession This Year, GKI Says (Bloomberg)

on Dec 15, 2009 via YahooNews

Dec. 15 (Bloomberg) -- Hungary may exit its worst recession in 18 years in the fourth quarter and the economy may stagnate in 2010 before returning to growth in 2011, research group GKI said.

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(AFX UK Focus) 2009-12-14 17:56 INDICATORS - Hungary - Dec 14 (Interactive Investor)

on Dec 15, 2009 via YahooNews

BUDAPEST, Dec 14 (Reuters) - Hungary's latest indicators:

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Hungarian Bank Profit to Fall in 2010, Regulator Says (Update1) (Bloomberg)

on Dec 15, 2009 via YahooNews

Dec. 15 (Bloomberg) -- Hungarian financial institutions are to see profitability decline until the end of 2010 as the country?s worst recession in 18 years keeps credit quality under pressure, financial regulator Pszaf said in a statement.

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In Budapest, an entire neighborhood celebrates Chanukah (JTA)

on Dec 15, 2009 via YahooNews

BUDAPEST, Hungary (JTA) -- Just call Budapest Chanukah Party Central.

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Hungarian Forint Tumbles To 6-week Low Against US Dollar (INO News)

on Dec 15, 2009 via YahooNews

(RTTNews) - The Hungarian forint staged a sharp fall against the US dollar in early European session on Tuesday following the Central Statistical Office report showed that Hungary's industrial production decreased a working day adjusted 10.8% year-on-year in October.

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Hungary's Supreme Court upholds ban on paramilitary group (EARTHtimes.org)

on Dec 15, 2009 via YahooNews

Budapest - The Hungarian Supreme Court upheld on Tuesday a ban against the Hungarian Guard, a controversial paramilitary group linked to the nationalist party Jobbik, the state news agency MTI reported. Through its activities, the group has overstep...

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(AFX UK Focus) 2009-12-11 19:07 INDICATORS - Hungary - Updated on Dec 11 (Interactive Investor)

on Dec 14, 2009 via YahooNews

BUDAPEST, Dec 11 (Reuters) - Hungary's latest indicators:

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Fat days for Bulgarian, Hungarian foie gras makers (Taipei Times)

on Dec 14, 2009 via YahooNews

Foie gras makers in Bulgaria and Hungary say they have been able to cushion themselves from the worst of the global economic crisis thanks to low wages and competitive feed prices.

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Sources : YahooNews

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