News tagged "budapest"
Occupy Budapest: Protests challenge power grab by the "Viktator" in Hungaryon Jan 10, 2012 via YahooNews Budapest ? Protestors rise up against Viktor Orban's power grab, despite a history of strong-armed police crackdowns. read moreSee details
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Hungary reaches crunch time with the IMFon Jan 10, 2012 via YahooNews BUDAPEST (Reuters) - Hungary reaches crunch time with the IMF this week as it tries to win a funding deal to prevent a market meltdown after a series of policy mistakes sapped investor confidence and the ...See details
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Hungary's hard-pressed workforce struggles with unaffordable mortgageson Jan 10, 2012 via YahooNews Budapest's maverick economic policies are undermining its currency, the forint ? piling pressure on the thousands of Hungarians who are trying to pay off home loans denominated in Swiss francs or euros The Hungarian government says it is bending over backwards to secure a vital loan of up to ?17bn from the International Monetary Fund (IMF) and the EU, but Hungary remains in the international ...See details
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Hungary open to discuss any issues with IMF: PMon Jan 09, 2012 via YahooNews Hungary is willing to discuss any issues at talks with the International Monetary Fund from which it wants to secure a funding deal, Hungarian Prime Minister Viktor Orban said on Sunday. Budapest faces ...See details
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FEATURE: IMF to impose strictures on Hungary as it faces bankruptcy By Gregor Mayer, dpa Eds: epa photoson Jan 09, 2012 via YahooNews Budapest (dpa) - Hungarian Prime Minister Viktor Orban likes to imagine himself a high stakes player at the poker table with the world?s most powerful. In fact, he is dancing dangerously close to the edge.If the International Monetary Fund does not soon approve additional funding, the central European country faces insolvency, as international investors have lost all confidence in an economic ...See details
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Hungary reaches crunch time with the IMFon Jan 09, 2012 via YahooNews BUDAPEST (Reuters) - Hungary reaches crunch time with the IMF this week as it tries to win a funding deal to prevent a market meltdown after a series of policy mistakes sapped investor confidence and the government's domestic support. Conservative Prime Minister Viktor Orban fell out with international lenders after they rejected several of his policies but plunging financial markets and ...See details
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Hungary downgraded to ?junk? as PM says wants dealon Jan 09, 2012 via YahooNews BUDAPEST, Jan 7 ? A rating downgrade yesterday left Hungary?s debt rated ?junk? across the board, underscoring investors? doubts about the government?s willingness to change its controversial policies in return for aid to stave off a financial crisis. Fitch Ratings said it was downgrading Hungarian sovereign debt by one notch to BB+ with a ...See details
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Hungary open to discuss any issues with IMF - PMon Jan 09, 2012 via YahooNews BUDAPEST (Reuters) - Hungary is willing to discuss any issues at talks with the International Monetary Fund from which it wants to secure a funding deal, Hungarian Prime Minister Viktor Orban said on Sunday. ...See details
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Reuterson Jan 08, 2012 via YahooNews BUDAPEST (Reuters) - Hungary is willing to discuss any issues at talks with the International Monetary Fund from which it wants to secure a funding deal, Hungarian Prime Minister Viktor Orban said on Sunday.See details
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IMF head says Hungary central bank bill is key issue - CNNon Jan 08, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's legislation on its central bank will be a key issue at the country's talks next week with the International Monetary Fund, the Fund's Managing Director Christine Lagarde said. A new bill affecting the Hungarian central bank has been criticised by the European Union and the European Central Bank for possibly hurting the bank's independence. The bill adds two members ...See details
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IMF head says Hungary cental bank bill is key issue: CNNon Jan 08, 2012 via YahooNews BUDAPEST (Reuters) - Hungary's legislation on its central bank will be a key issue at the country's talks next week with the International Monetary Fund, the Fund's Managing Director Christine Lagarde said. A new bill affecting the Hungarian central bank has been criticized by the European Union and the European Central Bank for possibly hurting the bank's independence. The bill adds two members ...See details
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Hungary open to discuss any issues with IMF: PMon Jan 08, 2012 via YahooNews BUDAPEST (Reuters) - Hungary is willing to discuss any issues at talks with the International Monetary Fund from which it wants to secure a funding deal, Hungarian Prime Minister Viktor Orban said on Sunday. Budapest faces tough negotiations with officials from the International Monetary Fund and European Union, who have made it clear Orban needs to change his stance on a new law they say curbs ...See details
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Controversial new bank law is negotiable, says Hungaryon Jan 08, 2012 via YahooNews Budapest/Paris (dpa) - Hungary is prepared to discuss with the European Union its controversial new central bank law, Foreign Minister Janos Martonyi said in an interview published Saturday.Hungary has requested financial aid from the EU and International Monetary Fund assistance, but a series of recent legislative changes, including one that could affect the independence of the central bank ...See details
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Hungary downgraded to "junk" as PM says wants dealon Jan 07, 2012 via YahooNews BUDAPEST (Reuters) - A rating downgrade on Friday left Hungary's debt rated "junk" across the board, underscoring investors' doubts about the government's willingness to change its controversial policies in return for aid to stave off a financial crisis. Fitch Ratings said it was downgrading Hungarian sovereign debt by one notch to BB+ with a negative outlook, putting the country's bonds in the ...See details
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Editors - Censorship Protests Attract Thousands In Hungaryon Jan 07, 2012 via YahooNews Reports from Hungary suggest that censorship has returned to that country with a vengeance not seen since the overthrow of communism In recent days thousands of anti-government protesters have taken to the streets in Budapest demanding an end to what they re...See details
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Hungary bonds 'junk' with all three rating agencieson Jan 07, 2012 via YahooNews (BUDAPEST ) - Fitch ratings agency piled further pressure on Hungary's embattled Prime Minister Viktor Orban Friday as it joined Moody's and Standard & Poor's in downgrading the EU member's debt to "junk" status.See details
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Hungary downgraded to "junk" as PM says wants dealon Jan 06, 2012 via YahooNews BUDAPEST (Reuters) - A rating downgrade on Friday left Hungary's debt rated "junk" across the board, underscoring investors' doubts about the government's willingness to change its controversial policies in return for aid to stave off a financial crisis. Fitch Ratings said it was downgrading Hungarian sovereign debt by one notch to BB+ with a negative outlook, putting the country's bonds in the ...See details
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Defiant Orban leaves Hungary central bank law intacton Jan 06, 2012 via YahooNews (BUDAPEST ) - Hungarian Prime Minister Viktor Orban said Friday Hungary would not change its contested central bank law, despite European and IMF pressure and the forint hitting record lows this week.See details
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Hungary pushes for aid, EU stands by delay amid reform showdownon Jan 06, 2012 via YahooNews Budapest/Brussels (dpa) - Cash-strapped Hungary vowed Thursday to continue pushing for outside financial help, even as European officials ruled out any talks on fresh aid until the independence of Hungary?s central bank is ensured."Financial stability is not just about asking money from the European Union or the International Monetary Fund (IMF)," European Commission spokesman Olivier Bailly ...See details
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Stricken Hungary wants quick IMF dealon Jan 05, 2012 via YahooNews BUDAPEST : The Hungarian minister handling stalled bailout talks with the IMF said Thursday he wanted a deal "as soon as possible", as Hungary 's currency touched a new record low and borrowing costs soared.See details
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Sources : YahooNews
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