News tagged "budapest"

(AFX UK Focus) 2010-05-07 18:12 INDICATORS - Hungary - Updated on May 7

on May 08, 2010 via YahooNews

BUDAPEST, May 7 (Reuters) - Hungary's latest indicators:

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(AFX UK Focus) 2010-05-07 06:59 Hungary must continue fiscal adjustment -cbanker

on May 08, 2010 via YahooNews

BUDAPEST, May 7 (Reuters) - Hungary must continue fiscal consolidation and should aim to adopt the euro as soon as possible but it should be based on sustainable and sound economic fundamentals, central bank Governor Andras Simor said. "...It would be definitely important to make progress in eliminating the Hungarian economy's competitive disadvantages... and within this it's essential that ...

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(AFX UK Focus) 2010-05-07 07:23 UPDATE 1-Hungary must continue fiscal adjustment -c.bank head

on May 08, 2010 via YahooNews

BUDAPEST, May 7 (Reuters) - Hungary must continue to get its finances in order and should aim to adopt the euro as soon as possible, the central bank chief said, adding that its introduction should be based on sound economic fundamentals. "...It would be definitely important to make progress in eliminating the Hungarian economy's competitive disadvantages... and within this it's essential that ...

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(AFX UK Focus) 2010-05-07 08:55 Hungary's fx reserves rise to EUR 34.22 bln in April

on May 08, 2010 via YahooNews

BUDAPEST, May 7 (Reuters) - The Hungarian central bank's (NBH) international reserves rose to 34.22 billion euros in April from 33.85 billion euros in March, the bank said on its www.mnb.hu website on Friday. The NBH's international reserves have increased by 16.4 billion euros since Oct. 2008, when Hungary secured a $25.1 billion rescue package from the International ...

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Developers of new film studio dream of Hungarian Hollywood

on May 07, 2010 via YahooNews

Budapest - Raleigh Studios hopes that its new complex on the edge of the Hungarian capital will help turn the small Central European country into Europe's premier movie-making centre, the US firm's president Michael Moore told reporters on Thursday....

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(AFX UK Focus) 2010-05-07 00:14 Hungary Richter Q1 net profit falls 46 percent

on May 07, 2010 via YahooNews

BUDAPEST, May 6 (Reuters) - Hungarian drug maker Richter reported a 46.3 percent fall in quarterly net profit on Thursday, in line with market expectations, due to stronger exchange rates and lower income from profit-sharing deals. Richter's consolidated first-quarter net profit was 11.56 billion forints ($58.79 million), down from 21.53 billion a year earlier, but in line with analyst forecasts ...

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(AFX UK Focus) 2010-05-06 11:30 Hungary 2010 deficit may reach 7-8 pct/GDP - Matolcsy

on May 06, 2010 via YahooNews

BUDAPEST, May 6 (Reuters) - Hungary's incoming government says the budget deficit this year could come in at 7-8 percent of GDP, based on its current estimate, but it will seek to get it down to 5-6 percent, economy minister-designate Gyorgy Matolcsy said on Thursday. Hungary targets a deficit of 3.8 percent of GDP this year under a key financing deal with the IMF and the EU but the incoming ...

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(AFX UK Focus) 2010-05-06 08:55 New Hungarian govt plans tax cuts from July -paper

on May 06, 2010 via YahooNews

BUDAPEST, May 6 (Reuters) - Hungary's new government, which will come into office later this month, plans significant tax reductions from July 1, the daily Magyar Nemzet said on Thursday. Citing unnamed sources, the paper said no decision had been made yet on the concrete measures but three options were being considered by the centre-right Fidesz party which won elections by a landslide last ...

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(AFX UK Focus) 2010-05-06 12:09 UPDATE 1-Hungary 2010 deficit may reach 7-8 pct/GDP - Matolcsy

on May 06, 2010 via YahooNews

BUDAPEST, May 6 (Reuters) - Hungary's incoming government said that on current projections the budget deficit this year could be 7-8 percent of GDP, but it will try to cut it to 5-6 percent, economy minister-designate Gyorgy Matolcsy said on Thursday. Hungary targets a deficit of 3.8 percent of GDP this year under a key financing deal with the IMF and the EU, but the incoming centre-right Fidesz ...

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(AFX UK Focus) 2010-05-05 17:21 INDICATORS - Hungary - Updated on May 5

on May 06, 2010 via YahooNews

BUDAPEST, May 5 (Reuters) - Hungary's latest indicators:

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(AFX UK Focus) 2010-05-04 18:21 DIARY - Hungary - to May 18

on May 05, 2010 via YahooNews

BUDAPEST, May 4 (Reuters) - This diary is updated every weekday and new or modified listings are marked '*'. All times in the diary are in GMT, unless otherwise stated. Date CET GMT Indicator Period Fcast Previous 05/05 1700/1500 Budget balance April N/A HUF-259.3bln 06/05 0900/0700 Industry output Prel March N/A 8.4 10/05 0900/0700 Trade balance Prel March N/A EUR373.3mln 11/05 0900/0700 CPI ...

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(AFX UK Focus) 2010-05-04 18:15 INDICATORS - Hungary - Updated on May 4

on May 05, 2010 via YahooNews

BUDAPEST, May 4 (Reuters) - Hungary's latest indicators:

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(AFX UK Focus) 2010-05-03 18:14 DIARY - Hungary - to May 18

on May 04, 2010 via YahooNews

BUDAPEST, May 3 (Reuters) - This diary is updated every weekday and new or modified listings are marked '*'. All times in the diary are in GMT, unless otherwise stated. Date CET GMT Indicator Period Fcast Previous 04/05 0900/0700 Trade balance Final Feb N/A EUR373.6mln 05/05 1700/1500 Budget balance April N/A HUF-259.3bln 06/05 0900/0700 Industry output Prel March N/A 8.4 10/05 0900/0700 Trade ...

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(AFX UK Focus) 2010-05-03 13:23 HIGHLIGHTS-Hungary minister sketches new economic policy

on May 04, 2010 via YahooNews

BUDAPEST, May 3 (Reuters) - Hungary's next economy minister, Gyorgy Matolcsy, said on Monday his main priorities would be cutting taxes, reducing state debt and the budget deficit and boosting employment to put the economy back on the growth path. Following are some of his comments.

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(AFX UK Focus) 2010-05-03 10:53 FACTBOX-Five facts about Hungary's Gyorgy Matolcsy

on May 04, 2010 via YahooNews

BUDAPEST, May 3 (Reuters) - Hungarian Prime Minister-elect Viktor Orban, whose centre-right Fidesz party won parliamentary elections last month, named Gyorgy Matolcsy as his economy minister on Monday. Here are five facts about Matolcsy:

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(AFX UK Focus) 2010-05-03 18:12 INDICATORS - Hungary - May 3

on May 04, 2010 via YahooNews

BUDAPEST, May 3 (Reuters) - Hungary's latest indicators:

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(AFX UK Focus) 2010-05-02 17:47 UPDATE 1-Attacks on Hungary cbank can hurt economy -Simor

on May 03, 2010 via YahooNews

BUDAPEST, May 2 (Reuters) - Hungarian central bank (NBH) governor Andras Simor warned on Sunday that political attacks against the bank could hurt the economy which is still fragile, and confirmed in a statement that he would not resign. He also offered cooperation to the next government in its efforts to lead Hungary out of its worst recession for almost two decades. "My person, and through ...

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(AFX UK Focus) 2010-04-29 19:15 DIARY - Hungary - to May 18

on May 02, 2010 via YahooNews

BUDAPEST, April 29 (Reuters) - This diary is updated every weekday and new or modified listings are marked '*'. All times in the diary are in GMT, unless otherwise stated. Date CET GMT Indicator Period Fcast Previous 30/04 0900/0700 Industrial PPI March N/A -2.8 03/05 N/A PMI April N/A 54.4 04/05 0900/0700 Trade balance Final Feb N/A EUR373.6mln 05/05 1700/1500 Budget balance April N/A HUF-259 ...

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(AFX UK Focus) 2010-04-29 18:09 FACTBOX-Five facts about Hungary's Tibor Navracsics

on May 02, 2010 via YahooNews

BUDAPEST, April 29 (Reuters) - Hungarian prime minister-elect Viktor Orban named Tibor Navracsics on Thursday as his deputy and head of the Ministry of Public Administration and Justice in the new government to be formed by the centre-right Fidesz party following its election victory. Navracsics will oversee the entire public administration system highlighted by analysts as a key area in need of ...

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Hungary for hope

on May 01, 2010 via YahooNews

Can Budapest's new broom sweep economic cobwebs?

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Sources : YahooNews