News tagged "budapest"

Hungary hog stock stops shrinking (Budapest Business Journal)

on Mar 04, 2010 via YahooNews

The number of hogs in Hungary rose slightly in 2009 after falling since the summer of 2008, Hungarian Meat Industry Association head Tam?s ?der said at a conference organized by webriport.hu in Budapest on Wednesday.

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(AFX UK Focus) 2010-03-02 15:19 Hungary cbanker: room for one more 25-bp cut -BBg (Interactive Investor)

on Mar 03, 2010 via YahooNews

BUDAPEST, March 2 (Reuters) - The National Bank of Hungary has room for one more 25 basis-point rate cut from the current record low of 5.75 percent, rate-setter Csaba Csaki told Bloomberg News on Tuesday. "In my view, there is definitely room for one more quarter- point rate cut with the current conditions," Csaki said in an interview. "Whether this cut will take place in March, April or May, I ...

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(AFX UK Focus) 2010-03-02 09:00 UPDATE 1-Hungary gets purchase option for E.ON gas unit (Interactive Investor)

on Mar 03, 2010 via YahooNews

BUDAPEST, March 2 (Reuters) - Hungary's government has gained a purchase option for German E.ON's natural gas wholesale unit, it said on Tuesday, stepping up efforts to strengthen the east European country's energy security. The purchase preference agreement for E.ON Foldgaz Trade Zrt, Hungary's biggest gas trader which indirectly supplies every household in the country, will allow the ...

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(AFX UK Focus) 2010-03-02 17:31 INDICATORS - Hungary - Updated on March 2 (Interactive Investor)

on Mar 03, 2010 via YahooNews

BUDAPEST, March 2 (Reuters) - Hungary's latest indicators:

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(AFX UK Focus) 2010-03-02 07:40 Hungary gets purchase option for E.ON gas unit (Interactive Investor)

on Mar 02, 2010 via YahooNews

BUDAPEST, March 2 (Reuters) - Hungary's government has agreed with Germany's E.ON on a purchase option for the company's gas wholesale unit should it come up for sale, the prime minister's office said in a statement on Tuesday. "Should E.ON at some point decide to sell its stakes in the gas business, the purchase preference will allow the incumbent government to block the strategically important ...

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(AFX UK Focus) 2010-03-01 17:40 INDICATORS - Hungary - Updated on March 1 (Interactive Investor)

on Mar 02, 2010 via YahooNews

BUDAPEST, March 1 (Reuters) - Hungary's latest indicators:

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(AFX UK Focus) 2010-03-01 20:50 Hungary lending limits to be temporary -top banker (Interactive Investor)

on Mar 02, 2010 via YahooNews

BUDAPEST, March 1 (Reuters) - Restrictions on mortgage lending that took effect on Monday hinder Hungary's recovery from its deep recession and are likely to be eased by the next government after April elections, the country's top banker said. The new rules decided by the current Socialist government late last year set a 75 percent loan-to-value limit in forint mortgage lending and 60 percent in ...

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(AFX UK Focus) 2010-02-28 22:06 Hungary's opposition in talks with IMF - official (Interactive Investor)

on Mar 01, 2010 via YahooNews

BUDAPEST, Feb 28 (Reuters) - Hungary's opposition has met with international lenders to discuss the country's financial bailout deal, which they will likely renegotiate if they win elections due in April, a senior policymaker said on Sunday. Mihaly Varga, whose Fidesz party is widely projected to score a landslide victory over the ruling Socialists, said that they had met with International ...

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Hungary, Russia reach deal on airline Malev -source (Reuters via Yahoo! Malaysia News)

on Feb 28, 2010 via YahooNews

BUDAPEST, Feb 26 (Reuters) - The Hungarian government has reached an agreement with the Hungarian and Russian shareholders of indebted airline Malev [MALV.UL ] about a bailout for the company, a Hungarian government source said on Friday.

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Hungarian government acquires majority stake in ailing Malev (Malaysian Mirror)

on Feb 28, 2010 via YahooNews

BUDAPEST -The Hungarian government has acquired a 95-percent share in debt-ridden airline Malev, effectively renationalising the company two years after it was privatised, the finance ministry said Saturday.

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Hungarian govt acquires majority stake in ailing Malev (Malaysian Mirror)

on Feb 28, 2010 via YahooNews

BUDAPEST -The Hungarian government has acquired a 95-percent share in debt-ridden airline Malev, effectively renationalising the company two years after it was privatised, the finance ministry said Saturday. Read more...

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(AFX UK Focus) 2010-02-27 01:15 UPDATE 1-Hungary's govt to renationalise airline Malev (Interactive Investor)

on Feb 28, 2010 via YahooNews

BUDAPEST, Feb 27 (Reuters) - Hungary will almost fully renationalise air carrier Malev under a deal signed by the government and Malev's Hungarian and Russian shareholders in a bid to save the airline, the government said on Saturday. Under the agreement, reached after lengthy negotiations, the Hungarian government will raise Malev's capital by 25.2 billion Hungarian forints ($127.8 million) by ...

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Hungary takes responsibility for drafting Danube Strategy, says PM Bajnai (Budapest Business Journal)

on Feb 26, 2010 via YahooNews

Hungary assumes a specific responsibility for drafting the EU's Danube Strategy as the document will be up for approval during its EU presidency in the first half of 2011, Prime Minister Gordon Bajnai said in Budapest.

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(AFX UK Focus) 2010-02-24 19:01 INDICATORS - Hungary - Updated on Feb 24 (Interactive Investor)

on Feb 26, 2010 via YahooNews

BUDAPEST, Feb 24 (Reuters) - Hungary's latest indicators:

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Outgoing Hungarian PM warns of rise of far right (Deepika)

on Feb 26, 2010 via YahooNews

BUDAPEST, Feb 22 (Reuters) Outgoing Prime Minister Gordon Bajnai said today Hungary's main parties must join forces to prevent the far right entering parliament in April elections, calling it a ''monster'' that threatens democracy. Hungary will hold elections on April 11 and 25.

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Eight EU member states to work out development strategy of Danube river region (People's Daily)

on Feb 26, 2010 via YahooNews

Hungarian Minister for Foreign Affairs Peter Balazs announced on Thursday at the Danube Summit intergovernmental meeting in Budapest that eight EU member states have agreed to prepare an EU Strategy for the Danube river region by the end of 2010. The joint declaration states that the eight countries, Austria, Bulgaria, the Czech Republic, Germany, Hungary, Romania, Slovakia, and Slovenia, have ...

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(AFX UK Focus) 2010-02-24 09:32 TABLE-Hungary cbank publishes new economic forecasts (Interactive Investor)

on Feb 24, 2010 via YahooNews

BUDAPEST, Feb 24 (Reuters) - Hungary's central bank (NBH) published its quarterly inflation report with detailed economic forecasts on Wednesday.

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(AFX UK Focus) 2010-02-24 11:22 UPDATE 1-Hungary cbank sees wider budget gap unless new steps (Interactive Investor)

on Feb 24, 2010 via YahooNews

BUDAPEST, Feb 24 (Reuters) - Hungary's government needs to take further measures to cut its budget deficit to levels agreed with international lenders both this year and next, the central bank said in its quarterly inflation report on Wednesday. The bank (NBH) projected a deficit of 4.2 percent of GDP for 2010, above the 3.8 percent target, and said that freezing all reserves, on top of an ...

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Hungarian PM initiates gas supply triangle for region (Budapest Business Journal)

on Feb 24, 2010 via YahooNews

Hungarian Prime Minister Gordon Bajnai initiated the establishment of a gas supply triangle that would increase energy security in the region at a Visegr?d Four summit in Budapest.

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European leaders discuss energy cooperation at Hungarian summit (EARTHtimes.org)

on Feb 24, 2010 via YahooNews

Budapest - The prime ministers of the Visegrad Four countries Hungary, Poland, Slovakia and the Czech Republic discussed regional energy security at a summit in Budapest on Wednesday amid concerns of over dependency on Russian gas. Hungarian Prime Mi...

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Sources : YahooNews