News tagged "budapest"
(AFX UK Focus) 2010-02-15 11:43 UPDATE 1-Hungary must be ready to tackle budget risks-IMF/EU (Interactive Investor)on Feb 15, 2010 via YahooNews BUDAPEST, Feb 15 (Reuters) - Hungary's 2010 deficit goal of 3.8 percent of GDP is achievable but there are risks and the government must be ready to take action if needed to prevent an overshoot, the International Monetary Fund said on Monday. The IMF, which together with the EU completed a review of Hungary's performance against criteria in its 2008 financial bailout, said further measures ...See details
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Hungarian, 22, planned to kill 22 at random? (ABS-CBNNEWS.com)on Feb 15, 2010 via YahooNews BUDAPEST - A 22-year-old Hungarian student who told police he planned to kill 22 people at random because he'd had "22 bad years" has been detained, news agency MTI said Friday.See details
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Hungarian, 22, planned to kill 22 at random-police (AlertNet)on Feb 13, 2010 via YahooNews Source: Reuters BUDAPEST, Feb 12 (Reuters) - A 22-year-old Hungarian student who told police he planned to kill 22 people at random because he'd had "22 bad years" has been detained, news agency MTI said on ...See details
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Hungarian, 22, planned to kill 22 at random? (Reuters via Yahoo! Philippines News)on Feb 13, 2010 via YahooNews BUDAPEST (Reuters) - A 22-year-old Hungarian student who told police he planned to kill 22 people at random because he'd had "22 bad years" has been detained, news agency MTI said Friday.See details
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(AFX UK Focus) 2010-02-11 10:23 UPDATE 1-Hungary economy to shrink in 2010, grow in 2011-OECD (Interactive Investor)on Feb 12, 2010 via YahooNews BUDAPEST, Feb 11 (Reuters) - Hungary's economy will shrink by another 1 percent this year, more than the government's forecast, the OECD said on Thursday, saying fiscal cutbacks should be continued but at a cautious pace. The Organization for Economic Cooperation and Development's Economic Survey showed the pace of economic contraction slowing from about 6.9 percent in 2009, before rebounding to ...See details
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(AFX UK Focus) 2010-02-11 11:03 Hungary cbank says companies still not seeking loans (Interactive Investor)on Feb 12, 2010 via YahooNews BUDAPEST, Feb 11 (Reuters) - The corporate credit portfolio of Hungarian banks deteriorated in the last quarter of 2009 and companies are still not seeking investment-related loans, a quarterly survey of banks by the central bank showed on Thursday. The survey published on the bank's (NBH) www.mnb.hu homepage said a rise in demand for short-term loans stopped, while ...See details
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(AFX UK Focus) 2010-02-12 10:47 Hungary cbanker says lending recovery will be slow (Interactive Investor)on Feb 12, 2010 via YahooNews BUDAPEST, Feb 12 (Reuters) - A recovery in Hungarian bank lending will be slow and further fiscal consolidation is needed to open room for more monetary easing and economic recovery, central bank Deputy Governor Ferenc Karvalits said on Friday. "Domestic banks are likely to further cut their foreign debt in the near future which means that their lending activity can rise only in tandem with a ...See details
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(AFX UK Focus) 2010-02-10 13:35 IMF sees risk of Hungary deficit overshoot -website (Interactive Investor)on Feb 11, 2010 via YahooNews BUDAPEST, Feb 10 (Reuters) - The International Monetary Fund believes Hungary could overshoot its 2010 deficit target by about 1-1.2 percentage points of GDP unless further budget cuts are implemented, news website mno.hu reported on Wednesday. Representatives of the Fund and the European Union are currently performing a review of Hungary's progress on meeting the terms of its $25.1 billion ...See details
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(AFX UK Focus) 2010-02-10 15:26 UPDATE 1-Hungary sticks to 2010 deficit target -minister (Interactive Investor)on Feb 11, 2010 via YahooNews BUDAPEST, Feb 10 (Reuters) - Hungary still targets a budget deficit of 3.8 percent of GDP this year, the finance minister told Reuters on Wednesday, refuting a media report which said there could be a sizeable deficit overshoot. News website mno.hu reported citing unnamed sources familiar with an ongoing review by the IMF and the European Union, that Hungary's deficit could be about 1-1.2 ...See details
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Russia, Hungary fail to agree on Malev bailout (Reuters via Yahoo! Malaysia News)on Feb 11, 2010 via YahooNews BUDAPEST, Feb 10 (Reuters) - The Hungarian and Russian shareholders of Hungarian air carrier Malev failed to reach agreement at a meeting late on Tuesday on a bailout for the company, Hungary's Finance Ministry said on Wednesday.See details
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Sarkozy senior exhibits paintings in Budapest (AFP via Yahoo!Xtra News)on Feb 10, 2010 via YahooNews BUDAPEST (AFP) - Pal Sarkozy, the 82-year-old father of French President Nicolas Sarkozy, has teamed up with a German computer artist for a show of joint artworks in the capital of his native Hungary.See details
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(AFX UK Focus) 2010-02-09 17:10 INDICATORS - Hungary - Updated on Feb 9 (Interactive Investor)on Feb 10, 2010 via YahooNews BUDAPEST, Feb 9 (Reuters) - Hungary's latest indicators:See details
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Hollywood Celebrates the Opening of Europe's Greatest New Studio: Raleigh Studios Budapest (PR Newswire via Yahoo! Finance)on Feb 10, 2010 via YahooNews Raleigh Studios, the largest independent studio operator in the United States, will commemorate the grand opening of their newest state-of-the-art studio facility in Budapest by bringing the magic of Hungary to Hollywood.See details
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Hungarian doubts remain over Slovak language law (EARTHtimes.org)on Feb 10, 2010 via YahooNews Budapest - The Organization for Security and Cooperation in Europe assured Hungary on Tuesday that it was closely monitoring a controversial law on minority languages in neighbouring Slovakia. The assurance was given by the OSCE's High Commissioner o...See details
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(AFX UK Focus) 2010-02-08 13:23 Hungary cbank ends meeting, rates not discussed (Interactive Investor)on Feb 09, 2010 via YahooNews BUDAPEST, Feb 8 (Reuters) - The National Bank of Hungary's Monetary Council held a meeting on Monday and, as scheduled, it did not discuss interest rates, the bank said in a statement. The Monetary Council will hold its next monthly rate-setting meeting on Feb 22. At its last meeting in January the bank cut its main lending rate by 25 basis points to 6 percent. (Reporting by Gergely Szakacs ...See details
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(AFX UK Focus) 2010-02-08 18:16 INDICATORS - Hungary - Feb 8 (Interactive Investor)on Feb 09, 2010 via YahooNews BUDAPEST, Feb 8 (Reuters) - Hungary's latest indicators:See details
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(AFX UK Focus) 2010-02-09 00:36 Hungary's Richter Q4 net profit drops 2.7 pct (Interactive Investor)on Feb 09, 2010 via YahooNews BUDAPEST, Feb 9 (Reuters) - Hungarian drug maker Richter Gedeon reported on Tuesday a 2.7 percent drop in fourth-quarter net income, but the results beat market expectations due to higher sales and lower expenditures. The company said consolidated fourth-quarter net profit dropped to 13.61 billion forints ($68.10 million) from 13.99 billion a year earlier, beating market expectations for 11.45 ...See details
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(AFX UK Focus) 2010-02-08 14:26 UPDATE 1-Hungary cbank moves to revive forint lending (Interactive Investor)on Feb 09, 2010 via YahooNews BUDAPEST, Feb 8 (Reuters) - Hungary's central bank (NBH) on Monday launched a programme to buy up to 100 billion forints ($500 million) worth of forint-denominated mortgage notes in a bid to give a boost to lending in the recession-hit economy. "The objective of the NBH is to remove obstacles to the autonomous development of the (Hungarian) mortgage note market and through this supporting ...See details
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Romania wins men's team saber Grand Prix in Budapest (China Daily)on Feb 08, 2010 via YahooNews BUDAPEST: Romania won the men's team saber Grand Prix event in Budapest on Sunday after beating Italy 45-42 in a tightly-contested final. Hosts Hungary took the bronze medal after they beat France 45-42 to decide third place. China finished in fifth position.See details
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A Budapest Olympicson Feb 07, 2010 via HVG No serious leader can take seriously the idea of Budapest holding the 2020 Olympics: given Hungary's budget and global financial conditions, it would simply be an impossibly expensive prestige investment. The idea is probably being floated because a project on this scale makes available vast sums of money to the government that happens to be in power, money that can be distributed and spent on creating jobs and self-promotion. Politicians can use that money to keep their clients happy.See details
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Sources : YahooNews
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