News tagged "hungary"

(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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(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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Hungary seeks to kick start economy

on May 01, 2010 via YahooNews

Hungary's new prime minister has vowed to bring in reforms and kick-start enterprise - for Hungarians that can't happen soon enough, says the BBC's Nick Thorpe.

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(AFX UK Focus) 2010-04-30 13:01 OTP Bank eyes small Hungarian bank for takeover-CEO

on May 01, 2010 via YahooNews

BUDAPEST, April 30 (Reuters) - Hungarian lender OTP Bank is eyeing a small domestic rival for a takeover, Chairman and CEO Sandor Csanyi said on Friday. "We are examining one smaller bank in Hungary," Csanyi said. "If there is a bank in Hungary that fits into our portfolio, I do not exclude (a takeover)." Csanyi has said that his bank, which has a 6 billion euro ($7.99 billion) capital buffer ...

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Hungary's Gypsies fear post-election bad times

on Apr 28, 2010 via YahooNews

TATARSZENTGYORGY, Hungary (AP) Robert Csorba and his son were murdered a year ago for being Gypsies. Now his relatives are using the bricks from his burned out house to wall off their home as ...

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Center-Right Win Means Big Changes for Hungary

on Apr 27, 2010 via YahooNews

Hungary's center-right Fidesz party won the parliamentary election with an overwhelming majority on Sunday. Can the party and its leader, Viktor Orban, use that power to make the difficult -- and possibly painful -- change that the country needs?

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Hungary Will Cut Main Rate for 10th Time in a Row, Survey Shows

on Apr 26, 2010 via YahooNews

April 26 (Bloomberg) -- Hungary will probably cut the countrys record-low benchmark interest rate for a 10th consecutive month, a day after the biggest opposition party scored a landslide election win on pledges to end a recession.

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Hungary May Be Central Europe Bond Darling on Fidesz Mandate

on Apr 23, 2010 via YahooNews

April 23 (Bloomberg) -- Hungary may become a favorite of investors in central Europe if the impending Fidesz government strengthens its mandate with a two-thirds parliamentary majority and uses it to overhaul state bureaucracy and public finances.

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Hungary Fidesz Party: No Plans To Cut Taxes This Year-Report

on Apr 21, 2010 via YahooNews

Hungary Fidesz Party: No Plans To Cut Taxes This Year-Report

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Carbon offsets: How a Vatican forest failed to reduce global warming

on Apr 21, 2010 via YahooNews

From a scheme to create an algae bloom in the South Pacific to a Vatican forest in the plains of Hungary how one carbon offset developer's ideas failed to reduce global warming.

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Koestler: The Indispensable Intellectual by Michael Scammell | Book review

on Apr 19, 2010 via YahooNews

Tibor Fischer tackles one of Hungary's most famous exports A few years ago, the following announcement was heard on Hungarian radio: "There are only two of us in the studio tonight. But don't worry, there's plenty to discuss because one of us knows everything and the other knows everything even better." This insistence on knowing everything better ( jobban tudni ) is a particularly Hungarian ...

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Hungary, Croatia, Serbia for EU ethnic commissioner

on Apr 17, 2010 via YahooNews

(BUDAPEST ) - The presidents of Hungary, Croatia and Serbia called on Friday for the establishment of a European commissioner for ethnic minorities.

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Hungary Sees End-May Budget Deficit At 2.7% Of GDP

on Apr 15, 2010 via YahooNews

Hungary Sees End-May Budget Deficit At 2.7% Of GDP

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Hungary Seeks to Clear Its Name, Asks for CO2 Traders Data

on Apr 14, 2010 via YahooNews

April 13 (Bloomberg) -- Hungary, a month after selling carbon credits that triggered a halt on Europes largest spot market for emissions, said it asked a London-based metals broker for information about its trading.

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Hungary reveals appetite for environmental justice

on Apr 13, 2010 via YahooNews

Andrew Donoghue in Budapest, BusinessGreen , Monday 12 April 2010 at 14:16:00 The deficit-hit UK could learn from the appointment of a green ombudsman in cash-strapped Hungary A long-standing centre-left government has been ousted by centre-right opposition. No, it's not a flash forward to May 7, but the result of last week's Hungarian election, which saw Viktor Orban yesterday declare victory ...

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Centre-right party wins Hungary election

on Apr 12, 2010 via YahooNews

BUDAPEST , April 12 Viktor Orban declared a sweeping victory for his centre-right Fidesz party yesterday and told cheering supporters that leading Hungary as prime minister would be the biggest task of his life. All the opinion polls had pointed to a Fidesz victory, and the weight of expectation to act quickly to put Hungary back on a track of sustainable growth after near financial collapse ...

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Hungarian PM condemns Moscow subway bombings (People's Daily)

on Mar 31, 2010 via YahooNews

Hungarian Prime Minister Gordon Bajnai extended in a telegram to his Russian counterpart Vladimir Putin on Monday his sympathy with the victims of the subway bombings in Moscow, condemning the act of terrorism in Hungary's name. Bajnai said that Hungary was committed to international cooperation to combat terrorism. He also asked the Russian prime minister to relay the condolences of the ...

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Coface says number of Hungarian companies classified as risky slightly down (Budapest Business Journal)

on Mar 31, 2010 via YahooNews

The percentage of the Hungarian companies classified as risky is still above the regional average, but the latest figures from Coface Hungary show an improvement, with the figure falling to 49.51% in February from 52.44% in November.

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Hungary Cuts Record-Low Interest Rate as Risk Premium Declines (Bloomberg)

on Mar 30, 2010 via YahooNews

March 29 (Bloomberg) -- Hungary cut its benchmark interest rate today for the ninth month in a row after the country?s risk premium fell and the forint gained as concern about Greek contagion ebbed.

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Hungary, Romania Reduce Key Rates After Risk Premium Declines (Bloomberg)

on Mar 30, 2010 via YahooNews

March 29 (Bloomberg) -- Hungary and Romania cut the two highest benchmark interest rates in the European Union to record lows to steer their economies toward growth as concern about Greek contagion ebbed.

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Sources : YahooNews