News tagged "hungary"

Hungary to Cut Key Interest Rate to Record Low, Survey Shows (Bloomberg)

on Feb 22, 2010 via YahooNews

Feb. 22 (Bloomberg) -- Hungary will probably cut its key interest rate to the lowest since the fall of communism 20 years ago as policy makers seek to revive growth after the worst recession in 18 years.

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Exxon Mobil suspends Hungary exploration project (AP via Yahoo! Finance)

on Feb 20, 2010 via YahooNews

Exxon Mobil Corp. said Friday it suspended exploration operations in southeast Hungary after well tests proved disappointing.

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Hungary, Croatia sign agreement on cross-border power line (Budapest Business Journal)

on Feb 20, 2010 via YahooNews

The energy ministers of Hungary and Croatia signed a cooperation agreement on building and operating an electrical power line between the two countries in Budapest.

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In Hungary, Potential Lessons for Greece (New York Times)

on Feb 20, 2010 via YahooNews

The experience of Hungary suggests just why the euro retains its allure to so many of the emerging countries of Europe.

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Consortium confirms bid for CCS demonstration project in Hungary (Bellona Foundation)

on Feb 20, 2010 via YahooNews

A project consortium formed by major Hungarian energy producers and utility companies as well as the Geophysical Institute of Hungary have confirmed their intention for the deployment of CO 2 capture and storage technology at the M?tra Power Plant (situated in northeast Hungary).

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In Hungary, Potential Lessons for Greece (Pittsburgh Post-Gazette)

on Feb 20, 2010 via YahooNews

BUDAPEST -- Despite the fiscal crisis engulfing Greece and some other Southern European nations, Hungary is more committed than ever to adopting the euro as soon as possible, its caretaker prime minister said this week, even if that means enduring a further bout of austerity to reach the goal.

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Exxon Mobil, Hungarian company abandon gas project. (Denver Post)

on Feb 20, 2010 via YahooNews

Exxon Mobil Corp., the largest U.S. energy company, and Hungarian oil refiner Mol Nyrt quit a natural-gas exploration project in Hungary that sought to tap enough of the fuel to feed 26 years of domestic demand.

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Hungarian Snow Drifting: Screaming Sideways Into the Freeze [Snow Drifting] (Jalopnik)

on Feb 17, 2010 via YahooNews

A world apart from bestickered American rally professionals with comic-book names, we join the the snow drifters of Hungary, who like it cold, fast, and loud. The policeman looks at me suspiciously,...

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Forint May Gain 6% on Hungary?s Fiscal Discipline, Nordea Says (Bloomberg)

on Feb 17, 2010 via YahooNews

Feb. 16 (Bloomberg) -- The forint is poised to strengthen more than 6 percent against the euro over the next three months as Hungary meets international bailout obligations and the economy improves, Nordea Bank AB said.

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Hungary sees economy improving, budget gap in line (AP via Yahoo! Finance)

on Feb 15, 2010 via YahooNews

Rising exports will help Hungary's economy contract less than expected in 2010, Finance Minister Peter Oszko said Monday.

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Hungarian groups protest rise of neo-Nazism (JTA)

on Feb 15, 2010 via YahooNews

BUDAPEST (JTA) -- Pro-democracy and anti-fascist organizations in Hungary held a joint demonstration to protest the rise of neo-Nazi agitation in Eastern Europe.

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Film series highlights Hungarian identity, past and present (Columbia Daily Spectator)

on Feb 15, 2010 via YahooNews

The Film Society of Lincoln Center's ?New Films from Hungary? features 13 varied Hungarian films in seven days.

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Hungary Inflation Won?t Stop Interest Rate Cuts, Analysts Say (Bloomberg)

on Feb 13, 2010 via YahooNews

Feb. 12 (Bloomberg) -- Hungary?s interest rates will probably fall further as inflation is set to slow again after a higher-than-expected rate in January, said analysts at Erste Bank, Concorde Securities, Raiffeisen and Bayerische Landesbank.

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FinMin dismisses report Hungarian, Russian governments involved in bid for MOL shares (Budapest Business Journal)

on Feb 12, 2010 via YahooNews

Finance Ministry state secretary Tam?s Katona called a report the governments of Hungary and Russia are involved in a bid by Hungarian oil and gas company MOL to buy MOL shares from Russian peer Surgutneftegas ?implausible?.

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Hungarian Recession Eased Last Quarter on Exports (Update1) (Bloomberg)

on Feb 12, 2010 via YahooNews

Feb. 12 (Bloomberg) -- Hungary?s economic contraction eased in the fourth quarter of last year as the country worked to exit its worst recession in 18 years on improving export demand.

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FM says Russian proposals regarding Mal?v contradict Hungarian and EU law (Budapest Business Journal)

on Feb 11, 2010 via YahooNews

Russian-government proposals regarding resolution of the capital situation of Hungarian national airline Mal?v infringe both European Union and Hungarian law, Hungary's Finance Ministry told MTI on Wednesday.

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FGSz completes HUF 9 billion stretch of Hungary-Romania gas pipeline (Budapest Business Journal)

on Feb 11, 2010 via YahooNews

The Hungarian part of a gas pipeline between Hungary and Romania has been completed at a cost of about HUF 9 billion, gas distributor FGSz F?ldg?zsz?ll?t?, which owns and operates the pipeline with Romanian peer Transgaz, told MTI.

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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 ...

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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.

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Hungary Rate Room Limited by Greek Contagion Risk, Banfi Says (Bloomberg)

on Feb 10, 2010 via YahooNews

Feb. 9 (Bloomberg) -- Hungary?s room to cut the benchmark interest rate is limited by the risk of Greece?s fiscal crisis weakening the forint, monetary policy maker Tamas Banfi said.

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Sources : YahooNews