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Hungary News :
Cities: Budapest
Latest News : Hungary Keeps 1Q, Full-Year Budget Deficit Expectations March 11 (Bloomberg) -- Hungaryâs fiscal performance is âvery likelyâ to deteriorate, which may be âtolerableâ for the International Monetary Fund if coupled with an overhaul of the economy, Citigroup Inc. said today.Latest News : Russia's national coach Hiddink looks on during the international friendly match between Hungary and Russia in Gyor Russia's national coach Guus Hiddink looks on during the international friendly match between Hungary and Russia in Gyor, 140km (87 miles) west of Budapest, March 3, 2010. REUTERS/Laszlo BaloghLatest News : OECD urges Hungary reforms, state job cuts after vote Source: Reuters BUDAPEST, March 11 (Reuters) - Hungary's new government after April elections will need sweeping reforms including slashing the number of state employees to reduce budget risks and foster economic ...Latest News : (AFX UK Focus) 2010-03-11 18:40 INDICATORS - Hungary - Updated on March 11 BUDAPEST, March 11 (Reuters) - Hungary's latest indicators:(AFX UK Focus) 2010-03-11 13:35 OECD urges Hungary reforms, state job cuts after vote BUDAPEST, March 11 (Reuters) - Hungary's new government after April elections will need sweeping reforms including slashing the number of state employees to reduce budget risks and foster economic growth, a top OECD official said. The centre-right opposition party Fidesz, which is expected to win elections next month, has not clarified yet what reforms are on its agenda. Aart de Geus, Deputy ...(AFX UK Focus) 2010-03-11 10:45 Hungary 2010 deficit target still attainable - ministry BUDAPEST, March 11 (Reuters) - Hungary's budget deficit target of 3.8 percent of GDP for 2010 remains attainable, a Finance Ministry official said on Thursday, despite a large deficit in February accounting for more than 40 percent of the full-year target. There is no change in the annual deficit (target), nor in the first-quarter deficit (target), State Secretary Tamas Katona told reporters ...Hungary’s GDP drop slows to 4% in Q4 2009 amid signs of slow recovery GDP produced by Hungary's manufacturing industry fell at a single-digit pace in Q4 2009 for the first time in one year, but it fell on the quarter after a rise in Q2.Fidesz Triples Support of Socialists in Hungary (Angus Reid Global Monitor) - Hungaryâs main opposition party remains well positioned to win an upcoming legislative election, according to a poll by Tarki. 61 per cent of respondents, all of whom are decided voters, would support the Hungarian Citizens Party (Fidesz) in the April ballot, down one point since January.Hungary's president signs law making Holocaust denial punishable by 3 years in prison BUDAPEST, Hungary (AP) â Hungarian President Laszlo Solyom has signed a law making Holocaust denial punishable by three years in prison.Ascent Completes New Gas Producer in Hungary Ascent Resources successfully tested and completed the PEN-101 well, in the Penészlek area of the NyÃrség exploration permits in eastern Hungary. Once the rig has departed the site, the PEN-105 well will commence production to sales.Tamás Raj, Hungary’s former chief rabbi, dies Tamas Raj, a charismatic retired chief rabbi and one of Hungaryâs top intellectuals, has died. Raj, who worked to reduce the persistent misunderstandings that divide the Jewish and Christian communities of Hungary, died Monday following a long illness. He was 70.Who will be Little Miss Hungary? (5) $ $Girls who are contestants in the 'Little Miss Hungary' pageant, observe as woman walking across the floor, as they wait to appear in the qualification for the 'Little Miss Hungary' beauty contest in Budapest, Hungary, Saturday, March 6, 2010. The beauty pageant was organized for children between 4 and 14 years and the contest's final will be held in mid June. (Photo: peopledaily.com.cn ...Who will be Little Miss Hungary? (6) $ $Contestants perform in the qualification routine for the 'Little Miss Hungary' beauty contest in Budapest, Hungary, Saturday, March 6, 2010. The beauty pageant was organized for children between 4 and 14 years of age and the final of the contest will be held in June 2010. (Photo: peopledaily.com.cn)$ $$ ã1ãWho will be Little Miss Hungary? (4) $ $Children wait before performing in their qualification routine for the 'Little Miss Hungary' beauty contest in Budapest, Hungary, Saturday, March 6, 2010. The beauty pageant was organized for children between 4 and 14 years of age and the final of the contest will be held in June 2010. (Photo: peopledaily.com.cn)$ $ $ ã1ãWho will be Little Miss Hungary? (3) $ $A girl performs in the qualification routine for the 'Little Miss Hungary' beauty contest in Budapest, Hungary, Saturday, March 6, 2010. The beauty pageant was organized for children between 4 and 14 years of age and the final of the contest will be held in June 2010. (Photo: peopledaily.com.cn)$ $ $ ã1ãWho will be Little Miss Hungary? $ $A contestant waits before appearing in a qualification round for the 'Little Miss Hungary' beauty contest in Budapest, Hungary, Saturday, March 6, 2010. The beauty pageant was organized for children between 4 and 14 years of age and the final of the contest will be held in June 2010. (Photo: peopledaily.com.cn)$ $ $ ã1ãHungary makes Holocaust denial a crime BUDAPEST, Hungary (AP) - Hungarian President Laszlo Solyom has signed a law making Holocaust denial punishable by three years in prison. The law was approved last month by Hungarian lawmakers, after more wide-ranging versions of the law had been rejected by courts for limiting free speech.Hungary's MKB Bank raises capital in Romanian unit Hungary's MKB Bank has raised its direct stake in MKB Romexterra Bank, its Romanian unit from 82.47% to 87.77%, MKB announced on the website of the Budapest Stock Exchange on Tuesday.Hungary Industry Output Unexpectedly Rises on Exports (Update1) March 9 (Bloomberg) -- Hungaryâs industrial output rose in January from a year earlier, the first annual increase in 19 months, as a pickup in exports put the country on the road to recovery from its worst recession since 1991.Hungary May Have to Repay $51 Million in EU Funds, Napi Says March 9 (Bloomberg) -- Hungaryâs government may have to repay 10 billion forint ($51 million) of unauthorized European Union funds, Napi Gazdasag reported, without citing anyone.(AFX UK Focus) 2010-03-11 11:24 UDPATE 1-Hungary keeps 2010 deficit target despite Feb surge By Marton Dunai(AFX UK Focus) 2010-03-11 09:04 UPDATE 1-Hungary inflation slows in Feb, rate cut seen By Marton DunaiITD Hungary holds facility management forum for potential Daimler partners The Hungarian Investment and Trade Development Agency (ITD Hungary) and the Bács-Kiskun County Trade and Industry Chamber held a forum for potential Hungarian facility management partners for German car maker Daimler's plant in Kecskemét, ITD Hungary said.Latest Hungary News rss A damaged cable has been blamed for Saturday's post-qualifying confusion in Hungary. Bernie Ecclestone has summed up the freak accident that left Felipe Massa in a life-threatening condition as very disturbing.Felipe Massa cherishes F1 return after Hungary crash Sakhir, Bahrain - Felipe Massa was welcomed with open arms on Thursday and is delighted to race again almost eight months after a life-threatening Formula One crash. I am back after eight months. I am really happy and motivated, Massa told a news c...Hungarian Inflation Rate Drops From 17-Month High (Update1) March 11 (Bloomberg) -- Hungaryâs inflation slowed in February, strengthening the case for interest rate cuts, after a jump in food prices and a tax increase boosted the rate to a 17- month high the previous month.Hungary’s Biggest Vulnerability Is Forint Rate, Orban Says March 8 (Bloomberg) -- Hungaryâs biggest vulnerability is the exchange rate of its currency, the forint, said Viktor Orban, chairman of the opposition Fidesz party that leads opinion polls before next monthâs election.Automuseums.info - The Motoring Museums' Lighthouse is launched BUDAPEST, Hungary -- BUDAPEST, Hungary - Pál Négyesi, contributor to the Beaulieu Encyclopedia of the Automobile and internationally recognized automotive historian is proud to introduce his latest website: Automuseums.info - The Motoring Museums' Lighthouse.Hungary’s Budget Gap Points to New IMF Goal, Intesa, 4Casts Say March 8 (Bloomberg) -- Hungaryâs budget gap having reached 40 percent of the annual target strengthens the poll-leading oppositionâs argument to convince the International Monetary Fund to accept a bigger shortfall, analysts at Intesa Sanpaolo SpA and 4Cast Ltd. said.Russia's Surgut says to keep MOL stake NIZHNEVARTOVSK, Russia, March 11 (Reuters) - Head of Russia's fourth-largest oil producer, Surgutneftegas , said on Thursday his company has no plans to sell its stake in Hungary's MOL despite standoff between the two firms.Fidesz Campaign Against Hungary’s Budget ‘Damaging,’ Oszko Says March 10 (Bloomberg) -- Hungarian opposition party Fidesz is âdamagingâ the country by suggesting the government, in cooperation with the European Union, is covering up a budget deficit twice as wide as the official forecast, Finance Minister Peter Oszko said.Hungarian Bank sector to recover after stress test Hungary's banking sector is likely to demonstrate a slow recovery after enduring a severe stress test in 2009, Fitch Ratings said in a report.Talk for transparency Corruption and the lack of transparency in Hungaryâs economy are widely considered a given but have now become significant factors in hindering the countryâs growth. The Budapest Business Journal held its 2010 Business Forum with the purpose of presenting the thoughts of distinguished panelists (summarized below) who have positive, forward-looking ideas on how businesses in this country can ...Market Commentary and Intraday News (RTTNews) - Hungary's banking sector is likely to demonstrate a slow recovery after enduring a severe stress test in 2009, rating agency Fitch said Wednesday. Moreover, the profitability of major Hungarian banks in 2010 would remain under pressure, Fitch said.Finance Ministry cuts projection for GDP drop to 0.2% Hungary's Finance Ministry has cut its projection for the fall in GDP this year to 0.2% from 0.3%, state secretary Tamás Katona said at a press conference.Hungarian, Mongolian PMs discuss ways to strengthen economic ties (2) $ $Hungarian President Laszlo Solyom (L) shakes hands with Mongolian Prime Minister Sukhbaatar Batbold on the balcony of the Office of the President in Budapest, Hungary, March 10, 2010. (Xinhua/ Dani Dorko)$ $ The Hungarian PM announced that Hungary would provide technical advice to Mongolia on trading with the European Union, as well as financial support in the fields of animal health and ...Hungarian, Mongolian PMs discuss ways to strengthen economic ties $ $Hungarian Prime Minister Gordon Bajnai (R) shakes hands with visiting Mongolian Prime Minister Sukhbaatar Batbold in the Hungarian Parliement in Budapest, Hungary, March 10, 2010. (Xinhua/ Dani Dorko)$ $ Hungarian Prime Minister Gordon Bajnai and his Mongolian counterpart Batbold Sukhbaatar discussed how to increase economic cooperation and strengthen ties between the two countries on ...Lithuania marks landmark 1990 split that doomed Soviet Union The Baltic state of Lithuania Thursday marks its watershed 1990 secession from Moscow's rule, a move that launched a wave ending in the demise of the entire Soviet Union a year later.Outlook of big companies worsens slightly in February The outlook of Hungary's biggest companies worsened slightly in February, while that of SMEs continued to improved, the latest measure of confidence by economic research institute Ecostat shows.Hungarian Lenders Face ‘Slow’ Recovery, Fitch Says (Update1) March 10 (Bloomberg) -- Hungaryâs banks face a âslowâ recovery after the global credit crisis subjected them to a âsevere stress test, and the government restricted lending, Fitch Ratings said.European heritage label seeks to bind EU states In an effort to create a sense of shared history, the European Union has launched an initiative to promote important sites of culture and heritage across its 27 member states and the continent.Justin Henin wins first-round match at Indian Wells Justin Henin, the former No. 1 who is playing in this tournament for the first time since 2006, was the top-ranked player on the Sony Ericsson WTA Tour when she unexpectedly retired in May, 2008.Euro good to Hungary once operation of economy becomes normal, Lamfalussy says Hungary would benefit from the introduction of the euro, but only after âthe operation of the economy became normal and the exchange rate stabilizedâ, former head of the European Monetary Institute Sándor Lamfalussy said on a program of the Hungarian state television channel M1.Research and Markets: Hungary Retail Report Q1 2010 DUBLIN----Research and Markets has announced the addition of the Hungary Retail Report Q1 2010 report to their offering.NY writer accused of abusing foreign assistants A suburban New York City writer who offered jobs to women from Hungary, France and Brazil has been accused of sexually abusing them.Hungarian Recession Eased in Fourth Quarter as Exports Rose March 10 (Bloomberg) -- Hungaryâs economic contraction eased in the fourth quarter of last year as rising exports pushed the country along the road to recovery from its worst recession in 18 years on improving export demand.Mol’s Iraqi Oil Discovery May Prove ‘Significant,’ Merrill Says March 10 (Bloomberg) -- Mol Nyrt. , Hungaryâs largest refiner, may reveal âsignificant resource potentialâ in northern Iraq, where the company yesterday announced a discovery of oil and associated gas, Bank of America Merrill Lynch said.Sweden's 2009 arms sales shot up STOCKHOLM, Sweden, March 11 (UPI) -- Sweden in 2009 sold arms worth $1.9 billion, a 7 percent increase over the previous year, a government agency said.Henin wins opener at Indian Wells Justin Henin beat Magdalena Rybarikova, 6-2, 6-2, in the first round of the BNP Paribas Open on Wednesday. 1 2 3 |
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