EU go-ahead suggests compromise but talks still likely to be lengthy

"As nothing seemed to have happened" regarding the key issues open for debate, the EC's announcement came as a surprise, Commerzbank says.
PoliticsFriday, 08:50 April 27., 2012 Read more

Fidesz MP expects IMF-EU agreement by end-Q2

The government continues to view the package as a kind of safety net which it does not want to draw down, Antal Rogán says.
EconomyThursday, 16:30 April 26., 2012 Read more

Hungary to negotiate for precautionary financial package from IMF-EU

The Hungarian government, the National Bank of Hungary, the IMF, EC and European Central Bank will participate at the talks.
EconomyWednesday, 22:00 April 25., 2012 Read more

Hungary talks with IMF-EU could start

Talks could start after the Central Bank Act is amended as agreed on with the European Union.
EconomyWednesday, 21:40 April 25., 2012 Read more

Obstacles to IMF/EU talks essentially removed

"We have come very close to essentially making a breakthrough. It is a matter of days or weeks at the latest," says Orbán.
PoliticsTuesday, 20:25 April 24., 2012 Read more

Hungary seeks financial safety net but IMF offers loan, says PM

Hungary wants a financial safety net, but the International Monetary Fund wants to offer the country a loan, Prime Minister Viktor Orbán said at a lecture at the European Policy Centre in Brussels on Monday.
EconomyTuesday, 07:20 April 24., 2012 Read more

MNB on hold now, eyes IMF/EU deal for future rates guidance, says City

Until a safety net materializes in the form of a stand-by arrangement, City analysts do not see a case for rate cuts.
EconomyMonday, 14:10 April 23., 2012 Read more

Hungary waiting in the wings on IMF deal, says Varga

Hungary has moved no closer to the start of official negotiations since January, head of the prime minister's office says.
EconomyWednesday, 11:40 April 18., 2012 Read more

Start of IMF talks remains top priority for gov't

The cabinet rejects any preconditions to negotiations that do not have anything to do with economic policy, says Hungary's chief negotiator.
EconomyTuesday, 14:15 April 17., 2012 Read more

"Risk scenario approaches" in IMF/EU loans story, says City

EconomyMonday, 17:05 April 16., 2012 Read more

Possible scenarios still range from quick IMF deal to no deal, says City

Possible scenarios for Hungary's planned IMF/EU financing package continue to range from a deal secured before the second half of this year to no deal at all, London-based emerging markets economists said on Friday.
EconomyFriday, 15:15 April 6., 2012 Read more

AKK sells HUF 9.5 bln bonds expiring in 2016 for bonds due next year

EconomyWednesday, 12:35 March 28., 2012 Read more

Fitch sees IMF-EU deal for Hungary in spring

Securing the EU-IMF funding would have sufficient benefits for Hungary, despite the government's recent upredictable rhetoric and policy track record, Fitch said.
EconomyMonday, 09:40 March 19., 2012 Read more

Deals of the Year 2011

The Budapest Business Journal presents the most significant deals of the year 2011 in private equity, M&A, foreign direct investments and capital outflows, stock exchange debuts, Jeremie transactions and corporate bond issues.  
Thursday, 08:10 December 22., 2011 Read more

Hungarian companies strike deals worth over $1m at Cuban trade show

Hungarian companies made business deals worth several million dollars with Cuban partners at the 29th Havana International Fair, the Hungarian Investment and Trade Agency (HITA) told MTI on Friday.
BusinessFriday, 15:40 November 4., 2011 Read more

Hungary govt will take no further measures to assist borrowers with foreign currency-denominated loans

EconomyFriday, 07:30 August 12., 2011 Read more

Markets ease only for a while after US debt deal

The resolution on raising the US debt-ceiling, concluded after heated debates, helps to avoid imminent risks of a default, but markets are still anxious; the Hungarian forint has hit a historical low against the Swiss franc
EconomyTuesday, 07:35 August 2., 2011 Read more

Hungary daily deal market may generate HUF 3 bln in 2011

Hungary's fledgling deal-of-the-day market is likely to generate up to HUF 3 billion this year
BusinessWednesday, 13:45 June 15., 2011 Read more

Yahoo buys user-generated publisher

Yahoo said on Tuesday it has agreed to acquire the user-generated publishing company Associated Content to add more pages to attract advertisers. Financial terms of the deal were not disclosed.
BusinessWednesday, 08:00 May 19., 2010 Read more

Japan to seal carbon deal with Ukraine soon: source

  Japan is set to complete a deal this week to buy emissions rights from Ukraine, marking its first deal via a government-to-government trading scheme under the Kyoto Protocol, a Japanese government source familiar with the talks said on Monday.
BusinessMonday, 10:20 March 16., 2009 Read more

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