EC forecast puts Hungary deficit under 3% threshold in 2012, 2013

The projection for 2012 is down from 2.8% forecast last autumn.
EconomySaturday, 16:45 May 12., 2012 Read more

IMF ready to start negotiations with Hungary after cen bank independence steps

"...The Fund is ready to start negotiations as soon as adequate steps are taken to ensure central bank independence as has been discussed with the Hungarian government," Ivaschenko says.
EconomyFriday, 09:00 April 27., 2012 Read more

Move towards EU talks

Concerns include Hungary’s exposure to the eurozone economy and eurozone banks, its high public and private indebtedness, policy unpredictability, and the scope for fiscal slippage.
EconomyFriday, 08:35 April 27., 2012 Read more

EC fines Hungary for failing to write EU waste directive into natl law

Hungary gets a daily penalty of €27,316.
PoliticsFriday, 08:30 April 27., 2012 Read more

Hungary default insurance costs fall after IMF-EU talks move closer

Hungary's five-year credit default swaps started trade Thursday at 528bp, down a sharp 40bp from the previous close.
FinanceThursday, 19:25 April 26., 2012 Read more

EU green light

"Budapest may also have been spooked" by the sell-off in the markets at the beginning of the week, analysts say.
PoliticsThursday, 15:35 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

MOL says continued financing of Nabucco pipeline unsustainable

The disapproval of the budget meant in practice that MOL would not give any more money to the project company, industry experts say.
BusinessWednesday, 21:55 April 25., 2012 Read more

EC decides to start talks with Hungary on precautionary financial assistance

"The Commission has today assessed that Hungary has taken sufficient action and commitments to enter into negotiations on precautionary balance of payment assistance," the body says.
EconomyWednesday, 12:50 April 25., 2012 Read more

EU will not take Hungary to court over Central Bank Act

Reuters leaked a document saying that "Hungary has now promised to change its legislation and provided additional commitments and clarifications".
PoliticsWednesday, 10:45 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

EC criticizes proposed labels marking Hungarian products

European Commission claims that the proposed labels could be confusing for consumers.
PoliticsTuesday, 20:15 April 24., 2012 Read more

Gov't unveils Széll Kálmán Plan 2.0

Measures contained in the plan will improve the fiscal balance by HUF 750 billion in 2012-2013, the government says.
EconomyMonday, 15:40 April 23., 2012 Read more

Hungary can change contested law even after IMF talks start

Hungary's government has already amended provisions in the Central Bank Law to which the European Central Bank objected, and parliament can make further changes later if required, Mihály Varga, head of the prime minister's office, said.
PoliticsMonday, 11:40 April 23., 2012 Read more

Commission work on Hungary infringement procedures

The European Commission's analysis of Hungary's official responses to letters concerning infringement procedures is "proceeding swiftly", Commission spokesman Alejandro Ulzurrun de Asanza y Munoz said at a regular press briefing in Brussels on Friday.
EconomyFriday, 16:35 April 20., 2012 Read more

Hungary needs safety net rather than loans, says Orbán

"....We will not agree to losing a single forint, we will get every forint we are entitled to," Orbán said.
EconomyFriday, 13:45 April 20., 2012 Read more

Hungary still waiting for EC's response on central bank management remuneration, oaths

The Hungarian government is still waiting for the European Commission's responses to its stands on the questions of the remuneration of the National Bank of Hungary's governors and deputy-governors and the oaths they swear, government spokesman András Giró-Szász said on public television early Thursday.
EconomyFriday, 08:35 April 20., 2012 Read more

Hungary PM could meet Barroso when in Brussels

Hungary is still waiting for an evaluation by the European Commission of its responses it sent regarding the EU's infringement procedures. The European Commission denied suggestions that it is only playing for time.
PoliticsThursday, 17:20 April 12., 2012 Read more

Hungary still awaits IMF's reply

The government hopes that the Commission will make a decision quickly.
PoliticsTuesday, 15:55 April 10., 2012 Read more

Economy minister would introduce financial sales tax

"There is no sales tax in the financial system, and as we shift the focus of taxation to sales and consumption we must introduce a financial sales tax," Matolcsy told Heti Válasz.
EconomyThursday, 12:25 April 5., 2012 Read more

Featured links

Business

Buy high quality china wholesale electronics, sports, health & beauty, home products and other wholesale products on DHgate.com

TradeBoss.com B2B Marketplace with an International Business Directory , a Middle East Business Directory and a European Business Directory

Your ad here