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Hungary Update

Economy minister: Hungary will not borrow again from IMF - Earthtimes
... Hungary does not intend to borrow from the International Monetary Fund (IMF) again, Hungarian Economy Minister Gyorgy Matolcsi confirmed at a meeting of business leaders in the capital on Friday. Matolcsy ...

Hungary beats Moldova 2-1 in Euro 2012 qualifier - Syracuse Post-Standard
Hungary (AP) — Long-range shots by Gergely Rudolf and Vladimir Koman in the ... capitalizing on the sloppy play of the Hungarian defense, which twice lost the ball near its penalty area. Moldova kept pressing in ...

Hungary Fails to Meet Debt-Sale Goal as Interest-Rate Bets Drive Up Yields - Bloomberg
Hungary failed to raise the planned amount of debt at an auction today as growing ... Investors’ sense that shorter-term Hungarian debt as a safe bet has evaporated as fears grow that the central bank will raise ...

Hungary Exceeds Debt Sales Goal on Deficit Pledge - BusinessWeek
Sept. 9 (Bloomberg) -- Hungary sold more debt than planned at an auction a ... The Economy Minister’s comments yesterday returned confidence into Hungarian assets,” said Krisztian Toth, a bond trader at BNP ...

Hungarian Local Election Candidates Caught On Tape - Wall Street Journal
With municipal elections in Hungary less than a month away, competition between main rivals is getting increasingly aggressive. Tapes revealed this week appear to show ruling party candidates for local ...

UPDATE 2-Hungary makes U-turn, commits to 2011 budget cuts - Reuters
... Hungary's government on Wednesday committed to cutting the budget deficit below 3 percent of GDP next year as it appeared to bow to ... marked a U-turn in the Hungarian centre-right Fidesz government's plans,

Hungary Surrender on Budget Gap Boosts Forint, Bonds - BusinessWeek
Sept. 9 (Bloomberg) -- Hungary bowed to pressure from the European ... government’s commitment to the 3 percent deficit target came after EU finance ministers told Hungarian officials during a meeting in Brussels ...

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