BRUSSELS, May 20 - Parent banks of the six largest foreign banks operating in Hungary pledged on Wednesday to support local subsidiaries to help them weather the financial crisis, the European Union's executive Commission said....
BUDAPEST, Oct 29 - The IMF, the EU and World Bank agreed to a $25.1 billion economic rescue package for Hungary which exceeded expectations and is seen boosting investor confidence in the country's currency and...
The International Monetary Fund, the European Union and World Bank on Tuesday agreed to a $25.1 billion economic rescue package for Hungary to help it deal with the effects of the financial crisis, the IMF said.
BUDAPEST, Oct 26 - Hungary expects to sign a final agreement with the International Monetary Fund (IMF) and the European Union this week about standby access to resources, a source close to the Hungarian government...
BUDAPEST, Sept 20 - Hungary's government has drawn up a credible path to cut its deficit further to 3.8 percent of GDP in next year's budget, but there are economic and implementation risks ahead, an...
BUDAPEST, Dec 2 - Hungary's minority government has cemented its position by passing key budget figures and tax laws in parliament, but its resolve to cut spending will be seriously tested as the economy slides...
Dec. 1, 2008 (China Knowledge) - Taiwan-based handset and camera maker Foxconn International Holdings<2038>, said it plans to lay off 1,500 workers at its two Hungarian plants due to the gloomy economic environment, the South...
BUDAPEST, Oct 17 - Hungary's government is planning to make proposals by next week to ease the exchange rate risks linked to households' foreign currency borrowing, Prime Minister Ferenc Gyurcsany said on Friday. Private sector...
0800 GMT [Dow Jones] Hungary revises its September trade surplus a tad upward, to EUR176.7M from a preliminary EUR141.1M, while the reading was down from EUR242.6M a year earlier, according to the Hungarian Statistics Office....
WASHINGTON, Oct 26 - The International Monetary Fund said on Sunday it had reached a broad agreement with Hungary on a set of policies, backed by substantial financing, to stabilize the Central European country's economy....