BUDAPEST --Hungary's third-quarter current account deficit widened significantly from the previous quarter, beating market expectations, but the data will have a limited impact as markets close early on the last day of the year. The...
BUDAPEST --Hungary's natural gas imports from Russia may come to a halt in January unless Russia and Ukraine resolve their continuing spat, national daily Nepszabadsag quoted Russian gas group OAO Gazprom's (GASP.RS) spokesman as saying...
BUDAPEST --Hungary moved into a trade deficit in October, with exports falling steeper than imports as a result of a recession in Germany, Hungary's biggest export market, and a slowing economy elsewhere in western Europe,...
BUDAPEST --The Hungarian economy experienced a slight contraction in the third quarter from the second quarter, with the outlook bleak due to falling external, as well as domestic, demand, final data published by the Central...
BUDAPEST -- Hungarian Prime Minister Ferenc Gyurcsany on Wednesday pledged his minority government will continue implementing reforms until the 2010 elections with measures that would reach over the current government cycle. "I want to...initiate a...
BUDAPEST --Hungarian industrial production fell in September, confirming that the country's economy is increasingly feeling the economic slowdown in Europe. Output fell 2.5% on the month and 5.3% on the year under adjusted data and...
BUDAPEST --Hungary swung into a trade surplus in September, with both export and import growth recovering after a decline in the previous month, data released Friday by the central statistics office, or KSH, show. The...
BUDAPEST --Hungary's foreign currency reserves totaled EUR17.8 billion at the end of October, up slightly from EUR17.41 billion at the end of September and higher than EUR16.56 billion a year earlier, the National Bank of...
BUDAPEST --Hungary revised Wednesday its trade deficit figure for August to EUR76.1 million from a preliminary deficit figure of EUR103.7 million, released Oct. 9, the Central Statistics Office, or KSH, said. The final August figure...
(Adds further comment and background.) BUDAPEST -- Two of Hungary's largest drug makers, Richter Gedeon Nyrt. (RICHTER.BU) and Chinoin Zrt., a unit of Sanofi-Aventis (12057.FR), said Wednesday they may need to scale back their local...