(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 spending...
BUDAPEST --Two of Hungary's largest drug makers, Richter Gedeon Nyrt. (RICHTER.BU) and Chinoin Zrt., a unit of Sanofi-Aventis (SNY), warned Wednesday that they may need to scale back their local spending on research and development...
* EU, IMF, World Bank join forces in $25.1 bln bailout * Analysts say deal shows concern for Central Europe region * Forint gains 2.5 percent, Budapest stocks up 11.4 percent * Austrian banks pledge...
BUDAPEST --Hungarian Prime Minister Ferenc Gyurcsany proposed Tuesday to further lower next year's budget deficit target at the expense of cutting social spending to secure financial assistance from the International Monetary Fund and the European...
* U.S. stocks hit five-year lows * Bush sets Nov. 15 for G20 crisis summit in Washington * Emerging markets hit; Argentine pension move worries * Weak earnings from big companies; Merck cuts 7,200 jobs...
* U.S. stock indexes hit five-year lows * Bush sets Nov. 15 for G20 crisis summit in Washington * Emerging markets hit; Argentine pension move worries * Weak earnings from AT&T, Boeing; Merck to cut...
BUDAPEST --Hungary's minority government is proposing a tax simplification package for 2009, and seeks the support of other parliamentary parties for the plan, Finance Minister Janos Veres said Monday. "The changes (to the tax system)...
(Adds further comments, background.) BUDAPEST --Hungarian Prime Minister Ferenc Gyurcsany stressed Friday that the primary goal of the Hungarian authorities was to ensure the stability of the financial system. "There's no other issue the importance...
BUDAPEST --Hungarian Prime Minister Ferenc Gyurcsany stressed Friday that the primary goal of the Hungarian authorities was to ensure the stability of the financial system. "There's no other issue the importance of which overrides ensuring...
BUDAPEST --Hungarian industrial production fell in August from a year earlier as the slowdown in Europe, the country's main export market, continued to affect companies of all sizes, final data released by the central statistics...