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EU Hungary Political News is an EIN News Service for political professionals. Constantly updated news and information about Hungary EU Politics.
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Latest EU Hungary Political News

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  • Press Release: European Commission and IMF Welcome Reaffirmed Commitments of the Largest Foreign Banks in Hungary  20 Nov 2009 00:45 GMT
    ... Commitments of the Largest Foreign Banks in Hungary Press Release No. 09/420 November 19, 2009 ... with the parent banks of six systemically-important Hungarian financial institutions. The six EU-based banks are Bayerische Landesbank, Erste Group Bank, ...

  • European Commission and IMF welcome reaffirmed commitments of the largest foreign banks in Hungary 19 Nov 2009 18:32 GMT
    ... commitments of the largest foreign banks in Hungary In a meeting in Brussels of the ... with the parent banks of six systemically-important Hungarian financial institutions. The six EU-based banks are Bayerische Landesbank, Erste Group Bank, ...

  • Pieces of the European Commission jigsaw puzzle 17 Nov 2009 14:36 GMT
    ... illness. On the evening of November 19, European Union leaders will be hosted by Sweden at ... limit; like many decision-making processes in the EU, carrying on until the wee hours, with ... in the energy, enlargement or transport portfolios. Hungary has put forward Laszlo Andor, a centre-leftist and ...

  • Prices up slightly in European Union 16 Nov 2009 17:34 GMT
    ... BRUSSELS, Nov. 16 (UPI) -- The European Union's statistical office, Eurostat, said Monday prices in ... euro zone, but rose in the full EU. The euro zone is made up of ... with the highest deflation rate, while Romania, Hungary, Poland and Sweden, in descending order, had higher ...

  • European Commission says Hungary's finances improving, but warns on deficits 17 Nov 2009 09:20 GMT
    ... European Commission says Hungary's finances improving, but warns on deficits Hungary ... completed of the third review under the EU balance of payments assistance, in close cooperation with the International ...

  • European Commission nods on KBC relief, Belgian group to float Czech unit and possibly Hungary's K&H Bank 18 Nov 2009 11:53 GMT
    ... The European Commission has on Wednesday approved a EUR 7 ... Eastern European subsidiaries, such as K&H in Hungary," KBC added. The restructuring package foresees structural ... that result from the state aid," the EU executive said in a statement. Furthermore, following an in-depth investigation, ...

  • European Union natural gas supplies threatened 24 Nov 2009 10:22 GMT
    ... Nabucco pipeline which begins in Eruzum, Turkey, and courses through Bulgaria, Romania, Serbia and Hungary, ending in Austria. But Russia, to maintain dependency, has devised the South Stream pipeline, which begins in ...

  • Largest foreign banks in Hungary pledge support to local units - IMF 20 Nov 2009 08:15 GMT
    ... balance of payments support package, are helping Hungary weather the economic downturn and return to ... with the parent banks of six systemically-important Hungarian financial institutions. The six EU-based banks are Bayerische Landesbank, Erste Group Bank, ...

  • Largest foreign banks in Hungary pledge support to local units - IMF, EU 20 Nov 2009 09:46 GMT
    ... balance of payments support package, are helping Hungary weather the economic downturn and return to ... sustainable growth path," the IMF and the EU executive said in a joint statement after ... with the parent banks of six systemically-important Hungarian financial institutions. The six EU-based banks are ...

  • Soros tells EU to step up support for eastern states 16 Nov 2009 09:11 GMT
    ... be a toxic mix. Latvia, Romania and Hungary have all been forced to tap International ... forced to tap International Monetary Fund and EU loans in a bid to tackle balance ... million for the Roma Education Fund. The Hungarian-born 79-year-old said EU citizens are unaware of ...

  • Big foreign banks reaffirm commitment to stand by Hungarian subsidiaries 23 Nov 2009 10:09 GMT
    ... foreign banks reaffirm commitment to stand by Hungarian subsidiaries The parent banks of the six ... the six largest foreign banks active in Hungary reaffirmed their commitments made in May 2009 ... 2008 level for the duration of the IMF-EU-World Bank programme, the EC statement said. These ...

  • Hungary Cuts Key Rate to Three-Year Low on Recession, Inflation 23 Nov 2009 14:55 GMT
    ... as the economic slump blunts price pressures. Hungary was the first European Union country to get an -led bailout last ... billion) emergency loan from the , the EU and the World Bank and the central bank ...

  • Hungary does not need next tranche of IMF cash - FM 23 Nov 2009 10:57 GMT
    ... Hungary does not intend to draw down the next ... In October 2008 Hungary became the first European Union member to require an international bailout, receiving ... billion at the time) from the IMF, EU and the World Bank. ...

  • Hungary not to call down next scheduled installment of IMF bailout loan 17 Nov 2009 07:54 GMT
    ... Hungary not to call down next scheduled installment ... IMF delegation reached a staff-level agreement with Hungarian authorities on a package of policies aimed ... a representative of the European Commission. The EU also sees that the call-down of the ...

  • Far-right alliance fails to get EU parliament cash 16 Nov 2009 09:15 GMT
    ... the UK's BNP, France's Front National and Hungary's Jobbik, says it wants its share of ... a certain number of MEPs from seven EU member states; for a europarty, the rules ... mutually exclusive national mythologies, to get along. Hungarian MEP Balczo Zoltan, Jobbik's vice-president, angrily told ...


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