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Hungary Monetary Union & Eurozone News is an EIN News Service for political professionals. Constantly updated news and information about Hungary EU Politics.
Latest Hungary Monetary Union & Eurozone News
- Verhofstadt invites Eastern Europe to adopt euro 27 Nov 2009 08:10 GMT
... proposal, which concerns Poland, the Czech Republic, Hungary, Estonia, Latvia, Lithuania, Bulgaria and Romania, as part ... euro until the country concerned joins the eurozone. The idea of introducing the euro early ... are outside the protective umbrella of the euro zone. The participation in the Eurozone is an ...
- Euro adoption not in sight for Hungary because of bulging debt - EBRD Director 25 Nov 2009 08:48 GMT
... Although the Hungarian government is fiscally prudent, it has a ... makes it very difficult to join the euro zone any time soon, said Jeromin Zettelmeyer, Director ... and a hard place at the moment. Hungary's strategy will probably have to be to ...
- HIGHLIGHTS-Comments from Hungary opposition on euro, budget 25 Nov 2009 19:05 GMT
... point of reference concerning the future potential Hungarian economic policy, should look at what economic ... analyst forecast in a Reuters poll for Hungary joining the euro zone in 2014 was realistic, Varga said: 'If ...
- Hungary’s fiscal policy allows easier monetary policy, q/q GDP growth expected in Q2/Q3 2010 - FinMin 19 Nov 2009 16:35 GMT
... Hungarian Finance Minister Péter Oszkó said on Thursday ... in monetary policy," he added. He said Hungary was no longer using the rest of ... ERM-2, the proving ground for joining the euro zone, already by next year. ...
- EU 'top jobs' race fails to thrill Europeans 19 Nov 2009 08:26 GMT
... Britain wants to stay out of the euro zone. As it stands, Germany seems to favour ... wrote, quoted by EurActiv Czech Republic. In Hungary, the situation appears similar, as the national ... produce any news report. A high profile Hungarian MP, Mátyás Eörsi, hinted that EU leaders ...
- UPDATE 2-Hungary cbank trims rates by 50 bps, cuts CPI fcasts 23 Nov 2009 16:34 GMT
... Marton Dunai BUDAPEST, Nov 23 (Reuters) - Hungary's central bank cut its key interest rate ... facing a protracted recession, and consequently the inflationary pressure in the economy is practically nonexistent, ... bank has said it could undershoot its medium-term inflation target of three percent on the ...
- HIGHLIGHTS-EBRD, EIB, IFC officials at euro finance week 19 Nov 2009 10:03 GMT
... starting to get into an early recovery. Hungary is undertaking very, very impressive efforts to improve ... would not be able to join the euro zone in the coming years -- to create ... to get capital markets going in these (CEEU) countries going' 'Another debate that we are ...
- Link between Dubai and Hungarian assets revealed 27 Nov 2009 16:34 GMT
... no direct economic or financial link between Hungary and Dubai, the latter's debt crisis has ... the latter's debt crisis has indirectly affected Hungarian assets, putting downward pressure on asset prices. The ... Greece which has been part of the eurozone for a decade but burdened with spiraling ...
- Neelie Kroes European Commissioner for Competition Policy Hungary and the EU: better together Address at conference organised by the Hungarian Competition Authority - GVH Budapest, 25th November 2009 25 Nov 2009 11:32 GMT
... bring to discussions about the relationship between Hungary and the EU. It doesn't matter when ... very good sign. The good relationship between Hungarian authorities and the European institutions is no surprise, ... growth so that it can join the Eurozone if it wishes, which means that the ...
- Eastern Europe to test the market system 26 Nov 2009 17:33 GMT
... string of elections, including parliamentary polls in Hungary and the Czech Republic and presidential elections in Poland. ... 2007, nearly 5 percentage points above the eurozone. But this year, the European Union’s new ... have allowed fiscal deficits to soar. The EU and the International Monetary Fund have supplied ...
- www.bharatbook.com : Hungary - Telecoms, Mobile, Broadband and Forecasts 21 Nov 2009 10:51 GMT
... > www.bharatbook.com : Hungary - Telecoms, Mobile, Broadband and Forecasts www.bharatbook.com ... financial crisis impacted Hungary significantly with the Hungarian forint devaluing considerably before later stabilising, in ... to turn negative during 2009 and 2010. Inflation is expected to ease due to softening ...
- Hungary faces persistently low inflation, slow recovery - c.bank 25 Nov 2009 11:16 GMT
... hike intentions in check for a long term, Hungary should expect a persistently low inflationary environment, ... the quarters ahead as well, inhibiting the Hungarian economy's recovery from the recession." Consistent with ...
- EU recession over, but sharp contrasts in east 22 Nov 2009 05:47 GMT
... the The situation in Poland, the only EU nation to have enjoyed sustained growth this ... lot of countries such as Latvia or Hungary, where the economies have been in freefall. "In ... January, joining ex-communist Slovenia in the 16-nation eurozone, and is heavily dependent on car and ...
- EU recession over but sharp contrasts in East 23 Nov 2009 05:12 GMT
... 10 ex-communist countries that have joined the EU since 2004. The situation in Poland, the ... lot of countries such as Latvia or Hungary, where the economies have been in freefall. "In ... January, joining ex-communist Slovenia in the 16-nation eurozone, and is heavily dependent on car and ...
- Hungarian cbank warns of higher 2010 budget deficit 25 Nov 2009 11:35 GMT
... BUDAPEST, Nov 25 (Reuters) - Hungary's central bank (NBH) said on Wednesday the ... combined 2.7 percent of GDP, created substantial long-term deficit risk. However, Hungary's reliance on external ... and based on the NBH's forecast, the Hungarian economy can be financed without net external ...
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