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

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  • WB: 20-year market reforms in Europe and Central Asia deprived them of future 7 Nov 2009 10:50 GMT
    ... Berlin Wall. The report, Turmoil at Twenty: Recession, Recovery, and Reform in Central and Eastern ... the Czech Republic, Estonia, FYR Macedonia, Georgia, Hungary, Kazakhstan, Kosovo, the Kyrgyz Republic, Latvia, Lithuania, Moldova, ...

  • The Modest Superpower 7 Nov 2009 15:50 GMT
    ... Germany, unexpectedly beat America out of the recession, thanks to a rebound in exports and ... the currencies of smaller EU countries like Hungary and Latvia began to teeter, the European Central ...

  • WRAPUP 1-Hungary, Czech imports plunge to drag on recovery 6 Nov 2009 12:17 GMT
    ... Krisztina Than BUDAPEST, Nov 6 (Reuters) - Hungarian and Czech imports continued to fall in ... only limited prospects for a near-term recovery. Hungary and nearby Czech Republic, both small, open ... European markets, are struggling with a painful recession this year as demand for their manufactured ...

  • 12 months on the IMF's ventilator, Hungary still clings on to being No.1 6 Nov 2009 15:52 GMT
    ... International Monetary Fund's (IMF) credit facility for Hungary was launched one year ago to the ... As a response to the deeper-than-expected local recession, Hungary was allowed to take the 2009 ... Portfolio.hu in a recent interview that the Hungarian cabinet has a small room to manoeuvre ...

  • Hungary posts hefty trade surplus in Sept - Balance there is; now it would be time for growth... 6 Nov 2009 10:16 GMT
    ... Hungary posted another huge foreign trade surplus of EUR ... Hungary's export is suffering due to global recession, while there is no demand for imported ...

  • EBU urges rethink of cuts to Hungary's public broadcaster 6 Nov 2009 19:20 GMT
    ... reconsider massive cuts to the budget of Hungarian Television (Magyar Televisio, MTV) next year. The ... would fundamentally damage public service broadcasting in Hungary and prevent MTV from carrying out its ... cuts in the wake of the global recession, it is clear that what is envisaged ...

  • Sanoma's Interim Report 1 Jan-30 Sept 2009: Reshaping for the Future 6 Nov 2009 06:35 GMT
    ... translation effects of especially Russian Rouble and Hungarian Forint. Advertising sales decreased in all countries, ... decreased in all countries, especially in Russia, Hungary and Ukraine. Sanoma Magazines International reacted quickly ... figures in the third quarter. - The recession in the Baltic countries affects sales in ...

  • Beyond the Wall 6 Nov 2009 13:35 GMT
    ... already ceased to exist in Poland and Hungary,'' Brown told the ''What made all of ... first European Union nations to emerge from recession, under the leadership of a politically diverse ...

  • A gem of an asset class? 6 Nov 2009 12:22 GMT
    ... particularly because markets haven't priced in a recession yet. It will get worse if and ... These would include the Baltic countries, Turkey, Hungary and South Africa, all of which have been ...

  • Contingent labour utilised sparingly 6 Nov 2009 02:34 GMT
    ... Forseth said: “As SA emerges from the recession, employers’ natural instinct will be to exercise ... workers, compared with the average 22%, while Hungary was ranked the highest at 38,1% and Poland ...

  • Twenty years since the fall of the Berlin WallStatement of the Bund Sozialistischer Arbeiter, October 18, 1989'Part 2Overthrow the Stalinist bureaucracy!Build workers' councils in East Germany! 6 Nov 2009 06:16 GMT
    ... the Spiegel scandal and the first great recession, the bureaucracy in East Berlin always provided ... Jaruzelski in Poland and the Stalinists in Hungary. In doing so, Gorbachev is drawing the conclusions ...

  • One day in Berlin changed the world 6 Nov 2009 11:44 GMT
    ... last year was avoided, although a troubling recession continues. The political ground has shifted, though. ... and democratic election in a Communist nation. Hungary had already opened its border with Austria. Afterward ...

  • EBRD says Hungary may need further spending cuts 2 Nov 2009 16:53 GMT
    ... its fresh Transitions Report 2009 measures the Hungarian government has taken to contain the country's ... fiscal deficit in the wake of the recession and the crisis in external capital markets, ... cuts in 2010. "Over the medium term, Hungary's key challenge remains that of ensuring public ...

  • UPDATE 1-Hungary bank 2009 loan losses to triple -cenbank 4 Nov 2009 10:42 GMT
    ... base case BUDAPEST, Nov 4 (Reuters) - Hungarian banks' loan losses will triple this year ... deterioration is mainly a consequence of economic recession," the bank said. "In 2009, the loan ... and by sharply rising unemployment for households." Hungary's economy is expected to shrink by 6.7 ...

  • Hungary makes things hard for foreign investors 5 Nov 2009 16:52 GMT
    ... past 20 years. To escape the current recession it will need more of it. But ... opposite direction, as several recent incidents in Hungary illustrate. The body that administers Hungary’s airwaves, ORTT, ...


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