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Hungary Recession News

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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Huge losses at Wizz Air? 27 Nov 2009 09:35 GMT
... No-frills airline Wizz Air has had almost EUR ... management commented only as much as the Hungarian subsidiary was profitable, however the Ukrainian and ... immediately followed by a deepening crisis and recession environment. It is a good sign that ...
Huge losses at Wizz Air? (2) 27 Nov 2009 11:14 GMT
... No-frills airline Wizz Air has had almost EUR ... management commented only as much as the Hungarian subsidiary was profitable, however the Ukrainian and ... immediately followed by a deepening crisis and recession environment. It is a good sign that ...
Moody's downgrades Bulgaria's FIBank 27 Nov 2009 14:17 GMT
... lender by assets DSK Bank, owned by Hungary's banking group OTP. Moody's confirmed DSK Bank's ... currency deposits, all with a negative outlook Hungarian bank MKB's arm in Bulgaria, MKB Unionbank, ... increased credit losses arising from the deepening recession in Bulgaria, which has resulted in higher ...
AAA Auto reports EUR 1.6m profit in Sept 27 Nov 2009 07:15 GMT
... drop of around 20,000 vehicles on the year, due to closing of branches in Hungary and Romania and the economic recession. The sale of cars in Q3 slumped by 36 percent to 9,352 units. The ...
Moody's takes actions on four Bulgarian banks' ratings 27 Nov 2009 09:37 GMT
... increased credit losses arising from the deepening recession in Bulgaria, which has resulted in higher ... from its parent bank -- MKB Rt (Hungary) -- which supports its business growth and provides ...
Hungary faces persistently low inflation, slow recovery - c.bank 25 Nov 2009 11:16 GMT
... As economic recession is likely to keep price and wage ... 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 ...
Recession hits Hungary's "corporate Christmas" as budgets for gifts and parties slashed 24 Nov 2009 09:24 GMT
... Recession hits Hungary's "corporate Christmas" as budgets for gifts and ... wallets comes alongside a move by the Hungarian government to clamp down on holiday expenditures ...
Hungary Monetary Council issues statement on rate reduction 23 Nov 2009 14:54 GMT
... At its meeting, the Monetary Council also discussed the November ... the . The Council's judgement is that Hungarian growth is likely to resume in the ... wages by taking into account the protracted recession and the expected low inflation environment may ...
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 ... shortfall from widening as the country's worst recession in almost two decades curbs revenue. The ... and a hard place at the moment. Hungary's strategy will probably have to be to ...
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 ... from 3.0 percent for 2010. 'The economy's recession has caused a drastic fall in the ... and based on the NBH's forecast, the Hungarian economy can be financed without net external ...
Hungary needs to boost low growth potential - Király 25 Nov 2009 11:35 GMT
... Hungary's biggest "risk point" is its low growth ... today. Hungary is going through its worst recession in almost two decades, with the economy ... would reduce the interest-rate premium demanded for Hungarian assets, making non-forint borrowing less attractive. ...
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 ... to improve. 'Hungary is facing a protracted recession, and consequently the inflationary pressure in the ...
Hungary MOL unveils 2010 plans, gets upgrade by Netixis 24 Nov 2009 15:57 GMT
... The Board of Directors of Hungary's oil and gas group MOL is to ... remains under stringent control due to the recession," MOL added. In upstream, MOL expects daily ... 2010 and a moderate decline on mature Hungarian and Croatian on-shore fields. Meanwhile it projects ...
Hungary c.bank keeps the pace, cuts base rate 50 bps, as expected 23 Nov 2009 13:32 GMT
... Hungary's Monetary Council has lowered its benchmark policy ... the past few months. 2. The deep recession in the economy would also justify much ... sentiment, as well as uncertainties about the Hungarian economy. The importance of this factor is ...
Hungary c.bank surprises mkt, cuts base rate, widens interest rate corridor 23 Nov 2009 14:15 GMT
... Hungary's Monetary Council has lowered its benchmark policy ... the past few months. 2. The deep recession in the economy would also justify much ... sentiment, as well as uncertainties about the Hungarian economy. The importance of this factor is ...

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Inside Europe

Irish Church 'Had Immunity to Conceal Sex Abuse' [27 Nov 2009 - 07:17]
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Central Europe & Balkans News

Lithuania Won't Risk 'Killing' Economy for Euro, Prime Minister Kubilius Says [27 Nov 2009 - 07:17]
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Russia/CIS & Europe News

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World & Europe News

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