Hungary’s new government has announced details of the new Széchenyi Plan - a scheme to support small and medium-sized enterprises - on Wednesday. Economy Minister György Matolcsy named seven “breakout points" at a press conference. The scheme, which will lean on European Union funds, is to be launched...
Metallurgy and the chemical industry were the key drivers of increasing domestic industrial purchasing...
Despite the fact that Hungary had made an earlier commitment to push government deficit below 3% in 2010...
Hungary’s Minister of National Development Tamás Fellegi has appointed the new board and supervisory...
The number of employed rose in Hungary to a six-month high while the number of unemployed dropped to...
Radovan Jelasic, former Governor of Serbia’s central bank, has flatly rejected speculation that...
Moody's Investors Service has on Tuesday placed mortgage covered bonds issued by OTP Jelzálogbank and...
Bawag PSK Bank, the Austrian bank owned by Cerberus Capital Management LP, has agreed with the European...
Hungary will meet the 3.8% of GDP budget deficit target in 2010, but how it will achieve that goal is...
Hungary’s government has revised upward its GDP growth projection for 2011 to 3%, while it expects...
Moody's Investors Service has changed to negative the outlook on the Ba2 Corporate Family Rating (CFR)...
Fitch Ratings does not wish to add anything yet to its opinion issued in early June, despite the disrupted...
The National Bank of Hungary (NBH) has its reservations about the size and purpose of the bank tax, said...
Hungary’s “freeing itself from the IMF" is one step forward towards the nation’s self-determination...
The long awaited EU-wide stress tests showed that only 7 European banks out of 91 flunked the test (one...
The volume of retail sales in Hungary declined by 0.5% in monthly terms in May, according to data adjusted...
The economic sentiment index of Hungary’s GKI has come to -12.9 points in July, unchanged from...
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Based on conversations with policymakers and investors, two analysts at Nomura in London, Peter Attard...
Moody's Investors Service has placed on review for possible downgrade the debt and deposit ratings of...
