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The appreciation of Hungary’s forint has come to a halt in early morning trading on Thursday, as the HUF eased to above 262 to the euro. It seems the momentum faded on global markets, as well, but... 

Hungary’s state-owned railway company MÁV will need extra funds of HUF 63.5 billion (EUR 241.65 m) in 2010 and this demands immediate action by the government, local daily Népszabadság reported on... 

FX traders in Budapest who have spoken with Portfolio.hu are generally of the opinion that foreign investors are the driving force behind the recent impressive gain of the forint, which is currently at... 

The spectacular ascent of the Hungarian forint held out all day long on Wednesday, hitting a 15-month peak vs. the euro in the early afternoon CET. The currency was buoyed up by widespread optimism in... 

Once it forms a government, Fidesz is planning to amend Hungary’s National Bank Act, weekly Figyelő claims in an article scheduled for publishing tomorrow. As part of the reshuffle, the National... 

Provided that the new government continues the stringent fiscal policy of the current administration, Hungary should be able to meet the targeted 3.8% deficit-to-GDP rate, Finance Minister Péter Oszkó... 

Two members of Hungary’s Monetary Council were in favour of a 50 bp rate cut while Deputy Governor Júlia Király would have preferred no rate cut at all, the abbreviated minutes of the February rate-setting... 

Hungary’s large external debt and ongoing fiscal consolidation measures have left the country susceptible to external shocks, particularly to developments in Ukraine where Hungarian banks have significant... 

With economic performance below average compared with other EU countries, Hungary is the only country of the Visegrad 4 to have been ranked in the bottom category in the spring edition of the European... 

In line with preliminary data, Hungary’s industrial output grew 8.8% m/m in January, the Central Statistics Office reported. This signals a major upturn for the industrial sector after disappointing... 

While Hungarian investment funds did not see a repeat performance of the previous month’s surge in foreign investment, the HUF 52 billion February report signals stable capital inflow level with... 

The management of the Budapest Stock Exchange is going to submit a proposition of HUF 255 dividend per share for approval to shareholders, which compares with HUF 420 per share a year ago. The annual general... 

The Hungarian forint continued its overwhelming march ahead overnight, driven by market optimism worldwide. Quotes vs. the euro have dipped below 263, getting close to last October’s 262.30. Should... 

Hungary’s State Debt Management Center (ÁKK) is planning to issue government bonds totaling HUF 300 billion in Q2, newswire MTI reported. In addition to the government bonds, Q2 plans include... 

The National Bank of Hungary has concluded a new Euro-based FX swap agreement with the European Central Bank, Portfolio.hu has learned from market source. “We do not wish to comment on market rumors,"... 

Greece needs solidarity that takes the form of financial assistance, and it should be given a helping hand, Hungary’s Prime Minister Gordon Bajnai said in a meeting with Yorgos Papandreou where the... 

The Bank of America-Merrill Lynch has released another positive analyst comment on Hungary. The report argues market concerns over the state of Hungary’s government finances are exaggerated. Market... 

Hungary is putting in a very weak performance, falling behind the other 2004 EU entrants in nearly all economic indicators, Zsigmond Járai said in today’s Hungarian Business Leaders’ Forum... 

Yields have continued to decline at today’s 3-month zero-coupon T-bill auction in Budapest driven by strong demand from buyers. Hungary’s State Debt Management Agency (ÁKK) has received... 

Erste has maintained its earlier “Accumulate" recommendation on Hungary’s Magyar Telekom, along with a target price of HUF 800. Meanwhile the bank’s analyst downgraded TPSA from “Reduce"...