515 result(s) for state debt
North Korea Asks Hungary, Czech Republic To Clean Debt Slate
- 23 Aug 2010 1:00 AM
- business
"North Korea asked Hungary to write-off more than 90% of its outstanding debt, the Financial Times reported, citing the Economy Ministry as the source. The revelation follows a report from last week that Pyongyang had asked the Czech Republic to write-off 95% of its 186 million koruna (USD 10 m) debt. The FT said the requests are "the latest indication of the secretive totalitarian regime’s ...
Hungarian Gov’t Sticks With Current Malev CEO
- 10 Aug 2010 1:00 AM
- travel
"The cabinet has confidence in Malev CEO Martin Gauss, whose role is to carry out the instructions of the airline's owners to the best of his ability, including on the reshuffled board, of which Gauss is a member, the National Development Ministry told Nepszabadsag.
US GDP Data Leaves Hungary's Forint Unfazed
- 2 Aug 2010 1:02 AM
- business
"As global investor sentiment turned sour, Hungary’s forint started to ease in the morning on Friday. By early afternoon, however, it has regained some strength.
Hungary PM Orbán Sees Single Deficit Cut Deadline For EU Members, Distances From IMF
- 27 Jul 2010 2:00 AM
- current affairs
"Hungary’s "freeing itself from the IMF" is one step forward towards the nation’s self-determination, said Prime Minister Viktor Orbán. When the country’s stand-by arrangement with the Fund expires in October, Hungary will have no business with the lender, he added. Orbán stressed that the salary of the central bank’s chief is a sovereign issue and neither the EU, nor the IMF has a say in it.
Merkel Sends Unequivocal Message To Hungary After Talks With PM Orbán
- 22 Jul 2010 1:00 AM
- current affairs
"The (Maastricht) criteria set in the European Union’s Stability and Growth Pact apply for every member state, including Hungary, said German Chancellor Angela Merkel at a press conference after meeting with Hungary’s Prime Minister Viktor Orbán, Reuters reported. Orbán underlined that his country has been a champion as far as fiscal consolidation goes.
Hungarian Forint Silently Sneaks To New Peaks On Global Market Confidence
- 12 Jul 2010 2:00 AM
- business
"Propelled by a continued, if slight, improvement in investor confidence, the Hungarian currency soared to a 2-week high effortlessly, the EUR/HUF rate stood dropped below the 280 mark on Friday afternoon in Europe.
Hungarian Forint Stable As Czech Koruna Gathers Speed
- 6 Jul 2010 2:00 AM
- business
"Monday witnessed minor fluctuations in the exchange rate of the Hungarian forint vs. major currencies, without a clear trend or direction. The lack of interesting developments reflects tranquillity in global markets as US markets remained closed for the day. Meanwhile the Czech koruna, typically the most stable of CEE currencies, has gained over 0.5%.
Hungarian MFB Squads Raid Infrastructural Firms
- 6 Jul 2010 1:00 AM
- business
"The government ousted eight CEOs of state-owned companies overseen by the state development bank MFB with simultaneous “commando raids” on three infrastructural companies on Friday, index.hu reported.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.
North Korea Asks Hungary, Czech Republic To Clean Debt Slate
- 23 Aug 2010 1:00 AM
- business
"North Korea asked Hungary to write-off more than 90% of its outstanding debt, the Financial Times reported, citing the Economy Ministry as the source. The revelation follows a report from last week that Pyongyang had asked the Czech Republic to write-off 95% of its 186 million koruna (USD 10 m) debt. The FT said the requests are "the latest indication of the secretive totalitarian regime’s ...
Hungarian Gov’t Sticks With Current Malev CEO
- 10 Aug 2010 1:00 AM
- travel
"The cabinet has confidence in Malev CEO Martin Gauss, whose role is to carry out the instructions of the airline's owners to the best of his ability, including on the reshuffled board, of which Gauss is a member, the National Development Ministry told Nepszabadsag.
US GDP Data Leaves Hungary's Forint Unfazed
- 2 Aug 2010 1:02 AM
- business
"As global investor sentiment turned sour, Hungary’s forint started to ease in the morning on Friday. By early afternoon, however, it has regained some strength.
Hungary PM Orbán Sees Single Deficit Cut Deadline For EU Members, Distances From IMF
- 27 Jul 2010 2:00 AM
- current affairs
"Hungary’s "freeing itself from the IMF" is one step forward towards the nation’s self-determination, said Prime Minister Viktor Orbán. When the country’s stand-by arrangement with the Fund expires in October, Hungary will have no business with the lender, he added. Orbán stressed that the salary of the central bank’s chief is a sovereign issue and neither the EU, nor the IMF has a say in it.
Merkel Sends Unequivocal Message To Hungary After Talks With PM Orbán
- 22 Jul 2010 1:00 AM
- current affairs
"The (Maastricht) criteria set in the European Union’s Stability and Growth Pact apply for every member state, including Hungary, said German Chancellor Angela Merkel at a press conference after meeting with Hungary’s Prime Minister Viktor Orbán, Reuters reported. Orbán underlined that his country has been a champion as far as fiscal consolidation goes.
Hungarian Forint Silently Sneaks To New Peaks On Global Market Confidence
- 12 Jul 2010 2:00 AM
- business
"Propelled by a continued, if slight, improvement in investor confidence, the Hungarian currency soared to a 2-week high effortlessly, the EUR/HUF rate stood dropped below the 280 mark on Friday afternoon in Europe.
Hungarian Forint Stable As Czech Koruna Gathers Speed
- 6 Jul 2010 2:00 AM
- business
"Monday witnessed minor fluctuations in the exchange rate of the Hungarian forint vs. major currencies, without a clear trend or direction. The lack of interesting developments reflects tranquillity in global markets as US markets remained closed for the day. Meanwhile the Czech koruna, typically the most stable of CEE currencies, has gained over 0.5%.
Hungarian MFB Squads Raid Infrastructural Firms
- 6 Jul 2010 1:00 AM
- business
"The government ousted eight CEOs of state-owned companies overseen by the state development bank MFB with simultaneous “commando raids” on three infrastructural companies on Friday, index.hu reported.
Hungary To Seek Precautionary Deal With IMF - Szapáry
- 1 Jul 2010 1:20 AM
- business
"Hungary is seeking to sign a new, precautionary loan agreement with the International Monetary Fund (IMF), said György Szapáry, a key advisor to Prime Minister Viktor Orbán, in an interview with fn.hu on Wednesday.