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 Saturday 11 October 2008
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Veres: Hungary's Rom For Tax Cuts Limited
"Hungary's room for tax cuts next year is much smaller than earlier thought and any reduction must be equalled by expenditure reductions, Finance Minister Janos Veres said on Thursday. more »

Forint Strengthens To 3-Month High


Forint Strengthens To 3-Month High
"The forint strengthened to a three-month peak of Ft 253.3 per euro yesterday, riding an upbeat global mood. The forint hit 162.3 per US dollar, an 11-year high. more »


Forint Firms Further Without Justification


Forint Firms Further Without Justification
"Hungary's forint broke south of a key technical level at around 255.50 this morning and in the afternoon session it was boosted by yet another wave of appreciation, which propelled the HUF to a new 3-m high versus the euro. more »


World No.1 Steel Company ArcelorMittal Boosts Investments


World No.1 Steel Company ArcelorMittal Boosts Investments
"ArcelorMittal, the world leader in the steel industry, has announced that it has increased its investments in Hungary significantly. A new logistic centre with headquarter offices, built at a cost of HUF 1.5 billion (EUR 5.84 m), was inaugurated in the Freeport of Budapest. more »


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