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 Friday 30 Jul 2010
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IMF Confident About Hungary's Deficit Goals, Ministry Cuts Recession Fcast For 2010
"Having concluded consultations with missions from the International Monetary Fund (IMF) and the European Commission Hungary has decided to maintain its general government deficit targets unchanged at 3.9% of GDP for 2009 and 3.8% for 2010, Finance Minister Péter Oszkó has told a press conference on Monday. more »

Hungary Forint Firms To Three-Week High vs. Euro Ahead Of IMF Press Conference


Hungary Forint Firms To Three-Week High vs. Euro Ahead Of IMF Press Conference
"Asian markets kicked off today’s trading in amicable atmosphere that will apparently have a favourable influence on Europe, as well. As a result, Hungary’s forint managed to continue where it left off last Friday and firmed to a three-week high versus the euro in the early morning session on Monday. more »

Hungary's Forint Awaits A Barrage Of Macro Data, Especially GDP


Hungary's Forint Awaits A Barrage Of Macro Data, Especially GDP
"Hungary’s forint has started the day on a strong footing as global investor sentiment brightened up. GDP figures in CEE are likely to be the key driving force for the currencies in the region today. more »

Matolcsy Outlines Fidesz Economic View


Matolcsy Outlines Fidesz Economic View
"Hungary will record a much higher deficit than foreseen in the 2010 budget and should con-clude a new agreement with the IMF when the present one expires next October, Fidesz former economy minister György Matolcsy said yesterday. more »
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