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 "Croatian oil group INA is to tap the market with EUR 200 million worth of convertible bond, half of which to be subscribed by Hungary’s MOL and the other half by the Croatian state and institutional investors, Bloomberg reported on Tuesday, citing local press reports. more » "The European Commission has on Thursday approved a plan by the Hungarian government to provide liquidity support to the country's financial institutions to help them support lending to the economy. more » "No matter how deep Hungary plunges into recession, its consumer prices leaped to a 16-month high in December 2009, according to analysts’ consensus forecast in a Portfolio.hu poll. While CPI was fuelled by tax hikes and rising crude prices, it will turn around swiftly and could drop to below the central bank’s (NBH) medium-term goal of 3.0% already in the second half of 2010, the estimates show. more » "Hungary could join the euro zone in the next four years if the new government formed after elections due in April remains on the track of tight fiscal policy set by the current cabinet, Prime Minister Gordon Bajnai said. more »|
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