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Friday 10 Feb 2012
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IMF Report About Hungary Bristles With Warnings
"Hungary's economy may see slight growth at best this year, as the country remains highly vulnerable due to the high state debt and its exposure to the euro zone crisis, the IMF writes in its latest report on Hungary, released last week. The IMF advises the government in its report to make economic policy predictable to regain the confidence of investors and to continue with structural reforms. more »

Hungarian PM Orban Offers Assurances In WSJ Interview


Hungarian PM Orban Offers Assurances In WSJ Interview
"Prime Minister Viktor Orban exuded optimism about the possibility of reaching a quick agreement with the IMF on a loan in an interview with the Wall Street Journal. “We have clarified all issues. There are at the same time some differences of opinion, but I am very optimistic. I think we are very near to our goals,” Orban said regarding his Tuesday talks with European Commission President Jose Manuel Barroso. more »

Malév Crisis: Emergency Liquidity Plan, Extremely Limited Room For Manoeuvre


Malév Crisis: Emergency Liquidity Plan, Extremely Limited Room For Manoeuvre
"During today’s meeting of the Board of Directors, Chief Executive Officer of Malév Lóránt Limburger informed the Board that despite the continually improving commercial results the financing of activities had become unviable and was unresolved from the end of January. At the same time, talks with ILFC on Friday had proved successful after agreement was reached that the American leasing corporation would continue to make the aircraft available for continuous operations. more »

Support Drops For Fidesz And Socialists In Hungary


Support Drops For Fidesz And Socialists In Hungary
"Support for Fidesz among decided party voters dropped from 40% in December to 37% this month, according to a Tarki poll. The Socialists and Jobbik are level at 23% support, the former falling from 25% to 23%, the latter rising from 22% last month. more »
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