Germany has offered Hungary storage space for around 500,000 tonnes tonnes of grain, a quarter of the 2 million tonnes Hungary had requested, Hungary's Agriculture Ministry said on Friday.

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Finance Minister Tibor Draskovics, István Kolber, Minister without portfolio responsible for regional development, and Tamás Erdei, President of the Hungarian Banking Association, signed a letter of intent for the so-called Fészekrakó programme. The government aims at helping the housing problems of young people with the programme.
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Hungary's public deficit for 2004 came to 4.5 percent of gross domestic product (GDP), in line with a target set by the European Union for the new member state, the finance ministry said Friday.
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THE purchase of MobilTel by Telekom Austria, which was launched in November 2004, became the largest private deal Bulgaria has seen in its modern business history.

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Less than half of Hungarians support the country's future entry to the euro zone according to a recent opinion survey, the National Bank of Hungary (NBH) said on Thursday.

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The European Union's intervention stores have received offers totalling 3.24 million tonnes of wheat since opening on Nov. 1, official data showed on Thursday.

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Israeli clothing company Delta Galil Industries has shut down its Hungarian logistics centre due to losses registered at the end of 2004.
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Hungarian oil and gas group MOL announced that on 1 January 2005 it appointed former Yukos senior executive Ray Leonard to lead the company's international upstream activities.

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Sanoma Budapest Kiadói Rt, the Hungarian subsidiary of Finnish magazine publisher Sanoma, and Polish company Payback are setting up an online auction site in Hungary.
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Auto parts maker Linamar Hungary Rt announced yesterday that it has come to an agreement with Opel Hungary Powertrain Ltd, regarding the financial compensation for a Ft 3 billion order cancelled by Opel last year.
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Hungarian Finance Minister Tibor Draskovics said on Thursday a rise of real wages will help household consumption grow in 2005 following a stagnation in 2004.

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Hotels in Hungary operated with a 60% room occupancy in 2004, a 5 percentage point rise over 2003, the Central Statistics Office (KSH) said on Friday. The number of hotels involved in data reporting rose to 182 from 163 during the year.

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Inspired by the popular 1930s song about melancholy and death, the German-made "Gloomy Sunday" ("Ein Lied von Liebe und Tod") is a lush, elegant and fatally romantic melodrama -- a superior soap opera not unlike what Douglas Sirk might have churned out in the 1950s.
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High yield emerging market currencies remained pressure under on Wednesday, having taken a hit from a sharp dollar rebound the previous session.

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Hungarian telecommunications group Matav made the highest bid for a 51 percent stake in Montenegro's state telecom company Telekom Crne Gore, officials said on Wednesday.

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