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July 19, 2010

Hungary, Next European Greek-style Country ?

Send by amaran
While it should be noted that Hungary has already been bailed out 2 years ago at the time of credit crisis, borrowing $25bn from the International Monetary Fund(IMF) and the EU. [...]
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July 19, 2010

Hungary And The IMF: Fund To Hungary: Drop Dead (maybe) | The ...

Posted by John Eon
19 Jul 2010 [...]
MONDAY may be a good time to pick up Hungarian assets on the cheap. The IMF and the EU walked away from negotiations with the Hungarian [...]

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July 19, 2010

BBC NEWS | Business | IMF Aid For Ukraine And Hungary

Posted by John Eon
27 Oct 2008 [...]
The IMF agrees to offer a $16.5bn loan to Ukraine and announces an as yet undisclosed package for Hungary.
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July 19, 2010

IMF, EU Suspend Talks With Hungary | Financial News Update

Posted by John Eon
ReutersBUDAPEST - The IMF and EU has suspended a review of Hungary's funding program, set up in 2008 to save the country from financial meltdown, saying it must. [...]
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July 19, 2010

EU Says Hungary Won't Suffer After EU, IMF Break Off Bailout Talks ...

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Hungary must meet strict targets to reduce debt in return for a euro20 billion ($26 billion) loan from the European Union, the IMF and the World Bank. European Commission and IMF officials said in a Saturday statement that they had ?a [...]

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July 19, 2010

Hungary, IMF To Talk In September | Www.bullfax.com

Send by marketmaker
There seems to be no particular element of concern" as regards Hungary's finances, the IMF head told reporters in Luxembourg after a meeting with Luxembourg Prime Minister Jean-Claude Juncker, who heads the Eurogroup of finance [...]

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July 19, 2010

Morning Brief 7/19

Posted by John Eon
CNBC Morning Brief- Monday Monday, Jul. 19, 2010 Morning Brief Extended Hours Free Real-Time Quotes PRE-MARKETS WORLD MARKETS NEWS CNBC TV CURRENCIES MARKET INSIDER SIGN-IN ?Click Here for Currencies, Fair Value and More Pre-Markets Data TODAY'S PRI [...]

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July 19, 2010

UPDATE: IMF: Hungary Continues To Face Fiscal Challenges - WSJ.com

Posted by John Eon
Dow Jones Reprints: This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the [...]

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July 19, 2010

Hungary Bonds, Forint May Fall As IMF Fails To Back Budget Plan ? BusinessWeek

Posted by John Eon
Reuters India Hungary Bonds, Forint May Fall as IMF Fails to Back Budget Plan BusinessWeek July 19 (Bloomberg) ? Hungarian bonds and the currency may fall after the International Monetary Fund and European Union ended talks with the government without endorsing Prime Minister Viktor Orban's plans to [...]

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July 19, 2010

Hungarian Spectrum: Hungarian Negotiations With ECB, IMF, And EU ...

Send by Eva Balogh
Anyone who thought that Viktor Orbn's government would back down after receiving the European Central Bank's response to Budapest's unilateral decision to decrease the salary of the Hungarian National Bank's chairman and his deputies [...]

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July 19, 2010

Forex ? IMF And EU Suspend Talks With Hungary | Forex Strip

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BUDAPEST Suspension of talks means Hungary will not have access to remaining funds in its $25.1 billion loan package, created by the International Monetary Fund and European Union and which it now uses as financial safety net, [...]

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July 19, 2010

Media Point Global Voices In English Hungary: Media Reactions ...

Send by ElnoraMorales
Eva Balogh of Hungarian Spectrum dissects Hungarian and international media reactions to the failure in economic negotiations between Hungary and the IMF and the EU. .. Originally posted here: Global Voices in English Hungary: Media [...]

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July 19, 2010

Hungary Seeks Bailout From EU And IMF | Business

Posted by John Eon
Under its current plan agreed with the IMF, Hungary is committed to keeping its annual budget deficit to 3.8% in 2010, and then below 3% in 2011. Matolcsy now suggests that next year's target may need to be relaxed. [...]

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July 19, 2010

Forint Plummets 2.5% As IMF, EU Halt Talks With Hungary On Budget ...

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Forint Plummets 2.5% as IMF, EU Halt Talks With Hungary on Budget Concerns. July 19th, 2010 forexbook. The Hungarian forint weakened the most in six weeks against the euro after the International? View full post on FF News: Market [...]

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July 19, 2010

DJ News Highlights Top Economic Stories Of The Day | Dow Jones ...

Posted by John Eon
(published 0657 GMT) HUNGARY REFUSES MORE AUSTERITY IN IMF, EU TALKS-MATOLCSY Hungary's talks with the International Monetary Fund and the European Union broke over the weekend broke down over several issues, including the country's [...]

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July 19, 2010

IMF Ends Hungary Visit, Urges Steps For Budget Goals : Newses Japan

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13 minutes ago; [ REUTERS ] [ businessNews ]; IMF ends Hungary visit, urges steps for budget goals; BUDAPEST (Reuters) - A delegation from the International Monetary Fund will return to Washington after talks with Hungarian [...]

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July 19, 2010

Periphery Watch: Hungary Ditches Austerity

Send by Pater Tenebrarum
that attended the rise of the FIDESZ party to power have suddenly intensified as negotiations between Hungary, the EU and the IMF stopped without the lenders endorsing Hungary's budget ? which is tantamount to a failure of the [...]

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July 19, 2010

Q+A - What Next After IMF/EU Suspend Hungary's Review ...

Posted by John Eon
The decision means Hungary, which uses the package as a safety net, [...]
CAN HUNGARY AFFORD TO ESCHEW AN IMF DEAL BEYOND 2010? The government itself has said it [...]

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July 19, 2010

Hungary: IMF And EU Suspend Talks - Dwi Marni Post

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Hungary - International Monetary Fund (IMF) and the European Union eventually suspend to review a Hungarian funding programs implemented since 2008 to save the. [...]
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July 19, 2010

The IMF's Shrinking Appetite | Crikey

Send by Crikey
But IMF and the EU gave short shrift to Hungary's argument that they should agree to the country keeping its budget deficit at 3.8% of GDP in 2011. Instead, the two insisted the deficit be reduced to less than 3% of GDP in order to [...]

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