International news sources report on Hungarian business and economy.
Bloomberg
Hungary to Cut Record Rate Once More, Survey Shows
”Hungarian monetary policy makers, who yesterday cut the country’s benchmark interest rate to a record low, may decrease borrowing costs one more time before ending the easing cycle, according to a survey of economists.”
Click here to read:
www.businessweek.com/news/2010-02-23/hungary-to-cut-record-rate-once-more-survey-shows-update1-.html
AP
Hungary Sees Economy Improving, Budget Gap in Line
”Rising exports will help Hungary's economy contract less than expected in 2010, Finance Minister Peter Oszko said Monday. Oszko said the economy is expected to shrink by 0.2 percent this year, somewhat less than the earlier forecast for a 0.3 percent contraction. The favorable revision was based on rising exports, Oszko said.”
Click here to read:
www.forbes.com/feeds/ap/2010/02/15/business-eu-hungary-economy_7356919.html
The New York Times
In Hungary, Potential Lessons for Greece
”Despite the fiscal crisis engulfing Greece and some other Southern European nations, Hungary is more committed than ever to adopting the euro as soon as possible, its caretaker prime minister said this week, even if that means enduring a further bout of austerity to reach the goal.”
Click here to read:
http://www.nytimes.com/2010/02/20/world/europe/20iht-hungary.html
