PRESS MONITOR

International news sources report on Hungarian business and economy.

Bloomberg

Hungary to Present Economic Plan, Euro Target to IMF, Varga Tells Hirlap
“Hungary will present economic plans and forecasts to International Monetary Fund officials that will help the country qualify for euro adoption, Magyar Hirlap reported, citing an interview with Mihaly Varga, the prime minister’s chief of staff.”
www.bloomberg.com/news/2010-06-28/hungary-to-present-economic-plan-euro-target-to-imf-varga-tells-hirlap.html

Financial Times

Hungary Considers Setting up a New Fund to Help Forex Borrowers
“The forint’s precipitous fall against the Swiss Franc continued on Monday, adding to concerns about the 1.5m Hungarian borrowers whose foreign currency loans have become more difficult to repay.”
blogs.ft.com/beyond-brics/2010/06/28/hungarys-new-crowd-pleasing-government-foots-the-forex-bill/

 

News Monitoring