PRESS MONITOR

International news sources report on the Hungarian economy and business environment.

Reuters
Hungary under Pressure to Agree With IMF
" ’We have told our partners that further austerity packages were out of the question,’ [Minister of Economy, György] Matolcsy said, adding the government wanted to meet this year's budget deficit target of 3.8 percent of GDP, but needed the planned tax on banks to do so.”
www.reuters.com/article/idUSTRE66I3RG20100719

protfolio.hu
Hungarian Power Exchange Goes Live Today
„The Hungarian organized electricity market is to hold its first auction on Tuesday. The first price reports are to be published at 10:55 CET at the earliest.”
portfolio.hu/en/cikkek.tdp

News Monitoring