Hungary


Hungary News

  • Ukraine Seeks More EU Gas Imports as Russia Demands Billions

    Updated 36 minutes ago

    Ukraine is seeking to import more natural gas from Europe via Slovakia as Russia demands an extra $11.4 billion for contracted fuel and clashes with pro-Russian forces in the country’s east escalate.

  • Hungary Central Bank Takes Step to Boost Local Financing

    Updated 1 hour, 48 minutes ago

    Hungary’s central bank will transform its main policy facility to prod lenders to shift funds into government bonds, with the aim of cutting the country’s external debt and shedding a junk debt rating.

  • Hungary Bonds Rally as Forint Drops on Central Bank Deposit Ban

    Updated 2 hours, 18 minutes ago

    The forint fell for a second day and bonds rose after policy makers announced steps to reduce Hungary’s reliance on foreign financing, backing Prime Minister Viktor Orban’s attempt to improve its junk credit rating.

  • Emerging Stocks Drop on Ukraine as RTS Leads World Losses

    Updated 2 hours, 33 minutes ago

    Emerging-market stocks dropped for a fourth day on concern the crisis in Ukraine will escalate. Russia’s RTS Index led declines among global equity gauges.

  • S&P 500 Futures Rise With European Stocks on Apple

    U.S. equity-index futures rose with European stocks as results from Apple Inc. to Facebook Inc. and Caterpillar Inc. beat analysts’ estimates and investors speculated takeovers will increase. Most commodities rose, while Russian shares fell for a fourth day.

  • OTP to Retain Stability in Worst Russia-Ukraine Scenario

    Updated 2 hours, 47 minutes ago

    OTP Bank Nyrt. would withstand the shock of a widening conflict between Russia and Ukraine, including a worst-case scenario in which Hungary’s largest lender were to lose its investments in the two sparring nations, Chairman Sandor Csanyi said.

  • Ukraine’s Unpaid Russian Gas Bills Dwarf U.S. Aid Offer

    Updated 1 hour, 26 minutes ago

    Ukraine’s best hope for keeping furnaces and factories running through next winter is to store as much natural gas as it can after a U.S. aid pledge fell far short of the nation’s needs.

  • Ukraine’s Unpaid Russian Gas Bills Dwarf U.S. Aid Offer

    Ukraine’s best hope for keeping furnaces and factories running through next winter is to store as much natural gas as it can after a U.S. aid pledge fell far short of the nation’s needs.

  • Hungarian Economic-Sentiment Index Turns Positive After 16 Years

    Hungary’s economic-sentiment index was positive in April for the first time in almost 16 years as business confidence grew and consumers became less pessimistic after Prime Minister Viktor Orban won a second four-year term.

  • Russia Pressures Ukraine on Gas as Biden Pledges Support

    Russia, the world’s biggest natural gas exporter, increased pressure on Ukraine over its $2.2 billion fuel debt as U.S. Vice President Joe Biden voiced support for the smaller country to gain energy independence.

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