Hungary
IMF board approves emergency loans for Ukraine, Hungary
Submitted by Marina Dimova on Fri, 11/07/2008 - 08:23.The International Monetary Fund's executive board on Thursday approved emergency loans for Ukraine and Hungary, both of which have found themselves in severe financial jeopardy in amid a global credit
Two Roma fatally shot in attack in Hungarian village
Submitted by William Kaelin on Mon, 11/03/2008 - 22:34.Two members of Hungary's Roma minority died Monday after they were shot as they fled a house set ablaze in a pre- dawn arson attack, authorities said.
Hungarian leader seeks economic crisis plan
Submitted by Marina Dimova on Mon, 11/03/2008 - 14:22.
Prime Minister Ferenc Gyurcsany on Monday proposed a 3.9-billion-euro (5-billion-dollar) crisis plan to boost Hungary's economy.
The move comes after international lenders pitched in over the last
week to help the eastern European nation stave off financial collapse.
Hungary jacks up interest rates to stem financial crisis
Submitted by William Kaelin on Wed, 10/22/2008 - 22:59.Hungary's national bank sharply raised interest rates Wednesday in an emergency bid to defend the country's currency, which has slumped as a result of the global financial crisis.
The bank's policy-making council boosted the key rate to 11.5 per cent from 8.5 per cent at an unscheduled meeting in Budapest, a central bank statement said.
German pensioner hacked to death in Hungary
Submitted by Marina Dimova on Mon, 10/20/2008 - 13:43.Hungarian authorities are investigating the disappearance of a German man who is believed to be the victim of an axe murder.
According to authorities, the 72-year-old man had lived in Hungary for 12 years. His last residence was in Balotaszallas, 150 kilometres south of Budapest.
ECB helps Hungary battle credit crunch
Submitted by William Kaelin on Thu, 10/16/2008 - 20:48.The European Central Bank has agreed to lend Hungary up to 5 billion euros (6.8 billion dollars) to help ease credit conditions, the ECB said Thursday.
The accord will help Hungary's central bank provide extra euro liquidity in the East European nation, the Frankfurt-based ECB said in a joint statement with the Hungarian Central Bank.
EU helps Hungary to deal with the financial crisis
Submitted by Velizar Stoichev on Mon, 10/13/2008 - 13:38.
The European Union expressed today readiness to help the Hungarian government to tackle the crisis on the markets, including in financial plan after the national currency of Hungary - Forint - decr
Hungary train crash kills three, injures 30
Submitted by William Kaelin on Mon, 10/06/2008 - 21:02.A passenger train slammed into the back of a another near Budapest on Monday, killing at least three people and injuring 30 others, a news agency reported.
Several victims were critically injured when a local train struck the last car of an intercity train headed to the Hungarian capital from the eastern city of Debrecen, Hungary's MTI agency said.
London - Aero-engine maker Rolls-Royce said Thursday it would cut up to 2,000 jobs worldwide as a result of the current economic "uncertainties."
Washington - Buying a new computer usually involves comparing models. Comparisons are more difficult than they used to be, as the number of choices has grown and manufacturers have started marketing computers with specific uses in mind.
Indian authorities have issued a birth certificate to a Japanese baby born to an Indian surrogate mother, easing the way for her Japanese father to take her home, news reports said Saturday.
