Hungary

Chinese officials visit Hungary amid tight security

ChinaBudapest  - A delegation of Chinese officials led by Jia Qinglin, a high-ranking member of the Chi

Hungary's Magyar Telekom sees income jump by 39.5 per cent

Budapest - Hungarian telecommunications firm said Thursday that its consolidated first-quarter net income rose by 39.5 per cent to 22.2 billion forints (134.52 million dollars), beating analyst exp

Hungarian premier says government must resign if it loses key bills

Hungarian Prime Minister Ferenc GyurcsanyBudapest - Hungarian Prime Minister Ferenc Gyurcsany on Wednesday said his minority government would have to resign if opposition parties managed to push through a proposed bill on a flat- tax.

"If parliament were to adopt a tax law with the support of the opposition parties and opposed by the Socialists, it would end our governance," he told foreign journalists at a press conference.

Hungary's OTP closes purchase of Russian bank

Budapest  -  Hungary's top bank OTP on Wednesday said it had closed the 40.95-million-dollar purchase of Russia's Donskoy Narodny Bank.

Hungary's coalition finally splits

SZDSZ partyBudapest  - Hungary's ruling coalition held its final cabinet session Wednesday as the juni

Hungary's central bank raises interest rates to 8.25 per cent

Budapest  - Hungary's central bank on Monday raised interest rates by 25 basis points to 8.25 per cent, in line with analyst expectations.

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