NEWS

Hungary’s foreign trade deficit EUR 365 mln in July, up from preliminary

Hungary’s top oil company MOL fined EUR 23 mln under EU-wide paraffin wax cartel case

Hungary’s current account deficit EUR 1.84 bln in Q2

STATISTICS

Hungary’s draft 2009 budget foresees HUF 975.9 bln deficit

UPDATE: Hungary’s Monetary Policy Council holds base rate at 8.50%, as expected

Hungary’s unemployment rate 7.5% in June–August, up 0.3 pp y/y

Hungary’s unemployment rate 7.5% in June–August, up 0.3 pp y/y

POLITICS

Hungarian government introduces new incentive package to support SMEs

COMPANY NEWS

REAL ESTATE

PRESS: Italian developer Bellavista to build golf course in Romania

PRESS: Israeli developer Afi Europe to invest EUR 25 mln in Romanian hotel

PRESS: Spanish developer Harmonia Grupo to invest EUR 55 mln in Romanian projects

Greek developer Panhol Developments to invest EUR 70 mln in mixed-use Romanian project

PRESS: Romanian shopping center market expands faster than retailers

Hungary to announce tender for Taszar airport property

Hungary’s Gestor, Belgium’s BPI to build EUR 45 mln mixed project in Hungarian capital Budapest

Romanian construction permits up 11.2% y/y in January-August

Warsaw-listed Israeli developer GTC to develop chain of Galleria malls in Romania

Swiss cement maker Holcim receives construction permit for new Hungarian factory

Romanian developer RRD to build 45,000 sqm mall in Tulcea

PRESS: Romanian developer Mega Company delays EUR 80 mln outlet center opening

Hungarian developer Biggeorge’s to start building HUF 20–25 bln airport in 2009

U.K. developer Modus receives zoning permit for EUR 450 mln Romanian shopping center

Israeli-owned developer Plaza Centers to invest EUR 80 mln in Romanian mixed project

Hungarian property developers team up to promote Budapest region abroad

ENERGY NEWS

OIL & PETROCHEMICALS

Hungarian retail gasoline prices to fall HUF 2 per liter this week; diesel unchanged

GAS

PRESS: Romanian gas distributor Butan Gas expects to up revenues 47% y/y to EUR 100 mln in ’08

HEAT, POWER & SEWAGE

Hungary’s new nuclear power plant block to be discussed in Parliament in spring 2009

Hungarian power groups MVM, Matrai to build HUF 200-bln lignite-fired plant in Northern Hungary

ALTERNATIVE ENERGY

PRESS: Germany’s Deutsche Bank to finance Romanian renewable energy projects

BANKING & FINANCE NEWS

BANKING

Hungarian bank OTP plans Warsaw Stock Exchange debut by end-2008

EMERGING MARKETS NEWS HIGHLIGHTS

Naftogaz Ukrainy, Gazprom to soon sign gas contracts – Tymoshenko

NATO eastward expansion not corresponding with real threats is dangerous – Lavrov

Medvedev upbeat about Russian-German relations (Part 2)

Countries unrelated to Nord Stream project should not hinder its development – Russian president

Relatives of Poles shot in Katyn get access to classified documents (Part 2)

Strategic nuclear deterrence forces must be strengthened - Medvedev (Part 2)

U.S. missile shield targets Russia – former Russian Chief of Staff Baluyevsky

Georgian ambassador to Russia leaves Saakashvili team

FINANCIAL MARKETS

EQUITIES

Budapest Stock Exchange share trading 26/09–03/10/2008

Budapest Stock Exchange, Indices, 26/09–03/10/2008

FIXED INCOME

Hungary fixed income benchmark yields 26/09–03/10/2007

Hungary fixed income benchmark yields 03/10/2007

CURRENCY