Weekly news:
FINANCIAL & ECONOMIC NEWS
MONETARY POLICY
Hungary’s Monetary Council voted 6-3 in March to hold rates vs. 100 bp hike - minutes
STATISTICS
Hungary posts HUF 309.4 bln budget deficit in March, below forecast
COMPANY NEWS
MANUFACTURING
Hungarian automotive firm Raba audited 2008 figures show deeper loss on property item
RETAIL & CONSUMER GOODS
Hungarian online retailer Bookline acquires country’s leading online DVD store DVDrent.hu
REAL ESTATE
Hungarian investor to build HUF 13 bln hotel in Budapest as part of Zara chain
OTHER COMPANY NEWS
Hungary’s Sziget festival to operate with HUF 2.7 bln budget in 2009, adapt to address crisis
ENERGY NEWS
OIL & PETROCHEMICALS
Budapest’s attempts to politicize MOL-Surgutneftegaz deal counterproductive – Russian official
Hungarian president Solyom expresses concern over Russian share deal in oil firm MOL
Hungarian oil MOL plans to pay no dividend, shore up takeover defenses at AGM
Hungary’s Foreign Ministry summons Russian ambassador over MOL-Surgutneftegas deal
Hungarian retail gasoline, diesel prices to fall HUF 2 per liter this week
IT & TELECOMMUNICATIONS
LANDLINE/MOBILE TELECOMS
Hungarian broadband Internet subscriptions up 13% y/y in February
BANKING & FINANCE NEWS
BANKING
Hungarian mortgage bank FHB signs strategic cooperation with insurer Allianz
Hungary’s top bank OTP to pay no dividend after 2008 profits, confirms 2009 targets
CAPITAL MARKETS
National Bank of Hungary official interest rates – 10/04/2009
FINANCIAL MARKETS
EQUITIES
Budapest Stock Exchange share trading 03–10/04/2009
Budapest Stock Exchange, Indices, 03–10/04/2009
FIXED INCOME
Hungary fixed income benchmark yields 03-10/04/2009
Hungary fixed income benchmark yields 10/04/2009
CURRENCY
Hungarian currency loses ground Friday to EUR/HUF 290.1, still up sharply on week
National Bank of Hungary official exchange rates – 03-10/04/2009
Nb: This news report features only the headline of each news.
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