Weekly news:

FINANCIAL & ECONOMIC NEWS

MONETARY POLICY

Hungarian rate-setters voted 8-2 to cut rates at Dec 8 extraordinary meeting - minutes

COMPANY NEWS

TRANSPORTATION

Hungarian airline Malev suspends EGM, remains mum on reports of takeover by Aeroflot

PHARMACEUTICALS & HEALTHCARE

Hungarian pharma Egis proposes HUF 120 dividend per share, same as last year

REAL ESTATE

Hungarian hotel occupancy drops sharply to 51.7% in November

ENERGY NEWS

OIL & PETROCHEMICALS

Oman Oil Company acquires additional 7% stake in Hungarian oil MOL, boosts holding to 15.4%

Germany’s HVB boosts stake in Hungarian oil firm MOL to 16.3%

Hungarian retail gasoline prices to fall HUF 2 per liter this week; diesel down HUF 7

GAS

Hungarian local governments team up to buy gas from Emfesz at cheaper rate

UK’s Matra Petroleum sells Hungarian gas assets for USD 0.67 mln

HEAT, POWER & SEWAGE

Hungarian household electricity prices to rise by 2.9% from January 1

Hungarian power group MVM to reduce wholesale electricity prices by 7.6% as of January 1

Prague Energy Exchange to include Hungary-sourced electricity futures as of March 2009

BANKING & FINANCE NEWS

BANKING

Hungary’s Parliament approves HUF 600 bln bank support package

FINANCIAL SERVICES

Hungarian state development bank MFB, Japan’s SBI set up EUR 100 mln private equity fund

FINANCIAL MARKETS

EQUITIES

Budapest Stock Exchange share trading 12–19/12/2008

Budapest Stock Exchange, Indices, 12–19/12/2008

FIXED INCOME

Hungary fixed income benchmark yields 12–19/12/2008

CURRENCY

National Bank of Hungary official exchange rates 12–19/12/2008

Nb: This news report features only the headline of each news.

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