Hungary's debt manager plans net treasury bond issues of HUF 742bn in 2011, MTI news agency reported from the news conference of the authority. The debt manager said its calculations showed a net financing requirement of HUF 860bn in 2011, including HUF 689bn for the Treasury and HUF 171bn for the balance of EU transfers. The net interest expenditures are planned at HUF 1.004tn in 2011, virtually unchanged from the HUF 998bn level in 2010. The new foreign currency debt is planned to correspond to the amount of maturing forex debt and will stand at EUR 4bn. |
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Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more