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200 Million Dollar Loan - News Articles

Bloomberg.com: Europe
Oct 15, 2008
Bloomberg -
By Simone Meier Oct. 16 (Bloomberg) -- The European Central Bank said it will support the Hungarian central bank's money market operations with as much as 5 billion euros ($6.7 billion) to the Hungarian central bank to help revive the local credit market, which ...
portfolio.hu - Online Financial Journal
Oct 15, 2008
Portfolio, Hungary -
On 10 October 2008 the National Bank of Hungary (NBH) announced new open market operations to support liquidity in the domestic foreign exchange swap market ...
Business Feed Article | Business | guardian.co.uk
Oct 16, 2008
guardian.co.uk, UK -
BUDAPEST, Oct 16 (Reuters) - Hungary's central bank (MNB) said on Thursday it had signed a deal with the European Central Bank (ECB) on repurchase ...
Bloomberg.com: Worldwide
Oct 16, 2008
Bloomberg -
By Simon Kennedy and Christian Vits Oct. 16 (Bloomberg) -- Europe's central banks are intensifying efforts to jolt credit markets back to life. The Bank of England said ...
Bloomberg.com: Worldwide
Oct 16, 2008
Bloomberg -
By Zoltan Simon and Simone Meier Oct. 16 (Bloomberg) -- The European Central Bank said it will lend as much as 5 billion euros ($6.7 billion) to the Hungarian central bank to help unfreeze the local credit market and avoid a further devaluation of the ...
EU central bank gives Hungary access to €5 billion - International Herald Tribune
Oct 16, 2008
International Herald Tribune, France -
AP BUDAPEST, Hungary: The European Central Bank says it has provided its Hungarian counterpart access to up to €5 billion (US$6.7 billion) to help support liquidity in Hungary's foreign exchange swap market. Hungary's currency, the forint, has been under pressure for days ...
portfolio.hu - Online Financial Journal
Oct 16, 2008
Portfolio, Hungary -
The European Central Bank (ECB) and the National Bank of Hungary (NBH) have jointly announced an agreement on repo transactions which will provide the NBH a ...
Q+A: What makes Hungary vulnerable in global crisis? | Reuters
Oct 16, 2008
Reuters -
Oct 16 - Hungary's central bank has signed a 5 billion euro deal with the European Central Bank to boost euro liquidity. Hungary's Prime Minister Ferenc ...
UPDATE 3-Hungary turns to ECB for help to shore up markets | Markets | Bonds News | Reuters
Oct 16, 2008
Reuters -
By Krisztina Than and Gergely Szakacs BUDAPEST, Oct 16 (Reuters) - Hungarian officials took help from the European Central Bank and planned new steps to bolster the banking system on Thursday, bidding to stave off the effects of the financial crisis and avoid becoming ...
portfolio.hu - Online Financial Journal
Oct 16, 2008
Portfolio, Hungary -
The National Bank of Hungary (NBH) has announced on Thursday that it has reached an agreement with primary government securities dealers about their ...
portfolio.hu - Online Financial Journal
Oct 16, 2008
Portfolio, Hungary -
Under an agreement concluded between the National Bank of Hungary (NBH) and the European Central Bank (ECB) on 16 October 2008, the NBH is introducing an ...
ECB Extends an Emergency Loan to Hungary - WSJ.com
Oct 16, 2008
Wall Street Journal -
By MONICA HOUSTON-WAESCH and MARGIT FEHER FRANKFURT -- The European Central Bank rushed to the aid of Hungary Thursday, opening a special repurchase ...
WRAPUP 2-Hungary turns to ECB, cbank acts to boost markets | Markets | Bonds News | Reuters
Oct 16, 2008
Reuters -
By Krisztina Than and Gergely Szakacs BUDAPEST, Oct 16 (Reuters) - Hungary's central bank took help from the European Central Bank and acted to bolster its banking sector on Thursday to stave off the effects of the financial crisis and avoid becoming the next Iceland. ...
ECB to loan 5 billion euros in liquidity to Hungary - MarketWatch
Oct 16, 2008
MarketWatch -
By Polya Lesova, MarketWatch NEW YORK (MarketWatch) -- The European Central Bank said Thursday that it will provide up to 5 billion euros ($6.7 billion) of liquidity to the central bank of Hungary, which is battling turmoil in its financial markets. ...
Hungary signs €5 billion deal with ECB to keep euros flowing - International Herald Tribune
Oct 16, 2008
International Herald Tribune, France -
By Nicholas Kulish and Carter Dougherty BUDAPEST: The Hungarian government struck a deal Thursday to borrow up to €5 billion from the European Central Bank in a bid to avoid becoming - like Iceland - a national victim of the financial crisis. ...
ECB To Hungary's Rescue - Forbes.com
Oct 16, 2008
Forbes, NY -
LONDON - Debt-laden Hungary, which has been trying to shake off fears that it could become the "next Iceland," got a helping hand from the European Central Bank Thursday, in a move that analysts say should help bring confidence back to the market. ...
POLL-Hungary cbank to hold fire on rates after mkts wobble - Forbes.com
Oct 17, 2008
Forbes, NY -
BUDAPEST, Oct 17 (Reuters) - Hungary's central bank (NBH) is likely to keep interest rates on hold on Monday as it juggles improved inflation prospects with the need for caution amid domestic market jitters, a Reuters poll showed on Friday. ...
Bloomberg.com: Europe
Oct 17, 2008
Bloomberg -
By Balazs Penz Oct. 17 (Bloomberg) -- Hungary has a ``near zero'' chance of defaulting on its debt because the government has made the economy less ...
portfolio.hu - Online Financial Journal
Oct 17, 2008
Portfolio, Hungary -
There is practically zero chance of a national bankruptcy in Hungary, central bank (NBH) Governor András Simor said on a commercial TV news programme late on Thursday. Hungary's economy grew much stronger over the past few years ...
Hungary's currency, stock market down sharply - International Herald Tribune
Oct 17, 2008
International Herald Tribune, France -
AP BUDAPEST, Hungary: Rating agency Fitch Ratings downgraded Hungary's outlook to negative from stable on Friday as the effects of the global financial crises increased the country's credit risk. The forint, Hungary's currency, has fallen nearly 20 percent against the ...
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