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Hungary seeks 15-20 billion euro IMF/EU credit line: official
BUDAPEST (Reuters) - Hungary is seeking an international credit line of 15 to 20 billion ($20 to $26.3 billion) euros, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying. Hungary is seeking backup from the International Monetary Fund and the European Union to reassure investors it has financing even if it gets cut off from debt markets ...

Hungary seeks '€20bn credit line'
Hungary is seeking an international credit line of €15 to 20 billion, the secretary of state heading the prime minister's office, Mihaly Varga, was quoted as saying today.

Hungary Seeks EU/IMF Credit Line of 15 Billion to 20 Billion Euros: Official
Hungary is seeking an international credit line of 15 billion to 20 billion euros ($20 billion to $26.3 billion), the secretary of state heading the prime minister's office, Mihaly Varga, was quoted on Saturday as saying.

Hungary seeks €15-€20b IMF/EU credit line
BUDAPEST, Feb 5 — Hungary is seeking an international credit line of €15-€20 billion (RM59.4-RM79.2 billion), the secretary of state heading the prime minister’s office, Mihaly Varga, was quoted yesterday as saying. Hungary is seeking backup from the International Monetary Fund and the European Union to reassure investors it has financing even if ...

Hungary Credit Downgraded Over Economy Fears
Hungary has had its credit rating downgraded to junk status by the agency Fitch because of growing concerns over its economy. Fitch is following similar moves made by the other two ratings agencies, S ...

EU ministers support stopping credit flow to Hungary
BRUSSELS - European Union finance ministers Tuesday paved the way for starting proceedings for freezing EU funds for Hungary from 2013 by endorsing the European Commission's view that Budapest had not done enough to get its deficit back within the desired 3.0 per cent of GDP threshold.

Hungary’s Malev Folds Amid Euro Crisis
Malev Zrt., the state-owned Hungarian airline founded in 1946, ceased flying after the government withdrew financing, becoming the second victim of European austerity measures in a week after the collapse of Spanair SA.

Hungary’s Malev Folds as Euro Crisis Claims Second Carrier
Malev Zrt., the state-owned Hungarian airline founded in 1946, ceased flying after the government withdrew financing, becoming the second victim of European austerity measures in a week after the collapse of Spanair SA.

Hungary says IMF talks have no 'preconditions'
(BUDAPEST ) - Talks on a credit line between Hungary and the International Monetary Fund and the European Union will be held without "preconditions," a government spokesman told state television on Friday.

Hungary's airline Malev grounded
Bankrupt Hungarian flag-carrier Malev grounds fleet after two aeroplanes seized, as Ryanair and other budget carriers announce new routes to Budapest Hungary's dire financial predicament was laid bare today when its national airline Malev went bust and grounded all flights after failing to find a solution to "unsustainable" liabilities estimated at €550m (£460m). Sources say Malev collapsed ...

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