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Central Europe IMF News is an EIN News Service for banking industry professionals. Constantly updated news and information about Central Europe Banking.
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  • Euro adoption not in sight for Hungary because of bulging debt - EBRD Director 25 Nov 2009 08:48 GMT
    ... Although the Hungarian government is fiscally prudent, it has a small ... a goal deemed achievable by both the IMF and the European Commission. "The government is fiscally quite prudent ... European nations such as Poland and the Czech Republic. Poland gave up its 2012 target ...

  • Learning how to count to 350 25 Nov 2009 01:05 GMT
    ... organizing, steadfastness, astonishing courage, and imagination, Poland, Czechoslovakia, and Hungary also slipped out of the ... to pay off its debts to the International Monetary Fund (IMF), that earlier instrument for imposing free-market ideology and corporate ...

  • ANALYSIS-Romania election shows fragile support for reforms 25 Nov 2009 10:15 GMT
    ... Romania's 20 billion euro loans from the International Monetary Fund. The gridlock may also hold up modernisation ... party, the Liberals (PNL), and the ethnic Hungarian grouping UDMR. The alliance would enjoy the ... budget-making rules, both crucial elements of the IMF aid package. But stability offered by Geoana, a ...

  • National Bank sees fiscal gap at 4% of GDP in '09, higher in '10 25 Nov 2009 11:16 GMT
    ... higher in '10 The National Bank of Hungary (NBH) expects Hungary's government deficit according to ... and 3.7pc of GDP in 2010. The International Monetary Fund (IMF) predicts 3,9pc for this year, 3.8pc next year ...

  • Twenty Years After Revolution Romania Grapples with Future 25 Nov 2009 01:16 GMT
    ... half-starving. Unlike Poland, which had Solidarity, or Czechoslovakia, where Vaclav Havel was the natural choice ... year and had to look to the International Monetary Fund for a $30 billion bailout. The country ... no state budget for 2010 and the IMF has delayed disbursing its next scheduled loan payment of ...

  • PM says 2010 will be "tough" year, says employment recovery to lag 25 Nov 2009 09:20 GMT
    ... PM says 2010 will be "tough" year, says employment recovery to lag Although Hungary's economy may restart growing in the second ... the second half of 2010 and the IMF prognosticated a 4 percent GDP growth for 2011, ...

  • Around 1200 European Socialists to meet in Prague in December 24 Nov 2009 08:59 GMT
    ... December 7-8 and elect its new leaders, Czech Social Democrat (CSSD) chief manager Jiri Havlicek ... Sachs, adviser to the U.N. Secretary General, International Monetary Fund President Dominique Strauss-Kahn and World Trade ... in the congress will include the British, Slovak and Spanish prime ministers, Gordon Brown, Robert ...

  • Jobless toll to rise again, says IMF, as leaders vie for votes 24 Nov 2009 00:42 GMT
    ... then is the meaning of this: "The IMF chief said he owed a debt of gratitude ... pinned hopes for a recovery on the International Monetary Fund after Kaupthing hf, Landsbanki Islands hf and ... there with economic disaster areas like Estonia, Hungary and even Cyprus. Prudence Brown ? more ...

  • Hungary c.bank should do more for growth-opposition 24 Nov 2009 11:33 GMT
    ... BUDAPEST, Nov 24 (Reuters) - Hungary's central bank should take more responsibility for ... markets and drove the country to seek IMF support. But Fidesz has urged deeper cuts to ...

  • Deepening economic crisis in Eastern Europe 24 Nov 2009 09:04 GMT
    ... for Reconstruction and Development (EBRD) and the International Monetary Fund (IMF) are warning of the danger of further economic ... smallest countries in the region, Slovenia and Slovakia, have thus far introduced the euro. Eight ...

  • Romania's President Wins First Round Of Controversial Election 24 Nov 2009 09:56 GMT
    ... Stefan J. Bos, Chief International Correspondent BosNewsLife BUCHAREST/BUDAPEST )--Â Latest official results show that Romanian ... monitored by the European Union and the International Monetary Fund. They postponed installments of a $30 billion IMF-led loan to the country citing political concerns after ...

  • I.M.F. Chief Warns Against 'Premature Exit' From Stimulus Programs 24 Nov 2009 20:50 GMT
    ... PARIS — The chief of the International Monetary Fund urged the world's major economies ... transactions. Meanwhile, the announcement last week by Hungary that it would forgo the next installment of ...

  • Two Anniversaries 24 Nov 2009 02:33 GMT
    ... place in the streets, not of Berlin, Prague or Bucharest, but Seattle: the demonstrations at the ... its corporate-controlled brethren — the World Bank, International Monetary Fund, Organization for Economic Cooperation and ...

  • UPDATE 1-Romania leftist bets on govt plans ahead of election 24 Nov 2009 16:35 GMT
    ... 20 billion euro package led by the International Monetary Fund by nominating a prime minister ... minister. A small parliament grouping of ethnic Hungarians has also pledged support for Johannis. "We ...

  • California Scheming 24 Nov 2009 22:46 GMT
    ... Activists demand a foreclosure freeze, renegotiated loans and a bailout for ... increasing privatization--in Austria, Canada, France, Germany, Greece, Hungary, Israel, South Africa, Spain and the United ... by citizens of developing countries subject to IMF-imposed austerity programs, sacrificing their futures for the ...


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