IMF-EU delegation gives Hungary good marks but says further measures necessary
IMF-EU delegation gives Hungary good marks but says further measures necessary
Hungary’s government has taken sufficient measures to stabilize the economy, but a strict fiscal policy as well as maintaining risk reserves is still necessary, and further measures must be taken in 2011 to bring the general government deficit under 3% of GDP, IMF delegation head James Morsink said, after a review of Hungary’s progress meeting the conditions of a €20 billion financial support …
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Categories: Loan Unify Tags: delegation, further, Gives, good, Hungary, IMFEU, marks, measures, necessary, Says
Australia Treasury says Indonesia won’t need loan
Australia Treasury says Indonesia won’t need loan
CANBERRA, Feb 11 (Reuters) – Indonesia is not expected to draw on an emergency $1 billion loan from Australia to finance its budget because the economic outlook there has improved, Australian Treasury officials said on Thursday.
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Categories: Loan Unify Tags: Australia, Indonesia, Loan....................................., Need, Says, Treasury, won't
TAYLOR: War museum can stay, but office space must go, city says
TAYLOR: War museum can stay, but office space must go, city says
TAYLOR — Councilman Herman Ramik said the American Warriors Museum at City Hall might have to close its doors or move.
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Fed’s Tarullo Says Regulators Need More Data Powers (Update2)
Fed’s Tarullo Says Regulators Need More Data Powers (Update2)
Federal Reserve Governor Daniel Tarullo urged U.S. lawmakers to expand regulators’ powers to collect data on loans and securities from financial firms so they can better assess risks and prevent a future crisis.
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Categories: Loan Unify Tags: Data, Fed’s, More, Need, Powers, regulators, Says, Tarullo, Update2
PNB says base rate change may help profitability
PNB says base rate change may help profitability
(adds details, quotes )
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EU to Press Greece on Budget, Stop Short on Aid, Official Says
EU to Press Greece on Budget, Stop Short on Aid, Official Says
Feb. 10 (Bloomberg) — European Union leaders meeting in Brussels tomorrow will probably press Greece to present more detailed budget cuts and stop short of announcing an aid package for the debt-stricken nation, a German government official said.
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Roubini says Greece aid ’step in right direction’
Roubini says Greece aid ’step in right direction’
(Adds quotes from Roubini)
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Federal Judge Says Rules Needed To Bar Bankruptcy Failure Bets
Federal Judge Says Rules Needed To Bar Bankruptcy Failure Bets
Feb. 5 (Bloomberg) — Proposed changes to a provision in bankruptcy law could stop hedge funds from betting on the failure of Chapter 11 reorganizations, a federal judge said, opposing the stance of distressed-asset investors.
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Hungary Election Risk Casts Shadow on Debt Outlook, Fitch Says
Hungary Election Risk Casts Shadow on Debt Outlook, Fitch Says
Feb. 5 (Bloomberg) — Hungary’s “uncertain” fiscal prospects, overshadowed by elections in 10 weeks, and a “very weak” economic prognosis are the biggest obstacles to an increase in its credit rating outlook, Fitch Ratings said.
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Obama Says Senate May Drop Cap and Trade, Pass Energy-Only Bill
Obama Says Senate May Drop Cap and Trade, Pass Energy-Only Bill
President Obama acknowledged yesterday that the Senate may pass an energy bill this year without the cap-and-trade component …
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