debt
The foundering of loan negotiations would definitely leave the Hungarian economy in a catastrophic state with potentially serious domestic political consequences....
On May 24, Prime Minister Viktor Orbán unexpectedly, although not without preliminaries, announced: the government acquired the 21.2% stake of Russia’s Surgutneftegaz in MOL for EUR 1.88 billion....
Hungary’s credit default swaps (CDS) dropped to 254 basis points at the end of Q1 2011. In the previous edition of CMA Datavision Global Sovereign Credit Risk Report’s Hungary was among the top 10 ris...
The Hungarian government outlines an ambitious spending-cut package. The destination is clear, but the road is still under construction....
Leading Dubai developer Union Properties posts massive losses in 2010, leading to a sharp decline of shares prices for other developers in the UAE as well. ...
International investors may feel slightly shortchanged by Hungarian Prime Minister Viktor Orbán's state of the nation speech to Parliament February 14....
Negative news about two of the UAE’s leading companies threaten to shake economic confidence in the country....
Dubai government-affiliated Zabeel group is seeking to restructure over US $1.6 in debt, as the government hints at privatization of infrastructure companies....
Hungary has entered the group of the 10 riskiest countries for sovereign debt investors, according to a study by CMA Datavision published January 7. Hungary's credit default swaps (CDS) closed Decembe...
The announcement that Dubai is now planning to consider selling some of its assets is confirmation that the emirate has given up on trying to resolve its crisis with help from Abu Dhabi....
Abu Dhabi developer Aldar is reportedly seeking a government bailout as it’s CEO resigns, its shares tumble and the government announces that Abu Dhabi has an oversupply of real-estate....
Dubai Group is reported to have defaulted on two payments. This will erode any regain of credibility that the emirate tried to build over the past year, since the Dubai World crisis. ...
While currently it appears to be a success story from an economic and political point alike, the introduction of the bank tax presents significant risks already in the medium term....
Dubai has successfully accessed the international bond market again, raising US $ 2 billion from international investors....
Dubai government’s first bond sale since the emirate announced it was unable to repay its debt and the positive manner in which this has been received is positive news for Dubai....
The announcement by Dubai World that it has agreed with most of its creditors on debt restructuring is a positive piece of news that will help Dubai move past the economic crisis....
An increased break-even price of oil for Bahrain has prompted a major credit rating agency to downgrade the country’s credit rating. ...
The announcement that Dubai World will be prepared to sell its “prized assets” to pay off its debt indicates the government-owned entity has been unable to secure support from Abu Dhabi....
Fidesz’s changes to the election law have made it hard for politicians to run for Budapest mayor. ...
New Slovak Prime Minister Iveta Radičová met August 25 with German Chancellor Angela Merkel in Berlin to discuss – among other things – the Slovak Parliament’s decision to withhold its €800 million co...