Hungary eliminates euro-based trading range for its currency

Article Abstract:

The central bank of Hungary, in a band against the euro, is permitting its currency to float instead of trade. The policy emphasizes the challenges many Eastern European nations are facing as they attempt to maintain their monetary policy in alignment with the euro zone and still control increasing prices.

Government expenditures, Hungary, Management dynamics, Management, Economic policy, Monetary policy, European Monetary System, Company business management, Hungary. National Bank of Hungary

---

Branson bid for Northern Rock gets a little help from his friends

Article Abstract:

The article assesses the viability of entrepreneur Richard Branson's offer to obtain UK mortgage bank Northern Rock PLC. Branson's offer is backed by a consortium of strong companies such as Toscafund Asset Management and American International Group.

Strategy & planning, Acquisitions & mergers, Mortgage Bankers, Real Estate Credit, Mortgage Bankers and Brokers, Mortgage Bankers & Brokers, Mortgage and Nonmortgage Loan Brokers, United Kingdom, Planning, Mergers, acquisitions and divestments, Company acquisition/merger, Mortgage banks, Northern Rock PLC, Branson, Richard, Company business planning

---

Similar abstracts:

• Abstracts: HVB aims to neutralize merger foes. Behind U.K.'s shift on bank bailouts
• Abstracts: BAE profit jumps 27%, lifted by military needs: sales increase 8.1% as U.S. operations continue to expand. BAE's profit gets a boost from Airbus stake sale
• Abstracts: Ford nears sale of Aston Martin. BMW profit feels increasing sting of weak dollar. Altadis deal may bolster Imperial Tobacco
• Abstracts: Rough seas at SembCorp: marine unit's shares sink following report on currency losses. Virgin might buy 20% stake in Fly Asian Express
• Abstracts: Europe's hold on rates may persist for some time. Corporate-governance rules elicit skepticism

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.