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SUNDAY, NOVEMBER 22, 2009
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NEWS ABOUT: Hungary

Hungary stories: 17 news summaries

 Hungary Holds 
 'Miss Plastic' 
 Pageant 

Beauty contest offers prizes to the surgically-enhanced—and their surgeons

(Newser) - Boob jobs, facelifts, and new noses were on parade in Budapest last night as Hungary held its first "Miss Plastic" pageant. The winners—who had to prove they had actually gone under the knife—received prizes including a new apartment and a new car, and their surgeons took home... More »

Hungary Fetes 1989 'Picnic' That Led to Fall of Berlin Wall

Provided escape from Communism for East Germans

(Newser) - Hungary is celebrating the 20th anniversary today of its “Pan-European Picnic”: the day it opened its border with Austria, providing a pathway for hundreds of East Germans to exit Europe’s communist east. “The Soviet bloc was like an air balloon with over-pressure so it needed only a... More »

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Freak Accident Nearly Kills Grand Prix Racer 

Car part bounces off track, fractures Felipe Massa's skull

(Newser) - A Brazilian auto racer is in “life-threatening,” though stable, condition after a spring from another car bounced off the track and hit the driver in the helmet, knocking him unconscious as he drove into a barrier, the Independent reports. Felipe Massa’s surgery for multiple skull fractures was... More »

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Generous Pensions Toppling Hungarian Economy

Public spending dilemma threatens to engulf Eastern Europe

(Newser) - Pensions are at the heart of the Hungarian financial crisis threatening to drag down the Eastern European economy, the Wall Street Journal reports. Three out of every 10 Hungarians currently collects a generous government pension, but the cost—around 10% of GDP and rising—has made the country's deficit unmanageable,... More »

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Eastern Europe pensions social services Hungary pension funds financial crisis

(Newser) - Hungary’s Socialist prime minister will step down so that a leader more adept at managing the country’s dire economic straits can take over, Reuters reports. “I hear that I am the obstacle to the cooperation required for changes,” Ferenc Gyurcsany told a meeting of his party.... More »

Leaders Warn
of Economic
'Iron Curtain'

Eastern Europe melts down, but Western leaders refuse bailout

(Newser) - EU leaders meeting in Brussels yesterday rejected a Hungarian-led effort to bail out the faltering economies of Eastern Europe, leading to apocalyptic warnings of an economic "Iron Curtain," with millions of unemployed workers heading west. Countries from the Baltic states to Poland and Romania have seen their once-booming... More »

Russian Gas Again Flows
to Europe Through Ukraine

Supplies had been cut for 2 weeks amid political squabbles

(Newser) - Gas is again flowing from Russia to Ukraine, a major gas gateway for Europe, after disputes between the two countries shut down supplies for two weeks, Reuters reports. Leaders couldn’t agree on a 2009 gas contract amid political tensions over Ukraine’s wish to join NATO; 20 European countries... More »

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 Gorilla Fine After Rare Surgery 

Docs in Hungary look for tumors in ovary of 32-year-old Liesel

(Newser) - A 32-year-old female gorilla underwent a rare gynecological procedure in Hungary yesterday, the AP reports. Doctors operated for three hours on Liesel, who they suspected had a malignant tumor on her right ovary. No tumors were found during the surgery, but the gorilla will be kept under observation and apart... More »

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Hungary gorilla Budapest malignant tumor

Crisis Makes Former Skeptics Rethink Euro

From Poland to Iceland, once-resistant nations want to join up

(Newser) - When the euro was first proposed, skeptics cautioned of the dangers of an integrated system during a time of crisis. Now that the crisis is here, the euro has performed relatively well while smaller currencies have plunged in an investor "flight to quality." As the New York ... More »

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Poland Hungary euro Iceland zloty eurozone krona financial crisis Hungarian forint

 IMF Bails Out Hungary, Ukraine 

Multibillion-dollar loans prop up Eastern Europe's basket cases

(Newser) - The IMF will provide multibillion-dollar loans to Ukraine and Hungary, which have followed Iceland to become the latest national victims of the global financial crisis. Ukraine will receive a $16.5 billion loan, while the specifics of the Hungary deal are still being worked out. Both Eastern European countries have... More »

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International Monetary Fund IMF Hungary Ukraine financial crisis Hungarian forint

IMF Plans Huge Credit Line for Poor Nations

Wave of defaults in developing world could imperil global economy

(Newser) - While the financial crisis is leading the West into recession, other parts of the world from Hungary to Argentina face an even worse fate: default, market panic, and possibly social upheaval. Now the IMF is working to build a giant line of credit, funded by rich nations, to provide... More »



 Hungary Gets $6.7B Loan 
 to Avert Meltdown 

Budapest secures huge loan to prevent default à la Iceland

(Newser) - The Hungarian government secured a $6.7-billion loan yesterday from the European Central Bank in an attempt to stave off an Icelandic-style national meltdown. The EU newcomer's troubles derive from loans denominated in euros or Swiss francs, rather than the softer Hungarian forint. Frozen credit markets have left Hungary's government... More »

WWII Bomb Found in Budapest; Thousands Flee

Thousands of unexploded bombs still buried in city

(AP) - Some 16,000 people were evacuated yesterday in Budapest after construction workers unearthed a huge unexploded bomb from World War II. The 2-ton explosive, being disarmed today by experts, is one of the largest found in the city since 1945. Thousands of unexploded bombs are believed to be buried in... More »

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 Protester Eggs Microsoft CEO 

Ballmer dodges attack by Hungarian during university lecture

(Newser) - Microsoft CEO Steve Ballmer was in Budapest this week to give a lecture to Hungarian university students, but the talk took an unexpected turn when he was pelted with eggs. Unlike Bill Gates, who was hit in the face with a cream pie a decade ago, Ballmer was able to... More »

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Microsoft eggs Hungary Steve Ballmer protesters Budapest

TRAVEL

Eastern Europe: Charm for Less

Prague, Poland among adventurous destinations for thrifty travelers

(Newser) - The ever-pricier euro is sending determined travelers east, past the Eiffel Tower, to overlooked treasures like Prague's Old Town Square. Check out cheaper, Eastern European must-sees as recommended by Forbes:
  1. Peterhof State Museum-Reserve, St. Petersburg, Russia: These palaces and 18th-century gardens rival those of Versailles.
  2. Plitvice Lakes National
... More »

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Hungarian Right-Wingers Evoke Nazi-Era Militia

Black-booted Hungarian Guard stirs fears

(Newser) - A far-right group reminiscent of Nazi-era fascist militias is causing alarm in Hungary and echoing nationalist movements across Eastern Europe, the Los Angeles Times reports. Members of the Hungarian Guard march wearing black uniforms that resemble those of the Arrow Cross, a militia that helped Nazis kill thousands of Hungarian... More »

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Holocaust Nazi Hungary nationalism Tom Lantos Magyar Garda Hungarian Guard Arrow Cross

Euro Heat Wave Kills Hundreds

Most victims are elderly; Hungary hit hardest

(Newser) - More than 500 people have died in the last week in the heat wave gripping central Europe. Most of the victims lived in Hungary, with some casualties reported in nearby Romania, the BBC reports. The elderly have been hardest hit. Temperatures in some areas have reached 107 degrees; the intense... More »

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17 Stories