Latest issue - September 2021

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Latest issue - September 2021

Download the digital version of the latest Professional Pensions print edition here. This month's articles include: Cover Story: How the industry is returning to the office Interview: Sarah Smart...

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More on Hungary

Hungary to cancel $7.5bn of bonds after pensions takeover

HUNGARY - Hungary will cancel about 1.5trn forint ($7.5bn) of bonds after taking over the assets of privately managed pension funds to "immediately" cut indebtedness, according to the Debt Management Agency.

Andras Gergely at Bloomberg News
clock 22 February 2011 •

Hungary pension changes were 'negative,' - Moody's

HUNGARY - Hungary's decision to bring the majority of private-pension savings under state control was "credit negative" and a key factor behind downgrading the country's debt rating, Moody's Investor Service said.

Balazs Penz and Agnes Lovasz at Bloomberg News
clock 16 February 2011 •

CEE Stock Exchange sees slump in Budapest trading on pensions

EUROPE - The CEE Stock Exchange Group, which includes bourses in Vienna, Budapest, Prague and Ljubljana, said trading volumes may drop this year in the Hungarian capital following the nationalisation of private pension funds.

Bloomberg News
clock 04 February 2011 •