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CEE MARKETS-Hungarian forint firms as concerns over EU funds ease

The Hungarian forint firmed slightly on Monday, adding to its gains from the previous session, as investors' concerns over negotiations between Hungary and the European Union over funds subsided. The forint was up 0.21% and trading at 408.10 versus the euro. Last week, the Hungarian currency was on a rollercoaster and fell as much as 415 as the unit was weighed down by media reports that the European Commission was going to withhold fu

UPDATE 2-Airbus may delay some 2023 jet deliveries -sources

Airbus is preparing the ground for further delays to planned delivery dates of some medium-haul aircraft in 2023 even as it races to meet delivery targets for 2022 in the face of supply chain and labour problems, three industry sources said.

CEE MARKETS-Currencies move sideways as weaker dollar, EU funds in view

Central European currencies were hovering close to recent levels in thin trade on Friday as investors eyed a weakening dollar and worries over European Union funding in Hungary in a market that remained subdued due to a holiday in the United States. The greenback stood close to a three-month low and was headed for a weekly loss as the prospect of the Federal Reserve slowing monetary policy tightening as soon as December preoccupied inves

CEE MARKETS-Forint slides on EU funding fears

The Hungarian forint weakened on Thursday after media reports that the European Commission was going to withhold funding for Budapest due to concerns over the rule of law. On Wednesday, German paper Frankfurter Allgemeine Zeitung reported citing unnamed sources that European Commission officials have concluded that Hungary has not sufficiently fulfilled its promises on the fight against corruption and will recommend 7.5 billion euros be

CEE MARKETS-Forint plunges, bond yields rise as investor nerves tested on EU funds

The Hungarian forint weakened on Wednesday while bond yields rose on a German media report, which said the European Commission could recommend that member states freeze 7.5 billion euros from three cohesion programs earmarked for Hungary. The currency gave up gains from earlier in the day and was down 0.56% on the day and trading at 409.20 per euro by 1402 GMT.

CEE MARKETS-Forint extends gains with talks over EU funds in focus

The Hungarian forint firmed on Wednesday, adding to gains from the previous session as it was supported by high central bank interest rates and investor hopes for a deal on European Union funds. The forint traded 0.22% stronger on the day at 406 per euro after the central bank left its base rate at 13% on Tuesday and pledged to maintain tight monetary conditions for a "prolonged period". The currency was helped by growing optimism

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