ECB package may have given Hungary more room to ease: central bank deputy

(Reuters) - Hungary may have more room to ease monetary policy if the ECB's new measures hold down local risk premia and inflation further, Hungary's deputy central bank governor Adam Balog told Reuters on Monday.

Hungary Banks, Treasury Fees, South Korea Banks, CDR Financial: Compliance

Hungary’s chances of obtaining a bailout receded after lawmakers approved new central bank regulations Dec. 30 that prompted the International Monetary Fund and the European Union to break off talks last month.

Moody’s junks Hungary

Hungary has joined Portugal in the credit junkyard after Moody’s downgraded its foreign and local currency bonds to Ba1 from Baa3, ending 15 years of investment status.