|
|
Article: Hungarian press review 23/02/2009 - Companies & Business.
- Article from:
- Hungary Business News
- Article date:
- February 23, 2009
CopyrightCOPYRIGHT 2009 Gale acknowledges Publisher's copyright in the text of the Publication and shall place users of that text on notice of that copyright interest. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Hungarian press review 23/02/2009 - Companies & Business
BUDAPEST. FEBRUARY 23. INTERFAX CENTRAL EUROPE - REGULATION/FINANCES: PM Calls for Amendment to Allow Ban on Short Selling - Prime Minister Ferenc Gyurcsany is to initiate a legal amendment that would allow the Hungarian finance market regulator PSZAF to suspend or prohibit the practice of short selling, government spokesman David Daroczi said. The changes represent a direct response to the recent drastic slump on the Budapest Stock Exchange, leaving some blue-chip papers at a fraction of their earlier value. PSZAF intervening against short selling is hoped by the government to stop exchange losses caused ...