February 15, 2011
VIA EDGAR
| Securities and Exchange Commission | ||
| Judiciary Plaza | ||
| 100 F. Street, N.E. | ||
| Washington, D.C. 20549 | ||
| Attention: International Corporate Finance | ||
| Ellie Bavaria | ||
| Re: | Republic of Hungary Registration Statement No. 333-170923 |
Ladies and Gentlemen:
On behalf of the Republic of Hungary (the “Republic”), we hereby request that the effectiveness of the Republic’s Registration Statement No. 333-170923 be accelerated to 9:00 a.m., Thursday, February 17, 2011 or as soon thereafter as possible.
Please call the undersigned at (212) 715-1140, should you require any additional information or have any questions.
Thank you.
| Sincerely, | ||||
| /s/ Steven G. Tepper | ||||
| Steven G. Tepper | ||||