Hungary Archive

Hungary to meet euro terms earlier

[Skip to the end] Note the contractionary terms highlighted below: Hungary Pays With Growth Prospects for IMF-Led Bailout Package By Zoltan Simon Oct. 29 (Bloomberg) — Hungary will meet euro-adoption term faster than previously planned after securing a 20 billion-euro ($25.5 billion) aid package to stabilize its recession-bound economy. The country should ...Read More

Re: Hungary

[Skip to the end] (email exchange) And this only makes it worse: Hungary Raises Benchmark Rate to Defend its Currency (Update2) By Balazs Penz and Zoltan Simon Oct. 22- Hungary’s central bank raised its key interest rate in an emergency measure to shore up the country’s currency, after it fell to near ...Read More

Re: The first weak link to be probed?

[Skip to the end] (email exchange) Good read, thanks, passing it along. >    >   On Thu, Oct 16, 2008 at 8:22 PM, wrote: >    >   Even though Hungary is not a member of the euro zone, this analysis >   suggests that this could be the weak link which shatters the whole euro >   project. Is the ...Read More