May 2008
Emerging Europe Monitor: Central Europe & Baltic States;May2008, Vol. 15 Issue 5, p2
Country Report
This sections offers news briefs related to the political and economic risks in Hungary as of May 2008. The insurance law amendment proposed by the Socialist government is planned to be rejected by the Free Democratic Party. The outlook for the long-term foreign currency issue default rating (IDR) of Hungary was downgraded by ratings agency Standard & Poor's (S&P). A strike was staged by transport workers in Budapest protesting against the plan of transport company BVK to close several tram, bus and underground lines.


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