TITLE

RISK SUMMARY: HUNGARY

PUB. DATE
May 2009
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;May2009, Vol. 16 Issue 5, p4
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
This section offers news briefs concerning Hungary. Prime Minister Ferenc Gyurcsany announced on March 21, 2009 that he will resign from his post in April 2009. Prime Minister-designate Gordon Bajnai has pledged deep government spending reductions in an attempt to stabilize the country's economy. Standard & Poor's (S&P) has decided to reduce its Hungarian long-term foreign currency and local currency credit ratings BBB.
ACCESSION #
37564700

 

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