TITLE

HUNGARY: RISK SUMMARY

PUB. DATE
October 2009
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Oct2009, Vol. 16 Issue 10, p5
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article focuses on the political and economic risk in Hungary. Budapest's budget deficit has been cut to fulfil IMF conditions under emergency Stand-By Arrangement. The official unemployment rate in the country dropped slightly to 9.6% from 9.8% in the previous month. Raiffeisen International Bank-Holding AG has closed 20 of its 161 branches across the Hungary because of economic recession.
ACCESSION #
44138668

 

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