Hungary dug itself a debt hole, now it pays the piper

Newswire

By Michael Roddy INKE, Hungary, Nov 29 (Reuters) - In the past week Hungary's bonds have become junk, the forint has slumped to a near-record low against the euro and the OECD has said the economy is headed for recession next year. Yet unlike other European capitals where economic decline has led to street protests and political upheaval, there is little visible sign of hardship in the capital Budapest, where Spanish tourist Roberto Diaz, 46, was taking coffee and cake in one of the ...

Premium Content (PAID Subscription Required)

"Hungary dug itself a debt hole, now it pays the piper" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×