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


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 ...

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