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View Full Version : Hungary Forint, Stocks Fall on Deficit, Leads East Europe Slump - Bloomberg



NewsWhore
03-12-2009, 10:11 AM
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Hungary Forint, Stocks Fall on Deficit, Leads East Europe Slump (http://news.google.com/news/url?sa=T&ct=us/3-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601085%26sid%3DasG6Ugy5HBw4%26refer%3Deurope&cid=0&ei=1Bi5SayDDJPaMdLPlPUJ&usg=AFQjCNFyEeSX7j3Bysbv6rbmFTr8Uf6hTw)
Bloomberg
Hungarian central bank President Andras Simor said yesterday that verbal intervention and pledges to buy forint using funds in euros from the EU had caused the weakening trend in the currency to “reverse.” “The recession in the real economy is going to ...


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