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View Full Version : Hungary IMF Loan Covers ‘09 Debt, Cuts Bond Sale Need, S&P Says - Bloomberg



NewsWhore
04-09-2009, 04:20 AM
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Hungary IMF Loan Covers ‘09 Debt, Cuts Bond Sale Need, S&P Says (http://news.google.com/news/url?sa=T&ct=us/1-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DadFZeGdzvUKw%26refer%3Dhome&cid=0&ei=VrHdSZEIm6gzxvmxqw0&usg=AFQjCNGba5WEddCdWPb4UooXYXSoOo7CMg)
Bloomberg
The forint has dropped 12 percent versus the euro since then, increasing the cost of the country’s 63 percent of mortgages that are in a foreign currency. “The IMF-led loan is helping the ability to repay debt enormously,” S&P’s Stukenbrock said in an ...


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