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View Full Version : Hungary's Swiss Noose Tightens as Currency Surge Swells Franc Loan Burden - Bloomberg



NewsWhore
08-05-2011, 02:10 AM
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Hungary&#39;s Swiss Noose Tightens as Currency Surge Swells Franc Loan Burden (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE0pTnzWdCD_WiLoj4R1gFvZf79Dg&url=http://www.bloomberg.com/news/2011-08-04/hungary-squeeze-deepens-as-swiss-steps-to-curb-franc-fall-short.html)
Bloomberg
Swiss efforts to weaken the franc may not be enough to fend off threats to Hungary&#39;s economy from homeowners and local governments that borrowed in the Alpine country&#39;s currency. ...

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