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View Full Version : Hungary to Hold EU's Highest Rate on IMF Delay, Forint - Bloomberg



NewsWhore
05-29-2012, 03:43 AM
Hungary to Hold EU's Highest Rate on IMF Delay, Forint (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEDFUQfV0XCaK97e123JaiUCS99dA&url=http://www.bloomberg.com/news/2012-05-29/hungary-to-hold-eu-s-highest-rate-on-imf-delay-forint-correct-.html)
Bloomberg
BofA Merrill Lynch strategists estimate that the gross domestic product of the currency area, Hungary's main export market, would contract 4 percent in the recession that follows, similar to the decline suffered after Lehman's 2008 collapse.

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