(Bloomberg) -- Hungary may seek to join the euro’s ERM-2 waiting room this year or next, its finance minister said, as officials scramble to find ways to arrest the plunging currency as it wreaks ...
Orbán, who met with Trump last week, has claimed he has secured a “financial shield” from the U.S. government as he prepares ...
Central Europe's main currencies may be close to a ceiling after hitting fresh multi-month highs in the past month, a Reuters ...
It is not just the Hungarian government whose borrowing in foreign currency has left it buffeted by the financial crisis and vulnerable. Average people flocked in droves to banks here for once-cheap ...
Emerging markets have been punished across the globe as risky-averse investors have fled in favor of safe-havens such as U.S Treasuries, but it’s the debt-laden economies of Eastern and Central Europe ...
BUDAPEST—Hungary's central bank still has room to continue cutting interest rates, the governor said Wednesday, after the currency weakened to a two-year record against the euro following an ...
Hungarian Prime Minister Viktor Orban, often criticized for punishing banks, is being hailed as a hero for warding off financial disaster with his quest to rid the country of mortgages worth billions ...