Hungarian budget goulash signals next phase in euro crisis
posted on August 25, 2010 at 9:54 am
Hungary’s budget crisis isn’t large in size in comparison to those of Greece or Spain, but Hungary’s crisis is a harbinger of the next crisis euro debt crisis.
Hungary’s budget crisis raises the question What happens when a country reaches a bailout agreement with the European Union and the IMF (International Monetary Fund) and then doesn’t live up to that agreement? Read more
