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Euro Stabilizes As Hungary Backtracks

posted by Avatar fx360 719 days ago in EUR, CHF, Daily made popular 719 days ago

Hungarian officials scrambled over the week-end to undo the damage done by the comments of Peter Szijjarto, a spokesman for the new prime minister Viktor Orban, who was quoted on Friday as saying that the Hungarian economy was in a “very grave situation.” He even raised the specter of a default, saying such speculation “isn’t an exaggeration.”
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