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Hungary Debt Risk Soars, Forint Tumbles as IMF, EU Halt Talks
Posted by on Jul 19th, 2010The cost to insure debt payments from Hungary jumped the most in six weeks and the forint tumbled after the International Monetary Fund and European Union ended talks with the government without endorsing Prime Minister Viktor Orbans plans to control the budget deficit.
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Hungary Debt Risk Soars, Forint Tumbles as IMF, EU Halt Talks