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Is Hungary the Financial Crisis’ Next Iceland?

Posted by Matt in March 24th, 2009

A rumor briefly circulated Hungary a few weeks ago: things were so bad, it went, that the government intends to freeze bank accounts. The government repeatedly assured Hungarians that the rumor was groundless. But so deep is the current economic malaise gripping the country that thousands of people were taken in.

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Published in Economy, Europe, Financial, , , , , , , ,



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March 25th, 2009 at 2:55 am

[...] Is Hungary the Financial Crisis’ Next Iceland? | 1913 Intel [...]

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