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    Hungary Has Good, Bad News

    Jan. 13, 2005
    The International Monetary Fund is so confident that Hungary can now manage its economy without outside help that it's ending a standby US$246 million line of credit that, in fact, never had to be used. Hungary's economy is expected to advance a healthy ...

    The International Monetary Fund is so confident that Hungary can now manage its economy without outside help that it's ending a standby US$246 million line of credit that, in fact, never had to be used. Hungary's economy is expected to advance a healthy 5% this year. But inflation is running at an 18% annual rate--and that is inhibiting domestic investment.

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