Skip navigation

Hungary Has Good, Bad News

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.

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.