European Investors Worry Over Hungary's Debt

Monday, June 07, 2010

Hungary's new prime minister, Viktor Orban has only been in power for a week, but on Friday, some officials on his team said that their country may be headed toward a Greek-style financial crisis, with credit default looming. This alarmed investors, who are already worried about debt in the Eurozone countries such as Greece, Spain and Italy. Although Hungary doesn't use the euro, it does have close trade links with the rest of Europe. Business reporter for BBC Europe, Ben Shore, reports.


Ben Shore

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