The Czech Republic, Hungary, and Romania are at risk of a currency crisis next year due to growing budgetary and external problems, analysts of the Japanese financial group Nomura Holdings predict. The warning is based on an analysis of eight indicators, including the ratio of foreign exchange reserves to imports, short-term interest rates, and budget […]
Hungary should not rush into joining the euro, as having a national currency gives more leeway in creating a successful economic policy, Central Bank Governor György Matolcsy writes in daily Magyar Nemzet
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