http://www.bloomberg.com/news/2012-07-24/orban-s-tax-binge-repels-investors-as-recession-menaces-hungary.html
Powerful and hungry to reduce the deficit...PM Viktor Orban's new tax policies are frightening investors...adding to its economic woes...and forcing it to seek a $18 billion IMF loan.
Hungary's GDP may shrink 0.3 in 2012...and may even slip into 'a negative growth spiral.'
Popular Posts
- KYRGYSTAN / CANADA : 3 MPs Arrested After Violent Gold Mine Protest.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- EU / SPAIN / PORTUGAL / ITALY / GREECE : Solidarity Strike Causes Travel Misery Across the Eurozone; Clashes/Arrests/Injuries In Athens, Madrid.
- ITALY : Oh, No! Silvio's Spectre Returns.
- HUNGARY: 23 April UPDATE: Hungary Denies Threat To Roma After Red Cross Evacuates 277 Roma From Gyongyospata...Fearing Vigilantes.
- BRASIL:1ST UPDATE: Natives Protesting Hydro Plant Release 5 Of At Least 155 Hostages.
- POLAND: Chopin Contest Attracts Young Asian Pianists.
- PERU: Voters Feel Like They Must Choose Between...Hitler And Darth Vader; Smears Increase Before Vote.
- AUSTIN,TEXAS: Lance Armstrong Still Under Seige For Doping Charges.
- RUSSIA / CHECHNYA : VIDEO/ FOTOS: 40 Story Grozny Skyscraper Burns.