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
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- USA / PANAMA / MIDEAST : Oil Tanker Hits Destroyer In Straits Of Hormuz...Leaving Huge Gash.
- ARGENTINA: The Europe/ Buenos Aires Cocaine Express; Peso Briefly Weakest Since 2002; $9 Bn Payment To Paris Club Rumored.
- VENEZUELA: Chavez Shuffles Cabinet With 9 New Apointments.
- MEXICO: 20,000 Masked Indigena March For Peace In San Cristobal de Las Casas.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- PUERTO RICO: The Enigma of Tourism.
- EUROZONE/ IRELAND/ GREECE/ GERMANY: 8 May UPDATE: Speculators Savage Euro Over Rumor; More Predicted!
- CZECH REPUBLIC: Intelligence Service Warns Of Russian Infiltrations.
- CUBA: Freed Dissident Ferrer Vows To Continue.
