Hungary plans to renew the cooperation with IMF

Source: BBC
© Scanpix/NYR

Recent figures show that the euro zone's crisis impacted Hungary severally. The country asked the IMF for financial help as the government's debt had increased by 82% of GDP and value of Hungary's currency, the forint, had fell. Hungary has sent an official request for financial assistance. IMF teams returned to Washington from Budapest to discuss further action.

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Tue, 22 Nov 2011 09:18:13 GMT

World Bank expects China's soft landing

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Mon, 21 Nov 2011 15:45:44 GMT

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