Tuesday, July 24, 2007

Gyurcsany's Budget Cuts, Taxes Bring Investors Gain, Hungarian Voters Pain

(Bloomberg) -- If investors in Hungary were the
only people allowed to vote, Prime Minister Ferenc Gyurcsany
would be in much better political shape.

The 45-year-old Socialist, who made millions turning around
failing former state-owned companies, has seen his year-old
austerity campaign begin to pay dividends in the form of a
stronger forint and record performance by the main stock index.


Read more at Bloomberg Bonds News

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