European investors worry over Hungary’s debt
Hungary’s new prime minister, Viktor Orban, has only been in power for a week, but on Friday, some officials on his team said that their country may be headed toward a Greek-style financial crisis, with credit default looming. This alarmed investors, who are already worried about debt in the Eurozone countries such as Greece, Spain and Italy. Although Hungary doesn’t use the euro, it does have close trade links with the rest of Europe. Business reporter for BBC Europe, Ben Shore, reports.
Every day, reporters and producers at The World are hard at work bringing you human-centered news from across the globe. But we can’t do it without you. We need your support to ensure we can continue this work for another year.
Make a gift today, and you’ll help us unlock a matching gift of $67,000!