Author (Person) | Barber, Tony |
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Series Title | Financial Times |
Series Details | 30.10.08 |
Publication Date | 30/10/2008 |
Content Type | News |
The $25bn rescue package that the International Monetary Fund (IMF), World Bank and European Union offering Hungary, October 2008, is one of the biggest ever, dwarfing the $16.5bn loan to Ukraine earlier in the same month, and even the United Kingdom’s 1976 bailout, which would be $15.3bn at today’s prices. Hungary, hard hit by the global financial crisis, avoided state bankrupty thanks to the international aid, Prime Minister Ferenc Gyurcsany said in an interview published on the 2 November 2008. |
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Countries / Regions | Hungary |
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