According to the latest report of the Economist Intelligence Unit, Hungary placed 6th among emerging markets on the global sovereign risk assessment survey. The risk indicator ranges from 0-100%, a higher percentage indicating the likelihood of a default on securities. The leading country in the emerging markets group is Indonesia with 60%. Hungary is also in the 50-60% range and is only preceded by Argentina, Pakistan, The Philippines, and Turkey. Poland, which is the next Central Eastern European country to follow with about a 40% index, is nearly 10 places behind Hungary, whereas the Czech Republic is not among the first 20 countries. Worldwide, Iraq unsurprisingly tops the list with a 90% sovereign risk, and Sweden is considered to be the safest country overall. (NG)
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
