Standard & Poor, which designed the liquidation vulnerability index for the debtors on its developing market rating list including 15 countries, attributed Hungary rate of 0.0, i.e. a medium vulnerability rate. As a result, the Hungarian economy has gained a rating on the lower third of the vulnerability list, as 10th in the ranks after Slovakia and Poland. In another analysis, Merrill Lynch provided a greatly different perspective, categorizing Hungary as the most vulnerable economy to the ongoing liquidity events. Merrill finds that the twin deficits of the country’s decency make it a top candidate to fold should conditions turn dire. (Gazdasági Rádió, MH)
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.
