Hungary to Hold EU’s Highest Interest Rate on IMF Delay
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Hungary’s government debt, the highest among the European Union’s eastern members, fell in the first quarter as the forint strengthened.
Debt dropped to 78.9 percent of gross domestic product at end-March from 80.6 percent at end-2011, the central bank said today in a quarterly report published on its website. Forint gains cut debt by 526 billion forint ($2.2 billion), it said.