Media reports suggest that the Hungarian government is close to unveiling a draft plan aimed at dealing once and for all with the legacy of the FX-debt boom that brought the country’s banking sector to its knees in late-2008. But the reality is that the various options to deal with Hungary’s FX-debt problem simply push losses from one sector of the economy to another.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services