Thu, Nov 6 2008, 14:52 GMT
by
Lars Christensen
- Danske Bank A/S
|
View company's profile
Hungary's government and central bank (MNB) are to provide 600bn forint (USD 2.95bn) to shore up the Hungarian bank sector.
The injection is part of the USD 25bn IMF/EU rescue package for Hungary, and will be used to recapitalise the country's banks.
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