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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Smiling Bob who wrote (252128)6/5/2010 4:01:43 PM
From: posthumousoneRead Replies (2) of 306849
 
hold the Meltdown......Hungary says it was just kidding...

bloomberg.com

June 5 (Bloomberg) -- Hungary’s economic situation is stable and recent comments about a possible default were “unfortunate,” the government said, pledging to stick to the budget deficit goal approved by the country’s creditors.

“Any comparison with countries that have much higher credit default swap ratings than Hungary is unfortunate,” State Secretary Mihaly Varga told reporters today in Budapest. “The comments that have been made about this issue are exaggerated and if they come from colleagues that’s unfortunate.”

thats all we need for another rally, right?
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