A step backward for Hungarian monetary policy

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This isn't good.

A related story is here.

Is this related to what I've been writing on the euro lately? You bet. Look here for a story on EU expansion. Look especially where it says that Hungary needs to do more to fight inflation. (And look at the size of their deficit.) This latest news won't help.

This is as blatant as FDR packing the Supreme Court. It really hurts Hungary's chances of joining the EU.

There's a larger story about the EU and expansion that is brewing, and it will continue to get bigger. This blog will keep you posted.

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This page contains a single entry by William Polley published on December 4, 2004 1:34 AM.

More on the Euro was the previous entry in this blog.

The moment we've been waiting for has finally arrived is the next entry in this blog.

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