Hungary eliminates euro-based trading range for its currency
Article Abstract:
The central bank of Hungary, in a band against the euro, is permitting its currency to float instead of trade. The policy emphasizes the challenges many Eastern European nations are facing as they attempt to maintain their monetary policy in alignment with the euro zone and still control increasing prices.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2008
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Branson bid for Northern Rock gets a little help from his friends
Article Abstract:
The article assesses the viability of entrepreneur Richard Branson's offer to obtain UK mortgage bank Northern Rock PLC. Branson's offer is backed by a consortium of strong companies such as Toscafund Asset Management and American International Group.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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