Articles About Junk Status
- Author:
- James I. Clark III
- Posted:
- 01.04.2012
Hungary’s Debt Downgraded to Junk
Yet another European nation – and one not in the Eurozone – is facing a financial crisis now that Standard & Poor’s (S&P) has downgraded its credit rating to junk status. The nation is Hungary, whose status was changed as a result of concerns about proposed policy changes regarding the country’s central bank. S&P cut […]