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 "China may take part in financing Hungary's debt, Development Minister Tamas Fellegi said in a recent interview with news website Index. China's involvement could range from project financing to buying Hungarian debt, he said. When Prime Ministers Viktor Orban and Wen Jiabao met in Shanghai in October, the Chinese Premier suggested that the two countries engage in financial-strategic co-operation, which was welcomed by Orban, Fellegi said. Pictured: Orbán and Ven Csia-pao. more » "Kaposvár-based bus manufacturer NABI will axe 60 jobs as a result of the financial problems at its key US buyer, Los Angeles public transport company, Népszabadság learnt. more » "The Swiss franc strengthened to Ft 225 yesterday, its highest level in 2010, and may soon reach a record high against the forint, according to analysts. more » "Suzuki Magyarország is recalling 125,000 Swift cars manufactured at its Hungarian production base in Esztergom in 1997-2002, due to corrosion of the front shock absorbers, which could lead to further problems, state news agency MTI reports. more »|
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