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Hungary austerity package to deal the hardest blow on SMEs

"The fiscal adjustment package of the government will hit Hungarian-owned companies producing for the domestic market the most, according to a study by István János Tóth, chief executive of the Hungarian Chamber of Commerce and Industry (MKIK). He said these companies would have no other choice but to cut their staff considerably."


Source: Portfolio Online Financial Journal


28.09.2006

 
 

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