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By Alexei Bayer |
June 27, 2012
Several recent elections in Europe were seen as a referendum on fiscal austerity (and fiscal discipline) and their results were presented as a mood shift in favor of more government spending and economic stimulus.
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By Marlene Y. Satter, AdvisorOne |
January 9, 2012
Despite the fact that Fitch Ratings downgraded Hungary on Friday to junk status, joining Standard & Poor’s and Moody’s, markets seemed to shrug off the news on Monday as the forint rose for a third day.