Kester Eddy: Hungary’s currency slides, confounding good economic data
Russia's President Vladimir Putin (R) and Hungary's Prime Minister Viktor Orban take their seats during a meeting at the Novo-Ogaryovo Putin's residence outside Moscow, on Jan. 14, 2014.
It's early days in 2015 but already there is positive news on Hungary, at least according to official government sources. Fresh jobs data reveal "the number of people in employment up by some 200,000 year-on-year" the economy ministry boasted this week - erring modestly on the positive side (the actual figure was 188,000). Meanwhile, Gyorgy Matolcsy, governor of the central bank, has been busy lobbying for an upgrade of the country’s credit ratings.