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Tuesday, January 17, 2012

Hungary - threatened with legal action

Published on Jan 17, 2012 by Euronews

http://www.euronews.net/ The Hungarian government of Prime Minister Viktor Orban faces possible legal action by the European Commission. It is due to several controversial changes to the country's constitution. The unpopular laws include allowing the prime minister to appoint a new central bank deputy governor but that may violate the EU treaty.

S and P downgrades downplayed

Published on Jan 17, 2012 by Euronews

http://www.euronews.net/ In the aftermath of the so-called 'Black Friday' mass downgrading of eurozone countries, politicians and economists were quick to play down the significance and impact of the move.

Indeed at an auction of short-term French government bonds on Monday the country's borrowing costs went down.

On Friday, France and Austria lost their AAA credit ratings from Standard and Poor's - slipping one notch to AA+.

ТИЗЕР - Глюк'oZa "Мой порок" / Teaser - Glyuk'oZa "My fault"

Uploaded by ello on Jan 16, 2012

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