Wall Street Journal, financial dangers o…

Wall Street Journal, financial dangers of the new media law in Hungary:

All three major agencies now rate Hungary’s government debt at just above junk-bond levels. Any further cuts could spark large-scale selling of Hungarian assets, since many institutional investors can’t own securities that aren’t considered “investment grade.”

http://online.wsj.com/article/SB10001424052748703548604576037672342633358.html