Hungary pins hopes on quick €9bn comeback

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Hungary pins hopes on quick €9bn comeback

Despite its incomplete negotiations with the IMF over a loan package and an official complaint from the EU on Tuesday, the Republic of Hungary plans to raise nearly €9bn this year in international and domestic debt. The sovereign is looking to issue some €4.7bn in Eurobonds to repay €3.3bn of its IMF loan, and will also seek €4bn at home.

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