Only a forint fall could rein in Hungary’s Orban

Investors do not like Hungarian Prime Minister Viktor Orban’s policies but unless they pull their money out, causing a run on the forint, there is little to make him change course.

After a successful dollar bond issue last month he does not need an international rescue so the European Union, which says he is backsliding on democracy, and the International Monetary Fund cannot impose conditions to stop him.

via Business feed http://www.scmp.com/business/economy/article/1190545/only-forint-fall-could-rein-hungarys-orban