Hungarian exporters suffer from high value of forint.
03/09/2001
The Hungarian government has taken steps to ease the pressure on exporting companies that have been affected by the high value of the forint. Worst hit are small- to medium-sized companies in sectors such as leather, agriculture and textiles.
Measures will include more government-sponsored loans and a reduction of red tape in a package expected to cost Ft7.7 billion ($27.7 million).