29-06-2015 11:33 via news.yahoo.com

Greece impact on Hungary markets muted so far: minister

The impact of Greece imposing capital controls to stabilize its financial system has been muted on Hungarian currency and bond markets so far as trade and banking links between the two countries are scarce, Hungary's economy minister said on Monday. Mihaly Varga told reporters on the sidelines of a news conference that Greece accounted for just 0.4 percent of foreign trade, there were no Greek big banks present in the country and Hungary's finances were much more stable than 5 or 10 years ago.
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