VOICED: Hungarian economy on a tightrope

VOICED: Hungarian economy on a tightrope

Assessment

Interactive Video

Business

10th Grade - University

Hard

Created by

Quizizz Content

FREE Resource

Hungary faces economic challenges with the suspension of IMF and EU missions, a downgraded credit rating, and a devalued currency. The government's policies have shaken investor confidence, particularly due to attempts to limit the Central Bank's independence. As Hungary seeks a €15 billion lifeline, it is engaging in negotiations to restore market confidence. The crisis has regional implications, with Central European countries and Austrian banks at risk of contagion. Hungary narrowly avoided bankruptcy in 2008 and hopes for another bailout in a fragile global economy.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What steps is the Hungarian government taking to regain investor trust?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the potential consequences for other Central European countries if Hungary's situation worsens?

Evaluate responses using AI:

OFF