Hungary Economic-Sentiment Index Drops from 16-Year High

Hungary’s economic-sentiment index dropped in May after turning positive for the first time in almost 16 years in April, as business and consumer confidence deteriorated after Prime Minister Viktor Orban’s re-election.

The eurozone is starting to recover. Now the new phase of its crisis begins

Brace yourself for the next phase in the eurozone crisis, due to come around any time soon. That might seem an odd thing to say.