![](https://contentf5.dailynewshungary.com/wp-content/uploads/2024/07/Hungary-took-up-a-gigantic-Chinese-loan-in-secret-e1721900278942.webp)
BREAKING – Hungary took out a gigantic Chinese loan in secret – avoiding bankruptcy?
The Hungarian government did not communicate that they took up a gigantic EUR 1 billion Chinese loan from Chinese banks to spend on fuzzy infrastructure projects. Taking maturing bonds out of the equation, this is the Hungarian state’s highest loan. We do …