EU threatens legal action against Hungary
World BusinessJan 12, 2012
BRUSSELS (AP) ― The European Union stepped up the pressure Wednesday against Hungary, saying its fiscal policies were unsustainable and threatening legal action over a new constitution that some fear could push the country back into authoritarianism. The warnings escalated the standoff between Hungary’s government and the EU and underlined the difficulty Budapest will face in negotiating a desperately needed international rescue package from the EU and the International Monetary Fund. Hungary, w