By GORDON FAIRCLOUGH BUDAPEST—Hungary's new cabinet huddled in an emergency session over the weekend to devise an economic plan aimed at restoring confidence in the nation's creditworthiness, as the government backtracked on officials' earlier comments that the country could default on its debts. Mihály Varga, a senior official who acts as the prime minister's chief of staff, vowed that Hungary would stick to strict government-spending limits set in the country's agreements with the...
Full Story: Wall Street Journal
