Markets

Matolcsy's mortgage problem in Hungary

Foreign currency debt - that is the problem facing György Matolcsy, Hungary's central banker known for his unorthodox policies. More than half the household and company debt in Hungary is not in forints. Peter Attard Montalto, emerging markets economist at Nomura, discusses with deputy emerging markets editor Jonathan Wheatley how Hungary is tackling this and the resilience of foreign investors despite such risks.