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Hungary stages mass protest against new constitution

As officials arrived for a gala event to celebrate the new constitution, protesters chanting slogans and carrying placards denounced what they called Prime Minister Viktor Orban's "dictatorship."

Mixed messages from today's European bond auctions

Italian 10 year bond rates are finally back under 7 percent ... but only just. Meanwhile Hungary looks like the next target of bond markets.
Monti bondsEnlarge
Mario Monti today at a press conference following an auction of 10-year Italian bonds that saw yield prices come down below the danger level of 7 percent (GABRIEL BOUYS/AFP/Getty Images)
Italian 10 year bond rates are finally back under 7 percent ... but only just. Meanwhile Hungary looks like the next target of bond markets.
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Hungary for a "fat tax"

GRAZ, Austria — Indulgent Hungarian specialities like deep-fried goose fat would not be given special treatment.
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