NEWS WATCH: EU, IMF Agree to Multibillion-Dollar Rescue Package for Hungary

BUDAPEST, HUNGARY (BosNewsLife)-- The International Monetary Fund, the European Union and World Bank have agreed to a $25 billion economic rescue package for Hungary to strengthen confidence in its economy. It has been described as the largest financial aid measure for an emerging-market economy since the start of the worldwide financial troubles, and the first for an EU-member country.