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Page last updated at 09:29 GMT, Wednesday, 11 January 2012

Is Hungary next to need a bailout?

Hungary is the latest European country to face a potential economic storm, with the possibility of bankruptcy without a bail out from the IMF or EU.

Professor Ngaire Woods, of Oxford University's Blavatnik School of Government and member of the IMF European Regional Advisory Group, gives her analysis on what is likely to happen to the country.

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