Hungary’s financial markets have rebounded from Russia’s August 1998 Financial meltdown but for many local investors the nightmare will continue until 2006. Last month the Investor Protection Fund started to compensate the clients of bankrupt London Bróker, whose activities had been suspended almost a year ago. But since the Protection Fund does not have the money to pay the Ft2.4 billion ($8.9 million) in losses to thousands of small investors, it must spread the payments over the next five to six years.
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