State bail-outs for indebted, inefficient and over-politicized banks were supposed to be a thing of the past in Hungary. Not so. As its rivals rake in profits - transforming Budapest into the financial hub of eastern Europe - the country's second-largest financial institution, Postabank, has limped back to the warm milk of public funds for yet another capital increase as the government makes yet another push to find a buyer for the troubled bank.
May 01, 1998