Credit Suisse: Hungarian Elections Bode Well for European Stock Markets

Morgan Stanley analysts wrote in a report that the pro-European party led by Mtys Pter, the Tzsa Party, winning the election would be a positive for European stock markets. They expect that Hungary will now cooperate more with the European Union, paving the way for the release of the approximately 90 billion euros in loans that the country currently vetoed for Ukraine. Analysts said that this loan would boost investor confidence in European stock markets.