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Hungary: IMF Talks Begin Next Week
Politics ♦
Published: July 14, 2012; 19:10 ♦ (Vindobona)
The financially stricken country seeks a second bailout by IMF. Hungary negotiates over a loan sized € 15bn.
Hungary: IMF Talks Begin Next Week / Picture: © Vindobona.org
Next Tuesday, negotiations between the International Monetary Fund and the Hungarian government will start. In December, the negotiations were broken up. According to Hungary´s chief negotiator Mihaly Varga, the negotiations with IMF end ECB on the € 15bn bailout may be concluded in October. Last week, Hungary´s Parliament held a vote to open the negotiations and approved the plan…
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