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„Hungary Needs Sustainable Reforms“

Published: February 5, 2013; 15:06 · (Vindobona)

The IMF underline that the country must restore the confidence of international investors. At the moment, Hungary´s government is not forced to continue the talks with IMF.

„Hungary Needs Sustainable Reforms“ / Picture: © Flickr

IMF is in doubt whether the country is able to reduce the public debt level sustainable. In order to reach its austerity targets, Hungary must introduce “sustainable reforms”, the EU Commission and the IMF said. This year, Hungary wants to reach a budget deficit below 3.0% of GDP. At the moment, Hungary´s public debt level comes at 78% of GDP. Due to the revaluation of the forint,…

This article includes a total of 438 words.

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