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Hungary to Pay Back IMF Credit
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Published: August 14, 2013; 09:54 ♦ (Vindobona)
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A year earlier than necessary € 2.15bn go back to the International Monetary Fund (IMF).
Hungary to Pay Back IMF Credit / Picture: © Vindobona.org
Hungary has, according to reports by the government, paid back the billion-worth credit one year ahead of the deadline. The outstanding debts in the amount of € 2.15bn were settled on Monday, according to the Ministry of Economy. The last rate of the bail out package by IMF and the European Union in the volume of € 20bn would have been due in the third quarter of 2014…
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