„IMF Is Not Our Enemy“

People ♦ Published: July 17, 2012; 19:22 ♦ (Vindobona)

Hungary´s Prime Minister Viktor Orban returns to the bargaining table. The country needs up to € 20bn.

„IMF Is Not Our Enemy“ / Picture: © Wikipedia / Európa Pont

Today, Hungary and the IMF recommenced their negotiations. Hungary aims to reach a loan ranging from € 15bn to € 20bn.

Orban stressed that the IMF would not be Hungary´s enemy. „It is not about Hungary´s survival, but only about a safety net.“ In the past, Orban underlined that Hungary aims to maintain the access to the capital market. The loan should help Hungary to…

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