IMF: List of Demands against Hungary Became Public

Politics ♦ Published: September 7, 2012; 07:34 ♦ (Vindobona)

The list contains demands of the IMF against Hungary and is the precondition for the safety loan of € 20bn. However, the list could be a counterfeit.

IMF: List of Demands against Hungary Became Public / Picture: © Vindobona.org

This week, the Hungarian newspaper “Magyar Nemzet” has published a list of demands against the Hungarian government. As Hungary applied for a safety loan at IMF, further cuts in public expenditures are expected. Hungary aims to reach a loan ranging from € 15bn to € 20bn.

According to this list, IMF expects “structural improvements with a size of 2.0% of GDP”. Above…