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IMF-Loan: Orban Demonstrates Optimism
Politics ♦
Published: September 18, 2012; 20:07 ♦ (Vindobona)
According to Hungary´s Prime Minister Viktor Orban, the negotiations with IMF are proceeding on schedule.
IMF-Loan: Orban Demonstrates Optimism / Picture: © Vindobona.org
Orban is optimistic that the negotiations may be concluded quickly. Hungary aims to reach a loan ranging from € 15bn to € 20bn. The loan should help the country to reach lower interest rates on new sovereign bonds.
Hungary´s chief negotiator Mihaly Varga underlined that Hungary´s market sentiment is positive, the country risk would decline and the forint became stronger.…
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