Orban: „Agreement with IMF Unlikely“

Politics ♦ Published: February 1, 2013; 18:23 ♦ (Vindobona)

According to Hungary´s Prime Minister Viktor Orban, the IMF tries to put pressure on Hungary.

Orban: „Agreement with IMF Unlikely“ / Picture: © Wikipedia / Európa Pont

Orban thinks that Hungary´s government and the IMF will not reach a common solution. The financially stricken country seeks for an IMF loan for more than a year. The size of the loan comes at € 15bn to € 20bn. Hungary has applied for a precautionary credit line. In case of a financial crisis, IMF would grant a credit. Moreover, the financial institution would not require economic…

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