Tag: commission

(Adds more comments by Varga) Mihály Varga, state secretary soon to take over the task of Hungary’s chief aid negotiator from Tamás Fellegi, will strive to achieve such credit deal with the IMF... 

The Hungarian government is still gambling, it is holding up the start of formal talks on a credit facility with the IMF/EU on a single minor issue, hoping that it can avoid a deal or at least loosen conditions... 

The optimistic mood that was sparked a month ago when the European Commission gave Hungary the go-ahead to finally start aid talks with the IMF is already gone, an EU diplomat told Reuters on Friday. The... 

The International Monetary Fund (IMF) is ready to start talks with Hungary on a financial assistance programme as soon as outstanding issues over the central bank (NHB) are resolved, the Fund’s resident... 

Mihály Varga, Hungary’s incoming aid negotiator, expects formal negotiations with the International Monetary Fund (IMF) and the European Union on a financial assistance programme to start as soon... 

Hungary's government has more than enough financing to cope should the situation in Greece deteriorate further, an official at the economy ministry said on Wednesday. "We have no direct linkages with... 

The European Commission’s Spring Forecast published on Friday sends a send message for Hungary, namely that Budapest will report one of the slowest economic growth figures in the Central and Eastern... 

(Adds details, charts) Hungary’s economy is to contract by 0.3% in 2012 but grow by 1% next year, the European Commission said in its Spring Forecast on Friday. Brussels see the country’s... 

The meeting of Hungarian Prime Minister Viktor Orbán and European Commission President José Manuel Barroso resolved the disputes between Budapest and Brussels only transitionally. The independence of the... 

Hungary is ready to start talks with the International Monetary Fund (IMF), but the parties are yet to agree on the schedule of the negotiations, said Tamás Fellegi, Hungary’s minister without portfolio... 

We are members of the European Union, Mr. Barroso is the President of the European Commission and not our boss, said Hungarian Prime Minister Viktor Orbán on Friday. In his usual weekly interview with... 

Early this week it seemed likely that Hungary will at last be able to sit to the negotiating table with the IMF and the European Commission on a financial assistance programme soon. Some of the most sensitive... 

The International Monetary Fund’s (IMF) Resident Representative in Budapest reportedly addressed Hungary’s pending aid talks with the Fund at a conference on Wednesday. Portfolio.hu has contacted... 

The European Commission is satisfied with the changes Hungary implemented to the central bank statute, but refers Hungary to the Court of Justice on the independence of the data protection authority and... 

The European Commission's announcement that it will start financial aid talks with Hungary is positive, Fitch Ratings said on Thursday. Nonetheless, the process of securing assistance will be uncertain... 

Hungary expects its new precautionary loan from the European Union and International Monetary Fund (IMF) to be smaller than the EUR 20 billion package that brought the country back from the brink of collapse... 

The European Commission’s decision to give the go-ahead to Hungary starting negotiations on financial assistance with the EU and the IMF can be seen as a positive step, but worries over Hungary remain... 

The College of Commissioners that opened various infringement procedures against Hungary in January, including on the independence of the central bank (NBH), has decided to drop the procedure on the national... 

Hungary's government can start talks on an international financing backstop once it implements legal changes agreed with the European Commission to its central bank law, a top Economy Ministry official... 

If everything goes well the European Commission can bring a decision already today to give the go-ahead to Hungary to start formal negotiations with the International Monetary Fund (IMF) on a financial...