May 18, 2012, 4:27 pmThe 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...
May 18, 2012, 3:23 pmThe 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...
May 17, 2012, 2:00 pmThe 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...
May 17, 2012, 10:37 amHungary expects to start talks about a new financing deal with the European Union and the International Monetary Fund (IMF) in June, and a deal could be realistically reached in the autumn, Hungary’s...
May 17, 2012, 9:12 amMihály 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...
May 16, 2012, 3:38 pmThe biggest problem of the International Monetary Fund (IMF) with regard to Hungary’s Central Bank Act is not among the well-known concerns, local business daily Napi Gazdaság reported on Wednesday....
May 16, 2012, 2:45 pmHungary'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...
May 16, 2012, 8:53 amHungary can realistically reach an agreement with the International Monetary Fund (IMF) on a EUR 15 billion financial assistance programme in the autumn, said Mihály Varga, the Prime Minister’s chief...
May 11, 2012, 8:18 am(Adds details) Hungary’s Prime Minister Viktor Orbán has announced on Friday that he will reshuffle his cabinet. Tamás Fellegi, who has been in charge of talks with the International Monetary Fund...
May 9, 2012, 8:56 amHungary's central bank (NBH) could start carefully reducing interest rates after the government begins talks with international lenders on a new loan to stabilise the country's indebted economy, two policy...
May 4, 2012, 2:37 pmThe 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...
May 4, 2012, 8:39 amThe International Monetary Fund (IMF) has no mission planned to start negotiations on a financial assistance programme for Hungary yet, as the Fund awaits “adequate steps" to be taken by the cabinet...
May 3, 2012, 9:08 amIt would not be a wise move by Hungary’s government not to draw from the IMF/EU’s financial assistance package once it is secured, said 70% of nearly 6,100 Portfolio.hu readers in an online...
May 2, 2012, 4:57 pmHungary will first need to implement the requested law amendments and can start aid talks only then, said Tamás Fellegi, the country’s chief negotiator said in an interview published on Wednesday....
May 2, 2012, 8:18 amHungary 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...
April 27, 2012, 8:59 amEarly 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...
April 27, 2012, 8:15 amThe 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...
April 26, 2012, 10:30 amThe European Commission announced on Wednesday that Hungary has taken “sufficient action and commitments" to start negotiations on “precautionary balance of payment assistance." Markets cheered...
April 26, 2012, 9:28 amHungary 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...
April 25, 2012, 2:40 pm(Adds Portfolio.hu viewpoint) Hungary did not rule out on Wednesday tapping international markets before it seals a precautionary loan deal with the International Monetary Fund (IMF) and the European Union...
