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Hungary PM rejects IMF terms, hopes fade for deal
Sep 07, 2012 at 08:20 | Source: Reuters
Hungary threw hopes for a new loan to prop up its sagging economy into disarray on Thursday as Hungarian Prime Minister Viktor Orban rejected what he called unacceptable IMF conditions, crushing prospects for a fast agreement.
Cut to junk, Hungary agrees to work with EU, IMF
Nov 26, 2011 at 02:02 | Source: Reuters
Hungary's right-of-centre government agreed on Friday to mend ties with the EU, the IMF and the country's banks to stabilise the economy after credit agency Moody's cut Budapest's debt rating to "junk" and triggered a steep market selloff.
IMF: Hungary reform plans promising, details key
Jan 24, 2011 at 15:00 | Source: Reuters
The direction of reforms Hungary has pledged to announce next month is "promising" but only the details will show if they ensure a sustainable fiscal adjustment, the country's IMF representative said on Monday.
Hungary, under fire, faces rough ride at EU helm
Dec 31, 2010 at 09:12 | Source: Reuters
Under fire from its EU partners for a series of unorthodox policy initiatives, Hungary faces a rough ride when it takes over the rotating presidency of the bloc this week in the midst of a deep European debt crisis.
Moody`s cuts Hungary close to junk, govt defiant
Dec 07, 2010 at 12:54 | Source: Reuters
Hungary's government stood by its unorthodox economic policies on Monday after credit rating agency Moody's cut it to just above "junk" grade and said it may lower further if public finances are not put on a sound footing.
What next after Hungary bites bullet on 2011 budget?
Sep 13, 2010 at 07:30 | Source: Reuters
Hungary's centre-right government has bowed down to European Union demands to finally bring its budget gap below the bloc's 3% of GDP ceiling next year, shelving plans to widen the deficit.

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