Hungary seeks three-year, €15 bln precautionary financing from IMF/EU

\"We\'re interested in signing an agreement in the shortest time possible, but, realistically, we can count on early autumn,\" Varga told the paper.
EconomyWednesday, 19:25 May 16., 2012 Read more

State secretary would see €15 billion three-year precautionary assistance from IMF

Mihály Varga attributes the current delay in the start of official talks on the financial assistance to the need of consultations between the IMF and the European Commission on the exact conditions for the launch of the talks.
EconomyTuesday, 06:35 May 8., 2012 Read more

EU will not take Hungary to court over Central Bank Act

Reuters leaked a document saying that "Hungary has now promised to change its legislation and provided additional commitments and clarifications".
PoliticsWednesday, 10:45 April 25., 2012 Read more

Talks on Hungary Central Bank Act held at ECB headquarters

The talks in Frankfurt were expected to produce a solution on disputed points of the law.
EconomyTuesday, 11:10 April 17., 2012 Read more

Forint liquidity of banks rose slightly in March

The rise came after closure of early repayment scheme.
FinanceThursday, 14:45 April 12., 2012 Read more

Analysts put average annual inflation at 5.3-5.6%

Consumer prices rose 5.5% yr/yr in March, slowing from 5.9% in February.
EconomyWednesday, 14:25 April 11., 2012 Read more

Hungary still awaits IMF's reply

The government hopes that the Commission will make a decision quickly.
PoliticsTuesday, 15:55 April 10., 2012 Read more

Offical talks with IMF/EU only after consultations of five-side experts group, Fellegi says

"The government is willing and able to satisfy those conditions that the IMF would like to see as preconditions," Fellegi said.
EconomyFriday, 15:05 April 6., 2012 Read more

IMF spokesman says no dates for start of official talks with Hungary

"Before we do that, we have to see signs of tangible steps that show the authorities' strong commitment to engage on all the policy issues relevant to macroeconomic stability," IMF spokesman says.
EconomyFriday, 10:55 April 6., 2012 Read more

Gov't ready to start talks with IMF/EU at any time

The Prime Minister's spokesman says "it is in our interest for the talks to begin as soon as possible".
EconomyThursday, 12:40 April 5., 2012 Read more

Hungarian envoy continues informal talks with IMF officials

EconomyWednesday, 07:55 April 4., 2012 Read more

IMF expected to grant Hungary €10-15 bln credit line

The deal could be signed three weeks after the government resolves its dispute with the European Union.
EconomyMonday, 17:35 April 2., 2012 Read more

Monetary Council decides to keep key rate on hold at 7.00%

Council said high volatility of risk perceptions and underlying inflation continued to "warrant a cautious policy stance".
FinanceTuesday, 15:40 March 27., 2012 Read more

Hungary foreign issue may happen before IMF deal if market favorable

Reaching a deal before the end of June was "in everybody's interest," AKK head says.
EconomyFriday, 10:55 March 23., 2012 Read more

Hungary foreign bond issue to follow IMF agreement

This year's foreign exchange expiries include about €3.4 billion repayment on loans granted under a 2008 EU/IMF standby agreement to the IMF.
EconomyFriday, 10:30 March 23., 2012 Read more

No IMF/EU deal before 3Q

Still, the government needs an agreement to ensure sustained medium-term financing.
EconomyThursday, 08:25 March 22., 2012 Read more

IMF agreement “automatic” if Hungary meets EU conditions

The road to Washington leads through Brussels, Fiscal Council chairman said.
EconomyWednesday, 15:50 March 21., 2012 Read more

Fitch sees IMF-EU deal for Hungary in spring

Securing the EU-IMF funding would have sufficient benefits for Hungary, despite the government's recent upredictable rhetoric and policy track record, Fitch said.
EconomyMonday, 09:40 March 19., 2012 Read more

Talks with IMF focused on economic-financial issues

Positions have moved considerably closer, Fellegi said after the informal talks in Washington.
EconomyMonday, 09:05 March 19., 2012 Read more

Speedy agreement with IMF-EU most important OECD recommendation

The agreement on financial assistance would "help restore confidence and support needed fiscal consolidation", a fresh OECD survey reveals.
EconomyTuesday, 13:30 March 13., 2012 Read more

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