July 16th, 2012

Quotable: György Surányi on getting, and needing, help from the IMF

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“If the current economic policies continue unabated, I don’t see any chance of an agreement [with the IMF]. But if there was an fundamental shift in economic policy, [Hungary] wouldn’t need the international financial institutions.”

Former Hungarian National Bank president and current Intesa SanPaolo regional head György Surányi on the government's forthcoming talks with the IMF on a precautionary bailout package for Hungary. [origo.hu]
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  • Rolrox

    With the various taxes and poorly thought through policies, both current and previous administrations of HU are angling to see this come true, that is, no banks investing in HU.

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