September 20th, 2012
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Hungary sends bailout deal proposals to IMF

The Hungarian government sent its proposals to the European Commission and the International Monetary Fund on Wednesday morning, minister without portfolio and Hungary’s chief negotiator Mihaly Varga told public television M1’s evening news programme.

The proposals contain the government’s planned steps in the interest of a reaching an agreement with the IMF/EU concerning financial assistance to the country, Mr Varga said.

“We have made proposals for possible changes with special regard to issues around public finance and the budget,” Mr Varga said. He added that the government was committed to fully implementing its job protection programme, but did not exclude the possibility of “fine tuning it”.

The minister also said that a date for the EU/IMF delegation to return to Hungary could be set as early as next week.

The International Monetary Fund has received the amendment proposals of the Hungarian government to resume talks, the IMF’s representative in Budapest Iryna Ivaschenko confirmed to DowJones newswires, without disclosing further details.

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  • Fidesz

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    • Anonymous

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      • Fidesz

        I know, I’m one of them :)

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