Hungarian PM: IMF deal this autumn

Hungarian Prime Minister Viktor Orbán said he expects to see an IMF deal in the autumn. “Naturally, there are differences in viewpoints and opinions, but I see the will on both the Hungarian and on the other side to reach a deal,” the government’s International Communications Office quoted him as saying on Wednesday, citing Dow Jones Newswires. The office also suggested it should be possible to cut a deal without scrapping the government’s billion-euro job protection plan, which is dependent on a controversial proposed tax on financial transactions – even those of Hungary’s central bank – that has already been criticised at the European level.

For the full story, please see The Budapest Times