BBC
PM Viktor Orban desperately wants some E15-20bn in loan aid backup from the IMF and EU.
But Orban seemingly won't back down from legislation that pressures the central bank to promote growth...and threatens its independence.
Thus...the IMF and EU have ended talks.
In November...Moody's lowered Hungary's sovereign debt...to 'junk'.
Popular Posts
- RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
- BOLIVIA: Morales Continues Verbal Assault On USA's "Meddling"; USAID Expulsion Threatened.
- CZECH REPUBLIC: Poll Shows Czechs Finicky About Tolerance.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- UKRAINE / EU : Kyiv Cancels Yalta Summit...After 13 Leaders Bail; Yulia Ends Hunger Strike, Accepts Medical Treatment.
- ARGENTINA : Ex-President De La Rua Tried For Corruption.
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- BRASIL: CBank Lowers SELIC 8th Time...To Historic 8%.
- BOLIVIA: Raging River Sweeps Away Bus, Truck; At least 34 Dead.
- SLOVENIA : 100,000 Public Workers Strike Over Wage Cuts; PM Jansa Under Pressure.
