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
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- USA / FASHION / IMAGES: 3D Animal T-Shirts...Standout.
- BRASIL: Lula's Longtime Aide Dirceu...Convicted Of Corruption; 7,500 Troops Sent To Borders In Crackdown Operation 'Agata 6.'
- MEXICO / USA : Charlie Rose VIDEO: 3 Journalists On Pena Nieto, Calderon, Narcos and Security.
- BOLIVIA: Thousands Protest Food Hikes.
- CHILE : 13 Sept UPDATE: Cop Killed, 26 Injured, 255 Arrested During Allende Coup Anniversary Violence; Court Confirms His 1973 Coup Suicide.
- BRASIL : Lula's New Look: No Hair...No Beard...But Keeps the 'Stache.
- COLOMBIA / SPAIN : Spaniard Killed In Barranquilla For Cell Phone.
- SLOVENIA / EUROZONE : Ljubljana Will Seek Bank Bailout.
- COMMODITIES / USA / BRASIL: Is There Pesticide In Your OJ? Fear Sends Futures Up 11% To Record High.