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?
- ANIMALS / HUMOR / IMAGES : Cats: Love Them Or Hate Them; Website Now Lets Owners Shame Them.
- CUBA : A Look Inside Cuba's Notorious Combinado del Este Prison ; No Free Speech Results From Dissidents Travels.
- RUSSIA : RuNet Glossary; 10 Must Know Slang Words.
- Microsoft's Gaffe: Black Man In US Ad Becomes White In Poland.
- BELARUS: 13 April UPDATE: 2 "Confess" For Minsk Subway Bomb That Killed 12, Injuring 200..
- Petrobras Eyes Angola For More Oil Investments.
- Summarizing Mexico's Dire Oil Situation.
- POLAND: Jaroslaw's Opposition Party Expells 3 Top Members.
- HONDURAS: Poll Shows Majority Consider Zelaya The President.
