Hungarian Markets Losing Hope Of IMF Loan

  • 17 Apr 2012 9:00 AM
Hungarian Markets Losing Hope Of IMF Loan
The belief that Hungary might not reach an agreement with the IMF and the EU on a standby loan agreement is gaining ground on the currency market, London-based analysts said on Monday. Worries that Hungary would be reluctant to accept the conditions attached to aid from the IMF and the EU have resurfaced, causing tension on the market, analysts with Capital Economics observed.

The loan issue will be resolved only if Hungary is “pushed to the brink of a crisis,” the economists said."

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.

  • How does this content make you feel?