- 19 Oct 2012 9:04 AM
Orbán repeated his comment of last Friday to the effect that an agreement with the IMF and the EU is close. He stressed that Hungary needs only a precautionary line of credit, not a loan,
He acknowledged differences of views with the EU as regards the budget, but said these can be managed.
Fidesz caucus leader Antal Rogán echoed Orbán’s comments on TV2 yesterday, saying the government can not help but keep the bank tax high, which is not a positive thing, but is not going to cause much damage to the economy.
Banks have not been lending in the past two years, and this is not going to change, he added. With the fiscal measures announced, it is not peoples’ income that will shrink but banks’ profits, Rogán asserted.
Source: Hungary Around the Clock
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