Hungary’s leader ready to back down in EU dispute / Orbán reprimanded by EU over budget

Viktor Orban, Hungary’s prime minister, appeared to back down on the 20 January 2012 on a key issue in the country’s dispute with the European Union, increasing market optimism that talks could soon start on a financial support package from the EU and IMF.

PressEurop: Topic: Hungary under Viktor Orbán http://www.presseurop.eu/en/content/topic/1359231-hungary-under-viktor-orban

Spiegel Online International, 24.1.12: Europe's Conservatives Fail to Criticize Hungary http://www.spiegel.de/international/europe/0,1518,810863,00.html

EurActiv, 9.2.12: Hungary ready to accept most EU 'mistakes' http://www.euractiv.com/future-eu/hungary-revise-laws-eu-opposes-mep-sz-jer-news-510699

EUObserver, 24.1.12: Hungary risks losing EU funds, ministers say http://euobserver.com/19/115003

Council of the European Union: Press Release, PRES/11/20: Council finds Hungary's action on excessive deficit insufficient http://www.consilium.europa.eu/uedocs/cms_data/docs/pressdata/en/ecofin/127501.pdf

BBC News, 24.1.12: EU Parliament speaker Schulz warns Hungary's Orban http://www.bbc.co.uk/news/world-europe-16706772

ESO: Background information: Brussels to rap Hungary over central bank / EU to take legal action against Hungary http://www.europeansources.info/record/brussels-to-rap-hungary-over-central-bank-eu-to-take-legal-action-against-hungary/

BBC News, 21.1.12: Thousands of Hungarians rally to back embattled PM Orban http://www.bbc.co.uk/news/world-europe-16669498

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