Banks look to IMF on Hungary tax

European banks expect the International Monetary Fund to raise concerns about a bank tax introduced by Hungary’s new government in 2010, which they claim would undermine the economic recovery.

ESO: Background information: Hungarian PM sets out economic plan http://www.europeansources.info/record/hungarian-pm-sets-out-economic-plan/

EurActiv, 6.7.10: Hungary’s banks reeling after government tax http://www.euractiv.com/euro-finance/hungary-banks-reeling-government-news-496045

---