Hungary IMF talks suspended

Article reports that Hungarian assets could come under selling pressure on the 19 July 2010 after the International Monetary Fund and European Union postponed the conclusion of a budgetary review in Budapest, insisting that the government must rethink its proposals.

ESO: Background information: Banks look to IMF on Hungary tax http://www.europeansources.info/record/banks-look-to-imf-on-hungary-tax/

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

IMF: Country Report: Hungary and the IMF http://www.imf.org/external/country/HUN/index.htm

IMF: Press Release, No.295, 2010: Statement by the IMF Mission to Hungary http://www.imf.org/external/np/sec/pr/2010/pr10295.htm

Deutsche Welle, 18.7.10: IMF, EU suspend talks on emergency loan to Hungary http://www.dw-world.de/dw/article/0,,5812819,00.html

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