"The Government is sticking to its previously adopted deficit target of under three percent", announced Minister without portfolio Mihály Varga on Friday in reaction to the European Commission's winter forecast.
The IMF and EU delegations, which have just concluded a visit to Budapest, are "positive" about Hungary's measures to restore the country's fiscal balance over the past two years, Mihály Varga, the country's chief negotiator said in a statement on Monday.
The Hungarian Government has been right to stick to its own opinion on certain issues regarding an agreement on a financial safety net with the International Monetary Fund (IMF), chief negotiator Mihály Varga said on Sunday.
Coordination talks are under way with the International Monetary Fund and an IMF delegation is scheduled to visit Hungary between January 14 and 26 next year when official talks could be started, Hungary’s chief negotiator Minister Mihály Varga said on Tuesday.
Hungary's chance of reaching an agreement on a financial backstop from the International Monetary Fund and the European Union has diminished as positions have stiffened, Mihály Varga, Hungary’s chief negotiator said in an interview published in business daily Napi Gazdaság on Friday.
Minister Varga said that Hungary's official talks with the European Union and the International Monetary Fund on a loan agreement had stalled but coordination talks focusing on how to kick-start growth were still under way. IMF experts recognise the Government's efforts to reduce the deficit, he said.
Hungary can repay its maturing debt next year if external conditions remain unchanged, Minister Mihály Varga, the country's chief negotiator in talks with the International Monetary Fund (IMF) and the European Union, said on public television on Monday.
Hungary's government still awaits recommendations from international lenders which could be included in the 2013 budget due for approval in mid-December, Chief Negotiator in talks with financial organisations Mihály Varga told Hungarian daily Népszabadság on Friday.
Hungary trusts that talks on financial aid will resume this year, the government's Chief Negotiator Mihály Varga told a conference on Tuesday.
The Government desires a deal with the International Monetary Fund (IMF) and the European Union (EU), Hungary’s chief negotiator Mihály Varga stated in Hungarian television HírTV’s program, Rájátszás.