Hungary Made Progress Toward Starting IMF Talks, Natran Says
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Hungary has made progress in efforts to begin talks with the International Monetary Fund and the European Union over a loan, a government official said, helping extend this year’s rally in the forint.
The start of negotiations “hinges on a decision by a top policy maker,” Roland Natran, a deputy state secretary at the Economy Ministry, told Gazdasagi Radio yesterday, according to the audio file posted on the station’s website today. “This could be tomorrow or it could be later, but on the basic questions the positions have moved very close to one another.”