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IMF confirms to resume talks with Hungary

By   || August 24, 2010 at 18:58 GMT
|| 8 comments || Add comment

A month or so ago, Hungary told the IMF to take their austerity and shove it, but they appear to be softening that line as the current IMF lending program draws to a close.

The IMF says it will engage with Hungary with a view toward bridging remaining differences, according to a Reuters headline. The news is modestly EUR supportive as Hungarian funding problems would weigh on Euro zone banks…

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8 Responses to “IMF confirms to resume talks with Hungary”

  1. marko matan on August 24th, 2010 19:07 GMT

    you mean forint supportive?

  2. Dcoios on August 24th, 2010 19:18 GMT

    No forint suportive IMHO just Goulash.

  3. Grandizer on August 24th, 2010 19:19 GMT

    Is that a pennant forming on the hourly EUR/USD, or is it malformed?

  4. carcrash on August 24th, 2010 19:24 GMT

    Grandizer–you want to go up, see AU now :)

  5. John on August 24th, 2010 19:35 GMT

    Jamie, off topic, when do you think Aud will have their hung political situation resolved?

  6. Jamie Coleman on August 24th, 2010 19:38 GMT

    No clue, I’ll leave that to my Asian associate in a few hours to pontificate upon….I’m blissfully ignorant of Australian politics.

  7. Dcoios on August 24th, 2010 19:56 GMT
  8. ForexLive US wrap-up: Bad US data a dollar downer for a change | ForexLive on August 24th, 2010 20:42 GMT

    [...] IMF/Hungary to resume talks [...]

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