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International Monetary Fund

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Hungarian Named into IMF Board of Directors

Oct 29, 2020

Dániel Palotai, who was Executive Director and Chief Economist at the National Bank of Hungary for over seven years until last month, will be on the Board of Directors of the International Monetary Fund from November 1. The Hungarian economist has been an advisor to the IMF since September this year. As the news site […]


Hungary repays IMF loan

Aug 12, 2013

Hungary repaid its outstanding SDR 1.9 billion (EUR 2.15 bn) debt to the International Monetary Fund (IMF) on August 12. The governing party welcomes the move while the opposition considers it a costly communication bluff.

IMF delegation in Budapest in January 2013 | MTI / László_Beliczay

IMF recommends new policy course for Hungary

Jan 28, 2013

Hungary needs a "new policy course to deliver the required medium-term fiscal adjustment in a sustainable way to support growth and confidence, repair the financial sector, and promote structural reforms to boost the potential of the Hungarian economy."

| D&T archive

Hungary-IMF deal further delayed

Nov 20, 2012

The International Monetary Fund (IMF) and the European Commission will wait for the approval of the 2013 budget and then there could be further development in the current negotiating stage, Hungary’s chief aid negotiator Mihály Varga said this Tuesday.

EU delegation leader Barbara Kauffmann (on the left) and the head of the IMF Representation Office in Budapest

IMF-EU talks with Hungary continue in September

Jul 26, 2012

A delegation by the International Monetary Fund and the European Union, which held talks on precautionary financial assistance to Hungary in the past eight days, will return to Budapest in September, Hungarian Prime Minister Viktor Orbán has stated.

| D&T Arvhive

Hungary-IMF talks may start early summer

May 17, 2012

Hungary future IMF negotiator, Mihály Varga, expects formal negotiations with the International Monetary Fund (IMF) and the European Union on a financial assistance program start as soon as early summer thanks to meeting the preconditions for the talks.

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Hungary's talks with IMF, EU interrupted

Dec 16, 2011

Preparatory talks between Hungary's government, the IMF and the European Union on a precautionary loan were interrupted on Friday, Amadeu Altafaj Tardio, spokesman for Economic and Financial Commissioner Olli Rehn said.

Minister György Matolcsy | MTI / László Beliczay

Hungary seeks new IMF deal

Nov 18, 2011

Hungary expects to sign a new agreement with the International Monetary Fund (IMF) and the EU early next year, the country's Economy Ministry said on Friday. Hungary, in a reversal of policy, wants to see the IMF act as an "insurance".

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