Ticker	Volume	Price	Price Delta
DJIA	15,307.20	-80.41	-0.52%
S&P 500	1,655.35	-13.81	-0.83%
Nasdaq	3,463.30	-38.82	-1.11%

Ticker

Volume

Price

Price Delta

DJIA

15,307.20

-80.41

-0.52%

S&P 500

1,655.35

-13.81

-0.83%

Nasdaq

3,463.30

-38.82

-1.11%

Ticker	Volume	Price	Price Delta
STOXX 50	2,835.01	+13.36	0.47%
FTSE 100	6,840.27	+36.40	0.53%
DAX	8,530.89	+58.69	0.69%

Ticker

Volume

Price

Price Delta

STOXX 50

2,835.01

+13.36

0.47%

FTSE 100

6,840.27

+36.40

0.53%

DAX

8,530.89

+58.69

0.69%

Ticker	Volume	Price	Price Delta
Nikkei	15,919.00	+291.74	1.87%
Hang Seng	23,066.70	-194.37	-0.84%
S&P/ASX 200	5,101.00	-64.37	-1.25%

Ticker

Volume

Price

Price Delta

Nikkei

15,919.00

+291.74

1.87%

Hang Seng

23,066.70

-194.37

-0.84%

S&P/ASX 200

5,101.00

-64.37

-1.25%

Hungary to Face IMF Demands to Change Taxes, Nepszabadsag Says

By Andras Gergely - 2012-05-08T06:32:08Z

Hungary will face demands from the International Monetary Fund and the European Commission to change its “flat” income tax system in return for aid, Nepszabadsag reported, citing an unidentified government member.

The international lenders will be “determined” in asking for the tax amendments and will also request for a ban to be lifted on building shopping malls and a cut in subsidies for public transport in Budapest, Nepszabadsag said.

Hungary will probably pass amendments to central bank legislation by May 21 or May 29 which may allow the Cabinet to begin aid talks with the IMF as early as the first week of June, Nepszabadsag said.

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

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