Economics
Hungary Starts IMF Talks as Economists Predict Delay
This article is for subscribers only.
Hungary will probably miss its goal of obtaining an International Monetary Fund loan by the end of October as Prime Minister Viktor Orban gears up for a re-election bid in 2014, according to a survey of economists.
Talks which started today in Budapest will yield an agreement after October, according to eight of 12 economists surveyed by Bloomberg News yesterday. Four expect a deal in October, six by the end of the year and two in 2013.