EU Has No Plan to Resume Hungary Aid Talks Amid Legal Probes
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The European Union said it has no plans currently to resume financial aid talks with Hungary after Premier Viktor Orban rejected requests to withdraw a new central bank regulation.
The EU and the International Monetary Fund broke off talks on a financial aid package last month after Orban’s lawmakers, who have a two-thirds parliamentary majority, pushed ahead with the adoption of the central bank law, which the Budapest-based Magyar Nemzeti Bank said undermines its independence.