Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Hungary IMF Agreement to Stabilize Forint, Confidence, OECD Says

Hungary needs to reach an agreement with the International Monetary Fund and the European Union on financial aid as such a deal is “a necessary first step” to stabilize the forint and restore market confidence, an executive at the Organization for Economic Cooperation and Development said.

Hungary, which faces an economic contraction of 0.6 percent this year, needs “credible and predictable short-term domestic policies,” Andrew Dean, director at the OECD said at a press conference in Budapest today.

The government relies “too much on one-off fiscal measures, Dean said, adding that teh Cabinet should focus on cutting expenditures and consider property and environmental taxes.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.