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Hungary to Start IMF Talks in May If Conditions Met, Says

The International Monetary Fund is ready to start talks with Hungary on a standby credit line in May if the government meets conditions imposed by the European Commission, reported.

IMF officials will hold negotiations in Budapest in April as part of a separate review of Hungary’s earlier bailout in 2008, the news website said.

The Washington-based lender has also made “conditional” plans to begin talks on a fresh aid package in May, said, without citing anyone.

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