Bloomberg Anywhere Login


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

Hungary Expects IMF Agreement by End-October, Reuters Reports

June 28 (Bloomberg) -- Hungary expects to sign an agreement with the International Monetary Fund and the European Union on a credit line of “close to” 15 billion euros ($19 billion) by the end of October at the latest, Reuters reported, citing Mihaly Varga, the country’s chief bailout negotiator.

An agreement may be completed “any time from mid-August until the end of October,” Varga told Reuters in an interview. The government is seeking a flexible credit line rather than a standby agreement from the Washington-based lender, Varga said, Reuters reported.

To contact the reporter on this story: Edith Balazs in Budapest at

To contact the editor responsible for this story: James M. Gomez at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.