negotiations

4 February 2013

The stalemate between the Hungarian Government and the IMF over the negotiations for a loan facility are regularly cited by the Hungarian media as a prime example of the government’s obduracy in the face of superior knowledge.  Prime Minister Viktor Orbán and his Finance Minister, Györgyi Matolcsy are held up by many in the media as being financially illiterate and incapable of understanding the finer points of global finance.