Populist Platform To Drag On Negotiations

September 2010
Emerging Europe Monitor: Central Europe & Baltic States;Sep2010, Vol. 17 Issue 9, p5
Country Report
The article focuses on the approved bank tax by the parliament in Hungary on July 22, 2010 which is expected to gain one billion dollars from the financial sector in 2010-2011. It mentions that the banking community is alarmed by the bill which is expected to get criticism from the representatives of the European Union (EU) and the International Monetary Fund (IMF). Meanwhile, the plan to adopt a two-year deal with IMF and EU is centered on regaining the confidence of investors in the economy.


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