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Showing posts with label Hungarian reforms. Show all posts
Showing posts with label Hungarian reforms. Show all posts

Wednesday, May 9, 2012

HUNGARY ON THE CURVE: WILL THE EUROPEAN COMMISSION «STRONGARM» ORBAN?


Sheer amount of reforms, which the current Hungarian government is engaged into, and, most of all, the volume of reformed economic and political institutions is unprecedented. Apart from Prime Minister Viktor Orban, no one, not even the members of his own government, seem to be aware of the complicated situation, which Hungary fetched itself in. The government is under tremendous pressure exerted by the international institutions. Orban awaits the IMF decision regarding the loan for Hungary with the strained attention — this loan may give the markets a positive signal.