Hungarian Prime Minister unfriends IMF on Facebook
Budapest: Hungary`s Prime Minister has just used Facebook to unfriend the International Monetary Fund.
Viktor Orban today said in a brief video message on his official Facebook page that Hungary could not accept alleged conditions such as pension cuts and the elimination of a disputed bank tax in exchange for a loan of around USD 15 billion (USD 18.9 billion).
Orban said his government would work on an "alternative negotiation proposal" but that a deal under such IMF demands would be unacceptable. He said, "At this price, not like this."
Yesterday, Orban told journalists negotiations with the IMF and the EU were going according to schedule and both sides were willing to reach an agreement.
The Hungarian economy is in recession and its annual inflation rate is the highest in the EU.
More from India
More from World
More from Sports
More from Entertaiment
- Is Akhilesh Yadav overlooking Muslims as Mulayam Singh alleged?
- DNA: Why did Navjot Singh Sidhu call BJP 'Kaikeyi’, Congress ‘Kaushalya’?
- 38-year-old arrested for ‘raping’ minors in Delhi; assaulted over 600 girls
- BJP announces 149 names in first list of candidates for UP elections
- My father wanted me to be a man of character: Navjot Singh Siddhu
- Geeta Phogat comes to rescue of Zaira Wasim; hits out at trolls, asks actress not to apologise
- ‘Dangal’ star Zaira Wasim says I am not a role model, not proud of what I am doing
- Assembly Elections: BJP releases list of 149 candidates for Uttar Pradesh, 64 for Uttarakhand
- Serial child rapist arrested in Delhi, says 'preyed on girls for sexual satisfaction, enjoyed it'
- China's NSG stand is neither fair nor transparent, says Defence Expert