Our objective is to provide English speaking readers interested in Hungary with a well balanced view of political activities in Hungary by featuring contents from various printed and online sources together with our own commentaries. We are convinced that Hungary is built on all sorts of different ideas, thoughts and opinions and, despite of the new Media Law, our aim is to provide an alternative and reliable source of information – contrary to the one-sided press of the government – for those who want to hear the voice of a free Hungary.

Vice President of the ruling Fidesz party gives it to the IMF

  • PDF
  • Print
  • E-mail
A delegation of International Monetary Fund experts is currently assisting Hungarian authorities not because they were invited, but because they wanted to come, said Lajos Kósa, Vice President of the ruling Fidesz party. He said the IMF’s resident representative is "so unfamiliar with the Hungarian situation" that consulting would be futile. Local daily Népszabadság reported last week that a delegation from IMF is currently in Hungary, as the government has asked for the international lender's assitance to overhaul the municipal system.
It was not the government that invited a group of IMF experts to Hungary, they "came on their own", Kósa told public television on Monday morning. "[...] they asked for an appointment and we have given one," he added.  
Kósa’s remark saying that the IMF was not invited, it "just came" to Hungary is more than strange in view of the fact that the IMF itself also confirmed last week’s report that it is providing local authorities technical assistance. And the National Economy Ministry also said in a statement - instead of the previously adopted chilly tone - that "in the area of fiscal policies the IMF... is in possession of a highly valuable knowledge base, which Hungary as a member state draws on, similarly to other member states."
Kósa was the one that said in June 2010 that Hungary was close to collapse and was daunting with Greece, spooking markets and sending the forint on a downward spiral. He said today the government is in between a rock and a hard place with regard to the IMF, which helped bail the country out in late 2008. "[...] if we [the cabinet] choose not to talk with them [the IMF]" then we get slammed for "being such a prat that we wouldn’t even talk with them". In Kósa’s view asking for a new credit facility from the IMF "is not realistic" and the government "does not plan doing so either". "If we chose this we would drift deeper into what we are trying to get out of," he added. He added that the IMF’s resident representative, Iryna Ivaschenko "is so unfamiliar with the Hungarian situation that it makes no sense to consult." Asked about a recent comment by Fiscal Council chief Zsigmond Járai, who said a new credit deal with the IMF could not be excluded, Kósa responded that Járai based his remark "on different calculations", adding that his words "refer rather to keeping relations than to a realistic scenario." This was not the first time Kósa lashed out at the IMF.
Source: Portfolio.hu
 

Newsletter Subscribe Module







freelogo

We are looking for volunteer English-speaking translators!

Opinion

Written on 15 May 2013, 20.52 by admin
Thursday 2 May 2013 I was looking forwards to a bit of good PR today. I held a joint press conference with Budapest City Mayor, Istvan Tarlos, to...
Written on 01 May 2013, 21.05 by admin
Friday 19 April 2013 Today my weekly interview with Kossuth radio was aired. Naturally I was asked about the EU and their objections to our new electoral...
Written on 24 April 2013, 14.26 by admin
I would like Bajnai Gordon to become the next prime minister with Ferenc Gyurcsány as head of communications. He could always explain what Bajnai's...
Written on 17 April 2013, 19.17 by admin
Thurdsay 11 April 2013 The war of words with Western Europe continues. Tibor is fighting on our behalf. He has written articles, or made statements to...
Written on 17 April 2013, 13.48 by admin
Let's take a look at the latest developments in the country that is the last dictatorship of the European Union. A man was brutally killed by two...
Written on 10 April 2013, 10.53 by admin
Thursday 4 April 2013 Today the new governor of the Hungarian Central bank made an important announcement. We (oops, I mean the governor of the Central...

Visitors Counter

mod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_countermod_vvisit_counter
mod_vvisit_counterToday133
mod_vvisit_counterYesterday571
mod_vvisit_counterThis week133
mod_vvisit_counterLast week3392
mod_vvisit_counterThis month8425
mod_vvisit_counterLast month11855
mod_vvisit_counterAll days1611364