July 22, 2010 / 2:34 PM / 7 years ago

IMF willing to resume Hungary talks- spokeswoman

WASHINGTON, July 22 (Reuters) - The International Monetary Fund is ready to resume negotiations with Hungary at any time, an IMF spokeswoman said on Thursday as the country's prime minister signaled he would not seek a new IMF program.

"We remain engaged with the Hungarian authorities and we are ready to resume the specific negotiations and return there at any time," spokeswoman Caroline Atkinson told a regular news briefing.

The EU and IMF suspended talks over the country's 20 billion euro bailout package on Saturday after the government refused to abandon a big tax on bank profits that the IMF said will squeeze lending and affect growth.

Asked whether the Hungarian authorities had informed the IMF it would not seek a new program, Atkinson said: "We are ready to continue discussions."

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below