Hungary to negotiate with EU about 2011 budget
Hungary will negotiate with the European Union about next year's budget but will also continue talks with other international organisations including the IMF, the prime minister's spokesman said on Thursday.
When it comes to planning next year's budget we will have to negotiate with the EU so with everybody in the right time, Peter Szijjarto told public television M1, reiterating comments made by Prime Minister Viktor Orban in Berlin on Wednesday.
When asked if this meant the IMF could return to Hungary at the end of September or early October to negotiate on a new financing deal, Szijjarto said:
(Economy Minister) Gyorgy Matolcsy had made it clear over the weekend that the Hungarian government would of course continue talks with international organisations including the IMF, EU and the European Central Bank.
Matolcsy told Reuters a week before talks with the IMF and EU fell through last Saturday that Hungary would seek a safety net for the next two years even though it is currently able to finance itself from markets. (Reporting by Krisztina Than)
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