Hungary and the EU suspended talks with the IMF. see why
The delegations of the International Monetary Fund (IMF) and European Union (EU), came to Budapest to discuss an aid to Hungary, left the capital Friday, May earlier than expected, to express dissatisfaction with a draft reform of the bank local plants, reports the Hungarian press, on Thursday.
IMF and EU delegations 'have left Budapest on Friday at dawn, before the end of discussion', reported on its website weekly HVG economy.
According to articles in other media outlets such as Origo or Index, based on Hungarian sources, but also from Washington and Brussels, talks were suspended because of a bill filed Wednesday in the Hungarian Parliament, considered an attack bank independence Hungarian central.
"The negotiations ended informal and formal negotiations will not begin until January," said AFP news service of the Hungarian government, without commenting on information published in the media.
Budapest has started negotiations with the IMF and the EU to ask for financial aid, valued between 15 and 20 billion to cope with serious crises refinancing.
This mission was only an initial, formal negotiations will begin in January to conclude an agreement in February.
IMF, EU and European Central Bank (ECB) Thursday expressed concern about the new draft reform of the national central bank (MNB) which, according to international institutions, would threaten their independence.
The text provides for withdrawal of the MNB Governor prerogative to choose deputies, chief task will return to government.
The project also provides an extension of the reform of the currency board, which decides interest rate policy, from seven to nine persons also increased from four to six the number of external members appointed by parliament, where Fidesz party Viktor Orban's has a majority of two thirds.
According to the Governing MNB Andras Simar, recognized for being in conflict with the Prime Minister, the project looks like "a total takeover of power on the central bank 'by the government.