March 18, 2013
January 18, 2012
June 8, 2011
January 31, 2011
March 24, 2010
Article IV Staff Reports
Financial Sector Assessment Program
Projected % Change
Source: World Economic Outlook (April 2013)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
Hungary: Financial Position in the Fund
Transactions with the Fund
IMF Resident Representative
Office in Hungary
Regional Office for Central Europe and Baltics
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|Hungary and the IMF|
Updated April 20, 2013
|The last Article IV Executive Board Consultation was on March 18, 2013. Listed below are items related to Hungary, in reverse chronological order (you can also view items by category).
|December 04, 2009 -- Hungary -- Letter of Intent and Technical Memorandum of Understanding, December 04, 2009|
PDF File Size: 384Kb
|December 04, 2009 -- IMF Survey: Reforms Should Follow Stabilization in EU's New Members|
European Union countries in central and eastern Europe worst hit by the global financial crisis have successfully stabilized their economies and now should focus on reforms to put them back on the road to convergence with other EU members.
|December 02, 2009 -- â€The impact of the crisis on new EU member statesâ€ Role and Contribution of the Fund in the Crisis, Keynote remarks by Marek Belka,Director, European Department, Brussels, December 2, 2009|
|November 19, 2009 -- Press Release: European Commission and IMF Welcome Reaffirmed Commitments of the Largest Foreign Banks in Hungary|
|November 16, 2009 -- Press Release: IMF Mission to Hungary Reaches Staff-Level Agreement on Fourth Review Under Stand-By Arrangement|
|October 28, 2009 -- IMF Survey: Agreement with Banks Limits Crisis in Emerging Europe|
In an interview, Erik Berglöf (European Bank for Reconstruction and Development) and Anne-Marie Gulde (IMF) discuss the impact of the European Bank Coordination Initiative, which has played a key role in helping emerging Europe avert systemic crisis.
|October 19, 2009 -- Hungary: Third Review Under the Stand-By Arrangement, Requests for Extension of the Arrangement, Rephasing of Purchases, and Modification of Performance Criterion|
Series: Country Report No. 09/304
|October 04, 2009 -- Statement by Didier Reynders Deputy Prime Minister and Minister of Finance, Ministère des Finances, Belgium|
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 312Kb
|September 25, 2009 -- Press Release: IMF Executive Board Completes Third Review Under Hungary's Stand-By Arrangement, Extends the Arrangement, and Approves €53.7 Million Disbursement|
|September 16, 2009 -- Hungary -- Letter of Intent and Technical Memorandum of Understanding, September 16, 2009|
PDF File Size: 373Kb
|September 07, 2009 -- IMF Mission to Hungary Reaches Staff-Level Agreement on Third Review and Extension of Stand-By Arrangement|
|August 03, 2009 -- IMF Survey: Hungary Succeeds in Early Return to Market Financing|
Hungary's government raises €1 billion in July by selling bonds on international capital markets—a step that signals the return of investor confidence in the central European country, which has one of the economies hardest hit by the global financial crisis.
|June 30, 2009 -- Hungary: Second Review Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Request for Modification of Performance Criteria - Staff Report; and Press Release on the Executive Board Discussion|
Series: Country Report No. 09/197
|June 23, 2009 -- Press Release: IMF Completes Second Review Under Stand-By Arrangement with Hungary and Approves €1.4 Billion Disbursement|
|May 20, 2009 -- European Banking Group Coordination Meeting for Hungary, Concluding Statement by Participating Parent Banks|
Held in Brussels, Belgium
|May 20, 2009 -- Press Release: Joint IMF, EC Press Release on the European Banking Group Coordination Meeting for Hungary|
|May 18, 2009 -- Press Release: IMF Mission to Hungary Reaches Staff-Level Agreement on Second Review of Stand-By Arrangement|
|April 25, 2009 -- IMFC Statement by Mr. Didier Reynders, Deputy Prime Minister and Minister of Finance of Belgium|
On behalf of: Austria, Belgium, Republic of Belarus, Czech Republic, Hungary, Republic of Kazakhstan, Luxembourg, Slovak Republic, Republic of Slovenia, Turkey. PDF File Size: 331Kb
|April 24, 2009 -- Transcript of a Press Conference on European Outlook by Marek Belka, Director of the IMF's European Department with Ajai Chopra, Deputy Director of the European Department, and Anne-Marie Gulde-Wold, Senior Advisor in the European Department|
|April 24, 2009 -- IMF Survey: Financial Sector Key to European Recovery: IMF|
While there is room for cautious optimism that Europe’s economy will turn the corner in mid-2010, the financial sector holds the key to recovery and governments must act more forcefully to clean up banks, Marek Belka, head of the IMF’s European Department, says.