Tuesday, 10 May 2011

Atlantic International Partnership Headlines: Ireland’s progress on meeting conditions of EU-IMF programme for financial support

http://atlanticinternationalpartnershipreviews.com/?p=51MARGINAL NOTES : GYRÖGY MATOLCSY, the Hungarian finance minister and the current chairman of the EU Council of Economic and Finance ministers, knows a thing or two about embracing the IMF, his country having received a €20 billion bailout in 2008. Hungary, which holds the rotating EU presidency, is still struggling with an unwieldy deficit, but it has enjoyed a bond rally of late, which means its borrowing costs are falling.

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