Sunday, August 18, 2013

Loose Ties: Hungary pays off IMF debt, may eye EU exit (VIDEO)

Hungary is about to pay off its debt to the International Monetary Fund and then wants the creditor gone.

The country was saved by Washington-based group with $25 bln loan five years ago but isn't renewing the aid in order to avoid closer scrutiny of its policies.

Alexey Yaroshevsky looks at how Budapest is cutting loose.

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