Hungarian Lawmakers Approve Central Bank Law in Snub IMF, European Union

December 30, 2011
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Hungarys chances of obtaining a bailout receded after lawmakers approved new central bank regulations that prompted the International Monetary Fund and the European Union to break off talks this month.

Parliament in Budapest stripped central bank President Andras Simor of his right to name depu…
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Published: Fri, 30 Dec 2011 21:49

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