Hungary Minister: IMF Talks Break Off On Lack Of Austerity | WHAT REALLY HAPPENED

Hungary Minister: IMF Talks Break Off On Lack Of Austerity

Hungary's talks with the International Monetary Fund and the European Union broke off Saturday as the government refused to implement fiscal austerity measures to reach this year's budget deficit target, Economy Minister Gyorgy Matolcsy said Sunday.

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Maybe Hungary decided they didn't feel like impoverishing their own people to make the international bankers that much richer.

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