Orbán sees IMF agreement, without compromise on job plan, in autumn

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Prime Minister Viktor Orbán on Wednesday said he expects to reach an agreement on financial assistance from the International Monetary Fund and the European Union in the autumn, but will not sacrifice a workplace protection plan for the deal, wire services reported.

"Naturally, there are differences in viewpoints and opinions, but I see the will on both the Hungarian and on the other side to reach a deal," Orbán told foreign journalists, Dow Jones reported.

"Nothing will endanger the government's job protection plan, not even a deal with the IMF," he added.

Hungary is seeking precautionary financial assistance from the IMF/EU.

"Talks with the IMF and the EU are going at a good pace and in line with the schedule. The ball is now in Hungary's court to answer recommendations [these bodies made]," Orbán said.

He said the parties at the talks have not discussed the size of the assistance.

"The amount is of no great importance since it's a precautionary agreement," he added.

The Associated Press reported that Orbán said he would propose that MPs of governing Fidesz adopt a resolution preventing any IMF deal from undoing subsidies and tax breaks for employers that are part of the workplace protection plan.

Fidesz is holding a three-day meeting starting Wednesday, ahead of the start of the autumn parliamentary session, AP said.

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