Bloomberg News

Hungary Talks between Lagarde, Fellegi to be Informal, IMF says

January 12, 2012

Jan. 12 (Bloomberg) -- Discussions between International Monetary Fund Managing Director Christine Lagarde and Hungary’s envoy Tamas Fellegi in Washington today are informal, an IMF spokesman said.

“These are not negotiating discussions, this is not a negotiation for the program, it’s an informal discussion,” Gerry Rice, the director of the IMF’s external relations department, told reporters.

He also said an IMF monitoring mission to Italy would take place later this month “or very soon thereafter.”

An IMF team will start a visit in Egypt next week, Rice said to initiate “discussions on possible IMF support.”

--Editors: Kevin Costelloe, Gail DeGeorge

To contact the reporters on this story: Sandrine Rastello in Washington at srastello@bloomberg.net

To contact the editor responsible for this story: Christopher Wellisz at cwellisz@bloomberg.net


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