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Hungary "further from IMF deal" than a year ago: central banker

Hungary's central bank cut rates again on Tuesday to help the shrinking economy even though the bank's Governor said the country was drifting away from an IMF and EU loan deal.The government member in charge of the talks played down the importance of an agreement, speaking later at a conference.After the bank lowered rates for a fourth straight month, its Governor, Andras Simor said Hungary was further from a deal with the International Monetary Fund and the European Union than a year ago when it announced it would seek aid.In unusually blunt remarks, Simor, who has frequently come under fire from Prime Minister Viktor Orban's government, indicated that formal talks with international lenders on a financing backstop had collapsed."Regarding my opinion, I think we are not closer, but further (from an IMF agreement than a year ago)," Simor told a news conference in response to a question after the bank lowered rates by another 25 basis points to 6 percent."I would like to call your atten...

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  5. Mexico's Slim Aims for U.S. Internet TV This Year

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  6. Some Laughs with Imus

    Some funny moments with " Larry King ", "Tony X" and the gang.

  7. Did Iowa Muddle the GOP Waters for 2012?

    Radio Host Michael Graham on the impact of the Iowa caucuses.

  8. State of U.S. Intelligence Community

    Former CIA Operative Mike Baker on the state of U.S. intelligence and intelligence-gathering efforts.

  9. Larry King and the Mob

    Television host Larry King discusses one of his more memorable speaking engagements.

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  11. What Are Democrats and Republicans Doing Wrong?

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  1. Larry King on the Presidential Race

    TV legend Larry King on the Presidential campaign and representing Grandparents.com.

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    Larry Cheng, Volition Capital managing partner, on Facebook’s IPO and what will be the next big brand to make its public debut.

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    FBN’s Diane Macedo breaks down the stories moving the markets ahead of the trading day.

  6. "Larry King " on Anthony Weiner

    Comedian Rob Bartlett as Larry King discusses Anthony Weiner's potential mayoral run.

  7. Rev. Wright Offered Bribe to Stay Quiet During Election?

    “The Amateur” author Ed Klein on his interview with Rev. Jeremiah Wright about his relationship with the President.

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