Hungary will stick to EBRD deal 100 percent

April 16, 2015 2:06 PM

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BUDAPEST, April 16 (Reuters) - The Hungarian Prime Minister's Chief of Staff, Janos Lazar, on Thursday said the government would stick to the terms of a recent memorandum of understanding about easing the burdens of the country's banks "one hundred percent."

The memorandum with the European Bank of Reconstruction and Development stipulated a reduction of the country's windfall tax on banks, mentioning no conditions, and the government promised not to introduce new punitive measure against banks.

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