Hungary not playing "Turkish game" with IMF talks

BUDAPEST (Reuters) – Hungary hopes that credit rating agencies Fitch and S&P will wait for the results of its talks with the International Monetary Fund (IMF) and the European Union (EU) before taking any rating action, a top government official said on Sunday. The country, whose economy is seen among the most vulnerable in central Europe, returned to the IMF for help after more than a year without a financing backstop, only to see its debt downgraded to “junk” by Moody’s this week, triggering a market selloff. …