International Monetary Fund told to vacate the country; nation now issuing debt-free money
The IMF said it would close its Budapest office, as authorities in Budapest seek to reassert their sovereignty ahead of national elections next year.
Excerpt: Instead, the Hungarian government has assumed sovereignty over its own currency and now issues money debt free, as it is needed. The results have been nothing short of remarkable. The nation’s economy, formerly staggering under deep indebtedness, has recovered rapidly and by means not seen since National Socialist Germany.