council decis june provid medium term financi assist hungari eec council european commun regard treati establish european econom commun articl thereof regard propos commiss submit consult monetari committe regard opinion european parliament hungari undertak fundament polit econom reform decid adopt market economi model reform implement financi support commun strengthen mutual confid bring hungari closer commun hungari commun enter negoti conclus european agreement establish relationship associ decis eec council decid grant hungari medium term loan facil maximum amount ecu million order permit countri overcom difficulti structur adjust economi intern environ hungari central eastern european countri face addit extern shock jeopard financi stabil balanc payment deterior sharpli hungarian author request financi assist intern monetari fund imf group industri countri commun estim financ provid imf world bank offici bilater creditor financi gap ecu million remain cover order prevent eros hungari reserv posit avoid addit degre import compress jeopard achiev polici object underli govern reform effort commiss coordin assist group invit countri provid medium term financi assist hungari support countri balanc payment strengthen reserv posit question risk guarante gener budget european commun examin context renew interinstitut agreement budgetari disciplin improv budgetari procedur commun loan manag commiss treati provid adopt decis power articl decid articl commun grant hungari medium term loan facil maximum amount ecu million princip maximum averag durat year view ensur sustain balanc payment situat strengthen reserv posit end commiss empow borrow behalf commun resourc dispos hungari form loan loan manag commiss full consult monetari committe manner consist agreement reach imf hungari articl commiss empow negoti hungarian author consult monetari committe econom polici condit attach loan condit consist agreement refer articl arrang made group commiss verifi regular interv collabor monetari committe close coordin group imf econom polici hungari accord object loan condit fulfil articl loan made hungari instal instal releas extend arrang conclud hungari imf instal period quarter subject articl fund paid nation bank hungari articl borrow lend oper refer articl carri date involv commun transform matur exchang interest rate risk commerci risk commiss step hungari decid includ loan condit exercis earli repay claus request hungari circumst permit improv interest rate loan commiss refin part initi borrow restructur financi condit refinanc restructur oper carri accord condit set paragraph effect extend averag durat borrow concern increas amount express current exchang rate capit outstand date refinanc restructur relat cost incur commun conclud carri oper decis born hungari monetari committe inform develop oper refer paragraph year articl year commiss address european parliament council report includ evalu implement decis luxembourg june council presid juncker oj oj oj