* IMF chief: no reason for concern over Hungary
* IMF chief: ready for early meeting with Hungarian govt
* Eurogroup's Juncker: Hungarian officials talk too much
(Updates with IMF chief's comments)
By Marcin Grajewski and Jan Strupczewski
LUXEMBOURG, June 7 (Reuters) - The chief of the International Monetary Fund and euro zone finance ministers downplayed on Monday market fears that Hungary, which is outside the single-currency area, could face a debt crisis like Greece.
"I see no reason to be ... concerned. They (the Hungarian government) will do what they have to do. It's difficult," IMF Managing Director Dominique Strauss-Kahn told reporters after talks with finance ministers from the 16-country euro zone.
He said the IMF was ready for a meeting with Hungary's new centre-right government, should Budapest request such talks, ahead of regular discussions in August that are due to assess the Fund's loan programme for the country.
A run on its currency after the global financial crisis erupted in 2008 forced Budapest to seek a $25 billion rescue from the European Union and IMF to avoid economic collapse. Budapest has since stopping drawing on rescue funds.
"On our side, we are ready. It depends on the Hungarian government. I see no reason why it could not happen," he said.
Hungarian government officials spooked markets last week by suggesting Hungary could face a Greek-style debt scenario but ministers have rowed back on those comments, insisting a budget deficit target of 3.8 percent of GDP remained their goal.
Some officials had said earlier that the deficit could reach 7 percent.
TOO MUCH TALK
A number of euro zone officials also brushed aside market concerns about Hungary and said Budapest's troubles did not threaten the currency area.
"I do not see any problem at all with Hungary. I only see the problem that leading politicians from Hungary talk too much," said Jean-Claude Juncker, who chairs meetings of euro zone finance ministers.
Austrian Finance Minister Josef Proel, asked whether Hungary's debt situation posed a risk to the euro zone, said: "I do not think that Hungary can present a danger."
Asked whether Hungary was becoming a new Greece, EU Economic and Monetary Affairs Commissioner Olli Rehn said: "No."
Hungary's government vowed to cut spending on Monday to repair damage from comments last week, but a renewed pledge of tax cuts kept markets on edge.
Economy Minister Gyorgy Matolcsy said the new centre-right government, which took office on May 29, would stick to the deficit target of 3.8 percent and needed to cut spending worth 1.0-1.5 percent of gross domestic product (GDP) to do so.
The forint currency bounced off a one-year low and bond prices rose, suggesting investors' nerves had been soothed to an extent by promises to cut the deficit although economists said details of the government's plans were lacking.
Greece in May became the first euro zone country to require a financial rescue after Athens said it could no longer afford to roll over its debt at rates that the markets were demanding. (Editing by Dale Hudson)