* EU finmins prepare to freeze development funds for Hungary
* OECD sees economic contraction, urges new fiscal measures
* Report criticises Hungarian cbank law, other unconventional reforms
* Says further fiscal consolidation could create room for rate cuts
By Krisztina Than and Robin Emmott
BUDAPEST/BRUSSELS, March 13 (Reuters) – The European Union prepared to freeze half a billion euros in aid to Hungary on Tuesday, for the first time punishing a member state for flouting [...]




