Hungary's Socialists Against Matolcsy At National Bank

  • 14 Jan 2013 8:00 AM
Hungary's Socialists Against Matolcsy At National Bank
The Socialist Party is urging Prime Minister Viktor Orbán to make a responsible decision and nominate an independent person recognised by the banking community rather than Economy Minister György Matolcsy for the post of central bank governor.

 MP István Józas told reporters on Saturday that Matolcsy is playing with fire and had weakened the forint by stating that MNB policy is wrong.

The central bank should be independent, but not of common sense, Józas said.

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.

  • How does this content make you feel?