The relevant law states that any new interest rate should be announced at 2 p.m. and that the written justification should be published one hour later.

Matolcsy has not made a public statement since taking the governor’s post three weeks ago.

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'.