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The Central Bank of Hungry's Deputy Governor, Mihaly Patai, discusses why he's more optimistic about Hungary's recovery picture than others.
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The National Bank of Hungary (MNB) is proposing to maintain the current limit for the mandatory use of the PIN code for touch card purchases, which was increased from HUF 5,000 to HUF 15,000 from March 20, said Lajos Bartha, the MNB’s managing director, at a press conference in Budapest, writes origo.hu.
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The opposition Democratic Coalition has called on György Matolcsy, the governor of the National Bank of Hungary, “to stop weakening the national currency, the forint”.
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Hungary’s budget deficit, excluding local councils, was 1,837 billion forints (EUR 5.16bn) at the end of June, the Finance Ministry said in a preliminary release of data.
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Hungary consumer price index increased by an annual 2.9% in June, the Central Statistical Office (KSH) said.
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The government has expanded its online tax accounting system, heralding a new era in tax returns and efforts to whiten the economy, a finance ministry official has told MTI in an interview.
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