MNB governor urges Parliament to elect an MPC member
National Bank of Hungary (MNB) governor György Matolcsy called for the soonest possible election of a new member of the Monetary Policy Council (MPC) to be elected as soon as possible by Parliament, in a letter written to Speaker of Parliament László Kövér, the MNB told Hungarian news agency MTI yesterday.
Matolcsy has written the letter after Monetary Council member Andrea Bártfai-Máger resigned from her post as of July 6, 2016, because of her appointment as government commissioner for postal affairs and national financial services.
Head of the Prime Ministerʼs Office János Lázár announced on June 30 the retirement of Zsuzsanna Németh, who until now was responsible for postal affairs and national financial services as state secretary.
The candidate nominated for Monetary Council membership is elected by Parliament after a hearing by Parliamentʼs economic committee.
Under the regulations in effect, the external members of the Monetary Council are nominated by Parliamentʼs economic committee.
Hungary Gasoline Prices 3% Over Regional Avg
Hungary to Address Future of Cohesion Policy During EU Presi...
120,000 Guest Workers Employed in Hungary
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
