ADVERTISEMENT

MNB rejects accusations by economy minister that report does damage

History

The National Bank of Hungary rejected accusations by National Economy Minister György Matolcsy on Thursday that a report it will publish is damaging to the country. The central bank staff do their work "in line with professional standards" and "their projects are well founded and objective", the MNB press department said. Matolcsy told a conference earlier in the day that a report the MNB would publish suggesting Hungary's state debt is set to increase "harms, to a very large degree, the authority of the National Bank of Hungary, Hungary's bank of issue, the Hungarian financial system and Hungary". Hungary's government has made reducing the country's state debt a priority, even writing a cap into the new constitution.

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan Debt

ÁKK Sells HUF 82.5 bln of Bonds at Auction, Above Plan

EC Puts Hungary 2024 GDP Growth at 2.4% EU

EC Puts Hungary 2024 GDP Growth at 2.4%

HU-rizon Program: HUF 8 bln Funding for International Resear... Science

HU-rizon Program: HUF 8 bln Funding for International Resear...

Inspiring Women at the Focus of Gourmet Fest In Budapest

Inspiring Women at the Focus of Gourmet Fest

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.