Report: President may not sign MNB’s secrecy law
Hungary’s President János Áder may not sign legislation passed by the Hungarian Parliament yesterday, under which the use of public money provided to the National Bank of Hungary’s (MNB) foundations can remain classified, Hungarian online daily Magyar Nemzet reported today.
The legislation comes following the Budapest City Courtʼs ruling that the Pallas Athéné Domus Animae Foundation must, by law, publish the flow of public money amounting to approximately HUF 260 billion, issued to the foundation, after Socialist MP Bertalan Tóth won a suit requesting this information, online daily index.hu reported. If the legislation comes into effect, this ruling will be annulled, index.hu added.
Attila Péterfalvi, the head of Hungary’s data protection authority NAIH, strongly objected to the proposal last week when it was submitted to Parliament by a ruling Fidesz MP, index.hu added. He said that the legislation was in violation of the Fundamental Laws of Hungary, index.hu reported.
ADVERTISEMENT
Hungary Agricultural Output Value Grows by 6.5%
Hungarian-American Business Chamber Established in Chicago
Number of Registered Jobseekers Down 3% in November
Mulled Version of Belle-Vue Kriek Makes Debut at Advent Fair
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.
