Rogán: Merger of cbank, finance watchdog only a possibility
If parliament approves the amendment proposing a merger of the tasks and powers of the central bank and financial watchdog PSZAF, that will only create a possibility, and the new rule would not automatically lead to a merger, head of parliament’s economic and IT committee Antal Rogan said on Thursday.
A possible merger could take place any time later, "even as late as in 2015", Mr Rogan said, adding that any merger should be stipulated in a cardinal law, requiring a two-third majority in parliament and it would also warrant an amendment to the law on the central bank.
A new law on the central bank is right now debated in parliament after the government introduced the relevant bill on Wednesday.
ADVERTISEMENT
Bourse Turnover Reaches HUF 181 bln in November
India's G20 Presidency, Dawn of New Multilateralism - Narend...
Production Resumes at Ganz's Szolnok Plant
TikTok Commits to Improved Consumer Communication in Hungary
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.
