Socialists criticize release of new banknotes

History

Reflecting on the National Bank of Hungary’s announcement that it wil revamp Hungarian banknotes, the opposition Socialists party said that the government has dropped plans of introducing the euro.

Sándor Burány, Socialist head of parliament’s budget committee, told Hungarian news agency MTI that “the government prefers a weak forint, which increases the burden on families by tens of thousands a month”.

Hungarians are in instant need of strengthening measures on the national currency rather than a facelift to banknotes, he added. The Socialists also called for MNB Governor György Matolcsy’s resignation, as he is “not suitable for his position.”

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