MNB says no change in planned report schedule

The National Bank of Hungary (MNB) said Thursday "there will be no change in the publication schedule of its reports it has to prepare under the law". "All reports planned to be published this year will be published", the bank said. The bank's statement came after press reports noted that the MNB's website indicates that the bank's next Report on Financial Stability will be published only on May 21, meaning a delay compared to the earlier April date. The next Inflation Report will be published according to the original schedule on March 28, the website shows. The MNB's press statement said that some press reports regarding the restructuring of the MNB were not accurate. The online version of business weekly HVG reported on Thursday that a decision had been made on delaying the publication of the Stability Report and that there was some minor delay in the preparations of the Inflation Report because the new management did not call the staff consultations, which are traditionally a key part of the process of preparing these documents.