MNB to merge with PSzÁF in October
The National Bank of Hungary will take over all activities of financial market regulator PSzÁF from October 1, 2013, business daily Napi Gazdaság said on Thursday, citing several unnamed sources. The MNB proposed a merger with PSzÁF in May, but a position paper on the matter suggested it would take place early in 2014. PSzÁF will be wound up without a legal successor, the paper said.
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.