Gov’t to set up advisory body for convergence program

Initiatives

The government will create a Convergence Council to advise it on Hungary's convergence program, Prime Minister Ferenc Gyurcsány announced in Parliament on Monday.

A cabinet meeting on Wednesday will discuss further details of the Council. Gyurcsány said he had asked Erik Bogsch, CEO of drug maker Richter Rt, András Simor, president-CEO of the Hungarian unit of consultancy Deloitte, and György Surányi, CEO of CIB Bank Rt and head of the Central European operations of Italy's Intesa banking group, to be members of the council.
Gyurcsány said the government would start consultations on Hungary's convergence program with the National Bank of Hungary (MNB), and it would present the planned program to the National Interest Coordination Council, which represents employers and unions, by mid-August.
The modified convergence plan must be submitted to Brussels by September 1.

ADVERTISEMENT

More Romanians at poverty risk since the COVID pandemic Analysis

More Romanians at poverty risk since the COVID pandemic

Meeting called to address Pegasus spyware lacks quorum  Parliament

Meeting called to address Pegasus spyware lacks quorum 

Skanska commercial dev unit names new EVP of operations Hung... Appointments

Skanska commercial dev unit names new EVP of operations Hung...

Zsa Zsa Gabor's ashes buried in Budapest City

Zsa Zsa Gabor's ashes buried in Budapest

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.