György Barcza appointed ÁKK chief
György Barcza was appointed CEO of the Government Debt Management Agency (ÁKK) today by Economy Minister Mihály Varga, the National Economy Ministry said today. The appointment is to take effect on February 1.
Barcza (pictured) is replacing István Töröcskei, who resigned form the position in December, a few days after the withdrawal of the license of Széchenyi Bank, where Töröcskei is a majority owner, due to alleged irregularities cited by the central bank and the financial market regulator.
Barcza used to work for ING and K&H as macroeconomic analyst before becoming the chief analyst of Századvég and the editor-in-chief of Napi Gazdaság.
Századvég group is best known for their research arm, which is closely affiliated with ruling party Fidesz. The group has seen its revenues grow tenfold in the past four years and 2015 might be the best year ever for the group, according to reports. Napi Gazdaság has been known to publish Fidesz-friendly news.
Hungary Gasoline Prices 3% Over Regional Avg
Gov't Wants Sustainable Business Model for Magyar Posta
120,000 Guest Workers Employed in Hungary
Budapest Airport Wins 'Best Airport in Eastern Europe' for 1...
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.
