Bloomberg the Company

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Hungary May Amend Central-Bank Law If EU Requests, MTI Reports

Don't Miss Out —
Follow us on:

April 23 (Bloomberg) -- Hungary may further change its central-bank law if amendments presented by the government last week aren’t accepted by the European Union, state-owned news service MTI reported, citing ruling-party lawmaker Antal Rogan.

The amendments didn’t address all the criticism from the Hungarian central bank and the European Central Bank, Andras Simor, the Magyar Nemzeti Bank’s president, told a parliamentary committee hearing today, which Rogan led, MTI said.

The appointment of a third vice president and additional members to the rate-setting Monetary Council, which would be allowed under the law, would be “unjustified,” Simor told the hearing today, MTI reported. Central bank salaries also remain as a dispute to be solved, Simor said, according to MTI.

To contact the reporter on this story: Andras Gergely in Budapest at agergely@bloomberg.net

To contact the editor responsible for this story: Gavin Serkin at gserkin@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.