Central Bank Suggests Major Changes to Hungary’s Pension System The Central Bank of Hungary (NBH) would reform Hungary's pension scheme, according to its recently-published stabilization program. The main points... 2022.05.23.
Central Bank Governor Calls for Program to Boost Competitiveness The central bank is proposing a two-year "competitiveness program" to restore the economy's "dramatically deteriorated" balance, governor György Matolcsy told... 2022.05.19.
Money Museum Opens in Budapest The Hungarian Money Museum (Magyar Pénzmúzeum) and Visitor Center of the Hungarian National Bank officially opened on March 15, the Museum's... 2022.03.17.
Central Bank Head Matolcsy: Hungary Has Failed to ‘Overtake in the Turn’ Although Hungary has been more successful in managing the crisis than many of its European Union peers, it has failed... 2022.02.22.
Central Bank Head Matolcsy: Time to Ban Crypto Trading and Mining in the EU György Matolcsy, Hungary’s central bank (MNB) governor, believes the time has come to ban crypto trading and mining in the... 2022.02.16.
Central Bank Books Loss for First Time under Matolcsy The National Bank of Hungary (MNB) has closed 2021 with negative financial results for the first time since incumbent governor... 2022.02.02.
Asset Declaration: Hungary’s Politicians Hardly Have Any Savings Just like last year, the asset declarations of the Hungarian politicians were published on February 1st. With the help of... 2022.02.01.
Election 2022: Opposition Pledges Central Bank Reform Politicians of the joint opposition on Thursday pledged to renew fiscal and monetary policy and to reform the National Bank... 2022.01.28.
Central Bank Head Matolcsy Calls for Budget to be Brought Back to Balanced Path To curb inflation, the central budget should once again be put on a balanced course and the government must double... 2022.01.25.
Central Bank Head Matolcsy: Tackling Inflation ‘Top Priority’ Inflation is central banks' greatest foe, and tackling it is a vital step towards creating monetary sustainability, György Matolcsy, the... 2022.01.18.
Central Bank Head Matolcsy: Monetary Tightening to Continue in 2022 The cycle of interest rate raises started in June will continue in 2022, as long as it is necessary to... 2021.12.27.
Gov’t Postpones Decision on Budapest Airport Purchase Pointing to the economic situation and world financial trends, the Hungarian government appears to have postponed the decision on the... 2021.12.14.
Central Bank Head Matolcsy: Budapest Should Be Divided Governor and head of the Central Bank, György Matolcsy, wrote an article titled "What could be the solution to the... 2021.12.14.
Central Bank Chief: Gov’t Should Not Buy Back Budapest Airport Bad timing, inflated price, new trends emerging in the world economy, and a need to reduce Budapest's overhead within Hungary,... 2021.12.09.
Hungary’s October Budget Deficit Hits New Record High Hungary’s cash-flow deficit reached HUF 630 billion in October 2021, which is the highest monthly deficit on record in October. The... 2021.11.19.
National Bank Governor Matolcsy: Central Banks Should Promote Green, Digital Switchovers All central banks must promote and support changes aimed at making the economy "green and digital", National Bank of Hungary... 2021.11.19.
Central Bank Head Urges Rethink on Deficit Spending to Restore Balance The way in which Hungary narrows the gap with more advanced economies requires a rethink so that not only is... 2021.11.15.
Governor Matolcsy: Budapest Small in the World, Too Big for Hungary György Matolcsy, the governor of Hungary's central bank, has argued in an op-ed for magyarnemzet.hu that changes are needed to... 2021.11.09.
Governor Matolcsy: Central Bank Crisis Management Successful The National Bank of Hungary (NBH) handled the 2020 crisis successfully, and kept inflation at 3.3 percent, close to target,... 2021.11.08.
Head of Hungary’s Central Bank: Continued Centralization Will Ruin the EU György Matolcsy, Governor of Hungary's Central Bank, has shared his projection of the European Union's future, essentially calling for more... 2021.10.26.
Central Bank Leader Criticizes Gov’t for ‘Not Taking the Best Decision’ Regarding Use of EU Funds in Past Decade This week, the head of the central bank published an article on the website of pro-government Magyar Nemzet about the... 2021.08.24.