Central Bank Policy: Which Way is Forward?

HUNGARY - Report 10 Feb 2014 by Istvan Racz
Executive Summary Since our latest report on 9 January, important new information has surfaced in six areas. This included an eyebrow-raising speech by MNB governor Matolcsy in late January, an official announcement on the third wave of administrative cuts in public utility tariffs, a government threat to banks to tighten regulation on cost-free cash withdrawals from ATMs, an agreement between centre-left opposition parties to run in coalition at the parliamentary election, an intergovernmental agreement with Russia on the construction and the financing of a nuclear power plant, and further...

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