Hungary passes amendments to central bank law

Hungary's president has signed into force a controversial set of amendments to the law governing the country's central bank, which gives the prime minister the ability to appoint a majority of the bank's monetary board.

The president refused to sign the first version of the bill on the basis that it went against its stated purpose and limited the bank's independence from political control. The bill was returned to parliament last week for reconsideration, but it passed a second reading on 14

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