Hungary - C bank accused of discredited policies

Members of the Hungarian Socialist Party have criticised the National Bank of Hungary saying the monetary policies of the central bank have been discredited after the MNB only warned about the dangers of an overspending budget policy after the elections.

Source: Kossuth Radio, Budapest

The MSZP [Hungarian Socialist Party] agrees with the economist, Laszlo Bekesi [former Socialist minister], who described the monetary policies of the central bank as having been discredited. He said that this was