Central Banking

Removal of Hugary cenbank head now official

The head of the National Bank of Hungary (MNB) will leave his office on March 1 next year, and changes to the Central Bank Act will be worked out in cooperation with the new governor, Prime Minister Viktor Orban said in an interview with the public television news magazine A het on Sunday.

This is the first public confirmation of long-standing speculations that Orban will not nominate MNB head Gyorgy Suranyi for a second consecutive six-year term as central bank governor when his mandate expi

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