ECB blasts Budapest again


The European Central Bank (ECB) has again attacked plans by Budapest to change the law governing the National Bank of Hungary.

In the latest opinion, published Monday, the ECB condemned plans which would give the Hungarian parliament the right to hire and fire the bulk of the members of the central bank's Monetary Council. The change, proposed by lawmakers late November, would give parliament the right to appoint four of the council's seven members.

At present, Hungary's President is charged wit

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