Hungary passes controversial central bank bill

national-bank-of-hungary

The Hungarian parliament on December 30 passed a controversial central bank law, despite concerns it may threaten the National Bank of Hungary's (NBH) independence.

According to Hungary's Ministry of Public Administration and Justice, an overwhelming majority of the Hungarian parliament supported the bill, with 293 members voting in favour of it compared with just four votes against it.

The new law will introduce several changes into the central bank's legislative framework including measures to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: