The governor of the Central Bank of Hungary, András Simor, on February 24 offered to donate his salary to struggling economics students if it will help ease the tension with the government over central banker's salaries.
In a letter addressed to the Hungarian prime minister and published on the central bank's website, Simor writes that it is in Hungary's "vital interest" to take the steps necessary to secure "access to an international financial safety net ensuring security for Hungary".
- Bank of Mexico admits $15.2 million went missing in cyber heist
- Is this the beginning of a new era of credit risk management technology?
- Argentina rescue advances as emerging markets suffer outflows
- BoE research says digital currency would ‘strengthen’ policy transmission
- Artificial intelligence: The future of regulation?