Hungary's Simor on the road to the euro

In the speech 'On the road to the euro - good governance and effective partnership' given on 19 April Andras Simor of the Central Bank of Hungary said at the central bank, as in every organisation, a balance needs to be created between corporate and individual decisions and responsibilities.

"While approval of strategic decisions is more fortunate when made by a body, one body making a decision whose implementation encroaches on the competence of another body within the institution needs to be

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