Central Banking

Suranyi cites record of six years of econ growth

In his farewell speech on Feb. 8, 2001 National Bank of Hungary (NBH) president Gyorgy Suranyi emphasized the sustainable growth achieved in Hungary since 1996. Speaking at a press conference in Budapest, Mr Suranyi, whose term expires on March 1, reviewed the development of Hungarian economy and the central bank during the six years he was in office.

He also introduced an NBH study prepared on the developments of the period. Inflation had been on the rise for more than a year and the country's

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