Latest amendments to Hungarian central bank law appease IMF

national-bank-of-hungary2

The Hungarian government today (June 27) revealed the contents of a letter from Christine Lagarde, the managing director of the International Monetary Fund (IMF), which appeared to give the latest version of the country's controversial central bank law the green light.

"The proposed amendments and commitments address our key concerns," said the letter.

The passage of the law has been disputed since its inception due to concerns it infringed on the independence of the central bank. The European

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 info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

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

.