Central Banking

Hungary's Nat Bank to build new logistics centre

HUNGARY - The National Bank of Hungary plans to build a new logistics centre, also housing the National Mint - Magyar Penzvero - on the outskirts of Budapest or outside the city, the central bank announced on Friday.

The construction of the new logistics centre will make it easier for Magyar Penzvero to go over to producing euro coins once Hungary is an EU member, the announcement adds. The central bank expects Hungary to introduce the euro within two or three years of joining the EU.

The National

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