Hungary’s PM-elect says MNB governor will remain in post
Péter Magyar maintains it is ‘not necessary’ for new government to engage in conflict with Varga
Hungary’s newly elected prime minister has said he will not seek the removal of the central bank governor, Mihály Varga.
At his first international press conference following his party’s landslide election victory, Péter Magyar said on April 13 that Hungary was in a “very difficult financial and economic situation”. He believed the Central Bank of Hungary (MNB) was following its mandate of ensuring stability, though he noted that he could be “persuaded otherwise”.
In his victory speech the
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: www.centralbanking.com/subscriptions
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on People
People: January to March 2026
A round-up of central bankers in the news and on the move during the past three months
People: Williams to continue leading BIS markets committee
Plus appointments in Baltics and departures at Bank of Canada
Economists expect BoK to tilt hawkish under Shin
Expert says new governor to bring ‘distinctly BIS-influenced framework’ to South Korean central bank
Hyun Song Shin nominated as Bank of Korea governor
BIS’s former top economist says he will helm central bank at ‘critical juncture’
People: Austria nominates IMF executive director
Plus: Turkey’s former governor joins Canadian finance firm; new Bulgarian deputy nominated
Hélène Rey to head BIS monetary and economic department
Scholar of international monetary system will replace Hyun Song Shin later this year
Bangladesh Bank faces fresh questions over independence
Experts question governor’s affiliations after lawyers petition Supreme Court to have him removed
People: Braddick to take charge at UK’s prudential watchdog
Plus: BoE also appoints first executive director for monetary policy