Central Bank of Hungary (MNB)
National Bank of Hungary paper measures degree of real wage rigidity in labour market
National Bank of Hungary study says Hungary ranks among the lowest in countries with downward real wage rigidity
Poland moves to halt zloty decline
National Bank of Poland intervenes in foreign exchange markets for third consecutive week to curb depreciation of zloty; Central Bank of Brazil also acts to smooth flow of real against dollar
Risk management in central and eastern Europe: Hungarian research paper
National Bank of Hungary releases working paper that looks at risk management approaches in central and eastern Europe
Hungarian governor requests meeting to discuss loans
Andras Simor wants to discuss ways to help Hungarians struggling under the burden of loans; asked to share ideas on financial stability with prime minister
Hungary holds as inflation moves closer to target: minutes
National Bank of Hungary minutes shows decline in inflation suggested return to 3% target would not necessitate a monetary tightening
National Bank of Hungary paper assesses input distortions in CEE countries
National Bank of Hungary identifies labour and capital market distortions in central and eastern European countries
Hungary’s Simor under fire over financial loss
National Bank of Hungary governor András Simor defends management record after predecessor criticises $224 million loss
Tensions ease in Hungary: reports
Members of Monetary Council say tensions are easing between government and central bank
EBA appoints first executive director
Ex-Hungarian Financial Supervisory Authority chairman Adam Farkas confirmed as executive director of European Banking Authority
Hungary revamps inflation report
National Bank of Hungary says enhancements will improve efficiency of monetary policy communications
Hungary selects final two external rate-setters
Hungarian parliament selects two external rate-setters to National Bank of Hungary’s Monetary Council, taking it to full capacity
Hungary names two external members to MPC
Hungarian parliament nominates two economists as external members to National Bank of Hungary rate-setting committee
Central bank wage cap backfires on Budapest: reports
Hungarian government could be pushed to amend controversial central bank salary cap as problems mount in finding suitable external rate-setters
National Bank of Hungary – Lending survey (Q4 2010)
National Bank of Hungary’s fourth quarter of 2010 lending survey shows unexpected tightening of credit conditions in Hungary
Budapest wrests control to name external rate-setters
Hungarian lawmakers pass amendment to central bank law giving parliamentary committee right to appoint all four of external rate-setters on seven-strong Monetary Council
Budapest can muscle in on rate-setting council, but will not control policy: Simor
National Bank of Hungary governor András Simor says even if the Hungarian government gets its way on the appointment of external rate-setters, appointees will have deliver on the central bank’s goals
Number of central bankers on the rise
Central banks increase staff, reversing decade-long downsizing trend
ECB blasts Budapest again
European Central Bank says draft law to give parliament the right to appoint the majority of rate-setters further erodes National Bank of Hungary’s independence
Hungary discontinues bond purchasing scheme
National Bank of Hungary to discontinue mortgage bond purchase scheme next year; says programme only managed to reduce liquidity premia on domestic bonds to small extent
Budapest sets sights on Hungary’s rate-setting council
Hungarian government seeks amendment giving a parliamentary committee full control over majority of appointments to central bank’s Monetary Council
Hungary voices concerns over banking climate
National Bank of Hungary warns new government tax and appreciation of the Swiss franc will severely impair bank lending and its contribution to economic growth
Hungary sets four hour limit for retail payments
National Bank of Hungary issues decree requiring banks to settle electronic payments within four hours; move may cost banks up to $40m, admits deputy
National Bank of Hungary tests hybrid inflation targeting rule
National Bank of Hungary study says hybrid regime takes best of price-level and inflation targeting regimes
Hungary told to lift cap on central bankers’ pay
European Commission says Hungary could face legal action if it does not lift salary cap on central bank employees