Hungary
Simor nominates deputy governor in Hungary
Newly installed National Bank of Hungary (MNB) governor, Andras Simor, proposed Ferenc Karvalits as the MNB's deputy governor and member of the Monetary Council on Thursday 8 March.
Romania not rushing on euro entry - report
Romania will resist European Central Bank advice to bring forward its target date for adopting the euro, opting instead for a more cautious path towards the single currency, the Financial Times reported Friday 2 March, citing central bank governor Mugur…
Hungarian cb switch to end clashes with government
According to an article published on Friday 2 March by Jurnalo, when Zsigmond Jarai leaves the National Bank of Hungary for the last time today (Friday) the government may well breathe a sigh of relief.
Deloitte chief nominated to Hungary's central bank
Hungarian prime minister Ferenc Gyurcsany on Friday 16 February nominated Andras Simor, chief of the Hungarian arm of auditing and consulting giant Deloitte, as be new governor of the central bank.
Hungary's PM to discuss central bank nomination
Hungarian Prime Minister Ferenc Gyurcsany has invited leaders from the country's parliamentary parties for a meeting next week to discuss the nomination for central bank governor, the bbj.hu website reported Tuesday 30 January.
Report says Deloitte's Simor set to be join NBH
Andras Simor, CEO of the Hungary branch of Deloitte Touch Tohmatsu, is most likely to be the next governor of the Hungarian central bank (NBH), business daily Napi Gazdasag said on Tuesday 23 January, citing sources close to the government as saying.
Hungary plans central bank independence increase
Hungary's government is proposing an amendment to the country's Central Bank Act to increase the independence of monetary policy makers, a spokesman at the Finance Ministry has said.
Deloitte chief linked to Hungarian cb job
The chief of the Hungarian arm of auditing and consulting group Deloitte, Andras Simor, was tipped on Friday 5 January by daily Nepszabadsag to become the new governor of Hungary's central bank.
Paper on central bank interventions
The December 2006 Working Paper "Central bank interventions, communication and interest rate policy in emerging European economies" analyses the effectiveness of foreign exchange interventions in Croatia, the Czech Republic, Hungary, Romania, Slovakia…
ECB issues warning to euro hopefuls
Some of the new members of the European Union lining up to adopt the euro will likely have to wait until the end of the decade, the European Central Bank said Tuesday 5 December.
Euro entry unpredictable - Hungarian CB chief
The National Bank of Hungary believes it is no longer possible to say when the country will be ready to join the euro.
Hungary's Jarai calls for new euro plan
A new convergence program is needed for Hungary to be ready to join the eurozone in 2011, Hungary's central bank Governor Zsigmond Jarai said on Thursday 16 November.
Financial integration of new EU Member States
The ECB Working Paper "Financial integration of new EU Member States" assesses the degree of financial integration for a selected number of new EU member states between themselves and with the euro zone.
NBH to change framework of issuing press releases
The National Bank of Hungary (NBH) announced on Thursday 19 October that it is changing its practice of issuing press releases on the Monetary Council's regular rate-setting meetings.
Central Europe cannot afford to delay the euro
According to this article published by the Financial Times on Monday 9 October, the main reason for stalling central European economies is the reluctance by several governments to embrace monetary union as quickly as possible.
Jarai says Hungarian forint vulnerable
"The forint is one of the most vulnerable currencies in the world," Hungary's central bank governor, Zsigmond Jarai said Wednesday 27 September at a conference hosted by the German-Hungarian chamber of commerce.
IMF paper on currency volatility trends
The IMF Working Paper "Common volatility trends in the Central and Eastern European currencies and the euro" asks how much convergence has been achieved between Central and Eastern European (CEE) economies and the eurozone.
Hungary raises interest rates
The Hungarian central bank surprised markets with a half-point rate hike on Monday.
Slovakia pledges 2009 for euro adoption
In an interview with the Financial Times, Slovakia's finance minister Jan Pociatek said, "It is my personal responsibility to follow the euro commitment," allaying fears that the new leftist government might delay the adoption of the single currency.
Jarai sees euro entry hopes unlucky before 2013
Hungary's central bank (NBH) governor Zsigmond Jarai said on Tuesday 1 August that Hungary's economy was not on the right track and that it has become questionable whether euro adoption could be possible even in 2013.
FT calls Hungary 'sick man of Europe'
"Although no country covets the title of 'sick man of Europe', there are several contenders for it. The frontrunner, though, is Hungary," the Financial Times Lex column said on Monday 17 July, in a piece that was picked up by various media.
Comment: Left out in the cold
While Slovenia celebrates its imminent entry to the eurozone, the Baltic aspirants can feel more than a little peeved by Brussels' handling of their efforts to join the club.
Europe suffers worrying wave of financial chaos
According to this article published Wednesday 5 July by Bloomberg, Europe is increasingly encircled by financial woes. Emerging markets are being hit by a wave of selling, sending currencies falling and interest rates jumping.
National Bank of Hungary - Annual Report 2005
According to the National Bank of Hungary's Annual Report 2005, 2005 was a successful year for the Magyar Nemzeti Bank, both in terms of performing its core duties laid down by law and achieving its organisational objectives.