Hungary
Euro may boost Hungary growth report shows
HUNGARY - Joining the euro could boost economic growth in Hungary by between 0.6 to 0.9 percentage points annually for 20 years, according to a report published yesterday by the National Bank of Hungary, the central bank.
National Bank of Hungary paper on the euro
RESEARCH - National Bank of Hungary Occasional Papers - 'Adopting the euro in Hungary: expected costs, benefits and timing', edited by Attila Csajbok and Agnes Csermely and released on 28 October.
Hungary: Central bank rejects PM's plea on rates
HUNGARY - Zsigmond Jarai has said that the current rate of interest is appropriate.
Hungary president blocks probe on secret services
HUNGARY - Hungary's state president and the head of the central bank have become embroiled in growing controversy over Communist-era links with the secret services.
Hungary's Jarai admits reporting to secret service
HUNGARY - The chairman of the National Bank of Hungary Zsigmond Jarai yesterday protested against publishing his personal data, but today, he gave a statement to a Hungarian newspaper. The report comes from BBC monitoring.
Jarai should remain as chief of Hungary's c bank
HUNGARY - Zsigmond Jarai will remain in his position as head of the National Bank of Hungary (MNB), Peter Medgyessy, the probable next prime minister of Hungary told reporters on Monday.
Hungarian ctrl bk to coordinate data after glitch
HUNGARY - The National Bank of Hungary and the Central Statistics Office, or KSH, Wednesday signed a pact to harmonize data collection, two days after the central bank revised and more than doubled the 2001 current account deficit.
Ernst & Young to audit central bank
HUNGARY - The Hungarian state audit office, ASZ, has recommended Ernst & Young over two other auditing firms to audit the National Bank of Hungary for the next five years, Econews reports.
Hungary nat bank to amend reserve regulations
HUNGARY - The monetary council of the National Bank of Hungary (NBH) decided on Monday to amend the mandatory reserve regime, effective 1 February 2002, the Bank said in a statement.
Hungary's nat bank launch euro info campaign
HUNGARY - The National Bank of Hungary will launch an information campaign on 15 November to help Hungarian individuals to smoothly change their cash holdings in the 12 outgoing European currencies, estimated to be worth some HUF 70bn,NBH vice president…
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.
Hungary PM nominates new monetary council member
HUNGARY - Prime Minister Viktor Orban has nominated Tamas Karo, a U.S.-Hungarian dual citizen and a personal advisor to the President of Hungary, to the National Bank of Hungary's Monetary Council, state news agency MTI says.
Hungary's National Bank appoints deputy presidents
HUNGARY - The National Bank of Hungary has appointed Henrik Auth and Peter Adamecz as deputy presidents.
Hungary aims to introduce euro in 2006
HUNGARY - The government expects that Hungary will introduce the euro as its currency as of 1 January 2006, Zsigmond Jarai, head of the National Bank of Hungary (MNB) said at a business conference on 26 July.
Hungarian bank says June deficit was misprint
HUNGARY - The National Bank of Hungary said on 1 August that the figure of EUR129.2 million for the June current account deficit, published in its quarterly inflation report 1 August, was a misprint.
Central Europe govt's on collision with c-banks
CZECH REPUBLIC - With elections due in all three of central Europe's leading economies in the next year, governments seeking to raise public sector spending risk bruising rows with their central banks.
Hungary publishes euro recommendations for banks
HUNGARY - The National Bank of Hungary (MNB) has published recommendations to commercial banks regarding the introduction of euro coins and notes in 12 EU member states as of 1 January 2002.
National Bank of Hungary - Annual Report 2000
ANNUAL REPORT - The National Bank of Hungary has published its Annual Report for the year ended 2000.
Mon council member resigns at new central bank act
HUNGARY - Professor Janos Kornai, one of Hungary's most prominent economists, has announced his resignation from his position on the monetary council of the National Bank of Hungary (MNB).
CB to work out ideas for commercial banks on euro
HUNGARY - The National Bank of Hungary (MNB) is preparing recommendations to commercial banks regarding the introduction of euro coins and notes in 12 EU member states as of 1 January 2002, MNB spokesperson Gabor Missura said.
National Bank of Hungary appoints deputy governors
HUNGARY - The National Bank of Hungary, the central bank of Hungary, has appointed Peter Adamecz and Henrik Auth as deputy governors.
Monetary council member resigns in Hungary
HUNGARY - Professor Janos Kornai, one of Hungary's most prominent economists, has announced his resignation from his position on the monetary council of the National Bank of Hungary (MNB).
Hungarian parliament passes new central bank act
HUNGARY - The Hungarian parliament passed the new Central Bank Act late evening of 19 June. The new act relegates supervisory authority over the National Bank of Hungary (MNB) to the State Audit Office (ASZ), and replaces the current central bank council…
Hungary introduces inflation targeting system
HUNGARY - The central bank council has approved that the National Bank of Hungary (MNB) operate a monetary system based on implicit inflation targeting, MNB president Zsigmond Jarai announced at a news conference 12 June.