Tag: ecb

Hungary’s Economy Minister György Matolcsy has submitted the latest amendment proposals to the Central Bank Act and the first modification of the basic law to Parliament. The bill fails to take into... 

The Hungarian government is showing willingness to sort out the disputed issues over the central bank law, which increases chances of bringing closer the views of Budapest and international organisations... 

Five-party talks will commence on Hungary’s Central Bank Act in Frankfurt on Monday between the European Central Bank (ECB), the Hungarian cabinet, the Hungarian central bank (NBH), the International... 

The European Central Bank (ECB) has on Thursday disclosed its opinion on the latest amendments to Hungary’s Central Bank Act. Economy Minister György Matolcsy’s sent a letter to ECB President... 

European Union concerns about the independence of the Hungarian central bank (NBH), which blocked talks on an International Monetary Fund (IMF) credit facility, can be “considered solved," Péter... 

The National Bank of Hungary (NBH) continues to object to the amendments made by the government to the Central Bank Act, including the expansion of the Monetary Council and the appointment of a new Deputy... 

The European Central Bank (ECB) could have further objections to the regulations in Hungary’s Central Bank Act on top of those that it has already put forward, local daily Népszabadság reported on... 

Tamás Fellegi, Hungary’s chief negotiator in the bailout talks with the International Monetary Fund (IMF) and the European Union, will hold a brief international doorstep press conference at 6 P.M.... 

Austrian banks have enough capital to protect themselves from neighbouring Hungary's financial problems, Austrian Central Bank Governor and ECB policymaker Ewald Nowotny said in a radio interview on Wednesday.... 

Hungary’s government hold consultations with central bank (NBH) officials on a daily basis in order to maintain confidence in the forint, Prime Minister Viktor Orbán told a press conference after... 

The European Central Bank has once again expressed concern over Hungary's new Cental Bank Act, currently in the legislative phase. The ECB is of the view that increasing the number of Vice Governors and... 

Hungary’s central bank (NBH) Governor András Simor will remain in his office until the end of his mandate; the merger of the NBH with market regulator PSZÁF may be put on the agenda only after that... 

Hungary's ruling Fidesz party has submitted amendments to its draft central bank law to bring it in line with the European Central Bank's (ECB) proposals, Antal Rogán, head of Parliament’s Economic... 

Speaking in Parliament's Economic Committe, Governor of the National Bank of Hungary András Simor took a stance against government plans to appoint one more Vice Governor at the central bank and expand... 

On Wednesday, the Hungarian Parliament’s constitutional committee submitted a bill which envisions raising the number of Monetary Council members to nine from seven, the number of Deputy Governors... 

In early November, the European Central Bank (ECB) received a request from the Hungarian Ministry for the National Economy for an opinion on a draft law replacing the Law on the Natinoal Bank of Hungary.... 

The Hungarian government will not submit the new central bank law to Parliament before receiving the assessment of the bill from the European Central Bank (ECB), the government spokesman's office said... 

After marked depreciation after market opening Hungary’s forint has started to stabilise versus the euro in the morning and on the back of a number of favourable news from abroad and a very good... 

The European Central Bank (ECB) has called upon Hungary on Tuesday to honour its obligation to consult the Bank in the future, which the country breached when requesting the ECB for an opinion on a draft...