News in Brief
NBH Governor: Banks should promote making economy “green and digital”
Societies and economies turning digital, carbon-dioxide-free and more open is “a challenge and an opportunity at the same time”, György Matolcsy said.
György Matolcsy
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Matolcsy: NBH handled 2020 crisis successfully
The NBH governor said that to eliminate the “last vestiges of the crisis”, Hungary will have to focus on competitiveness.
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NBH Governor: Forint is crucial to Hungary’s economic turnaround
Notwithstanding Hungary’s obligation to adopt the euro, the single currency should only be adopted solely on the basis of Hungary’s national interests.
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PM Orbán: Money’s value is underpinned by gold, central bank and government
Prime Minister Viktor Orbán said perilous times are ahead for the global economy.
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NBH governor: Investment growth, job creation and cheap credit are necessary for Hungary’s economic recovery
NBH governor has said investment growth, job creation and cheap credit will be necessary for Hungary’s economic recovery from the coronavirus crisis.
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NBH governor outlines 12 reforms to preserve Hungary's success
National Bank of Hungary (NBH) governor György Matolcsy has outlined 12 reforms he said would be necessary to preserve and increase Hungary’s success in the coming decade.
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National Bank of Hungary Governor: “We have had great success over the last seven years, but this does not save us from the danger of a new attack”
György Matolcsy, governor of the National Bank of Hungary (MNB), announced new monetary measures focused on supporting the protection of Hungary’s economy.
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NBH Governor: Some member states' position on next EU budget is “unfair” and “wrong”
Significant progress has been made in the region over the past 15 years, but local infrastructure is still not on par with that in the West. At the same time, western European companies have staked out local markets.
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Central Bank Governor: Hungarian economy must learn the fine art of overtaking on corners
The governor said growth rates are consistently 3 percent above the European Union average and Hungary has again taken the lead in the region from Poland.
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MNB governor calls for reform of the eurozone and a “rethink” of the Maastricht criteria
György Matolcsy has called on members of the European community to start a dialogue on reforming the eurozone.
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Central Bank Governor: Hungary aims to become one of the top five countries in Europe
György Matolcsy said the goal is to approach Austria’s level of development and to reach the European average.
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Central Bank Governor: Why can’t we, Hungarians, for once be on the winning side of a global clash?
György Matolcsy, Governor of Hungary’s Central Bank, draws parallels between global economic conflicts of our time and the Thirty Years’ War.
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Central Bank Governor: The Hungarian economy needs another boost to catch up with the more developed European countries
Matolcsy said that after its successful budgetary and monetary turn, the Hungarian economy now needs a marked improvement in competitiveness