Bloomberg News

Hungary Focusing on Debt, Deficit Reductions in 2012, Simor Says

October 06, 2011

Oct. 6 (Bloomberg) -- Hungary’s government is embarking on a tightening of budget policy in 2012 with a focus on reducing the debt and deficit levels, central bank President Andras Simor said.

“The government is acutely aware that debt needs to be brought down and budget policy needs to be extremely disciplined,” Simor said in a speech in London today.

To contact the reporter on this story: Agnes Lovasz in London at

To contact the editor responsible for this story: Zoltan Simon at

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