Bloomberg News

Hungary to Consider ECB Opinion on Central Bank Law, Orban Says

December 15, 2011

Dec. 15 (Bloomberg) -- Hungary will consider the European Central Bank’s opinion on the country’s draft central bank law “with due seriousness,” Prime Minister Viktor Orban said.

Orban hasn’t read the ECB’s opinion yet, he told reporters in Budapest today. Comments by central bank President Andras Simor on the central bank law were “political provocation,” Orban added.

Orban is seeking a “total takeover” of the central bank, Simor told the news website Index in an interview published today.

--With assistance from Andras Gergely in Budapest. Editor: Balazs Penz

To contact the reporter on this story: Zoltan Simon in Budapest at zsimon@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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