Bloomberg News

Hungary Open to Central Bank Law Changes, Szijjarto Tells M1

June 04, 2012

The Hungarian government is open to more changes to the central bank law to boost the Magyar Nemzeti Bank’s independence, said Peter Szijjarto, state secretary at the prime minister’s office.

Hungary will compromise “within the bounds of reason” regarding a planned increase in the number of policy makers and the nomination of a third vice president at the central bank, Szijjarto said in an interview on public television M1 today.

To contact the reporter on this story: Edith Balazs in Budapest at ebalazs1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net


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