Hungary: Central bank rejects PM's plea on rates

HUNGARY - Zsigmond Jarai has said that the current rate of interest is appropriate.

A report from Hungarian TV2 satellite service states that the chairman of the National Bank of Hungary said that there was no need for changing monetary policy provided that the government reduce public finance overspending to the planned size. Zsigmond Jarai said this in response to a statement by Prime Minister Peter Medgyessy at a conference staged by The Economist yesterday.

The prime minister said that he

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.