President refuses to sign Hungary central bank law
Law would have drastically reduced scrutiny of central bank, critics allege
Hungary's president has referred a controversial law on the country's central bank to the constitutional court, the president's office confirmed today (March 10).
President János Áder, a former parliamentarian from the ruling Fidesz party, reportedly said the law ran counter to a constitutional requirement that public funds be managed transparently.
The law would drastically restrict the amount of information the central bank would be obliged to disclose, says Miklos Ligeti, legal director of
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