The president of the Central Bank is right that there is a problem, but the problem affects everyone: high energy prices are pushing economies all over Europe towards recession. All countries were forced to act, including Hungary. As a result of the crisis management, economic growth has so far remained high (4.1% in the third quarter, which is the seventh highest rate in the EU), as well as high employment (4.7 million people are working, unemployment is still below 4%). It is possible to build on the results of the past years"
- Mihály Varga wrote on his Facebook page in response to the shocking statement made by György Matolcsy, the president of the Hungarian National Bank, at the parliamentary hearing, that according to him, the Hungarian economy is in a situation close to a crisis, and one of the sources of the problems is the breakdown of the economic policy harmony between the government and the central bank . It is not known what the president of the MNB's intention was with the outburst, in any case, the forint did not tolerate it well.
On behalf of the government, András Tállai, the State Secretary of the Ministry of Finance, responded briefly to György Matolcsy's words in a parliamentary speech. "The Magyar Nemzeti Bank has no government role in economic policy," the Telex quotes. András Tállai emphasized that the MNB is independent, carries out its legally defined task independently, and can express its opinion completely independently and freely, even on economic policy or other economic matters affecting the world. Later, Balázs Fürjes, State Secretary of the Prime Minister's Office, also reflected on what happened.
Monday is the day of independence of the Hungarian National Bank. The rule of law, thank you very much, is fine.
Source: 888.hu/vg
Featured image: portfolio.hu