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HUNGARY: Cabinet Minister Says No Decision Made on Next NBH Chief

HUNGARY
CEEMEAEM BulletBulletGlobalEmerging Market NewsHungaryRegion
  • According to local newspaper Világgazdaság, in response to a question on the NBH Governor, Cabinet Minister Gulyas said “We do not deal with entertaining newspaper ducks”. He added that there is no specific decision regarding the new president of the central bank and no government reshuffle is expected.
  • he said, adding that next year all analysts place Hungarian growth above 3 percent, while the deficit may decrease by 0.7 percent.
  • He emphasized that he wants the growth to be as dynamic as possible next year, but this year the GDP expansion of close to 2 percent is expected, which is a great result due to the problems of the external environment and Germany.
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  • According to local newspaper Világgazdaság, in response to a question on the NBH Governor, Cabinet Minister Gulyas said “We do not deal with entertaining newspaper ducks”. He added that there is no specific decision regarding the new president of the central bank and no government reshuffle is expected.
  • he said, adding that next year all analysts place Hungarian growth above 3 percent, while the deficit may decrease by 0.7 percent.
  • He emphasized that he wants the growth to be as dynamic as possible next year, but this year the GDP expansion of close to 2 percent is expected, which is a great result due to the problems of the external environment and Germany.