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MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessNBH Deputy Governor Virag on Adopting the Euro
- NBH Deputy Governor Barnabas Virag said in an interview today that adopting the euro is a 'milestone', not a destination, for the Hungarian economy.
- Virag mentioned that the convergence must be successful and participate positively to the development of the economy.
- He noted that some early joiners in the periphery (i.e. Italy, Greece) have seen their levels of development fallen sharply in the following two decades (up to 25% loss).
- Hence, a strategic plan is necessary that deals with the continuous improvement of competitiveness and productivity to ensure than Hungary can continue to the process of convergence (BBG).
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.