Hungary has been ‘off course’ since 2021 – MNB governor
Matolcsy tears into government’s economic policy
In the latest round in the ongoing spat between Hungary’s government and central bank, the bank’s governor has said the country needs a “full economic turnaround”.
György Matolcsy told a conference in the east of the country on September 5 that the consensus in the Central Bank of Hungary (MNB) “is that the country has been off the correct economic policy track since 2021”.
He said the cumulative rise in consumer prices between December 2019 and July 2024 had been highest in Hungary. During this
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