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Hungarian Parliament approves new central bank decision-makers

Lawmakers on Monday approved the appointment of Zoltán Kovács and Éva Búza as external members of the rate-setting Monetary Council.

The Inflation Target Could Be Met at the Current Base Rate

The Monetary Council kept the base rate at 13.0 percent and did not change either side of the interest rate corridor, according to its statement.

Government Manages to Decrease Public Debt in Times of Financial Stress

According to the latest data from the Central Bank of Hungary, the ratio of public debt to gross domestic product improved more than expected.

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