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György Matolcsy

Hungarian Minister of Finance Mihály Varga speaks at a press conference in Budapest on 28 November 2024.

Viktor Orbán Nominates Finance Minister Varga as Governor of the Central Bank

Hungarian Prime Minister Viktor Orbán has nominated incumbent Finance Minister Mihály Varga to assume the role of Governor of the Central Bank of Hungary in March. The position will become vacant as the current governor, György Matolcsy, steps down after…
Prime Minister Viktor Orbán with his press chief Bertalan Havasi in Kötcse on 8 September 2024

PM Orbán Announces Peace Budget and Plans for Wage and Family Support Increases

At the annual Kötcse gathering of conservative political and cultural elites Viktor Orbán shared that an action plan has been drafted for a ‘peace budget’ that will involve wage hikes, as well as more government support for families and for…

Commemorative Coins Issued for Hungarian Nobel Laureates

In tribute to the two Hungarian Nobel laureates, biochemist Katalin Karikó and physicist Ferenc Krausz, the Hungarian National Bank (MNB) released silver coins with a face value of 7,500 forints and base metal coins with a face value of 3,000…

The Most Important Task of the Government is to Control Inflation

Mihály Varga pointed out during the introductory economic policy roundtable discussion that the government has taken measures to reduce inflation risks, which have yielded results. This is confirmed by the analyses of major credit rating agencies, which are ‘filled with…

A Decisive Decade

In Matolcsy’s understanding, the current debate on the theoretical and practical side of the economy is caused by the difference between ‘the former liberal approach and the currently rising approach based on sustainability’, the contrast of which is compounded by,…

National Bank Governor Matolcsy: ‘It is the MNB’s Obligation to Fight Inflation’

National Bank Governor Matolcsy reminded that during the coronavirus pandemic, the crisis was successfully managed thanks to the joint effort of the government, the central bank, the banking system, the business sector, and families, and the crisis was solved within…

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