Hungary's PM Orbán To Name National Bank Head At Last Minute
- 31 Jan 2013 8:00 AM
Prime Minister Viktor Orbán made it clear on Wednesday that he will name the next governor of the MNB one day before his term begins, in order to avoid disputes affecting the appointee. Current governor András Simor’s term ends on March 3.
There are two explanations for this, reflected Concorde analyst János Samu.
One is that Orbán is considering a nominee that markets would not be pleased with, so he would like to keep the appointee away from public scrutiny.
The other, more likely, explanation is that Orbán has not found the right person yet, Samu said.
Source: Hungary Around the Clock
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