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The Hungarian National Bank (Hungarian: Magyar Nemzeti Bank, MNB) is the central bank of Hungary and as such part of the European System of Central Banks (ESCB). It was established in 1924 as a successor entity of the Austro-Hungarian Bank, under the economic assistance provided to Hungary by the Economic and Financial Organization of the League of Nations.
The economy of Hungary is a developing, [1] high-income mixed economy, ranked as the 9th most complex economy according to the Economic Complexity Index. [26] Hungary is a member of the Organisation for Economic Co-operation and Development (OECD) with a very high human development index and a skilled labour force, with the 22nd lowest income inequality by Gini index in the world.
Under his management, the company became the second fastest-growing member of Deloitte Central Europe group. Simor was a member of the group’s regional board of directors between 2002 and 2006. From 2007 to 2013 Simor was Governor of the National Bank for Hungary. In July 2013 he joined EBRD as Vice President, Policy.
The economy of the Socialist Federal Republic of Yugoslavia (SFRY) was a unique system of socialist self-management that operated from the end of World War II until the country's dissolution in the 1990s. The Yugoslav economy was characterized by a combination of market mechanisms and state planning, with a focus on worker self-management and a ...
The National Bank of Hungary, which cut its base rate by 25 basis points to 6.5% on Tuesday, reduced its economic growth forecasts - projecting it at 1% to 1.8% this year and 2.7% to 3.7% next ...
A rebound in inflation outside the central bank's target forced the National Bank of Hungary to pause rate easing at the EU's highest level of 6.75% last month after 15 consecutive cuts totalling ...
Surányi has been president of the Hungarian national Bank between 1990–1991 and again in 1995-2001. In his second tenure as central banker from 1995 he played a role in the restoration of balance to the Hungarian economy and getting inflation under control.
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