MNB Launches ‘Catch-up with Austria’ Programme

Emerging Europe / Claudia Patricolo

The Central Bank of Hungary (MNB) launched a new competitiveness programme which aims to bring the country’s economy equal with neighbouring Austria. “Due to the successful reforms which have been implemented since 2010, Hungary has become one of the growth engines of the European Union. The new competitiveness programme will help to develop and sustain the country’s growth potential,” said MNB President György Matolcsy. More...