Hungary plans to pass controversial law - News - Dukascopy Bank

Fri, 30 Dec 2011 12:31:07 GMT
Source: BBC
 
© Scanpix/AFP

Hungary plans to accept changes to constitution that limits  the independence of the Hungary's central bank. The changes are expected to be approved during the last session of the parliament in 2011. The country has applied for aid package of 20bn Euros from the IMF and the EU. Currently, the organizations ceased the negotiations as the new law undermines the independence of the country's central bank.


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