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Orban appoints Varga as new head of Hungary's central bank
Hungarian Prime Minister Viktor Orban has nominated his finance minister, Mihaly Varga, to lead the National Bank of Hungary starting in March, following the end of Governor Gyorgy Matolcsy’s term. Orban is also expected to consolidate economic policy under a "superministry" by appointing Marton Nagy as finance minister, although this has not been officially confirmed.
Orban set to announce new central bank chief and economy czar soon
Hungarian Prime Minister Viktor Orban is expected to announce his selections for the central bank governor and a key economic position within days. Finance chief Mihaly Varga is the leading candidate to oversee monetary policy, as indicated by Economy Minister Marton Nagy in a recent interview.
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