Hungary cbank chief calls on government to aid efforts to curb inflation

Kitco Media
By Reuters
Published:
Updated:
Reuters
BUDAPEST, March 8 (Reuters) - Hungarian central bank Governor Gyorgy Matolcsy called on Prime Minister Viktor Orban's government on Wednesday to aid central bank efforts to curb inflation, saying the country faced risks from rising debt servicing costs and slower convergence. "The National Bank of Hungary must fight against inflation and we ask the government's help in this effort," Matolcsy told parliament after data showed February inflation coming in at 25.4% year-on-year, in line with market forecasts. (Reporting by Gergely Szakacs)

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